Logo
First Home Mortgage

Mortgage Loan Processor

First Home Mortgage, Baltimore, Maryland, United States, 21276

Save Job

1 day ago Be among the first 25 applicants

This range is provided by First Home Mortgage. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $48,000.00/yr - $55,000.00/yr

Additional compensation types Annual Bonus

The ideal candidate is responsible for reviewing and validating all information presented on the Loan Application by the consumer. The candidate will review the loan application and any corresponding documents gathered by the Loan Officer during the application process. The Loan Processor will communicate with the borrower to request any additional documentation as needed to validate all information to present to the Underwriter and procure loan approval.

Responsibilities

Within 72 hours, ensure all company minimum standards are met, including fees, documentation, schedule loan closing, and application accuracy.

Order and review appraisals, ensure UCDP submission, and timely delivery to customers. Procure and provide condominium documents.

Review loan and credit documents, update Encompass, and use AUS for automated approval.

Assist in acquiring post-closing loan purchase requirements as necessary.

Analyze financial documents and ensure compliance with regulations.

Qualifications

Bachelor's degree or equivalent

2+ years experience with mortgage loan processing preferred

Knowledge of FHA, VA, Conventional, and USDA loans

Familiarity with loan software, Encompass preferred.

Standard caseload: Carry 20-30 loans in process, closing 15+ loans per month efficiently.

If you are passionate about helping clients achieve their homeownership goals while working in a fast-paced environment, we encourage you to apply for this exciting opportunity as a Mortgage Processor.

Compensation Range: $48,000 – $55,000 annually, plus bonus per closed loan

Seniority level

Entry level

Employment type

Full-time

Job function

Finance and Sales

Referrals increase your chances of interviewing at First Home Mortgage by 2x

Inferred benefits

Medical insurance

Vision insurance

401(k)

#J-18808-Ljbffr