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We are looking for a detail-oriented Loan Processor - Support to join our team in Westlake Village, California. In this Contract to permanent position, you will play a pivotal role in ensuring the accuracy, completeness, and organization of loan applications and borrower documentation. This role offers the opportunity to contribute to the loan processing cycle while collaborating with a dynamic team.
Job Responsibility:
Review new loan applications thoroughly to ensure all required information is accurate and complete
Input borrower details into the Loan Origination System with precision and efficiency
Assess credit reports, income, assets, and liabilities to support loan structuring
Prepare loan files for underwriting by organizing and structuring all necessary information
Request and gather essential borrower documentation, including pay stubs, tax returns, bank statements, and identification
Verify employment details, calculate income, and confirm asset sources to maintain compliance
Communicate with borrowers and other stakeholders to resolve discrepancies and obtain missing information
Ensure all documentation meets regulatory and organizational standards
Collaborate with team members to enhance loan processing workflows and address challenges effectively
Requirements:
Minimum of 3 years of experience in loan processing or a related field
Proficiency in loan administration and mortgage processing systems
Strong knowledge of loan origination and lending practices
Familiarity with mortgage closing procedures and regulations
Ability to analyze financial data, including credit reports and income statements
Exceptional organizational and time management skills to handle multiple tasks
Excellent communication skills for interacting with borrowers and team members
Detail-oriented mindset with a commitment to accuracy and compliance
What we offer:
medical, vision, dental, life and disability insurance
401(k) or deferred compensation plan (if eligible)
paid time off for vacation, personal needs, and sick time