Job Details
Job Location
864-Residential Lending Operations Center - Arlington, MA
Remote Type
Fully Remote
Position Type
Full Time
Description
Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become of the most successful banks in Massachusetts with more than $4 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.
Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
The Loan Processor will be responsible for taking all necessary steps in accordance with internal policies and procedures of Leader Bank to bring residential loan transactions to a “ready to underwrite” status. Applicants will be trained to understand and regularly utilize FNMA, FHLMC, and FHA products. It is essential that the candidate demonstrates the ability to work in a fast-paced environment.
Responsibilities
- Process 1st and 2nd mortgage applications and preparing the physical file for the underwriter.
- Process FHA, conforming, and non-conforming loans.
- Accurate and timely delivery of RESPA/TIL documents to potential Borrower(s)
- Order and follow up with vendors for proper appraisal, title, closing, flood, etc.
- Follow up with Loan Officers and Borrower(s) to obtain any required additional loan documentation.
- Update Borrower(s) profiles and applications.
- Update and validate DU and LP findings.
Qualifications
- Excellent verbal and written communication skills.
- Ability to operate a personal computer with a strong knowledge of MS Office.
- Ability to work independently, take initiative and complete tasks within deadlines.
- Minimum of 1 year experience in mortgage loan processing required.
Leader Bank offers an excellent compensation and benefits package including: 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing, local organization.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.
