Top Senior Loan Processor Skills

Below we've compiled a list of the most important skills for a Senior Loan Processor. We ranked the top skills based on the percentage of Senior Loan Processor resumes they appeared on. For example, 20.7% of Senior Loan Processor resumes contained Loan Portfolio as a skill. Let's find out what skills a Senior Loan Processor actually needs in order to be successful in the workplace.

The six most common skills found on Senior Loan Processor resumes in 2020. Read below to see the full list.

1. Loan Portfolio

high Demand
Here's how Loan Portfolio is used in Senior Loan Processor jobs:
  • Perform all duties related to servicing Citibank's loan portfolio while supporting operations department's goals and objectives.
  • Developed and implemented a marketing plan diversifying our loan portfolio meeting sale requirements and compliant with Community Reinvestment Act.
  • Originated and managed mortgage loan portfolios provided technical, management and financial assistance to prospective clients.
  • Performed cost benefit analysis for clientele by scheduling appraisals and generating loan portfolios.
  • Managed/Prepared nationwide manufactured mortgage loan portfolios for daily, weekly, monthly, quarterly and yearly reporting.
  • Completed special projects for senior management relative to daily reconciliation, loan portfolios and wire transfer monitoring.

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2. Loan Applications

high Demand
Here's how Loan Applications is used in Senior Loan Processor jobs:
  • Informed clients and effectively communicated final decisions on loan, and discussed approval or rejection of loan applications.
  • Processed retail/wholesale home loan applications to internal/investor banking guidelines, verifying legal compliance and minimizing default and litigation.
  • Handled conditions from Underwriting and submitted approved loan applications to closing or initiated action on canceled/rejected loans.
  • Processed residential loan applications by reviewing applications for completeness, ordered necessary supporting documentation and credit qualified.
  • Review loan applications for completeness and accuracy, verifying supporting income, and asset and liability documentation.
  • Prepared residential and commercial loan applications in compliance with regulatory requirements to all major lending institutions.
  • Verify, compile and input all information for mortgage loan applications utilizing a loan origination system.
  • Assessed and processed loan applications from borrowers; analyzed information for guideline acceptance and credit worthiness.
  • Receive and complete setup of incoming loan applications from origination submission to funding of transaction.
  • Reviewed and analyzed loan applications to ensure accuracy, completeness and compliance with guidelines.
  • Collaborated with underwriting team to ensure the timely and accurate processing of loan applications.
  • Process and submit loan applications with supporting documentation and manage/prepare conditions for approved loans.
  • Process mortgage loan applications and related documentation in accordance with established regulations and processes.
  • Evaluated, Compiled and assembled loan applications and other documents into prescribed format.
  • Reviewed loan applications for completeness and accuracy and ordered all supporting documentation.
  • Reviewed Residential Loan Applications with borrowers and Loan Officers to ensure accuracy.
  • Reviewed and audited loan applications for completeness and compliance with underwriting requirements.
  • Supervised and coordinated activities of workers and engaged in processing loan applications.
  • Processed residential loan applications from initial application to loan closing and disbursement.
  • Processed conventional and government mortgage loan applications from submission to closing.

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3. Property Appraisals

high Demand
Here's how Property Appraisals is used in Senior Loan Processor jobs:
  • Meet funding requirements by ordering property appraisals, corrections and final inspections.
  • Ordered and reviewed property appraisals, obtaining property title documents.
  • Review all property appraisals to determine if the value of the property is supported.
  • Assessed complex property appraisals and reports.
  • Ordered all property appraisals, title commitments, surveys and insure that these loan documents were returned in a timely manner.
  • Evaluated credit reports, preliminary title reports, property appraisals, and other documentation submitted by borrower to determine loan eligibility.

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4. Va

high Demand
Here's how Va is used in Senior Loan Processor jobs:
  • Prioritized customer satisfaction and retention rates; highlighted sensitive and/or complex customer issues and escalated them to relevant departmental partners.
  • Managed complete loan issuance and internal approval process including applications review, closing organization, and customer education and outreach.
  • Credit counseled and advised potential clients throughout the approval process including cross selling of optional mortgage protection insurance.
  • Composed sales and marketing materials to provide innovative methods for enhancing consumer awareness of company products and services.
  • Complete final evaluation and analysis of completed application packages and submit eligible files specifying any applicable condition.
  • Evaluate borrower credit, income and supporting documents to assure creditworthiness and ability to meet financial obligations.
  • Submitted file for initial underwrite and worked efficiently on conditional approval to satisfy prior to doc/funding conditions.
  • Trained in management functions such as interviewing and hiring qualified applicants, conducting performance evaluations and counseling.
  • Verified and validated information on potential and existing clients, using different federal government websites.
  • Participated in a brainstorming group assembled by management to improve loan validation processes and procedures.
  • Communicate underwriting decision to Private Banker, applicant and/or closing agent on a consistent basis.
  • Gathered and examined loan documents and authorized approval of loan file for final underwriting review.
  • Requested necessary supporting documentation to complete loan process prior to submitting for loan approval.
  • Obtain initial documentation to begin application process and obtain all prior to approval conditions.
  • Review loan stats and reconcile productivity for various department staff ensuring productivity and profitability.
  • Reviewed and validated loan conditions and communicated decisions to mortgage brokers and account executives.
  • Conversed with brokers and applicants concerning loan status & specified documentation needed for approvals.
  • Review and validate initial loan application with borrower and request any outstanding documentation.
  • Processed and validated residential mortgage loan files for several top-producing loan originator.
  • Evaluated credit and property acceptability in accordance with company's underwriting guidelines.

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5. Income Documentation

high Demand
Here's how Income Documentation is used in Senior Loan Processor jobs:
  • Calculated income documentation, credit and other necessary conditions to ensure file completion to investor guidelines.
  • Reviewed, analyzed and calculated qualifying income documentation including personal and business tax returns.
  • Worked together with banker to gather income documentation and calculated income.
  • Analyzed and calculated all income documentation prior to submission to lender.
  • Experience in analyzing income documentations from self-employed borrowers to corporations.
  • Verified employment and calculated income documentation.
  • Receive and qualify client by all income documentation Price out with a variety of lenders that meet client's qualification.
  • Ordered current loan payoffs, mortgage histories, title reports, verification of employment, income documentation and appraisals.
  • Ordered and reviewed title report, credit report, income documentation, appraisal, assets and reserves.
  • Opened Escrow, opened Title, ordered credit and collected all income documentation from borrowers.
  • Analyzed income documentation, asset documentation, and credit to see if borrowers qualified.
  • Analyzed income documentation, credit, assets, appraisals and all other required documentation.
  • Calculated and reviewed income documentation to verify client was given the lowest payment.
  • Reviewed credit report, preliminary title report, income documentation, and appraisal.
  • Review and calculate all income documentation in the file to include tax returns.
  • Verify customer income documentation; resolve title issues such as liens and judgments.
  • Requested and followed up with clients for missing or updated income documentation.
  • Signed off on income documentation, title, and Home Owners Insurance.
  • Review title commitments, appraisals, income documentation and bank statements.
  • Reviewed income documentation and calculated the debt to income ratio.

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6. Title Companies

high Demand
Here's how Title Companies is used in Senior Loan Processor jobs:
  • Worked with appraisers, corporate relocation representatives, obtained loan approval requirements and coordinated loan closing with title companies.
  • Scheduled and coordinated closings at title companies and attorney offices and prepared required closing documents
  • Coordinate with title companies and escrow agents to obtain additional documentation.
  • Developed relationships with sales managers, underwriters and title companies
  • Collaborated closely with title companies to insure accurate closings.
  • Scheduled closing with borrowers/title companies/lenders.
  • Coordinated with title companies and appraisers for any trailing documents or further inspections that may be required during the loan process.
  • Acted as liaison between Client, Mortgage Banker, Lending Managers, Title Companies and Insurance Agents to ensure seamless closings.
  • Acted as liaison between loan officer and mortgage lenders, escrow, and title companies providing loan status and document requirements.
  • Relate with internal business partners, investors, attorneys and title companies throughout the various types of Special Loan processing.
  • Establish strong relationships with Account Executives, Loan Officers, Brokers, Closing Agents, Title Companies and internal staff.
  • Provide updates to customers, make calls to title companies, loan officers, and schedule closings and document signing.
  • Coordinated with loan officers, borrowers, title companies, and appraisers to obtain necessary documentation to process mortgage loans.
  • Work with Loan Officers, Borrowers, Sales, Agents and Title Companies to gather all documents needed to complete loan
  • Maintain a good working relationships with attorneys, investors, title companies and approved appraisers to set up closing dates.
  • Communicate with Originators, Sales Managers, and Title Companies on status of files and follow-up on outstanding documents needed.
  • Coordinated with clients, brokers, and title companies on credit reports, appraisals, and other loan file information.
  • Interacted with attorneys, title companies, banks and finance corporations to ensure all documents are in place for closing.
  • Verify title work and legal descriptions provided by title companies/attorneys, and also request any additional documents that need review.
  • Worked with title companies, builders, real estate agents, loan officers and clients to ensure a timely closing.

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7. Ensure Compliance

high Demand
Here's how Ensure Compliance is used in Senior Loan Processor jobs:
  • Reduced business risk by completing Quality Control audits to ensure compliance with federal regulations.
  • Prepare all necessary approval documents including worksheets required to ensure compliance with regulatory guidelines.
  • Reviewed daily requirement closed loan files to ensure compliance with applicable regulations company policies.
  • Analyze loan conditions to ensure compliance with investor specifications.
  • Conditioned file to obtain missing information and ensure compliance with bond, mortgage banking and city housing programs guidelines and regulations.
  • Prepared and maintained loan documentation for mortgage audits to ensure compliance with federal, government, and state banking regulations.
  • Worked with the DRE to ensure compliance and regulations were adhered to with processing of all loan transactions.
  • Interfaced with multiple external clients and internal reps to ensure compliance with task order requirements is met.
  • Complete credit and appraisal analysis for the loan to ensure compliance with Investor and regulatory requirements.
  • Conducted research and problem solving techniques to ensure compliance with customer loyalty, quality and timeliness standards
  • Maintained throughout knowledge of lender programs, policies and procedures to ensure compliance regulations were met.
  • Reviewed loan conditions to ensure compliance with loan program/product requirements, lender guidelines and company standards.
  • Audited loan files to ensure compliance prior to closing, funding and disbursing home equities.
  • Conduct weekly team huddles as manager proxy to ensure compliance and guidelines are being met.
  • Assessed preliminary title reports, escrow instructions and appraisals to ensure compliance with guidelines.
  • Maintain current knowledge of regulatory and legal guidelines to ensure compliance and quality.
  • Clear stipulations prior to funding and ensure compliance with Government and Company Policy.
  • Prepared need list to loan officer to ensure compliance of documents for underwriting.
  • Review and audit loan origination to ensure compliance with established laws and regulations.
  • Facilitated the implementation of policies and procedures to ensure compliance within the team.

