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Loan Processor (Bilingual Preferred)

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Triad Financial Service Inc.

2024-10-02 05:41:09

Job location Bourbonnais, Illinois, United States

Job type: fulltime

Job industry: Accounting

Job description


Job Category: Chattel Operations
Requisition Number: LOANP001790
Posted: September 24, 2024
Full-Time
Bourbonnais, IL 60914, USA

Job Details

Description

Triad Financial Services is a leading provider of financial services and solutions, serving clients worldwide. We are seeking a highly motivated and skilled Mortgage Loan Processor to join our growing team.

Essential Functions:

  • Works directly with a Loan Officer to process loans from approval to clear to close.
  • Directs a Mortgage Loan Coordinator to assist with services needed on loans in process.
  • Sends out new approvals to borrowers with a detailed list of additional documents needed for the file after initial underwriting.
  • Reviews documents received from borrowers to ensure they are sufficient to clear conditions prior to submitting to underwriting.
  • Organizes the title package, appraisal, and borrower conditions within the file for underwriting review.
  • Updates fees and properly re-discloses the file.
  • Ensures all required documents are received in the file prior to clear to close review by underwriting.
  • Performs related duties as assigned by the Processing Manager.

Minimum Qualifications:

  • High school diploma or equivalent required. College degree in finance or banking preferred
  • At least 2-3 years of professional office environment required, preferably as an administrative or mortgage assistant
  • Possess an understanding of different loan products, such as conventional loans, FHA, VA, adjustable/ fixed, etc.
  • Highly motivated and goal-oriented with excellent customer service and communication skills.
  • Ability to work in a fast paced environment
  • Ability to manage a loan pipeline and associated incoming work to meet expected turn times.
  • Proficiency in Microsoft Office suite of products and ability to quickly gain proficiency in the company's proprietary mortgage software products.



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