Role overview

Qualifications

5+ years loan processing experience required
FHA/VA product experience required
Automated Underwriting (DU) experience required
High school diploma or general education degree (GED) required

Responsibilities

Review loan files and determine what documentation is required to meet investor guidelines
Communicate and respond to internal and external customers generally within 2 hours
Utilize pipeline reports to effectively manage loans and prioritize daily workflow
Consult with Loan Processing Manager weekly on loan status and prioritizes workflow accordingly

Key facts

Remote from: Louisiana (USA)
Full time
Senior (5-10 years)
Loan Officer (Commercial)
English

Hard skills

Loan Processing Federal Housing Administration Underwriting Pipeline Planning

Other skills

Communication
Time Management

About the company

loanDepot

Mortgage & Real Estate Finance

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as one of the nation’s largest non-bank retail mortgage lenders, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life’s most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works though a variety of local, regional and national philanthropic efforts. loanDepot is an approved seller and servicer for Fannie Mae, Freddie Mac and Ginnie Mae. loanDepot, LLC, NMLS #174457 (http://nmlsconsumeraccess.org). Equal Housing Opportunity. Learn more at loandepot.com.

Company details

IndustryMortgage & Real Estate Finance

Company size5001 - 10000

Links

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Job description

Description

Position at loanDepot

Position Summary:

Loan Processors will work independently processing both conventional and government products. They will examine and evaluate approval of customer applications for real estate loans and will be responsible for the closing of loans in a timely manner.

Responsibilities:

Review loan files and determine what documentation is required to meet investor guidelines
Communicate and respond to internal customers (Loan Consultants, Processing Managers) and external customers (borrowers, 3rd party vendors) generally within 2 hours
Utilize pipeline reports to effectively manage loans and prioritize daily workflow
Become proficient with document management system and update all information appropriately and accurately in system
Consult with Loan Processing Manager weekly on loan status and prioritizes workflow accordingly
Maintains current knowledge of guidelines and loan programs
Requests, organizes, and processes loan documentation and independently submitting files to Underwriting monthly
Successfully manage a full pipeline, month over month
Consistently hit monthly funding requirements based on pipeline size and current market conditions

Requirements:

5+ years loan processing experience required
FHA/VA product experience required
Automated Underwriting (DU) experience required
Purchase processing experience preferred
High school diploma or general education degree (GED) required
Location: Louisiana referred.

Why work for #teamloanDepot:

Aggressive compensation package based on experience and skillset
Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
Work with other passionate, purposeful and customer-centric people
Extensive internal growth and professional development opportunities including tuition reimbursement
Comprehensive benefits package including Medical/Dental/Vision
Wellness program to support both mental and physical health
Generous paid time off for both exempt and non-exempt positions

About loanDepot:

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $22.12 and $36.06. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.