Loan Processor

Loan Processor

Location: Bridgewater, NJ

Finomus Home Loans is seeking a detail-oriented and highly organized individual to join our team as a Loan Processor. This vital role will be responsible for efficiently managing and processing loan applications, ensuring a seamless experience for our clients.

*** This is not a remote job, you will be asked to come into the Bridgewater, NJ office***

Responsibilities

As the Loan Processor, you will be responsible for:

1. Application Review: Thoroughly review and analyze loan applications for accuracy, completeness, and compliance with company policies and industry regulations.

2. Document Collection: Coordinate with clients, loan officers, and other stakeholders to gather all necessary documentation for loan approval.

3. Verification of Information: Verify applicant financial information, employment details, credit reports, and property valuations to ensure accuracy.

4. Communication: Maintain open and effective communication with clients, providing updates on the status of their loan applications and addressing any inquiries.

5. File Preparation: Prepare complete and organized loan files for underwriting review, ensuring all required documents are included.

6. Compliance Adherence: Ensure all loan processing activities adhere to federal, state, and local regulations.

7. Timely Closing: Work closely with all parties involved to facilitate a timely and smooth closing process.

Qualifications

• High school diploma or equivalent; additional education or certifications related to mortgage lending a plus.

• 3 years of experience in loan processing within the mortgage lending industry.

• Proficiency in Encompass software is required.

• Proficiency in loan origination systems and processing software.

• Proven experience in broker loan registration.

• Strong understanding of underwriting guidelines and industry regulations.

• Excellent organizational and multitasking abilities.

• Effective communication and customer service skills.

Compensation: $55,000 to $65,000

Compensation and Benefits

• Salary: $55,000 - $65,000 annually based on experience.

• Competitive salary and performance-based incentives.

• Health, dental, and vision insurance.

• 401(k) plan

• Paid time off and holidays.

• Opportunities for professional development and growth.

About Us

Pioneering Excellence in Mortgage Solutions

At Finomus Home Loans, we are not just transitioning; we're elevating the standards of mortgage services. With a rich legacy as a trusted Mortgage Broker, we are now stepping into the future as a dynamic Mortgage Banker.

Our Journey

Since 2020, we have been dedicated to helping individuals and families achieve their homeownership dreams. As a Mortgage Broker, we honed our expertise in understanding unique financial profiles and matching them with the perfect lending solutions.

A New Chapter

Now, as a Mortgage Banker, we're equipped to take your experience to even greater heights. This transition allows us to directly underwrite, fund, and service loans, giving us unparalleled control over the lending process. This translates to faster approvals, tailored financial strategies, and an unwavering commitment to your financial success.

Our Team

Comprising industry veterans and innovative minds, our team is passionate about finding creative solutions to meet your specific needs. We believe that every client's journey deserves a unique approach.

Our Vision

To be the foremost Mortgage Banker, setting new industry standards in customer-centricity, innovation, and financial empowerment.

Welcome to the future of mortgage solutions. Welcome to Finomus Home Loans!