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8. Borrowers

high Demand
Here's how Borrowers is used in Senior Loan Processor jobs:
  • Communicated with borrowers, determined financial objectives, and recommended loan solutions that ensured the achievement of financial objectives.
  • Demonstrated excellent follow-through with borrowers, loan processors, loan originators and Management throughout all phases of the underwriting process
  • Extended responsibilities included initiating and maintaining contact with borrowers to inform them of status and needed documents.
  • Interviewed and analyzed potential borrowers to determine suitable programs and terms to obtain appropriate mortgage financing.
  • Provided excellent customer service in updating borrowers on status of their loans and on documentation required.
  • Call borrowers to review and verify application information; request all necessary credit documents and disclosures.
  • Communicated effectively with borrowers and internal business associates to ensure the highest level of customer service.
  • Worked closely with borrowers to ensure proper and accurate loan documentation was received for underwriting review.
  • Ensured accurate and timely loan processing through efficient compilation of borrowers information and loan document verification.
  • Corresponded with borrowers on loan status and make request for additional information to satisfy decisions.
  • Managed pipeline closely updating notes and loans submissions status while keeping open communication with borrowers.
  • Provided credit counseling and credit repair services to borrowers needing assistance with loan qualification.
  • Ensured borrowers that all documents and overall process are confidential and handled ethically.
  • Send out modification documents to borrowers and ensure timely receipt of requested documents.
  • Maintained direct and close communication with borrowers to assist with loan modification application.
  • Gathered all documentation from borrowers to expedite complete hard copy submission files.
  • Verified borrowers financial data for accuracy prior to submit to underwriting department.
  • Review all required loan disclosures with borrowers and gather required loan documentation.
  • Maintain writing status with borrowers regarding outstanding items and/or approval conditions.
  • Provide borrowers/clients with superior service to get positive customer surveys.

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9. Credit Reports

high Demand
Here's how Credit Reports is used in Senior Loan Processor jobs:
  • Entered all loan documentation, analyzed credit reports, and utilized automated systems for approvals.
  • Analyzed credit documents including mortgage applications, credit reports, income documents and appraisals.
  • Analyzed asset statements, income documentation and credit reports for accuracy and completeness.
  • Ordered verification of employment, verification of deposits, appraisals and credit reports.
  • Reviewed credit reports, analyzed income documents and asset statements for credit worthiness.
  • Request applicant credit reports, appraisal and other information pertinent to applicants evaluation.
  • Scrutinized and evaluated clients credit reports made decisions and recommendations based on information.
  • Originated/processed loans within a fast-paced environment; reviewed appraisal and credit reports.
  • Reviewed and analyze credit reports and borrowers eligibility according to guidelines.
  • Reviewed credit reports and appraisals to determine qualifying loan-to-value ratios.
  • Analyzed credit reports and income documentation to determine credit worthiness.
  • Ordered credit reports and prepared documentation to facilitate underwriting.
  • Order escrow, title, review credit reports, clear titles, constant contact between customer, escrow, and title.
  • Prepare all documentation necessary including title, appraisals, trusts, liens, payoffs, and credit reports for processing loans.
  • Review loan-related documents, including financial statements, tax returns, credit reports, appraisals, title insurance and tax certificate.
  • Reviewed credit reports, employment histories, property appraisals and the title insurance information to prepare loan application for underwriting review.
  • Enter loan applications on Calyx Point, ordered and reviewed credit reports, appraisals, title work, insurance, etc.
  • Ordered credit reports, generated closing documents for execution, funded loans, booked new loans on core banking system.
  • Analyzed and qualified borrowers mortgage rating with credit reports, incomes, and properties values according to investors Underwriting Guidelines.
  • Originated all files in Contour; opened escrow and title, ordered credit reports, and submitted files to lenders.

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10. Customer Service

high Demand
Here's how Customer Service is used in Senior Loan Processor jobs:
  • Maintained production according to established standards; provided customer service and retained knowledge of company's automated systems for loan processing.
  • Managed a portfolio of premier customers by establishing solid relationships founded on reliable support, follow-up and outstanding customer service.
  • Provide excellent customer service by effectively communicating and cooperating with external and internal customers for residential real estate loan transactions.
  • Established new and existing client relationships and demonstrated knowledge of client business through consultation and excellent customer service.
  • Assisted with bringing departmental scores up through excellent customer service offered both to members externally and partners internally.
  • Educated borrowers of documentation needed with the reasoning behind each requirement to provide excellent customer service.
  • Maintained excellent customer service through direct communication with borrower's agents and representatives throughout the transaction.
  • Communicated directly with customers and agents with focus on providing and achieving excellent customer service.
  • Conceived and implemented Estimated Financial Plan on common network to support paperless customer service process.
  • Reviewed and explained settlement statement with borrowers and loan representative also maintained good customer service.
  • Maintained customer service driven environment while adhering to all laws and regulations of loan origination.
  • Provided outstanding customer service and maintained a positive rapport with internal and external entities.
  • Cultivated positive relationships with all internal and external customers resulting in excellent customer service.
  • Utilized customer service skills to communicate file status and additional requested items.
  • Provide sufficient information for an underwriting decision while providing excellent customer service.
  • Achieved and maintain exceptional customer service satisfaction while managing high volume pipeline.
  • Planned and implemented monthly awards based on productivity and customer service results.
  • Provided excellent customer service; proactively identified and resolved potential problems.
  • Received customer service awards for excellent service both internal and external.
  • Provide and maintain superior customer service to ensure full customer satisfaction.

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11. Underwriting Guidelines

high Demand
Here's how Underwriting Guidelines is used in Senior Loan Processor jobs:
  • Developed in-depth knowledge of underwriting guidelines while assisting underwriters in reviewing and signing-off on conditions and program changes.
  • Reviewed and cleared conditions per underwriting guidelines and submitted conditions that need for further underwriting review.
  • Compile and analyze financial information and documents for mortgage applications and confirm compliance with underwriting guidelines.
  • Utilized automated underwriting systems for loan approval while ensuring that all underwriting guidelines were met.
  • Re-priced and restructured loans when required; utilized rate sheet and implemented underwriting guidelines.
  • Reviewed documentation and provided conditions for loan approvals needed to comply with underwriting guidelines.
  • Performed loan underwriting submission preparation and information collection and interpretation as per underwriting guidelines.
  • Documented each loan specifically to meet investor underwriting guidelines per loan type.
  • Assisted brokers with Portfolio and Salable Product information and company Underwriting Guidelines.
  • Work within federal underwriting guidelines to complete mortgage processing and modifications.
  • Examine document to ensure accuracy and compliance with existing underwriting guidelines.
  • Apply internal underwriting guidelines, investor requirements, and federal regulations.
  • Analyzed income and credit documentation to determine compliance with underwriting guidelines.
  • Tracked development of information to ensure compliance with underwriting guidelines.
  • Applied underwriting guidelines to ensure regulatory compliance and delegated each.
  • Assisted in the creation and modification of general underwriting guidelines.
  • Analyze preliminary title report for conformance to underwriting guidelines.
  • Review appraisal report to ensure collateral met underwriting guidelines.
  • Maintained thorough knowledge of marketing programs and underwriting guidelines.
  • Certified all case information using established underwriting guidelines.

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12. Escrow

high Demand
Here's how Escrow is used in Senior Loan Processor jobs:
  • Maintained a Pipeline of 150+ Loans-Completed Customer Applications-Verified Customer Information Scheduled Appraisals-Submitted Complete Applications to Underwriting- Met all Deadlines-Ordered Prelims-Opened Escrow
  • Interacted with Underwriter/Closer/Escrow to resolve file discrepancies and as necessary, provide required documentation.
  • Verified all signed loan and escrow documents are signed and notarized accurately.
  • Executed escrow responsibilities for refinance loans.
  • Obtained preliminary closing statement from escrow.
  • Communicate with Loan Officers/Borrowers/Lender/Escrow/Title Co.
  • Opened Escrow/Title Reports/Appraisals/Performed Notary Services.
  • Communicated with Credit Bureaus, Escrow, Title, Appraisers and Lenders to clear conditions for a professional and timely closing.
  • Prioritize and monitor daily pipeline in order to ensure all loans are being worked on in accordance close of escrow dates.
  • Worked closely with title and escrow companies, appraisers and credit bureaus to close loans as quickly and smoothly as possible.
  • Communicate and build a Customer Service relationship with the borrower and the Loan Officers, Settlement Agent, Escrow Officer's.
  • Researched and resolved simple to complex issues regarding titles, escrow, income qualification, document verification, and customer inquiries.
  • Request prior to doc and prior to funding conditions from escrow, title, appraiser, loan agent and/or borrower.
  • Maintained positive relationships with all assigned branches, investors, escrow, title, borrowers, and other industry-related contacts.
  • Maintained a close relationship with Escrow, Title agents, real estate agents, loan officers, underwriters and borrowers.
  • Coordinated closings with borrowers, lenders, Loan Officers/Real Estate Agents, title and escrow companies from start to completion.
  • Maintained complete and accurate correspondence with all applicable vendors throughout loan process, including escrow, title and appraisal companies.
  • Research tax insurance and escrow issues, communicating payment status and reviewing payment history, responding to loan status request.
  • Worked in conjunction with loan officers, escrow companies, underwriters, and appraisal management companies to successfully close loans.
  • Make primary contact with borrower(s), lenders, agents, appraisers, escrow companies and account representatives.

