About Company
Guaranteed Rate is one of the largest and most dynamic independent retail mortgage lenders in the United States. With a commitment to innovation, technology, and exceptional customer service, we’ve helped countless individuals and families achieve their dream of homeownership. Our culture is built on a foundation of growth, collaboration, and a relentless pursuit of excellence. We empower our employees with the tools, resources, and support they need to succeed, fostering an environment where talent thrives and careers flourish. Join a company that is consistently recognized for its award-winning technology, industry leadership, and as a top place to work.
Job Description
We are seeking an experienced and highly motivated Remote Mortgage Loan Processor to join our fast-paced and dynamic team. This is an incredible opportunity for a detail-oriented professional to play a critical role in guiding our clients through the home loan process from the comfort of their home office. As a Remote Mortgage Loan Processor, you will be responsible for managing a pipeline of mortgage loan applications, ensuring accuracy, compliance, and timely submission to underwriting. You’ll act as a crucial liaison between borrowers, loan officers, underwriters, and closing agents, facilitating a smooth and efficient loan cycle. Your expertise in analyzing financial documents, identifying potential issues, and proactively communicating with all parties will be paramount to success. We’re looking for someone who thrives in a remote environment, possesses exceptional organizational skills, and is dedicated to providing an outstanding experience for every borrower. This role requires a deep understanding of various loan products (conventional, FHA, VA, jumbo) and current lending regulations. If you are passionate about helping people achieve their homeownership goals and are looking for a remote opportunity with a leading mortgage company, we encourage you to apply!
Key Responsibilities
- Manage a pipeline of 30-50 mortgage loan applications, ensuring all documentation is obtained, reviewed, and submitted accurately and within established deadlines.
- Review and verify all loan application data, including credit reports, income, assets, liabilities, and property details, for completeness and accuracy.
- Communicate regularly and proactively with loan officers, borrowers, and third-party vendors (appraisers, title companies, employers) to gather necessary documentation and updates.
- Proactively identify potential roadblocks or issues during the processing stage and work collaboratively to find solutions.
- Ensure compliance with all federal and state regulations, as well as company policies and investor guidelines.
- Prepare files for submission to underwriting, addressing any conditions or stipulations requested by the underwriter promptly.
- Order and review third-party reports, including appraisals, title commitments, and flood certifications.
- Maintain detailed and accurate notes in the Loan Origination System (LOS) regarding communication and file status.
- Assist with scheduling loan closings and preparing closing disclosure forms.
- Stay current with industry trends, regulations, and changes in mortgage products and programs.
Required Skills
- Minimum of 3 years of recent experience as a Mortgage Loan Processor (conventional, FHA, VA).
- Proven ability to manage a high-volume pipeline effectively.
- In-depth knowledge of mortgage lending guidelines and regulatory compliance.
- Proficiency with Loan Origination Systems (LOS), preferably Encompass.
- Exceptional verbal and written communication skills.
- Strong organizational skills and meticulous attention to detail.
- Ability to work independently in a remote setting and meet deadlines.
- Excellent problem-solving and analytical abilities.
- High school diploma or equivalent.
Preferred Qualifications
- Associate's or Bachelor's degree in Finance, Business, or a related field.
- Experience with a variety of mortgage products, including jumbo loans.
- NMLS license is a plus, but not required for processing roles.
- Prior experience working in a fully remote capacity.
Perks & Benefits
- Competitive salary with performance-based bonuses.
- Comprehensive health, dental, and vision insurance plans.
- 401(k) retirement plan with company match.
- Generous paid time off (PTO) and company holidays.
- Opportunity for professional growth and career advancement.
- Robust training and development programs.
- Access to cutting-edge mortgage technology and tools.
- Employee assistance program.
- Work from home flexibility, saving on commute time and costs.
- Positive and supportive company culture.
How to Apply
Ready to take the next step in your career with a leading mortgage lender? If you meet the qualifications and are excited about a remote opportunity, we encourage you to apply directly through our careers portal. Please click on the application link below to submit your resume and cover letter. We look forward to reviewing your application!