Loan Processor - (Sherman Oaks) in Los Angeles, California For Sale
Loan Processor Wintrust Mortgage is not like other mortgage providers. For us, its not just about products and price. Its about service. Service to our customers and our community. Whether youre buying your first home or refinancing, Wintrust Mortgage is your calm, clear and experienced guide through the mortgage process. Wintrust Mortgage was created to assist in the realization of the American dream of home ownership. Since its founding in xxxx, Wintrust Mortgage has weathered the ever changing real estate market. As a full-service federally-chartered lender with offices located across the country, Wintrust Mortgage is dedicated to providing customers with a wide range of mortgage products. To compliment the basic Conventional, FHA and VA Programs, Wintrust Mortgage is positioned to meet the needs of the continually evolving mortgage market. Wintrust Mortgage is a part of Wintrust Financial Corporation, a well capitalized, diverse, financial services company. As a Loan Processor, primary responsibilities include: Works directly with Loan Officer, Team Lead, Underwriters, Closers and Management May be required to open files within 2 days of receipt from loan officer where Opener position does not exist Analyze credit, income, assets, contract, appraisal, and Wintrust disclosures Research guidelines and matrices for all programs to insure loan is processed to guidelines Ensure completeness of application (xxxx) Issue needs letter and/or loan status letter to client and loan officer Follow up and insure receipt of requested documentation on timeline to insure submission of file to Underwriting no less than 10-days prior to estimated closing date, lock expiration or contingency date (earliest of all dates) Pull FraudGUARD Reports and obtain information to clear low and/or moderate impact findings as needed, obtain documentation to support clearance of items. Document any high impact alerts to UW to clear Insure 100% compliance with internal fraud prevention procedures and other Wintrust procedures Request contact information for Hazard Insurance from borrower Request Chain of Title from the title company and/or the seller attorney during the process of the loan Request and analyze Tax Return Verification (TRV) if tax returns are used to qualify. Insure match of income found in file Issue commitment letters Create follow-up procedures for items requested on needs letters, appraisals, titles and approvals Ensure contingency dates are met on purchases Clear any Underwriting conditions made for Processor to clear Complete Clear to Close Audit for every file prior to submission to UW for CTC Provide all conditions of loan approval to Underwriting for review and CTC no less than 5-days prior to the closing date Ensure all loans are clear to close and moved to closing department at least 3-days prior to the confirmed closing date Ensure borrower understands conditions for closing Order subordination agreements upon receipt of appraisal and title Analyze refinance title commitments to confirm that borrower is in title; property taxes are current and the number of liens on Schedule B May schedule closing date and time with borrowers, LOs and title companies Completes doc funding form and turn file with doc funding request into Closing Department Meet or discuss with Loan Officer(s) weekly to review pipeline This is a non-exempt position; periodic work will be performed outside regular business hours as volume dictates and to maintain required turn times
Source: http://www.juju.com/jad/xxxxxxxxmjtwyy?partnerid=af0exxxx314cbc501beebacaxxxx739d&exported=True&channel=staticfile&hosted_timestamp=xxxxa345f27ac5dce03e7febe67ae54a19ac67c34ee1c085ce9exxxxde800ec6