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13. Lenders

high Demand
Here's how Lenders is used in Senior Loan Processor jobs:
  • Received loans originated by multiple loan officers, gathered all necessary documentation and submitted complete underwriting packages to lenders.
  • Process Mortgage Loans Gather necessary documentation from clients for Lenders Proofing all documentation prior to loan closing
  • Facilitated loan funding process by collecting required documentation from borrowers and submitting it to lenders.
  • Established and maintained business to business relationships and worked directly with designated Brokerages and Lenders.
  • Determined eligibility for each borrower's mortgage programs with different lenders and investors guidelines.
  • Determined appropriate lenders and product pricing based upon loan programs and borrower eligibility.
  • Prepared Commitments for title insurance to lenders in order to facilitate lending determinations.
  • Utilized effectively verbal and written communication skills in dealing with customers and lenders.
  • Gathered necessary documentation to submit complete loan packages to lenders for underwriting.
  • Facilitated information to lenders in obtaining approvals and clearing conditions of closing.
  • Established relationships with institutional investors, as well as Wholesale Lenders.
  • Perform credit analysis and loan submission to underwriter/lenders various loan types.
  • Processed sub-prime products for credit challenged borrowers using hard moneylenders.
  • Processed subordination packages in-house and with outside lenders.
  • Worked without supervision directly with Correspondent Lenders.
  • Submitted loans to lenders, satisfied condition necessary to ensure approval, ensured accuracy of loan documents, and successful funding.
  • Followed up with lenders for updates on the completion of consolidation, program change or annual certification of repayment plan.
  • Communicated with borrowers and lenders to obtain required documentation, resolve customer issues and questions, and clear any discrepancies.
  • Prepared recordings and sent out with the recorders, Prepared and oversaw final title policies and mailed out to lenders.
  • Assisted in maintaining viable relationships with all lenders and third party vendor clients to insure all parties maintained set expectations.

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14. Du/LP

high Demand
Here's how Du/LP is used in Senior Loan Processor jobs:
  • Executed additional responsibilities, such as performing DU/LP to obtain conditional approval.
  • Based on DU/LP finds from the initial submission, I process the loan in Encompass.
  • Processed and obtained initial loan approval through DU/LP (Desktop Underwriting and Loan Prospector).
  • Submit all eligible files through DU/LP for automated approval prior to submitting to underwriting.
  • Pre-Qualified loans for Investors approval through copy packages and or DU/LP originating systems.
  • Demonstrated proficiency in DU/LP systems, Encompass, and the FHA Connection.
  • Underwrite first and second mortgage loans according to appropriate guidelines using DU/LP.
  • Managed FHA Case number, Flood Certification, and DU/LP findings process.
  • Obtained DU/LP/CLOUT certifications to underwrite conforming loan products and 2nd mortgages.
  • Entered and updated loan application into DU/LP and loan origination software.
  • Review DU/LP; calculate income, and review title and appraisal.
  • Input files through applicable automated engine (DU/LP/CTX/Local Broker).
  • Submit loans to DU/LP for preliminary finding and loan approval.
  • Verify and document all DU/LP and Clout requirements and resubmit.
  • Run all required programs to get loan approved DU/LP/Zippy/CLOUT.
  • Run all information through DU/LP to get an approval.
  • Reviewed automated findings (DU/LP and Clues).
  • Experienced in DU/LP submissions and underwriting criteria.
  • Upload and submit file into DU/LP/FHA Connect.
  • Skilled in FannieMae DU/LP loan approval database.

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15. Real Estate

average Demand
Here's how Real Estate is used in Senior Loan Processor jobs:
  • Assisted upper management with training and development of loan processors and cross-trained co-workers to facilitate real estate transactions.
  • Verify all pertinent information necessary to submit residential real estate loan packages to our Underwriting Department.
  • Processed residential real estate transactions between buyers and sellers and refinancing of existing mortgages.
  • Originate loans and offer real estate services including Property Management.
  • Review real estate loan packages for completeness and required documentation.
  • Review commercial real estate loan documentation and collateral audit.
  • Processed and originated residential real estate loans.
  • Achieved Licensed Real Estate Assistant designation
  • Work with Loan Officer, Real Estate Agent, Escrow and Closing Department to obtain documents to ensure closing and funding.
  • Process Conventional and Sub-Prime loans and Real Estate Escrows along with scheduling inspections and maintain schedules to ensure a successful close.
  • Developed marketing campaign projects for home builders; targeting first time home buyers helping Real Estate selling agents with open Houses.
  • Order real estate title work, homeowner & flood insurance, appraisals, pest inspection, well test and septic certification.
  • Reviewed real estate loan documentation upon receipt of vendor documents such as appraisals, title policies, pest inspections and surveys.
  • Collaborate with state marketing manager to make sure customers are up to date on real estate tools offered by the company.
  • Networked and partnered with real estate and lending professionals in niche markets which resulted in a streamlined process for clients.
  • Received and Review Real Estate Loan Submissions and or Consumer Loans given to us by Brokers or Retail Loan Officer.
  • Have a thorough knowledge of first mortgage real estate lending practices, including Federal regulatory requirements, and state requirements.
  • Process all residential purchase and refinance transactions for all real estate loan types Conventional, FHA, and VA loans.
  • Ensured bank liens were properly filed at both the state and county levels on real estate and personal property collateral.
  • Negotiated real estate loan amounts, rates, pricing, and ensuring all available financing is presented to the client.

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16. Usda

average Demand
Here's how Usda is used in Senior Loan Processor jobs:
  • Order and review all FHA Connection and VA Portal task, USDA, Reverse and Conventional loans and guidelines.
  • Worked with assigned loan officers on all new files originated which included USDA, Conventional, DPA and NSP.
  • Maintain loan pipeline of 45+ loans (FHA/VA/USDA/CONV Refinance and Purchase, FHA/VA Streamline) exceeding company turn times.
  • Possessed knowledge of Conventional, VA, FHA, and USDA - Refinance & Purchasing Streamlines loan products.
  • Processed Conventional, FHA/FHA Rehabilitation, VA, Oregon Bond, USDA, ODVA, and Reverse Mortgages
  • Performed all phases of processing Conventional, FHA, VA, USDA and BOND mortgage loans.
  • Opened and processed residential mortgage loans, including conventional, USDA, NC Housing and FHA.
  • Processed all types of mortgage loans, Conventional, FHA, VA, USDA government loans.
  • Processed New Construction Purchases: USDA, FHA 203B and Bond, VA and Conventional loans.
  • Find programs loans fit in package loan to include FHA/VA/USDA/Conventional/End Loans coming out of Constructions.
  • Order additional documentation according to loan program (Conventional, FHA, VA and USDA)
  • Maintained an average pipeline of 25-45 Conventional, VA, FHA, USDA loans.
  • Process and Underwrite Conventional, FHA and USDA mortgages adhering to automated guidelines/findings.
  • Gathered extensive knowledge in government processing FHA, VA, USDA loans.
  • Processed USDA, FHA 203b, VA and Conventional purchase and refinances.
  • Experienced processing FHA, VA, and Conventional and USDA mortgage products.
  • Process VA/FHA/Conventional/USDA/TX Vet loans for MHI builder account.
  • Processed all conventional, FHA/VA and USDA files.
  • Process FHA/VA/USDA purchase and refinance loan packages.
  • Process FHA/VA/USDA/CONV purchase and refinance loans.

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17. Hud-1

average Demand
Here's how Hud-1 is used in Senior Loan Processor jobs:
  • Reviewed final HUD-1 with clients, prior to closing, to answer any questions or concerns before going to closing table.
  • Evaluate title commitments/binders, Homeowner/Flood Insurance, survey, tax information and HUD-1's to ensure closing requirements are satisfied.
  • Review and clear funding conditions, verify the accuracy of the HUD-1 for section 32 violations & Homeowners Insurance.
  • Finalize all loan documentation prior to settlement to ascertain that all charges are accurate on the final HUD-1.
  • Reviewed all HUD-1's with borrowers prior to loan closings to ensure accurate figures before scheduling closings.
  • Processed short sale files; required documents including HUD-1, Purchase contract, and Listing agreements.
  • Prepare and review HUD-1 aid in cure deficiencies, and assist in resolving issues at closing.
  • Prepared preliminary HUD-1 and updates when changes are necessary at, or before, settlement.
  • Researched and reviewed income, HUD-1, credit, employment, appraisals and property information.
  • Reviewed HUD-1 Settlement statement prior to closing for proper fees, credits and POC expenses.
  • Prepare closing instructions and fee update HUD-1 statements for accuracy prior to moving to close.
  • Review all Final Hud-1 and disclosure with GFE and send for correction to closing agents.
  • Complete Closing Cost Worksheets to ensure accuracy of fees and charges per Prelim Hud-1.
  • Review Hud-1 for accuracy; verify proper fees with loan officers and escrow.
  • Book and balance loans, reconcile HUD-1 to prepare the loans for servicing.
  • Coordinated closings with borrower, builders, closing department and reviewed HUD-1.
  • Review UCC searches, title reports, HUD-1, and entity documents.
  • Review Hud-1 and answer all questions about closing cost and closing funds.
  • Scheduled closing, ordered closing packages, and reviewed HUD-1s for accuracy.
  • Review HUD-1 Statement Settlement with borrowers prior to signing closing documents.

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18. Income Tax Returns

average Demand
Here's how Income Tax Returns is used in Senior Loan Processor jobs:
  • Analyzed personal income tax returns for self-employed borrowers.
  • Evaluated and analyzed income tax returns to establish qualifying income.
  • Prepared individual and fiduciary income tax returns for estates and trusts.
  • Requested documents, such as income tax returns, bank account numbers, purchase agreement, property description, for verification.
  • Verified all documentation provided by the applicants through pay stubs, income tax returns, bank accounts and other documentation.
  • Analyze credit data and income tax returns to determine the degree of risk involved in extending credit or lending money.

