Loan Processor
As a Loan Processor you'll process residential mortgage loan files from initial application to funding, ensuring timely and accurate packaging of all loans originated by our loan officers. You'll be responsible for reviewing initial loan application verifying information as loan program requires, making sure all underwriting guidelines have been met. You'll work directly with the customer, loan officer, underwriter and closer to package a complete and compliant loan.
- Process residential mortgage loan files from initial application to funding, ensuring timely and accurate packaging of all loans originated by our loan officers. Review loan application and gather loan documents from the customer and third parties in support of the loan approval process, according to AUS findings, program parameters and investor guidelines. Complete simple income calculations.
- Submit the loan for initial loan decision and working directly with the customer and/or third parties to fulfill all necessary conditions for closing.
- Build rapport with borrowers and provide on-going communication to the customer regarding loan status.
- Successfully work with Loan Officers, Underwriters and Funders to ensure that loan files are submitted to underwriting within expected timelines and that loan conditions are met as required throughout each stage of the loan process.
What you'll need:
- 3+ years of related experience in Mortgage Processing or similar field.
- High school diploma required.
- Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate working knowledge of Encompass.
- Intermediate knowledge of FNMA, FHLMC, FHA and VA guidelines. Proficiency with DU and LP, FHA Connection and VA Portal. Calculating income from salaried and self-employed borrowers. Knowledge of TRID and compliance.
- Intermediate speaking and writing communication skills.
Benefits you'll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information.Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities.If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488.
When contacting us, please provide your contact information and state the nature of your accessibility issue.We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
Loan Processor
As a Loan Processor you'll process residential mortgage loan files from initial application to funding, ensuring timely and accurate packaging of all loans originated by our loan officers. You'll be responsible for reviewing initial loan application verifying information as loan program requires, making sure all underwriting guidelines have been met. You'll work directly with the customer, loan officer, underwriter and closer to package a complete and compliant loan.
- Process residential mortgage loan files from initial application to funding, ensuring timely and accurate packaging of all loans originated by our loan officers. Review loan application and gather loan documents from the customer and third parties in support of the loan approval process, according to AUS findings, program parameters and investor guidelines. Complete simple income calculations.
- Submit the loan for initial loan decision and working directly with the customer and/or third parties to fulfill all necessary conditions for closing.
- Build rapport with borrowers and provide on-going communication to the customer regarding loan status.
- Successfully work with Loan Officers, Underwriters and Funders to ensure that loan files are submitted to underwriting within expected timelines and that loan conditions are met as required throughout each stage of the loan process.
What you'll need:
- 3+ years of related experience in Mortgage Processing or similar field.
- High school diploma required.
- Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate working knowledge of Encompass.
- Intermediate knowledge of FNMA, FHLMC, FHA and VA guidelines. Proficiency with DU and LP, FHA Connection and VA Portal. Calculating income from salaried and self-employed borrowers. Knowledge of TRID and compliance.
- Intermediate speaking and writing communication skills.
Benefits you'll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information.Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities.If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488.
When contacting us, please provide your contact information and state the nature of your accessibility issue.We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
