Loan Processor

Vintti is a staffing agency dedicated to boosting the economic efficiency of US companies. We provide access to a diverse range of skilled Latin American professionals, allowing businesses to build robust teams without the traditional high costs associated with domestic hiring. Our model supports companies in maximizing their resources, driving innovation, and achieving sustainable growth.

A Loan Processor is a pivotal figure in the lending process, ensuring the seamless progression of loan applications from initiation to approval. This role involves meticulously reviewing and verifying financial documents, assessing applicant information for accuracy and completeness, and maintaining close communication with borrowers, underwriters, and other financial professionals. Loan Processors play a critical role in identifying and resolving any discrepancies or issues that may arise, ensuring compliance with lending regulations and guidelines. Their attention to detail and organizational skills contribute significantly to the efficiency and effectiveness of the loan approval process.

- High school diploma or equivalent; college degree preferred.
- Minimum of 2 years of experience in loan processing or a similar role.
- Thorough understanding of loan application, processing, and closing procedures.
- Knowledge of mortgage industry regulations and compliance.
- Proficiency in loan origination software and Microsoft Office Suite.
- Strong data entry skills with a high level of accuracy.
- Excellent attention to detail and organizational skills.
- Ability to manage multiple tasks and prioritize effectively.
- Strong communication skills, both written and verbal.
- Ability to work independently and as part of a team.
- Customer service orientation with a professional demeanor.
- Ability to analyze credit reports, property appraisals, and title abstracts.
- Familiarity with various mortgage loan types and lending guidelines.
- Commitment to staying current with industry changes and regulatory updates.
- Strong problem-solving skills and the ability to resolve discrepancies.
- Capacity to handle sensitive and confidential information.

- Review new loan applications for accuracy and completeness.
- Verify borrower information, including income, employment, and credit history.
- Order and analyze credit reports, property appraisals, and title abstracts.
- Request and review supporting documents from borrowers.
- Communicate with loan officers, underwriters, and clients to gather necessary information and resolve issues.
- Enter loan application data into the system accurately.
- Monitor loan files to ensure they meet company and regulatory requirements.
- Coordinate loan closing processes and ensure all required documentation is in place.
- Maintain detailed records of loan transactions and borrower communications.
- Provide updates to borrowers and loan officers on the status of their applications.
- Prepare and send loan application disclosures to borrowers.
- Ensure compliance with lending requirements and guidelines.
- Assist in the preparation of loan commitment letters.
- Follow up on outstanding documentation and information to finalize loans.
- Facilitate clear communication between all parties involved in the loan process.
- Manage and prioritize a pipeline of loan applications to meet deadlines.
- Review and resolve discrepancies in loan documentation.
- Stay informed on current lending policies, procedures, and regulations.
- Prepare and submit loan files to underwriting.

The ideal candidate for the Loan Processor position is a seasoned professional with at least two years of experience in loan processing or a similar role, backed by a high school diploma or equivalent, with a college degree being preferred. They possess a deep understanding of loan application, processing, and closing procedures, as well as a thorough knowledge of mortgage industry regulations and compliance. Their proficiency in loan origination software and the Microsoft Office Suite is complemented by exceptional data entry skills marked by a high degree of accuracy. This individual is detail-oriented with superior organizational and time management capabilities, allowing them to manage multiple tasks and prioritize effectively in a high-pressure environment. They are strong communicators, both written and verbal, with a customer service-oriented mindset and a professional demeanor. The ideal candidate is highly analytical, with the ability to scrutinize credit reports, property appraisals, and title abstracts, and demonstrate excellent problem-solving skills to resolve discrepancies. A self-motivated team player, they are proactive, adaptable to regulatory and industry changes, and exhibit a strong work ethic and commitment to excellence. Their high level of integrity, trustworthiness, and respect for confidentiality and sensitive information are paramount, coupled with a keen ability to stay current with industry changes and regulatory updates. This candidate also demonstrates strong interpersonal skills, patience, persistence, and a quick ability to learn new software systems, setting them apart as a dedicated and dependable professional in loan processing.

- Review new loan applications for accuracy and completeness.
- Verify borrower information, such as income, employment, and credit history.
- Order and analyze credit reports, property appraisals, and title abstracts.
- Request and review supporting documents from borrowers.
- Communicate with loan officers, underwriters, and clients to gather necessary information and resolve issues.
- Enter loan application data into the system accurately.
- Monitor loan files to ensure they meet company and regulatory requirements.
- Coordinate loan closing processes and ensure all required documentation is in place.
- Maintain detailed records of loan transactions and borrower communications.
- Provide updates to borrowers and loan officers on the status of their applications.
- Prepare and send loan application disclosures to borrowers.
- Ensure compliance with lending requirements and guidelines.
- Assist in the preparation of loan commitment letters.
- Follow up on outstanding documentation and information to finalize loans.
- Facilitate clear communication between all parties involved in the loan process.
- Manage and prioritize a pipeline of loan applications to meet deadlines.
- Review and resolve discrepancies in loan documentation.
- Stay informed on current lending policies, procedures, and regulations.
- Prepare and submit loan files to underwriting.

- Detail-oriented with a focus on accuracy
- Excellent organizational and time management skills
- Strong analytical and problem-solving abilities
- High level of integrity and trustworthiness
- Effective communication skills, both written and verbal
- Ability to work independently and collaboratively within a team
- Customer service-oriented mindset with a professional demeanor
- Ability to handle high-pressure situations and meet deadlines
- Proactive and self-motivated
- Adaptability to changing regulatory and industry environments
- Strong work ethic and commitment to excellence
- High degree of patience and persistence
- Tech-savvy and quick to learn new software systems
- Strong interpersonal skills for interacting with clients and colleagues
- Keen ability to analyze financial documents and reports
- Respect for confidentiality and sensitive information

- Competitive salary range: $50,000 - $70,000 annually
- Health insurance coverage, including medical, dental, and vision plans
- 401(k) retirement plan with company match
- Paid time off (PTO) and paid holidays
- Employee assistance program (EAP)
- Professional development and training opportunities
- Flexible work schedule options, including remote work opportunities
- Life and disability insurance
- Tuition reimbursement program
- Employee wellness programs
- Company-sponsored social events and activities
- Career advancement opportunities within the organization
- Access to industry conferences and workshops
- Friendly and supportive work environment
- Recognition and reward programs
- Performance-based bonuses
- On-site gym and wellness facilities (if applicable)
- Commuter benefits assistance