Employment Enterprises, Inc is supporting a client who is the leading provider of Shariah-compliant home financing in the U.S., having funded over $5 billion since 2002. We are seeking a Loan Processor to serve as the communications link between customers and the sales staff, oversee and expedites the application process and evaluate customer information, ensures validity of information and specifies conditions for approval of customer applications. This is a hybrid position based out of Richardson, Texas and pays $55,000-$60,000 per year.
Loan Processor Responsibilities
Maintain an open line of communication with applicants(s) and account executives throughout the process, assisting them with questions and notifying them and other parties with additional requirements and/or conditions.
Review documents and verify data collected by sales staff, ensure program eligibility and compliance with underwriting guidelines.
Calculate income and verify DTI prior to submission to underwriting.
Act in a lead capacity in the timely follow-up for missing documentation pertinent to the underwriting decision and closing of the transaction.
Manage a pipeline of open loan files from set-up to disbursement, including but not limited to updating closing dates.
Enter preliminary HUD-1 into the LOS system.
Run LP if necessary.
Provide coverage for other Account Managers in the event of scheduled and unscheduled absences.
Performs other duties as assigned.
Loan Processor Qualifications
Bachelor's degree preferred; one to two years related experience and/or training; or equivalent combination of education and experience in a mortgage banking environment.
Minimum 4 years' experience in processing, underwriting or closing function.
Working knowledge of Freddie Mac LP or Fannie Mae DUS and strong familiarity with conventional processing guidelines.
Strong organizational and communication skills.
Excellent prioritization and time management skills.
What we offer:
Individual & Family Health Insurance (Medical, Dental, Vision)
Company paid Life, AD&D, Short & Long-Term Disability
Ongoing Regulatory Trains & Leading Opportunities
“Our Equal Employment Opportunity Policy: Employment Enterprises, Inc. is an equal employment opportunity employer. We recruit, employ, assign, train, compensate and promote without regard to race, color, sex, age, disability, religion, national origin, marital status, sexual orientation, ancestry, U.S. Veteran status, or any other protected category under applicable law.”
Employment Enterprises, Inc is the parent company of Temporary Solutions, Inc. Temporary Solutions is a workforce solutions company based out of 10550 Linden Lake Plaza, Suite 200, Manassas, VA 20109. You can reach our recruiters about this job and more at 703-361-2220 or email recruiters@eeihr.com.
