Bay Equity LLC
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at Bay Equity LLC
|Location:||Highlands Ranch, CO|
Bay Equity is a full-service retail mortgage lending institution headquartered in Sausalito. In 2011 and 2012, San Francisco Business Times named Bay Equity among its "Top 100 Fastest-Growing Private Companies" in the Bay Area.
We are hiring for a Loan Processor in our Highlands Ranch Branch.
Duties and Responsibilities:
- Review loan application to determine the completeness of all documents and verify the borrows qualification for specified loan product
- Advise loan officer of any deficiencies or missing documentation
- Works with escrow to obtain all items necessary for disclosure e.g. estimated HUD, preliminary title report, closing protection letter and wire instructions
- Prepares GFE, TIL, fee worksheet and all disclosures, orders appraisal and run credit
- Package and submit complete files to operations through Encompass program
- Upon receipt of loan approval, works with the loan officer, loan coordinator, and escrow officer to clear all prior to doc conditions and funding conditions
- Prepares doc request and submits to loan coordinator
- Arranges signing for borrower with escrow officer
- Works with funder, loan officer and escrow officer to clear funding conditions
- Minimum 3 years recent/current mortgage loan processing experience
- Experience utilizing Encompass mortgage software required
- Must have experience processing government FHA and VA loans
- Must have experience processing conventional and non-conforming loans
- Ability to work collaboratively with others
- Excellent communication skills
- Strong customer service skills
- Ability to multi-task and use deductive reasoning
- Knowledge of Encompass, Fannie Mae (DU) and Freddie Mac (LP)
We offer a comprehensive benefit package including; medical, dental, vision, life insurance, 401k, and paid time off. This is a full-time position with enormous growth potential in an expanding company.