Position Title: Mortgage Loan Processor
Location: Reston, Virginia - Hybrid Remote
Industry: Mortgage / Residential Lending
Classification: Full-Time, Exempt
Reports To: VP, Operations Manager
Jones Networking is recruiting for a Mortgage Loan Processor to join a Residential Lending Firm in Reston, VA. This role serves as the communications link between customers and the sales staff. Our client offers a competitive salary, comprehensive healthcare, 401(k) with company match, long & short term disability insurance, life insurance, college loan reimbursement, flexible spending account, bonus opportunities and much more!
Mortgage Loan Processor Position Summary:
-Maintain open line of communication with customers and Account Executives throughout the process, assisting them with questions and notifying them and other parties with additional requirements and/or conditions.
-Review documents and verify data collected by Account Executives.
-Ensure program eligibility and compliance with underwriting guidelines.
-Calculate income and verify debt-to-income ratio (DTI) prior to submission to Underwriting.
-Act in a lead capacity in the timely follow-up for missing documentation pertinent to the underwriting decision and closing of the transaction.
-Manage a pipeline of open loan files from set-up to disbursement to closing dates.
-Enter preliminary HUD-1 into the Loan Origination System.
-Provide coverage for other Account Managers in the event of scheduled and unscheduled absences.
Qualifications Summary:
-Minimum two years experience in a mortgage processing, underwriting or closing function.
-College Degree is a plus.
-Working knowledge of Freddie Mac LP and/or Fannie Mae DUS.
-Understanding of conventional processing guidelines.
-Strong organizational and communication skills.
Please visit Jonesnet.com for a full list of career opportunities presented by Jones Networking.
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