Our client is seeking an experienced Processing Manager. Ideal candidate must have processing management experience.
Essential Duties and Responsibilities
Manages a team of processors
Review, manage and prioritize loans based on closing date
Meet ALL closing dates
Verify loan packages for accuracy, borrower signatures and anticipate conditions required for the loan.
Communicate clearly with the borrower using the most effective medium to obtain information/ documents and answer any questions or concerns.
Review credit, income, asset documentation, transcripts, title, appraisal and any other required documentation for the packages.
Take the initiative to investigate, research and resolve any issues that may arise.
Submit loan to underwriting for approval and clear to close.
Reconcile fees on LE, Issue CD and closing documents. Coordinate with the title company, Realtor, and borrower to schedule the closing date. Escalate issues when necessary to Operations Manager or Loan Officer Assistant Team Lead.
Submit Monday update on pipeline to Loan Officer Assistants so they can complete their Tuesday updates with the clients
Maintain confidentiality while processing loan and communicating with borrowers and real estate agents. Stay current with mortgage industry and product changes.
Remain up to date with underwriting guidelines. Performs other tasks as assigned.
Keep a working pipeline of 10-20 loans
Required Skills and Experience
5+ Years Mortgage Processing experience
Working knowledge of Fannie, Freddie, FHA and VA Guidelines
Excellent written and oral communication skills
Demonstrates a keen attention to detail, good at multi-tasking and working in a team focused environment