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19. Fannie MAE

average Demand
Here's how Fannie MAE is used in Senior Loan Processor jobs:
  • Delivered Fannie Mae information internally to Accounting and Loan Servicing Departments.
  • Prepared loan documentation and information to Freddie Mac and Fannie Mae for loan qualifications, in accordance with all applicable guidelines.
  • Audit loans to make sure they meet the requirements and guidelines that are set forth by Fannie Mae and Freddie Mac.
  • Assist over twelve loan officers by gathering documentation required by Fannie Mae or Freddie Mac allowing them to meet closing dates.
  • Managed and processed a pipeline of 50+ mortgage loans for Fannie Mae, Freddie Mac, FHA and non-prime products.
  • Initial underwriting and processing of loans according to Fannie Mae, FHA, & VA guidelines throughout the US.
  • Played key role in delivering in excess of $500M in loan packages to Fannie Mae and Freddie Mac.
  • Validated residential loans to ensure they were submitted under correct loan program and guidelines in Fannie Mae/Freddie Mac DU/DO/LP.
  • Submit loans through Freddie Mac and Fannie Mae's automated systems and assembled loan packages for submission to underwriters.
  • Managed high volume of processing loans of 50plus loans for multiple portfolios included Fannie Mae and Freddie Mac.
  • Process conditionally approved Fannie Mae/Freddie Mac loans for (HARP) Home Affordable Refinance Program for NationStar Mortgage.
  • Ensured that all loans completed by my team complied with Fannie Mae, Freddie Mac and FHA guidelines.
  • Experienced using various automated underwriting systems including; Fannie Mae, Freddie Mac, RFC, and Countrywide.
  • Specialized in conventional, FHA, VA home loans through online Fannie Mae and Freddie Mac automated systems.
  • Maintained a pipeline of 20-50 loans for Fannie Mae and Freddie Mac Super Streamline Home Affordable Refinance Program.
  • Validate loan information entered by loan officer and confirm loan program conforms to Fannie Mae and company guidelines.
  • Processed mortgages for 15 loan officers based on Fannie Mae, Freddie Mac, VA and FHA guidelines
  • Gained extensive experience in underwriting commercial, lot loans, FHA, VA and Fannie Mae loans.
  • Submitted and closed files per Hardship guidelines, per Fannie Mae, Freddie Mac and Private Investors.
  • Priced and underwrote loans to Fannie Mae and Freddie Mac by using Desktop Underwriter and Loan Prospector.

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20. Data Entry

average Demand
Here's how Data Entry is used in Senior Loan Processor jobs:
  • Preformed initial data entry, reviewed applications for completeness and accuracy, and organized files for final closings.
  • Reviewed medical provider applications for data entry accuracy; returned for corrections to errors as needed.
  • Processed incoming information from tax agencies and prepared information for data entry process.
  • Performed all data entry tasks associated with MortgageBuilder and MortgageWare software.
  • Confirm customer checks/document information onto data entry terminal.
  • Maintained data entry on several inventory systems.
  • Contract loan processor responsible for various duties and functions but not limited to loan processing, and loan data entry.
  • Assisted in the data entry for all loans, followed up on any leads to complete a mortgage application.
  • Worked with a variety of accounts in processing payments, imaging checks, creating reports and performing data entry.
  • Reviewed and analyzed data problems and suggested changes to data entry procedures in order to minimize data reporting errors.
  • Advanced from a data entry position to a Senior Loan Processor (Loan Coordinator III) within two years.
  • Make outbound courtesy calls to policy holders for final audit purposes and make data entry in collection system.
  • Verified transactions comply with financial policies and procedure and prepared batches of invoices for data entry.
  • Utilized data entry skills while navigating multiple websites to upload loan file and subsequent documentation.
  • Uploaded Federal documents into various software Data Entry was a main component in this role.
  • Performed data entry in multiple programs when any part of a loan structure may change.
  • Complete policy typist and data entry processor for over 30 offices, including fee attorneys.
  • Reconciled daily data entry reports totaling $100K to $1M with daily bank deposits.
  • Pulled credit, data entry as well as set up appointments for loan closing.
  • Document Control, Data Entry, Client calls in High Stress Scenarios are priority.

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21. Financial Statements

average Demand
Here's how Financial Statements is used in Senior Loan Processor jobs:
  • Reviewed of financial statements, credit reports, applicable ratios and other supporting documentation acceptability and customer contact.
  • Examined detailed historical data and projected financial analysis utilizing income, tax returns and financial statements.
  • Gathered required documentation and analyzed financial statements to determine approval or denial of loan requests.
  • Analyzed/verified financial documents, bank documents and financial statements of potential borrowers.
  • Perform mortgage credit analysis of borrower and project financial statements as required.
  • Processed & maintained all files including filing incoming financial statements and documentation.
  • Analyzed various types of financial statements as applicable to principles of credit analysis
  • Analyze credit and financial statements to determine eligibility to program guidelines.
  • Reviewed financial statements and analyzed credit bureau reports.
  • Analyzed financial statements, production reports, tax returns, and credit documentation for accuracy and compliance for investor guidelines.
  • Analyzed & verified financial documents, appraisal, title insurance and financial statements of potential borrowers.
  • Analyzed and reviewed financial statements, tax returns, appraisals and title insurance.
  • Reviewed all financial statements, credit report, appraisal and title work.
  • Analyzed credit, financial statements, and appraisals.
  • Review contracts and analyze customer's financial statements.
  • Analyzed monthly balance sheet accounts for corporate reporting Generated financial statements and facilitated account closing procedures each month.
  • Review Purchase Contracts, financial statements, income documents, applicable ratios (i.e.
  • Reviewed and verified allborrowers loan documents; including employment, financial statements, appraisals and title insuranceinformation to ensure timely underwriting.
  • Credit Analyist Analyzed credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
  • Reviewed financial statements, HUD statements, credit reports, Managed 5 - 6 processors Responsible for ordering FHA case numbers,

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22. Freddie Mac

average Demand
Here's how Freddie Mac is used in Senior Loan Processor jobs:
  • Maintained a strong working knowledge of financial procedures in accordance with Fannie and Freddie Mac.
  • Processed Non-Conforming and conforming loans using FNMA, FREDDIE MAC and bank guidelines.
  • Verify all parties are not listed on Freddie Mac Exclusionary list.
  • Trained loan officers with FNMA, Freddie Mac, Alt-A, FHA & Reverse procedures.
  • Familiarized with Fannie, Freddie Mac, FHA and VA loans.
  • Maintained high level knowledge of Freddie Mac Seller servicer guide.

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23. Respa

average Demand
Here's how Respa is used in Senior Loan Processor jobs:
  • Provided follow-up on post-closing issues and investor conditions and performed loan declination/cancellations per RESPA.
  • Ensured all RESPA disclosures have been generated accurately and delivered as required.
  • Complete daily compliance reports, track all loan applications and make sure all RESPA docs are mailed to be in compliance.
  • Prepare Initial Disclosure documents (RESPA & early Loan Estimates), Closing Disclosures and closing packages for consumer construction loans.
  • Performed due diligence throughout the loan process to ensure loans met RESPA, HOEPA, TILA and all other applicable requirements.
  • Submitted file in underwriting for a full written approval, added the lender RESPA fees into system prior to submission.
  • Ensured compliance with company policies, bankruptcy and foreclosure guidelines, lending-program requirements, FDCPA, and RESPA guidelines.
  • Followed compliance procedures throughout the loan process to ensure proper RESPA disclosure had been followed throughout the loan process.
  • Maintained a thorough understanding of underwriting policies and procedures, including knowledge of RESPA, T-I-L and investor guidelines.
  • Performed final HUD review, compliance review, GFE, and RESPA guidelines and review documentation for fraud.
  • Prepare system and self-authored written responses, adhering to Chase's business letter-writing guidelines and within RESPA guidelines.
  • Reviewed loans for RESPA Requirements - Reviewed GFE for accuracy along with approval of Final HUD.
  • Worked with underwriters to verify conditions of approval and maintain RESPA and State by state guidelines.
  • Revised final documents to ensure RESPA compliance and each loan followed state and federal requirements.
  • Reviewed all loan documents for full completion with state specific requirements and within RESPA compliance.
  • Trained new hires on RESPA 2010 and how to set up new submission from Brokers.
  • Assessed FHA loans before insuring; took part in the compliance and RESPA before closing.
  • Process and analyze mortgage loans for compliance with TILA, RESPA and State regulations.
  • Audited state RESPA requirements and worked with loan officers to insure quality and accuracy.
  • Received applications into processing for producing and mailing out Federal RESPA documents or withdraw.

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24. Calyx

average Demand
Here's how Calyx is used in Senior Loan Processor jobs:
  • Verified and examined information for accuracy of Loan Application using Calyx Point.
  • Compiled, verified and unloaded application information to Calyx system.
  • Created several documents for staff/Calyx software for easier processing.
  • Assemble all required documentation for processing and underwriting on each transaction, and process all data into Calyx point software.
  • Utilized Calyx Point, DU and LP underwriting systems and online pipelines to assist in processing and underwriting a file.
  • Assisted, supervised and monitored multiple teams of loan officers to qualify mortgage loans by using Calyx Point software.
  • Input, update and complete all mortgage applications on Calyx Point Software system so files can be processed.
  • Assumed full accountability in closing 30 to 40 loans per month on the Calyx Point software system.
  • Answered phones, faxed, copied files, Audited files, filing Calyx Point, Genesis,
  • Compile disclosures through Calyx Point as well as complete lender specific disclosures and forms.
  • Received file via email and entered information into Point for Window, Calyx software.
  • Enter Loan information into system via data entry Calyx Point, and Blitz Docs.
  • Requested all payoffs, titles, appraisals and key information into Calyx Point 5.2.
  • Prepared loans for underwriting using Calyx Point, Contour Processing Software & E-Pass.
  • Process loans on Calyx Point & Encompass for submission to lenders and correspondents.
  • Used Encompass360, Calyx Point and Lender's Office loan management programs.
  • Prepared 1003's and files using Calyx to send to various lenders.
  • Administered loan entry in the Calyx/Point loan management and loan application system.
  • Review, organize and input all borrower information into Calyx/Point system.
  • Opened files using various LOS systems including Genesis and Calyx.

