Junior Processor

Job Summary :

The Junior Processor assesses the financial history of loan applicants to determine whether applicant is eligible to obtain the loan.

Responsibilities :

Research and verify information about loan applicant as required

Examines assets given as security and determines whether assets are suitable

Helps to examine if the loan applicant has the capacity to repay the loan and ensures the loan applicant has reliable streams of income

Pipeline management of loans where disclosures have not been returned

Basic Office functions including, but not limited to : assisting LO with making copies, follow up phones calls, collecting and inputting data into system, ordering of items needed for completion of loan file.

Supervisory Responsibilities :

This position has no supervisory responsibilities.

Requirements :

High School Diploma or Equivalent

One (1) to Three (3) years prior Loan Processing / Jr. Processing or Loan Set up experience in the mortgage industry is preferred

Knowledge of Freddie Mac, Fannie Mae and FHA / VA guidelines

Knowledge of general federal and state mandated consumer disclosure requirements

Familiarity with automated underwriting technology i.e., Fannie Mae Desktop Underwriter and Freddie mac Loan Prospector

Proficient in data entry and management

Must be Familiar with TILA / RESPA Integrated Disclosure (TRID).

Experience in the mortgage industry preferred

Ability to deliver effective results

Reliable transportation, valid driver’s license and current automotive insurance

Sound judgment and decision-making skills

Ability to work under pressure and meet deadlines with minimal supervision

Excellent service skills

Excellent organizational skills

Physical / Sensory Requirements :

Must be able to lift 25 pounds at a time

Bend, stoop and stretch as needed

Prolonged periods of sitting, standing and or ambulating (Employee has some control over the length of time)

Prolonged use of computers, telephone, and other standard office equipment which includes reading, writing, listening or speaking

Fluency in English language (written, oral, spoken); fluency in a second language desirable