Loan Processor
Location:
Olympia , Washington
Posted:
November 17, 2017
Reference:
04430-9500900253

Accountemps of Federal Way is searching for candidates to fill an open seat in a financial institution in Olympia. Our client is in need of a loan processor/closer for a full time position. This role is a potential temporary to hire opportunity!! Below is a description of the position. If you are interested in being considered for this role please send resumes to Kendra.Barile@accoutnemps.com and Karl.Harkins@accountemps.com. ESSENTIAL DUTIES RESPONSIBILITIES: •Organize, input, update and maintain accurate loan files and documentation. •Obtain and verify all documents pertaining to the application such as deposit and asset verification, credit, appraisal, flood determination, OFAC verification, employment verification, and title insurance documents, to ensure complete and accurate information is in the file before it is sent to underwriting. •Document the borrower's employment stability and Income adequacy. Complete the ability to repay checklist. . •Maintain constant communication with loan officers on status updates and/or changes to the loan. •Responsible for proper decision inputs in loan origination system for all applications. •Responsible for accurate HMDA Data entry on all applications received. •Prioritize and monitor daily workflow in order to ensure all loans are being worked on in accordance with company's timeline expectations. •Ensure any necessary and critical changes which require re-disclosure have been accurately notated and checked in the loan origination system for compliance purposes. •Preparation of loan documents for all loan types. Coordinate loan closing with customers, loan officers, and title companies. •Ensure collateral is properly secured protecting the banks interest. •Disburse funds at closing. •Review and audit loan file for federal lending regulation compliance. •Back up other Loan Processors and Closers as needed. •Update and maintain various logs and files as needed. Prepare adverse action notices. •Follow-up on post-closing items due


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