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25. Company Policies

average Demand
Here's how Company Policies is used in Senior Loan Processor jobs:
  • Maintain professional image and standards consistent with company policies and procedures.
  • Reviewed completed loan application to assure all company policies/procedures were met.
  • Managed the call center floor in the absence of the team lead and ensured that agents were not violating company policies.
  • Ensured that all loan documentation is complete, accurate, verified, and complies with company policies and guidelines.
  • Reviewed loan files to insure compliance with all state and federal lending regulations and company policies and procedures.
  • Organized, trained, and guided several dozen employees in company policies, procedures, and Fraud prevention.
  • Monitored regulatory compliance and of company policies and procedures by reviewing all disclosures sent by loan set-up.
  • Performed loan documentation duties to ensure that loan packages complied with company policies and government regulations.
  • Monitored activities to guarantee compliance with company policies, guidelines, and loan program requirements.
  • Trained new hires on loan processing procedures and performance tracking as well as company policies.
  • Processed conventional, FHA & VA loans in accordance with company policies and procedures.
  • Perform quarterly reviews of loans processed to verify completion and compliance with company policies.
  • Comply with state, federal and company policies related to GAAP regulations.
  • Review Loan Disclosures for assurance of compliance with Federal and Company policies.
  • Insured all procedures are in compliance with government regulations and company policies.
  • Processed loans in accordance with company policies, procedures and guidelines.
  • Maintained a large pipeline under company policies and standards.
  • Worked to solve escalated issues and help meet customer needs with warranty compliance while maintaining company policies and guidelines.
  • Assisted in training loan advisors, and branch manger on company policies and procedures.
  • Processed for seven loan officers Processed FHA and conventional loans Conducted pre-audits to ensure company policies and procedures were maintained

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26. Jumbo

average Demand
Here's how Jumbo is used in Senior Loan Processor jobs:
  • Named as delegated underwriter by several correspondent investors for Jumbo and Conforming credit and collateral files
  • Processed conventional and jumbo loans to investor guidelines.
  • Manage pipeline; FHA/VA/Conforming/Non-conforming/Jumbo/203B and much more...
  • Process conventional, FHA, & Jumbo loans start to finish from initial submission, drawing docs, & funding.!
  • Maintained and processed a pipeline of 100+ jumbo loans by gathering and reviewing documentation required by underwriting to successfully close loan.
  • Processed FHA, VA, Bond, USDA and Jumbo loans initially approved by an Underwriter or an automated decision system.
  • Process complex loan files for the following: FHA, VA, Conventional Conforming, High Balance, and Jumbo.
  • Prepare and processed complete mortgage packages for initial Underwriter approval of Conventional, Jumbo, FHA and VA loans.
  • Analyzed, reviewed, and processed super-jumbo loan requests that were reviewed by the executive team for portfolio decision.
  • Processed Conventional, Alt-A, Jumbo, FHA and VA loans with a monthly closed loans average of 35-50.
  • Process Broker and correspondent mortgage loans including conventional, High Balance, Jumbo and FHA and VA loans.
  • Process and close FHA, VA, Conventional, Jumbo, Sub Prime refinance and purchase loans.
  • Underwrite conventional, Jumbo, VA and FHA loans, ensuring they meet company and investor guidelines.
  • Process, place and underwrite Conventional, FHA, VA, Alt-A, Jumbo and Commercial loans.
  • Processed Conforming, non-conforming, ALT-A, Jumbo, purchases (including lot loans) and refinances.
  • Process home loans: FHA, Conventional, Jumbo and VA, locked in interest rates.
  • Processed a wide array of loans, including Conventional, FHA, VA and Jumbo Loans.
  • Trained Processors and Front Office Administrators in Conventional, FHA, Jumbo and HECM Loan Products.
  • Processed broker and correspondent files for all loan types including conventional, jumbo and construction loans.
  • Processed Conventional, Jumbo, FHA, VA and USDA loans for selected Loan officers.

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27. AUS

average Demand
Here's how AUS is used in Senior Loan Processor jobs:
  • Gathered required information to submit loans to underwriting based on automated underwriting decision (AUS) and company guidelines.
  • Mitigated data vulnerabilities by effectively investigating and identifying the root cause of ineligible erroneous client information.
  • Evaluated AUS or other automated underwriting findings and request required documentation from borrower.
  • Determined root cause and resolved inquiries within aggressive service level agreements.
  • Identify possible causes of variation/ failure/ under performance for Manufacturing.
  • Confirmed appraisal reports and revised hazard insurance mortgagee clause.
  • Review AUS findings and obtained necessary documentation.
  • Ordered and reviewed all necessary AUS, appraisal and title documentation, as well as all required credit and underwriting documentation.
  • Analyze AUS/GUS findings, Regulations, and Guidelines to request and produce all documentation and information required to complete credit application.
  • Clear any conditions issued that could cause the loan to become declined if not cleared after initial review from underwriting.
  • Collected all documents needed depending on the AUS Findings report in addition to documents in the underwriting condition list.
  • Managed front end vendors and AUS accounts, including researching and signing new vendors to expand loan portfolio products.
  • Worked as a processing lead heading all Automated Underwriting System (AUS) applications for DO/DU approvals and pricing.
  • Validated AUS approved loans and run online submissions through DU, LP, and other lender-specific automated underwriting systems.
  • Verify member's employment, request homeowner's insurance and verify proper mortgagee clause and adequate coverage amount.
  • Order Docs as well as insurance Binder with correct e-clause as well as call client and schedule signing.
  • Investigated all available sources of credit and financial information including reporting services, credit bureaus and agencies.
  • Obtain CSC updates, Home Owners Insurance/Flood Insurance/Blanket policy for Condo's and requested updated mortgagee clauses.
  • Specialized in City of Austin Down Payment Assistance and Mortgage Credit Certificate (city and state).
  • Obtained and evaluated a minimum of 40 credit bureaus per day, ensuring completeness, and validity.

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28. Desktop Underwriter

average Demand
Here's how Desktop Underwriter is used in Senior Loan Processor jobs:
  • Certified Desktop Underwriter, this was an ability to underwrite my own certain qualified files.
  • Processed loan decisions under Desktop Underwriter (DU) and Loan Prospector systems.
  • Processed loans by using Loan Prospector and Desktop Underwriter system.
  • Processed per FNMA guidelines via Desktop Underwriter.
  • Experience with Desktop Underwriter and Loan Prospector.
  • Run Desktop Underwriter (DU) or Loan Prospector (LP).
  • Pre-approved borrowers using Desktop Underwriter, Asset Wise, or CLOUT.
  • Reviewed and cleared title Underwriter Associate Ran loans through Loan Prospector and Desktop Underwriter system.

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29. Necessary Documents

low Demand
Here's how Necessary Documents is used in Senior Loan Processor jobs:
  • Gathered necessary documents to process loans and analyze credit, capacity and collateral to investor requirements.
  • Assisted brokers in collecting necessary documents for final approval scheduled and prepared closing package.
  • Calculated income, verified application, ordered necessary documents for the approval process.
  • Cleared conditions, requested and provided necessary documents and information to underwriter.
  • Ordered appraisals and necessary documents to submit to underwriting for final approval.
  • Retrieve all necessary documents from applicant to obtain necessary loan conditions.
  • Ordered necessary documents and appraisals, reviewed appraisals with underwriters.
  • Review applications for completeness of all necessary documents.
  • Collect all necessary documents needed for underwriting.
  • Manage others to obtain necessary documents.
  • Completed 1003 and obtained all necessary documents necessary to begin loan process to include ordering all key submission items.
  • Gather necessary documents to submit loan to Underwriting for approval and prepare file to forward to closing department.
  • Interacted with a variety of loan personnel and borrowers to obtain all necessary documents to close the loan.
  • Review the loan file to make certain that all off the necessary documents are in the files.
  • Obtain and upload all necessary documents for attorney review of Fair Debt Letter/Breach and Publication to Sale.
  • Review and clear funding conditions, verify the accuracy of the files for necessary documents.
  • Collected, scanned and uploaded all necessary documents needed for a loan submission.
  • Work with Supervisor and Attorneys to file all the necessary documents.
  • Collected all necessary documents for the purpose of processing the loan.
  • Maintained and monitored all files to ensure receipt of necessary documents.

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30. Final Approval

low Demand
Here's how Final Approval is used in Senior Loan Processor jobs:
  • Worked closely with appraisers, creditors and internal associates to resolve any conditions that could adversely affect final approval consideration.
  • Worked closely with Loan Officers and Borrowers to obtain necessary documentation for final approval and ultimately closing of loans.
  • Clear underwriting conditions and submit files to underwriting for final approval and validation.
  • Gathered conditions requested on conditional approval and submitted to lender for final approval.
  • Make administrative underwriting decisions prior to all loans submitted for final approval.
  • Acquired proficiency in securing final approval from Underwriting followed by timely closings.
  • Ensured final approval met all requirements, including debt-to-income and loan-to-value ratios.
  • Completed underwriting for my pipeline for initial and final approval.
  • Review underwriting requests; submit requested documents for final approval.
  • Submitted loan application to underwriting for review and final approval.
  • Reviewed underwriter conditions and re-submitted to underwriting for final approval.
  • Submitted files to underwriting for final approval if necessary.
  • Resolved all underwriting conditions for final approval.
  • Request closing documents after final approval.
  • Prepared loans for final approval/funding.
  • Processed, collected documentation and submitted loans for final approval, if not able to approve under Point of Sale criteria.
  • Proofread all material prior to final approval of loan docs for borrower to sign and reviewed appraisal and prelim title reports.
  • Secured loan conditions for credit and final approval of residential first mortgages, closing an average of 25 loans monthly.
  • Work with all necessary third parties to obtain documentation required for final approval, coordinate and schedule the closing.
  • Emphasized the importance of the Loan Specialist position in terms of compensation and importance to the final approval process.

