Entry-Level Mortgage Loan Processor

Job description

Job Title: Xcelerate Loan Processor Location: In-Office (Meridian, ID) Reports to: Processing Manager Position Summary: The Xcelerate Loan Processor supports the loan origination process by preparing and reviewing residential loan files for initial underwriting submission. This role ensures the accuracy and completeness of documentation, working closely with Loan Officers and support staff to help move files efficiently through the Xcelerate pipeline. Key Responsibilities: - Review new loan submissions for completeness and accuracy based on Xcelerate processing requirements. - Order and review third-party verifications, including VOEs, VOIs, tax transcripts, SSN validations, and other necessary items. - Access and utilize various industry systems such as GUS, FHA Connection, MERS, VA WebLGY, and third-party platforms for employment/income verification. - Ensure all data entered into the loan origination system (Byte) is accurate and up to date. - Maintain organized records and detailed notes within the loan file to support efficient handoff to underwriting. - Support pipeline management by monitoring loan statuses and proactively resolving outstanding documentation issues. - Assist...