Carrington Mortgage Holdings, LLC

  • Loan Processor, Retail, Full Doc, Sr.

    Job Locations US-TN-Brentwood
    Job ID
    2018-7025
    Position Category
    Loan Processing
    Company
    Carrington Mortgage Services, LLC
    Position Type
    Regular
  • Overview

    Carrington maintains the necessary infrastructure to ensure stability and maximize value during any market cycle. We are a fully integrated mortgage company supporting our customers by providing a broad range of real estate services encompassing nearly all aspects of single family residential real estate transactions in the United States.


     


    Our Mortgage Lending Division is becoming an industry leader by providing competitive mortgage products within our Retail and Wholesale lines of business. We deliver a superior customer experience by meeting individual needs, focusing on financial education, ensuring that our loans close on time and making the entire process as easy as possible. We’re always building our mortgage business with our customers in mind. Join us.

    Responsibilities

    Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.


     


    What you'll do:


     



    • Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files.

    • Ensures the quality and compliance of work with Company policies, procedures, and investor guidelines.

    • Ensures that all loans are processed to meet Company and Investor guidelines

    • Constant communication with all external parties to the loan including but not limited to Borrower, Realtor, Closing Agent, and Appraisal Management Company.

    • Communicates with Regional Vice President, Loan Officers, Operations Manager, Disclosure Department, Underwriting Department, Docs/Funding Department, and Branch Manager as required to resolve outstanding issues

    • Communicates with escrow officer/settlement agent, title officer as required to resolved outstanding issues.

    • Assists Post Closing Department as needed with making the loan whole for purchase into secondary market.

    • Reviews and evaluates credit information on mortgage loan documents to determine acceptability for loan programs

    • Performs all duties of a Loan Processor which include but are  not limited to:

    • Receives and review loans submissions

    • Organizes and inputs loan information received into the company’s Loan Origination System (LOS).

    • Maintains open files, orders appraisals, sends verifications, acquires documentation related to Borrower and property

    • Pulls or verifies credit reports and flood certs  as needed

    • Monitors incoming documents verifying data collected by Loan Officers or agents

    • Informs loan officer, agent, borrower about discrepancies in title, appraisals, credit , employment, income and other file related items

    • Submits completed file to Underwriting Department for approval

    • Proactively monitors pipeline to ensure timely funding of loans

    • Obtains necessary stipulations to clear stipulations prior to docs and funding as required by Underwriting

    • Ensures compliance deadlines are met with regards to initial disclosures, approval letters and denials notices

    • Process 4506T, lock confirmations and request Change of Circumstance (COC’s) as needed.

    • Performs all duties of a Loan Processor which include but are  not limited to:


      • Receives and review loans submissions

      • Organizes and inputs loan information received into the company’s Loan Origination System (LOS).

      • Maintains open files, orders appraisals, sends verifications, acquires documentation related to Borrower and property

      • Pulls or verifies credit reports and flood certs  as needed

      • Monitors incoming documents verifying data collected by Loan Officers or agents

      • Informs loan officer, agent, borrower about discrepancies in title, appraisals, credit , employment, income and other file related items

      • Submits completed file to Underwriting Department for approval

      • Proactively monitors pipeline to ensure timely funding of loans

      • Obtains necessary stipulations to clear stipulations prior to docs and funding as required by Underwriting

      • Ensures compliance deadlines are met with regards to initial disclosures, approval letters and denials notices

      • Process 4506T, lock confirmations and request Change of Circumstance (COC’s) as needed.

      • Prepares file for docs per checklist.


    • Assists departmental support staff when necessary

    • Performs other related duties as assigned


     


    You’ll love this job if you’re:



    • Systematic and Diligent. You have a keen focus on the details and like to follow a plan.

    • Flexible and Hardworking. You take pride in your work, and will do whatever it takes to get things done right.

    • Quality Focused and Industrious. You’re passionate about maintaining high standards and delivering results.

    Qualifications

    What you'll need:


     



    • Requires a High School diploma or equivalent work experiences.

    • Five plus years Loan Processing work experience preferred.  

    • Experience working in a paperless environment preferred.


    EEO/AAP Employer

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