Job Description:
The company is the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.
The company is currently looking for an MMT-Loan Processor in the Branch Department. The Loan Processor role is to prepare and organize a home buyer’s file before sending it for approval. Loan Processors verify employment information and debt-to-income ratio. They look for any red flags in a loan application and try to resolve any problems before the file gets to closing. Most importantly, they provide a high level of customer service to our home buyers as well as builder partner.
Essential Duties and Responsibilities:
Oversee the receipt of a file from a Loan Officer through Final Approval
Communicate with the Loan Officer, home buyer, etc. on any items needed for the file
Review the file for correct stacking order, Automated Underwriting (AU) findings for initial determination, and appropriate documentation. Input any changes into the computer systems and re-run for a correct AU determination. Provide the status of a file to all parties
Submit all files to a DHI Underwriter at a Regional Underwriting Center, and review conditions when received from underwriting. When all conditions are received, make any changes necessary to the computer system and resubmit to the AU system
Read updates and comply with all Quality Control policies, attending QC meetings as scheduled. Review all files for DHI Mortgage required checklists, and respond to all QC write-ups within 10 calendar days
Complete pre-draws for Closing
Submit loan files to Closing after Final Approval
Review Loan Processor reports/dashboards, Project to Close, and Timeline Exception reports daily. The Loans in Process Report should be reviewed on a weekly basis
Attend weekly Loan Processor meetings as directed by Branch Operations Manager
Update comments and communication on all relevant reports
Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
To apply, and see more job details, please go to https://jobconnectionsproject.org/jobs/79284-2/