Wemlo, part of the RE/MAX Holdings organization which includes Motto Mortgage®, the first national mortgage brokerage franchise brand in the U.S, is looking for Loan Processors to join our team!
This is a unique opportunity to work within a rapidly growing startup backed by the largest name in Real Estate. We are hiring 2+ employees for this position and there will be opportunities for upward growth.
The mortgage Loan Processor (LP) partners with Mortgage Brokers and Loan Originators (LOs) to facilitate a smooth transaction experience for borrowers.
The LP supports the LO by ensuring loan files contain all the documentation and data necessary to move through the loan lifecycle efficiently and to close the loan on time. Attention to detail, passion for process, and obsession about excellent customer service are critical. The Loan Processor is responsible for prioritizing and executing tasks and is supported by advanced technology solutions and an experienced loan processing mentor. The Loan Processor is exposed to very sensitive personal information of our borrowers, so high-levels of integrity and discretion are expected and non-negotiable.
Essential Duties:
Assist Loan Originators by prioritizing sales pipelines based on application statuses
Support Loan Originators with tasks related to completing the mortgage loan application (1003 Application) such as running AUS (Fannie Mae's DU/DO, Freddie Mac's LPA S2S, or USDA's GUS) or importing information from credit reports
Generate initial disclosures for LO review in accordance with the TILA-RESPA Integrated Disclosure Rule (TRID) procedures and timelines
Collect documentation from borrowers at the direction of LOs and the loan system; enter document information into the loan system and submit information to wholesale lending organizations for conditional approval
Manage the statuses and follow-up communications with mortgage services providers such as appraisers and title companies
Work with wholesale lending underwriters to secure conditional approval and clearance to close
Validate Final Closing Disclosure (Final CD) information and resolve any missing or mismatched data before closing the loan file in our system
Execute a Closing Checklist to confirm that all regulated and reportable information is captured in a loan file before closing the file in our system
Run and distribute various reports on a recurring basis
Participate in process improvement projects
Provide prompt, warm, and memorable service
Qualifications and Experience:
2+ years mortgage loan processing or other type of loan processing experience
Exceptional Customer Service
Bilingual applicants preferred
Ability to multi-task
Strong attention to detail
Wholesale and TPO experience not required, but a plus!
Hire Range/Rate:
$45,000 - $53,000
Actual compensation offered to candidate will be finalized at offer and may be above or below the posted range due to skill level, experience, industry specific knowledge, education/certifications, or geographic location. The offer rate represents one component of the RE/MAX Holdings total compensation package. Employees will also receive a number of benefits as listed below. Other compensation for this position may include bonus eligibility.
Competitive Medical, Dental, and Vision benefits
Retirement plans with optimal company match
Annual bonus/merit opportunity
Educational Assistance
Medical Health support program
M.O.R.E. Events offered in-person and virtually
Mentorship program
Employee Resource Groups
Community Engagement
Diversity, Equity, and Inclusion
Parenting
Remote
Woman at RE/MAX
RE/MAX, LLC./Motto Mortgage
Now is your chance to become part of a world-class, industry leading organization. RE/MAX Holdings, Inc. is a business that builds businesses. We provide the tools, education, and tech to our real estate network, which includes RE/MAX and Motto Mortgage franchises, agents, brokers, and consumers. Join us and build a career where your contribution is heard, your innovative ideas are valued, and hard work and collaboration truly makes a difference. Nobody in the world sells more real estate than RE/MAX!*
RE/MAX Holdings, Inc. is proudly headquartered in Denver, Colorado. Certain roles may be location specific, however in addition to Colorado, we welcome qualified candidates in the following states: Arkansas, California, Florida, Georgia, Illinois, Massachusetts, Michigan, Ohio, and Texas!
RE/MAX Holdings, Inc. is proud to be an equal opportunity employer committed to diversity and inclusion, as well as non-discrimination in employment. All qualified applicants receive consideration without regard to race, color, religion, gender, sexual orientation, national origin, age, veteran status, disability unrelated to performing the essential task of the job or other legally protected categories. All persons shall be afforded equal employment opportunity.