Mortgage Loan Processor
- Los Angeles, CA, United States
$70,000 to $85,000 USD / year · Full-time
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Job details
- Pay
- $70,000 to $85,000 USD / year
- Job type
- Full-time
- Experience
- Experience: Minimum of 5+ years of recent experience as a Mortgage Loan Processor in a retail or broker environment.
- Posting language
- English
Original job description
Senior Mortgage Loan Processor (Hybrid) Location: Van Nuys, CA (Hybrid Remote/In-Office)
Job Type: Full-Time About the Role We are seeking an experienced, detail-oriented Senior Mortgage Loan Processor with 5+ years of hands-on experience to join our high-performing team in the Van Nuys area. In this hybrid role, you will play a crucial part in guiding borrowers smoothly from initial application through successful closing while managing a robust loan pipeline. If you thrive in a fast-paced environment, possess deep knowledge of conventional, FHA, VA, and jumbo guidelines, and take pride in exceptional customer service, we want to hear from you.
What You’ll Do
• Pipeline Management: Manage an active pipeline of residential mortgage loans from initial submission to closing, ensuring all SLA and lock expiration timelines are met.
• Documentation & Verification: Review loan applications, credit reports, income/asset documentation, and appraisals for accuracy and compliance with investor and regulatory guidelines.
• Borrower & Partner Communication: Serve as the primary point of contact for borrowers, real estate agents, and loan officers, providing proactive updates and collecting missing conditions.
• Condition Clearing: Partner closely with Underwriting to clear conditions efficiently, resolving discrepancies proactively and maintaining a clean file flow.
• System Compliance: Ensure all loan data is accurately entered and updated within the Loan Origination System (LOS) in compliance with TRID, RESPA, and company policies.
What We’re Looking For
• Experience: Minimum of 5+ years of recent experience as a Mortgage Loan Processor in a retail or broker environment.
• Guideline Expertise: Comprehensive working knowledge of Fannie Mae/Freddie Mac, FHA, VA, and Jumbo loan programs and guidelines.
• Technical Skills: Proficiency with modern Loan Origination Systems (LOS) and automated underwriting engines (DU/LP).
• Communication: Exceptional written and verbal communication skills with a strong customer-first mindset.
• Organization: Proven ability to multitask, prioritize deadlines, and manage high-volume pipelines with high accuracy.
Compensation & Benefits
• Competitive Base Salary: $70,000 – $85,000 per year (commensurate with experience and volume capacity).
• Performance Bonuses: Lucrative per-file closing bonuses and monthly volume incentives.
• Total Rewards: Comprehensive benefits package, including health insurance, paid time off (PTO), and retirement options.
• Work Flexibility: A balanced hybrid work schedule allowing flexibility between remote work and our Van Nuys office.
More about this job
Skills
- Mortgage loans
- Microsoft Office
- Customer service
- Documentation
- Regulatory compliance
- Communication skills
- Underwriting
- Multitask