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Mortgage Loan Processor

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Company: RIGHT NOW MORTGAGE – VELOCITY PROCESSING COMPANY

Location: Texas

Essential Job Functions

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As a Mortgage Loan Processor at RIGHT NOW MORTGAGE – VELOCITY PROCESSING COMPANY, you will be responsible for various essential tasks related to loan processing. Here are the key functions:

  • Prepare loan files by reviewing loan applications, disclosing the loan, and obtaining documentation from 3rd party service providers.
  • Review purchase contracts.
  • Obtain UPS address verification.
  • Complete “order outs” for various services, including but not limited to:
    • Appraisal
    • Title Report/CPL/Tax Cert/Wire Instructions/Preliminary Fee Sheet
    • Flood Cert
    • Tax Transcripts
    • Condo Documents
  • Run Mortgage Insurance Quotes and AUS (Automated Underwriting System).
  • Obtain FHA case numbers, CAIVRS (Credit Alert Interactive Voice Response System), borrower validation, or VA case assignments.
  • Place orders for all required services during file setup.
  • Submit loans to Lenders.
  • Follow up on ordered items to ensure they are received in a timely manner.
  • Run daily reports to track missing ordered documents.
  • Maintain clear and effective communication with internal staff and 3rd party vendors.
  • Assist the Manager in recruiting Loan Originators.
  • Please send your resume, and the Manager will contact you for a phone interview.

Pay: $3,200.00 – $6,950.00 per month

Education:

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  • High school or equivalent (Preferred)

Experience:

  • Fair Housing Regulations: 5 years (Preferred)
  • Loan Processing: 5 years (Preferred)

License/Certification:

  • NMLS Licensed in Texas (Preferred)

Work Location: Remote

Banking jobs: Mortgage Loan Processor
Full time: Full Time
USA: Texas
Salary: $3200 - $6950 p/month
Work location: Remote

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