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31. Fnma

low Demand
Here's how Fnma is used in Senior Loan Processor jobs:
  • Underwrite loans to National Mortgage Association Guidelines and Underwriting is done manually and though FNMA DU and FNMA LP.
  • Complied with all regulatory requirements for Conventional, FHA, VA, FNMA full document loan processing.
  • Possessed knowledge of FNMA, FHMLC and VA guidelines and processed all loans as assigned.
  • Reviewed mortgage credit information per guidelines for FNMA, FHMLC, FHA and VA loans.
  • Generated investor reports and projected foreclosure sale forecasts based on FNMA and USFN guidelines.
  • Maintained guidelines on loans per FNMA, VA and FHA throughout entire loan process.
  • Processed loans focused on FNMA and ALT-A loan guidelines.
  • Specialized in FNMA, FHA, and Reverse Mortgages.
  • Processed conventional portfolio and FNMA loans.
  • Gained extensive knowledge of FNMA, SONYMA, FHA, and AFS portfolio products.
  • Close HAMP, FNMA and FHA modifications.
  • Scrubbed for loan scenario completeness, checked FNMA/FHA/VAguidelines.

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32. VOE

low Demand
Here's how VOE is used in Senior Loan Processor jobs:
  • Ordered transcripts, title, appraisal, FHA case numbers, VOE's, and any other third party documentation necessary.
  • Verify loan documents including income, credit, VOE, VOM, VOR, appraisal, title insurance and survey.
  • Ordered Appraisals, Title Commitments, Credit, VOE's, mortgage payoffs and Homeowner's Insurance.
  • Obtained all necessary information, including bank statements, VOE's, VOR's and VOM's.
  • Request and approve VOE, VOR, VOM, Payoff letters and loan history documentation.
  • Review title, call for VOE, hazard insurance.
  • Perform VVOE within 10 days of closing.
  • Ordered all services: VOR, VOE, Title, Appraisals, Homeowners, Flood PMI.
  • Order payoffs, rental history's, VOE, HOI, Title's, etc.
  • Worked with applications such as 1003 pages, VOE's, VOB, etc.
  • Perform VOE s, gathered VOR s as well as run Loan Safe reports.
  • Order VOE's and VVOE's.
  • Pay offs, VOE's.
  • Ordered & reviewed Title, credit, assets, vvoe, payoffs, etc to clear Underwriting conditions.
  • Make any necessary voe, hazard and mortgage payoff updates.
  • Obtain 3rd party documents - payoff, appraisal, HOI, VOE etc.
  • Ordered appraisals, title documents, VOEs ect.
  • credit report, VOE, HOI, payoff statement, etc).
  • pay stubs, voe's.
  • Ordered title report, appraisal, Voe, Vor, Vom, tax certifications, IRS 4506-T and survey when needed.

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33. SR

low Demand
Here's how SR is used in Senior Loan Processor jobs:
  • Document any potential issues and/or concerns regarding loan potential fraud/misrepresentation and escalate to compliance and underwriting department.
  • Escalated major and more complex income and collateral/property evaluation conditions to Sr.
  • Documented any potential issue or concerns regarding loan reasonableness or potential fraud/misrepresentation.
  • Examine all supporting documentation for potential fraud or misrepresentation.
  • Analyzed income documents for any misrepresentation or fraud.
  • Worked for a small law firm as a Sr. Loan Processor, processing mortgage modifications and temporary work out plans.
  • Selected as SME on pilot team that transitioned software from PACS to CLOSR, and rolled out onto floor.
  • Trained and supervised loan processors, and preformed preliminary underwriting of all loans prior to final review by Sr.
  • Started out as a loan processor with no experience and promoted to Sr. Loan Processor within 6 months.
  • Act as a key communication point, responsible for limiting decline/incomplete files and coordinating weekly calls with Sr.
  • Conducted and evaluated bid process, ensuring quality goods and services delivery to avoid disruptions to Plant operations.
  • Review for possible misrepresentation, omissions, inaccuracies and ordering title, appraisal, insurance, etc.
  • Worked with Sr. underwriters to get loans approved or declined as quickly as possible.
  • Worked as Sr. Loan Processor and Office Manager for AlliedMortgage/1st Alliance Home Mortgage.
  • Managed and served as a Sr. Loan Processor for Home Dream Loans.
  • Send completed file to SR underwriter for validation and final approval.
  • Demonstrated successful processing skills to earn a promotion to Sr.
  • Hired to analyze data and provide consultative advice to Sr.
  • Research loan programs and price loans for Sr. Loan Officers.
  • Designed and implement status reporting spreadsheets (SRS).

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34. Tax Certificates

low Demand
Here's how Tax Certificates is used in Senior Loan Processor jobs:
  • Review loan-related documents, including automated approvals, title insurance, flood and tax certificates and submit these documents to Underwriting.
  • Ordered preliminary title insurance, flood and tax certificates, and reviewed upon receipt if any additional action should be taken.
  • Reviewed loan applications, bank statements, verified employment and calculated income, also ordered flood certifications, tax certificates.
  • Reviewed Title Commitments, FEMA standard determination, tax certificates, surveys, and appraisals for complete underwriting approval.
  • Ordered and validated titles, appraisals, credit supplements, flood and homeowner's insurance, tax certificates.
  • Order and review title, insurance, appraisals, loan payoffs, floor and tax certificates for accuracy.
  • Reviewed title insurance, flood, tax certificates, and surveys to verify that they met CHASE guidelines.
  • Ordered and reviewed third party reports including credit reports, title insurance, and flood and tax certificates.
  • Review income documents, title insurance, flood and tax certificates for accuracy and ensure meet Chase guidelines.
  • Analyze title insurance, flood, tax certificates, and surveys to ensure they meet Chase guidelines.
  • Review title, homeowner's insurance policy, flood policy, tax certificates, and surveys.
  • Order title insurance, flood and tax certificates and surveys, reviewing for problems upon receipt.
  • Review title insurance, tax certificates, and surveys to ensure they meet U.S. Bank guidelines.
  • Review loan related docs, including title insurance, flood and tax certificates and surveys.
  • Request Title Insurance, Flood and Tax Certificates, Tax Transcripts and Appraisals as needed.
  • Review flood certificates, tax certificates and surveys, noting all issue's upon receipt.
  • Reviewed title insurance, flood and tax certificates, surveys and submitted documents to Underwriting.
  • Review loan-related documents, including title insurance, flood and tax certificates and surveys.
  • Procured title insurance, flood, tax certificates and surveys.
  • Issued proper disclosures as required by Federal Regulatory Compliance Ordered Title Insurance, Flood and Tax Certificates insuring accuracy upon receipt.

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35. Additional Documentation

low Demand
Here's how Additional Documentation is used in Senior Loan Processor jobs:
  • Obtained and reviewed documents for acceptability against loan conditions, brokers, account executives and underwriting to obtain additional documentation.
  • Review all documentation and request additional documentation when necessary to submit a clean loan file.
  • Review loan documentation to satisfy conditions and coordinate all parties to obtain additional documentation.
  • Reviewed files with loan officer and obtained additional documentation as needed for underwriter review.
  • Received loan approval commitment, requested any additional documentation from Loan Officer or borrower.
  • Request any missing or additional documentation needed to prepare file for underwriting.
  • Contacted necessary vendors to obtain any additional documentation required by investor.
  • Request any additional documentation needed to complete loan approval process.
  • Obtain additional documentation requested from underwriter after their review.
  • Contacted borrowers to request additional documentation when needed.
  • Requested additional documentation from applicants as required.
  • Review documents for acceptability against loan conditions, and coordinate with all parties to obtain additional documentation with the Loan Officer.
  • Uploaded the loan docs to the appropriate loan file in Meridian Link and notified the processors if additional documentation was required.
  • Reviewed all supporting documents to ensure they met loan conditions and coordinated with all parties to obtain additional documentation.
  • Work closely with Loan Officers and coordinate with all parties to obtain additional documentation.
  • Obtain additional documentation needed from all sources * Update systems to reflect accurate information.
  • Requested appropriate changes to reports and additional documentation as needed from all parties.
  • Responded to and obtained additional documentation for quality control audits within a timely fashion to ensure salability of the loan.
  • Review loan approval and request any additional documentation from borrower, Title Company, appraiser, builder, realtor, etc.
  • Obtain additional documentation needed from all sources, while notifying the Mortgage Consultant via Loan Trac of items missing.

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36. Underwriting Approval

low Demand
Here's how Underwriting Approval is used in Senior Loan Processor jobs:
  • Discovered and addressed inaccuracies and discrepancies regarding property abstracts, surveys and appraisals, compiling checklists and worksheets for underwriting approval.
  • Utilized and analyzing approved Automated Underwriting Systems to secure accurate automated underwriting approvals required for final loan analysis.
  • Served as liaison between broker and an applicant concerning loan status along any documentation needed for underwriting approval.
  • Determined if applicant met establishment standards for further consideration * Submitted mortgage loan application files for underwriting approval.
  • Request necessary documents from customers to clear loan conditions prior to initial and final underwriting approval.
  • Prepared Conventional, FHA & Sub-Prime mortgage loan applications and gathered supporting documentation to secure underwriting approval
  • Gathered applicant information and supporting loan documentation to ensure accuracy and quickly obtain underwriting approvals.
  • Obtain documentation; verify accuracy and completeness for underwriting approval and to meet closing conditions.
  • Processed all documents and evaluated and cured all underwriting conditions based upon underwriting approval.
  • Assisted team of 15 loan officers in gathering borrower stipulations required for underwriting approval.
  • Obtained, reviewed and analyzed all loan documentation required for underwriting approval.
  • Requested conditions, updated system and prepared file for final underwriting approval.
  • Obtained all necessary credit documentation from the borrower for underwriting approval.
  • Reviewed collateral and maintained an underwriting approval authority of $1,500,000.
  • Processed loan applications and supporting documentation for submission for underwriting approval.
  • Coordinated the collection of documentation with originators to obtain underwriting approval.
  • Prepared and submitted essential loan documentation for final underwriting approval.
  • Completed documentation on loan files to submit for underwriting approval.
  • Submitted mortgage loan application files for underwriting approvals as needed.
  • Prepare applications for underwriting approval, including calculating income.

