Loan Processor

  • American Pacific Mortgage
  • 07/23/2021
Full time Insurance

Job Description

Primary Job:

Prepare loan submissions received from Loan Officers for Underwriting within APMC or other lending institution.  Submit, track, and follow up on all documentation required to close loans.

Essential Duties and Responsibilities:

  • Review submissions for completeness of documentation required for loan approval
  • Prepare/Review Initial Disclosures
  • Submit all eligible files through DU/LP for automated approval prior to submitting to APMC or other lending institution
  • Point of contact for Loan Officer and/or Borrower
  • Obtain and review needed documentation for final approval. Follow up and work with Loan Officer/Borrower through funding on any items needed to close loans
  • Ensure all borrowers receive final 1003 and MLDS in escrow prior to signing loan docs
  • Closing Disclosure Review
  • Follow through in obtaining broker check and other documentation needed for closing
  • Close out files after funding to meet the standards of our Quality Control Department, work on any files with missing documentation or those that may need corrections to make sure that all files meet AMPC standards for Quality Control
  • Conduct weekly pipeline review meetings with Loan Officers
  • Maintain current posted turn times and customer service levels
  • Develop and maintain current procedures for all functions within the Loan Processor position
  • Additional projects as assigned

Qualifications/Requirements:

  • Commitment to company values, policies and procedures
  • Excellent interpersonal communication skills
  • Customer Service - the ability to provide and maintain effective and positive communication
  • Adaptability - an ability to quickly learn new or different techniques, products and computer programs
  • Problem Solving - an ability to effectively analyze and resolve problems at a functional level
  • This person must live our culture every day!  (Respect, Transparency, Scrappy)
  • Other duties as assigned
  • Strong knowledge of multiple loan programs including FHA/VA, Conventional, ACCESS, USDA DU/LP, Jumbo
  • Strong interpersonal and customer service skills required; ability to work with diverse base of contacts (Loan Officers, clients, agents, lenders, title companies, etc.)
  • Detail-oriented individual with strong organizational and multitasking skills
  • Computer skills required include Word, Excel, Outlook (e-mail) and Encompass (mortgage origination software)
  • Strong mathematical aptitude, ability to calculate income via W-2/Tax Returns
  • Ability to work under pressure and meet stringent deadlines on a consistent basis

Embrace APMC Culture:

  • APMCares- Our charitable entity
  • As we grow and our reputation spreads, we know there are opportunities to make more significant contributions to the communities in our footprint.
  • APMCares was created to serve and support APM families in need and the causes we care about.
  • Office of Diversity
  • Increase APM's workforce diversity
  • Increase the diversity of the communities we serve