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Loan Processor
Ref No.: 18-02098
Location: Miami, Florida
Position Type:Direct Placement
Pay Rate : $ 35,000.00 - 45,000.00 /Year
Our client in the mortgage financing industry is searching for a Loan Processor to join their team. The ideal candidate for the position has advanced skills in English and Portuguese:

Essential Functions

- Processes mortgage applications according to investor or portfolio guidelines as appropriate
- Update applications in the computer database
- Review/interpret transmittal instructions from Underwriter for closing viable mortgage loans
- Prepare/monitor closing documentation, disclosures, and disbursement of mortgage loans
- Prepare packet for closing by calculating the necessary escrow's, real estate taxes, prepaid interest, points, origination fees and PMI insurance
- Coordinate the closing date with applicant and title companies and insures loan is in compliance
- Provide information to members and employees regarding rates, terms, mortgage conditions and criteria
- Provide preliminary prequalifying information to members as needed