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37. Fhlmc

low Demand
Here's how Fhlmc is used in Senior Loan Processor jobs:
  • Monitored compliance with the regulatory and secondary markets guidelines with FNMA, FHLMC, VA, FHA investors and PMI loans.
  • Worked knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors.
  • Credit underwrote construction to permanent loans, processed FNMA, FHLMC and graded paper loans following them through to funding.
  • Reviewed credit packages on loan files submitted following various investor guidelines, including FNMA/FHLMC, FHA and B/C programs.
  • Evaluated and processed FNMA, FHLMC, FHA, and USDA government loans ensuring loans met agency guidelines.
  • Demonstrated knowledge of FNMA, FHLMC & FHA underwriting guidelines with a specialization in CRA and FHA loans.
  • Reviewed and input FNMA DU/FHLMC LP with accuracy and accountability while adhering to investor guidelines and requirements.
  • Review DU/LP conditions with broker to meet Fannie and Freddie guidelines (FNMA/FHLMC).
  • Processed portfolio, conforming and non-conforming loans to be sold to FHLMC and FNMA.
  • Full knowledge of FNMA/FHLMC and FHA/VA guidelines as well as Sears Mortgage portfolio products.
  • Process FNMA/FHLMC and run DU/LP guidelines as well as stat specific and federal regulations.
  • Sound and timely processing of files in accordance with FNMA/FHLMC/FHA and VA guidelines.
  • Process FNMA, FHA/VA, FHLMC conventional guidelines HARP and refinance loans.
  • Applied FNMA / FHLMC guidelines to ensure loan complies with company standards.
  • Processed loans to FNMA/FHLMC guidelines as well as Sears Mortgage portfolio products.
  • Originated and processed FNMA, FHLMC, FHA government loans.
  • Reviewed files based on SunTrust, FNMA and FHLMC guidelines.
  • Performed mortgage underwriting utilizing FNMA desktop and FHLMC LP underwriting.
  • Preformed Underwriting utilizing FNMA desktop and FHLMC LP underwriting.
  • Experience in submitting loans to FNMA-DU and FHLMC-LP.

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38. Ensure Accuracy

low Demand
Here's how Ensure Accuracy is used in Senior Loan Processor jobs:
  • Reviewed and analyzed income, asset and credit documentation to ensure accuracy to submit to underwriter and closing.
  • Gathered all required information from Loan Officer/Realtor to ensure accuracy and completeness when submitting to bank.
  • Cleared underwriting conditions, requested and reviewed loan closing documents to ensure accuracy.
  • Post Closing Audit and review to ensure accuracy of final recorded documentation.
  • Collect outstanding loan conditions and ensure accuracy as per underwriting decision.
  • Utilized various formulas to ensure accuracy and compliance with state regulations.
  • Audited signed documents/loan files to ensure accuracy, completeness and consistency.
  • Completed quality reviews to ensure accuracy and compliance with regulations.
  • Monitored and reviewed documents prepared by staff to ensure accuracy.
  • Audited financial records and operational processes to ensure accuracy.
  • Review the pipeline reports daily to ensure accuracy of closing dates, program changes, loan amount changes and current status.
  • Proofread all sales documents, including legally binding descriptions of land/plot to ensure accuracy and use of proper legal language.
  • Created Job Aids to help fellow associates with the Manual Check Request process, to ensure accuracy of request.
  • Review students' financial aid packages prior to receiving federal funding to ensure accuracy and prevent future audit findings.
  • Conducted final audits on closed loan transactions to ensure accuracy of all files for state and federal compliance.
  • Reviewed data to ensure accuracy, resolves exceptions, and completes submission packages for underwriting by established deadlines.
  • Evaluated and examined transactions to ensure accuracy and completeness, using fraud detection practices on each loan.
  • Use of multiple programs for processing in order to verify and ensure accuracy of data input/output.
  • Reviewed final settlement statement (HUD1) with loan officer to ensure accuracy of loan fees.
  • Examined the loan documentation to ensure accuracy and completeness of the overall file.

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39. Hmda

low Demand
Here's how Hmda is used in Senior Loan Processor jobs:
  • Performed HMDA data accuracy and integrity prior to final approval of government assistance for funding
  • Acted as direct liaison between regional manager and branch office for internal auditing and compliance of all HMDA issues.
  • Verified HMDA/ ECOA Compliance were preformed on each loan application, input new applications and disclosed within 3 days.
  • Verified and input appraisal, insurance, title, HMDA, employment, borrower info in CSMI.
  • Reviewed initial GFE, TIL, HMDA, and RESPA disclosures for regulatory and compliance standards.
  • Trained in USDA Rural Housing, FEMA, HMDA, Source of Funds and Quality Management.
  • Maintained federal guidelines, ensuring RESPA, HMDA, and MERS were met.
  • Maintained and delivered HMDA information to Fannie Mae and Freddie Mac.
  • Completed HMDA info in system on all denied files.
  • Maintained HMDA reports and Compliance Reports up to date.
  • Process denied and withdrawn loans including HMDA sheets.
  • Complied with all HMDA regulations.
  • Input HMDA information as required.
  • Trained in all current RESPA, Section 32, HMDA and HUD rules and regulations in effect as of 2010.
  • Maintain HMDA Log vie FFIEC Website
  • Identified and reviewed all CRA & HMDA reportable loans/applications across all business lines in accordance with established policies and procedures.
  • Completed Validation, Fair Lending/HMDA, Customer Care, Fraud Detections and FHA/VA training.
  • Document loan processing activities in corresponding systems and monitor file aging for HMDA compliance.
  • Maintained compliance with RESPA, Section32, HMDA and the turndown of mortgage loans
  • Assist with HMDA Reporting and Clearing QC Reports.

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40. Party Vendors

low Demand
Here's how Party Vendors is used in Senior Loan Processor jobs:
  • Maintain possible working relationship with co-workers and third-party vendors.
  • Verify information with third party vendors, such as credit bureaus, appraisal companies, and title companies, among others.
  • Follow up with all third party vendors (appraisals, credit and title) to ensure delivery of required reports.
  • Acted as the main contact for borrowers and third party vendors while working closely with loan agents to expedite loans.
  • Communicate orally and in writing as a liaison between Loan Officers, Management, and Third Party Vendors.
  • Ordered appraisals, appraisal reviews, credit reports and titles from 3rd party vendors for underwriting review.
  • Interacted daily with clients, loan officers, attorneys and third party vendors via telephone and email.
  • Work with escrow/title and any other third party vendors to resolve all outstanding conditions.
  • Ordered Title, Appraisals, Flood Certificates and Subordination Agreements from third party vendors.
  • Distributed legal documentation to closing agents and loan packages to third party vendors.
  • Scheduled cleared to close loans with title agencies and other third party vendors.
  • Received calls from and made calls to borrowers and other third party vendors.
  • Developed great rapport with all outside lenders and 3rd party vendors.
  • Schedule appraisals and review results with clients and third party vendors.
  • Coordinate requirements with lender, third party vendors and escrow companies.
  • Worked closely with third party vendors to ensure commitments are met.
  • Work with internal and external third party vendors.
  • Process Credit Card applications with third party vendors.
  • Work with third-party vendors to obtain reports.
  • Coordinate with escrow and third party vendors.

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41. Credit Supplements

low Demand
Here's how Credit Supplements is used in Senior Loan Processor jobs:
  • Ordered and reviewed credit reports and necessary credit supplements for credit worthiness and/or omissions.
  • Request subordination agreements, credit supplements and trust documents
  • Requested credit supplements and insurance.
  • Order third party requirements, payoffs, title, credit supplements, verification of employment, etc.
  • Order credit supplements and appraisals and homeowners insurance adding the mortgagee clause to the policy.
  • Order Flood Certificate, Mortgage Insurance, and credit supplements.
  • Requested payoff Demands, Estimated Statements and Credit Supplements.
  • Ordered 4506-T tax transcripts, VOE's, VVOE's, payoff statements, mortgagee clause updates and credit supplements.
  • Order titles, payoffs, appraisals, HUDS, credit supplements, flood reports, etc.
  • Ordered verifications of employment, rent, credit supplements and other required information needed to meet underwriting conditions.
  • Requested and reviewed for accuracy Verifications of Employment, Verification of Mortgage, and Credit Supplements.
  • Work closely with credit reporting company pertaining to credit supplements, rescore, updates and disputes
  • Ordered loan verifications, payoffs and credit supplements as needed.
  • Order credit supplements, flood certificates, insurance dec pages and TRVs (4506T) etc.

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42. Settlement Statements

low Demand
Here's how Settlement Statements is used in Senior Loan Processor jobs:
  • Reviewed settlement statements for accuracy and reviewed disbursement of funds for closing, including preparation and delivery of closing packages.
  • Organized and packaged closing documents, including detailed preparation of final settlement statements.
  • Prepared and reviewed closing instructions, closing documents and settlement statements.
  • Scheduled closings and balanced all settlement statements for accuracy.
  • Review lender closing instructions, preparing HUD/HUD1 Settlement Statements, and verifying that all conditions in the closing instructions are met.
  • Reviewed and approved settlement statements from escrow/title for correct loan amounts, rates, fees, and other fees are accurate.
  • Prepared loan closing documents, settlement statements, loan funding and fee disbursements for an office of 10 loan officers.
  • Prepare and review documents and settlement statements for accuracy and process and disburse funds for real estate closing.
  • Prepared and balanced HUD settlement statements prior to closing loan documents being sent to the title company.
  • Reviewed HUD I Settlement Statements to ensure that all fees and closing costs were within compliance.
  • Reviewed Title Insurance Reports, Insurance and HUD-1 settlement statements for customer's mortgage loan closing.
  • Figure HUD-1 settlement statements and work with lenders to obtain approval while adhering to RESPA regulations.
  • Review HUD-1 (Settlement Statements) with Closer, Settlement Attorney and member to ensure accuracy.
  • Ordered / checked title, reviewed appraisals, coordinated loan closings and reviewed settlement statements.
  • Reconciled credit report statements and ran reports along with approved settlement statements prior to closing.
  • Draw closing documents, approve HUD I Settlement Statements, order wire for funding.
  • Ensured titles were clear, adding all judgments and HOA dues to settlement statements.
  • Developed over $1+ billion worth of financial HUD-1 settlement statements and ensured compliance.
  • Prepared TIL, RESPA disclosures and HUD-1 Settlement statements to the borrower.
  • Prepared files for closing and possessed the ability to review settlement statements.

