Senior Loan Processor
Core
Senior Loan Processor responsible for obtaining documentation, underwriting analysis, and assembling loan packages for residential mortgages.
Role type
Senior Loan Processor
Builds
Residential mortgage loan files for underwriting and closing
Domain
Mortgage lending / Consumer finance
Required skills
Credit analysis, Employment verification, Income verification, Asset verification, Regulatory compliance (RESPA, TIL, HMDA, Reg B), Loan document preparation, Vendor coordination, Pipeline management, Team supervision
Preferred skills
Encompass experience, Regulation Z knowledge
Technologies
Encompass
Responsibilities
Review and analyze borrower credit, employment, income, and assets; Assemble complete loan packages; Verify required documentation; Prepare loan approval summaries and Forms 1008/1003; Communicate with loan originators and customers for missing docs; Review loans for regulatory compliance; Coordinate third-party orders (surveys, title, flood); Manage loan pipeline; Train and supervise new processors; Assist with closing and loan servicing.
Seniority
Senior, hands-on IC with supervision duties