Mortgage Loan Processor-Full-time-Fairborn,Oh in Cincinnati, Oh at Vaco

Date Posted: 11/18/2020

Job Snapshot

Job Description

A Mortgage Loan Processor (MLP) provides professional support services to a Mortgage Loan Originator (MLO) by assembling a completely documented residential mortgage loan file in preparation for submission of the file to the underwriting department, where a decision to grant or deny a mortgage loan application is made. They interact daily with MLOs and company staff involved in underwriting and closing. Necessary skill - experience with Encompass Loan processing software.

Job responsibilities will include:

  • processing and preparing all of the final documents in the mortgage process (legal documents, mortgage closing documents, closing disclosures, etc). This process is completed 24-48 hours before final closing, so they would need to be able to meet deadlines.
  • Must have good communication skills. Will be interacting through phone and email with internal team members, customers, buyers, sellers, attorneys, RE agents, family members.
  • Great attention to detail. They will ensure all essential information and documentation in the closing process is accurate and complete.
  • Strong technical aptitude. Proven experience working with operating systems. They use a system called SoftPro. This is common in the mortgage and title industry.
  • Trainable. They are willing to train the right person if they have the drive.
  • Comfortable putting in the extra time. THEY DO PAY OVERTIME.

Job Requirements

A Mortgage Loan Processor (MLP) provides professional support services to a Mortgage Loan Originator (MLO) by assembling a completely documented residential mortgage loan file in preparation for submission of the file to the underwriting department, where a decision to grant or deny a mortgage loan application is made. They interact daily with MLOs and company staff involved in underwriting and closing. Necessary skill - experience with Encompass Loan processing software.