Job Description
The company is the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.
The company is currently looking for an MMT-Loan Processor in the Branch Department. The Loan Processor role is to prepare and organize a home buyer’s file before sending it for approval. Loan Processors verify employment information and debt-to-income ratio. They look for any red flags in a loan application and try to resolve any problems before the file gets to closing. Most importantly, they provide a high level of customer service to our home buyers as well as builder partner.
Essential Duties and Responsibilities
- Oversee the receipt of a file from a Loan Officer through Final Approval
- Communicate with the Loan Officer, home buyer, etc. on any items needed for the file
- Review the file for correct stacking order, Automated Underwriting (AU) findings for initial determination, and appropriate documentation. Input any changes into the computer systems and re-run for a correct AU determination. Provide the status of a file to all parties
- Submit all files to a DHI Underwriter at a Regional Underwriting Center, and review conditions when received from underwriting. When all conditions are received, make any changes necessary to the computer system and resubmit to the AU system
- Read updates and comply with all Quality Control policies, attending QC meetings as scheduled. Review all files for DHI Mortgage required checklists, and respond to all QC write-ups within 10 calendar days
- Complete pre-draws for Closing
- Submit loan files to Closing after Final Approval
- Review Loan Processor reports/dashboards, Project to Close, and Timeline Exception reports daily. The Loans in Process Report should be reviewed on a weekly basis
- Attend weekly Loan Processor meetings as directed by Branch Operations Manager
- Update comments and communication on all relevant reports
- Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
For job details and To Apply, go to:
job connections project . org / jobs / 79284-2
(without spaces. There is no need to submit a cover letter on this site.)