Located in Aliso Viejo, CA
Pay: $30-$40/Hr.
Job Full Description
Express Employment Professionals, Laguna Hills is recruiting Loan Processor & Underwriter for a Mortgage Lender company located in Aliso Viejo.
Service Line: Evaluation to Hire, Fulltime
Pay: $30-$40/Hr.
Schedule: M-F 8:00AM-5:00PM
Responsibility:
· Lead daily origination meetings providing clear, concise, and accurate updates on each of the deals in the pipeline to establish clear priorities of the day.
· Communicate with loan origination team and brokers to create a positive customer experience.
· Issue loan commitments, loan application forms and disclosures, loan documents, and other supporting documentation for completion and signature.
· Initiate and schedule Zoom interviews with borrowers. Focus on the borrowers ability to pay, bio, and explanation on use of proceeds.
· Ensure compliance with all applicable laws, regulations, and company policies especially business and investment purpose vs consumer transactions.
· Coordinate with third party affiliates, including title, escrow, insurance, and appraisers.
· Manage ownership of data collections and pipeline tracking.
· Evaluate accuracy of income and property values.
· Review preliminary title report to obtain clear title before closing.
Requirements:
- Two or more years of mortgage lending experience
- Knowledge and understanding of:
ü Hard money lending
ü Loan documents
ü Credit documents
ü Insurance documents (hazard, flood)
ü Closing and legal documents (HUD-1, promissory note, deed of trust, assignment)
ü Compliance, underwriting, origination, or processing roles.
ü Title and escrow documentation.
- Ability to manage multiple priorities, strong detail orientation and highly organized.
- Works with a strong sense of urgency and responsiveness.
- Proficiency with data entry, PDF software programs, Word, and Excel.
- Effective communication skills including verbal & written.
- Proven ability to work effectively both independently and in a team-based environment.
- Experience working with mortgage loan brokers and mortgage industry software systems.
Expectations:
- Process and close $80M in origination volume annually
ü $20M quarterly
ü current average loan amount $1.2M
ü 16.6 loans per quarter
ü 5.5 loans per month
- Issue loan commitment within 1 hour of request
- Issue borrower loan package, timeline, schedule Zoom interview, order appraisal, prelim, and escrow within 1 day of receiving loan commitment
- Close loans within 10 days of receiving signed loan commitments.
- Contact 50 brokers per week, implement the McKay 66 method, and document all calls in ACT database.
- Deliver broker appreciation package within 3 days of closed or cancelled loans
Ideal candidate would demonstrate the following character traits:
- Great work ethic and self-motivated.
- Sense of humor and positive attitude
- Trustworthy, confident, and assertive.
- Cooperative and harmonious.
- Systematic and decisive.
- Persistent, consistent, and graceful under pressure
Benefits of working with Express include medical benefits, training, and scholarship opportunities.
Apply with application to jobs.lagunahillsca.expresspros.com or email your resume to Lagunahillsca@expresspros.com or contact us at 949-556-3359
#2766OS
Laguna Hills, CA
2766
23181 Verdugo Drive
Suite 104-B
Laguna Hills, CA 92653
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