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43. GFE

low Demand
Here's how GFE is used in Senior Loan Processor jobs:
  • Receive in handwritten 1003 and GFE review and make the need corrections once corrected input the information into system.
  • Review application for completeness of data needed to disclose the GFE, TIL and all other applicable disclosures.
  • Update GFE with correct title fees, correct tax figures in Encompass, review liens and vesting.
  • Review all originated loans, create disclosures, including GFE and TIL according to new rules.
  • Prepared GFE, TIL, fee worksheet and all disclosures, ordered appraisal and run credit.
  • Issued final GFE to client, drew loan docs and coordinated with title for signing and funding
  • Check GFE disclosures to make sure they are within compliance and have correct loan terms.
  • Completed welcome calls for all borrowers, reviewing all GFE and TIL in Welcome Package.
  • Review initial loan disclosures for compliance with initial HUD, GFE, TIL regulations.
  • Re-disclosed GFE/TILA according to rate lock and change of loan terms and pricing.
  • Process and prepare initial disclosures (GFE/TIL, etc.).
  • Reviewed GFE and TIL for accuracy.
  • Prepared GFE and TIL disclosures.
  • Disclose GFE's and TIL's for both banked loans brokered files.
  • Disclose Good Faith Estimate (GFE) information to borrower in a timely manner to insure Reg X guidelines if needed.
  • Ensured team members were responding appropriately to policies and procedures In-depth knowledge of (GFE) federal compliance
  • Demonstrated necessary knowledge of GFE, APR, interest rates and disclosure/re-disclosure timelines.

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44. DTI

low Demand
Here's how DTI is used in Senior Loan Processor jobs:
  • Processed Loan - determined income, liabilities, DTI ratio, requested credit updates, proved sufficient assets, reviewed appraisals.
  • Analyzed files; DTI ratios, employment history, credit worthiness, income, reserves, etc.
  • Investigate and evaluate loan documents within appropriate guidelines and discovering accurate DTI ratios and risk factors.
  • Reviewed of 1003 and disclosures for accuracy and completion (DTI, LTV etc.)
  • Qualified applicants for a loan based on risk (DTI, LTV ratios).
  • Calculated points for change in rates, LTV, DTI and/or credit score changes.
  • Calculated income, DTI and assess credit history to determine and support credit worthiness
  • Examined and cured DU findings, DTI and LTV prior to closing.
  • Create payment calculator from income documents submitted using excel to determine DTI.
  • Insured that borrowers meet DTI's and LTV's per requirements.
  • Review credit report debt issues and credit score for DTI issues.
  • Investigate and evaluate loan documents for appropriate LTV and DTI ratios.
  • Calculate DTI for DU/LP Approval & Manual Underwrites.
  • Calculated and verify DTI and LTV ratios.
  • Help loan officers with DTI issues.
  • Calculate income, worked DTI, LTV ETC.
  • Calculate DTI/PTI, LTV, etc.
  • Verify income and manually calculate customer's front and back-end DTI ratio to ascertain borrower eligibility.
  • Qualified candidates for mortgages by pulling credit, determining DTI ratios, auditing tax documents and questioning candidates for further information.
  • Developed alternatives for applications that did not meet program guidelines (DTI ratios, LTVguidelines, etc.).

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45. VOD

low Demand
Here's how VOD is used in Senior Loan Processor jobs:
  • Ordered title reports, condo questionnaires, flood certificates, appraisals, VOE, VOD, payoffs and updated insurance.
  • Ordered and interpret VOM'S, VOE'S, VOD'S and subordination request agreements.
  • Requested appraisals, title work, ordered VOR's, VOM's, VOE's, VOD's, etc.
  • Ordered VOE, VOM, VOD, VOL, payoff, appraisals, title, flood and homeowner insurance.
  • Ordered VOE, VOD, Title, Appraisals, and HOA or Condo certs.
  • Ordered titles, appraisals, VOE's, VOD's and VOR's.
  • Completed tax transcript requests, VOE, VOD, VOM and payoff requests.
  • Requested credit supplements, payoffs, insurance, VOE, VOM and VOD.
  • Ordered appraisals, VOD, VOE, VOR, VOM documents.
  • Order VOE, VOD, VOM's, run credit etc.
  • Verified funds to close (VOD's, gift money).
  • Order VOD, VOE, flood certs etc.
  • Request VOE's and VOD's as needed.
  • Verify VOE, VOD, and VOM.
  • Ordered appraisals, prelims, VOD's.
  • Pulled credit, ordered appraisals, title, flood certificates, VOD's, and insurance.
  • Structured loans Ordered Appraisals, VOE, VOD, VOR, VOR & VOM as needed Analyzed income documentation.
  • Order and receive VODs, VOEs, appraisal, title, and etc.
  • Order Subordination Agreements, MI, EOI, VOEs, VODs, VOMs.
  • Order; VOEs, VODs, VOMs, and subordination requests Provide written file review weekly to each assigned Loan Officer.

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46. Accurate Processing

low Demand
Here's how Accurate Processing is used in Senior Loan Processor jobs:
  • Ensured accurate processing of eligibility decisions, applicant, and household information into state and company-wide databases.
  • Work with loan officer, underwriting and closing teams by ensuring the timely, judicious and accurate processing of mortgages.
  • Provide support to loan officer and retail branches by ensuring the timely and accurate processing of Home Equity loans.
  • Provided support to Mortgage Banker and Underwriter by ensuring the timely and accurate processing of mortgage file.
  • Partnered with sales and borrowers for timely and accurate processing, underwriting and closing on specialty loans.
  • Collaborated with underwriters and Loan Officers daily to assure accurate processing of loans.
  • Provide support to loan officer by ensuring timely and accurate processing.
  • Completed accurate processing of all files from open to close.
  • Ensured the timely and accurate processing of mortgage applications.
  • Reviewed loans and ensured the timely and accurate processing of all loans originated by the loan officers from pre-approval to closing.
  • Prepared orders for processing Mailed documents to financial institutions Proofread job tickets to ensure accurate processing

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47. Application Data

low Demand
Here's how Application Data is used in Senior Loan Processor jobs:
  • Reviewed residential loan application files to verify that application data was complete and met establishment.
  • Verified application data is completed and meets established standards and regulatory compliance.
  • Validated that the application data was accurately completed.
  • Review Reverse Mortgage (HECM) loan application file to verify that application data is complete and meets establishment standards.
  • Review residential loan application file to verify that application data is complete and meets investor standards.
  • Verify that all application data is accurate and meets loan standards & compliance regulations.
  • Collect and review client documentation, input loan application data provided.
  • Analyzed and collect additional loan application data to process loans consistent with regulations, investorrequirements, and Bank policies/procedures.
  • Updated loan application data using specific required documentations Placed vendor orders for appraisals, title and VOE as required by underwriting.

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20 Most Common Skill for a Senior Loan Processor

Loan Portfolio23.8%
Loan Applications14.7%
Property Appraisals7.9%
Va6.9%
Income Documentation6.3%
Title Companies5.3%
Ensure Compliance5%
Borrowers4.4%

Typical Skill-Sets Required For A Senior Loan Processor

RankSkillPercentage of ResumesPercentage
1
1
Loan Portfolio
Loan Portfolio
20.7%
20.7%
2
2
Loan Applications
Loan Applications
12.8%
12.8%
3
3
Property Appraisals
Property Appraisals
6.9%
6.9%
4
4
Va
Va
6%
6%
5
5
Income Documentation
Income Documentation
5.5%
5.5%
6
6
Title Companies
Title Companies
4.6%
4.6%
7
7
Ensure Compliance
Ensure Compliance
4.4%
4.4%
8
8
Borrowers
Borrowers
3.9%
3.9%
9
9
Credit Reports
Credit Reports
3.8%
3.8%
10
10
Customer Service
Customer Service
3.5%
3.5%
11
11
Underwriting Guidelines
Underwriting Guidelines
2.7%
2.7%
12
12
Escrow
Escrow
2.4%
2.4%
13
13
Lenders
Lenders
2%
2%
14
14
Du/LP
Du/LP
1.6%
1.6%
15
15
Real Estate
Real Estate
1.6%
1.6%
16
16
Usda
Usda
1%
1%
17
17
Hud-1
Hud-1
1%
1%
18
18
Income Tax Returns
Income Tax Returns
1%
1%
19
19
Fannie MAE
Fannie MAE
0.9%
0.9%
20
20
Data Entry
Data Entry
0.9%
0.9%
21
21
Financial Statements
Financial Statements
0.8%
0.8%
22
22
Freddie Mac
Freddie Mac
0.8%
0.8%
23
23
Respa
Respa
0.7%
0.7%
24
24
Calyx
Calyx
0.7%
0.7%
25
25
Company Policies
Company Policies
0.7%
0.7%
26
26
Jumbo
Jumbo
0.7%
0.7%
27
27
AUS
AUS
0.7%
0.7%
28
28
Desktop Underwriter
Desktop Underwriter
0.6%
0.6%
29
29
Necessary Documents
Necessary Documents
0.6%
0.6%
30
30
Final Approval
Final Approval
0.6%
0.6%
31
31
Fnma
Fnma
0.6%
0.6%
32
32
VOE
VOE
0.5%
0.5%
33
33
SR
SR
0.5%
0.5%
34
34
Tax Certificates
Tax Certificates
0.4%
0.4%
35
35
Additional Documentation
Additional Documentation
0.4%
0.4%
36
36
Underwriting Approval
Underwriting Approval
0.4%
0.4%
37
37
Fhlmc
Fhlmc
0.3%
0.3%
38
38
Ensure Accuracy
Ensure Accuracy
0.3%
0.3%
39
39
Hmda
Hmda
0.3%
0.3%
40
40
Party Vendors
Party Vendors
0.3%
0.3%
41
41
Credit Supplements
Credit Supplements
0.3%
0.3%
42
42
Settlement Statements
Settlement Statements
0.3%
0.3%
43
43
GFE
GFE
0.3%
0.3%
44
44
DTI
DTI
0.3%
0.3%
45
45
VOD
VOD
0.3%
0.3%
46
46
Accurate Processing
Accurate Processing
0.3%
0.3%
47
47
Application Data
Application Data
0.3%
0.3%

9,828 Senior Loan Processor Jobs

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