Latitude, Inc.
Entry Level Processor
Fredrick, MD - Full Time
Job description
Details:
- • Onsite in Frederick, MD
- • Salary: $55,000 - 60,000
Responsibilities:
- • Application Review:
- • Review loan applications submitted by borrowers for completeness and accuracy.
- • Verify borrower information, including income, credit history, employment details, and financial statements.
- • Document Verification:
- • Collect and verify all required documentation, such as tax returns, pay stubs, bank statements, and property information.
- • Ensure that all documents are accurate, current, and meet lender and regulatory requirements. • Communication:
- • Maintain clear and consistent communication with borrowers to request additional information or clarify details as needed.
- • Collaborate with loan officers, underwriters, and other relevant parties to facilitate smooth loan processing.
- • Data Entry and System Management:
- • Enter borrower information and documentation into loan processing software or database systems accurately.
- • Update loan application statuses and document completion progress.
- • Guidelines Adherence:
- • Ensure that all loan applications comply with lender policies, industry regulations, and legal requirements.
- • Stay up-to-date with changing lending regulations and guidelines.
- • File Preparation:
- • Organize and compile loan application files for submission to underwriting.
- • Prepare and submit necessary documents to third-party vendors for services such as property appraisals and title searches.
- • Problem Solving:
- • Customer Service:
Qualifications:
• Bachelor's degree in finance or related field preferred •
