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Direct Loan Processor

Irvine, California
$20.00 to $30.00 Per Hour
15 Feb 2021
Ultimate Staffing is hiring a Remote Loan Processor to join an amazing company in the Mortgage Industry.

This is a direct hire, full-time opportunity.


Base compensation: $20.00-$30.00/hour depending on experience

Base + commission structure: Average compensation is $85,000-$105,000 total/first year

If interested, please apply!

Position Summary:
The Senior Loan Processor is responsible for acting as the primary liaison between Sales, Title, Escrow Funding, and Borrowers.

  • Collects all stipulations through final approval.
  • Prepares, validates, communicates and delivers any and all Revised Loan Estimates and Interim disclosures in accordance with regulatory service levels.
  • Prepares, validates, communicates and delivers any and all Closing Disclosures in accordance with company SLA's and regulatory service levels.
  • Manages a pipeline of 20-40 loans.
  • Acts as the primary liaison between Sales, Title, Escrow, Funding and Borrowers. Effectively communicates with all partners to ensure a smooth and efficient process.
  • Accountable for all loan files once they are received from Sales.
  • Reviews documentation for accuracy demonstrating a high attention to detail.
  • Evaluates credit, income, and title reports.
  • Performs other duties and projects as assigned.
  • 2-5+ years experience in the Mortgage industry preferred.
  • Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position.
  • Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
  • Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
  • Bachelor's Degree preferred
The Perks:
  • Competitive compensation reliant on ability & experience
  • Excellent benefits package including multiple health, dental & vision options
  • Company paid life and AD&D Insurance, as well as additional voluntary benefit possibilities
  • 401K with robust company match
  • 15+ PTO days in addition to 8 paid company holidays
We are an equal opportunity employer and value diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
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  • Job Reference: 232032470-2
  • Date Posted: 15 February 2021
  • Recruiter: Ultimate
  • Location: Irvine, California
  • Salary: $20.00 to $30.00 Per Hour
  • Sector: Banking & Financial Services