Business is Booming! Planet Home Lending, LLC, is a privately held, full-service, national mortgage lender and servicer company. Planet is FNMA and FHLMC approved and sells through the Retail and Correspondent Channels, offering FHA, VA, Conventional, USDA and many other products. Planet Home Lending continues to reach month over month sales and servicing increases! Come join us!
The Processor is primarily responsible for the gathering and review of loan documentation that meets Federal, State, and Investor requirements to prepare for underwriting review and loan closure.
Job Functions
- Manages a pipeline of mortgage loans. Reviews file submissions for accuracy and completeness.
- Verifies that all required documents are properly located in the loan files.
- Performs initial review of income, credit report, and assets to ensure lender guidelines are met.
- Requests and follows up on all outstanding items with borrowers.
- Maintains high level of customer service by being proactive in communicating with borrower and team members.
- Provides clear, effective communication with borrowers and team members when completing file-related activities.
- Understands and ensures all compliance and regulatory requirements are adhered to accordingto federal and state laws and regulations as well as company guidelines.
- Submits completed loan package to Underwriter for review and approval.
- Submits completed loan package to Closing upon final review.
- Ensure the loan origination system is kept up to date with current and accurate information.
- Miscellaneous duties as assigned.
Requirements
- Must have 3+ years of mortgage loan processing experience
- Two to four years of mortgage processing experience with a variety of investors (FNMA, FHLMC, FHA, VA, USDA).
- Effective written and verbal communication skills.
- Working knowledge of mortgage loan documents, loan origination program and underwriting guidelines.
- Demonstrates a commitment to quality customer service.
- Strong attention to detail.
- Well organized with the ability to multi-task.
- Demonstrates strong time management skills with the ability to meet deadlines.
- Works well with others.
- Proficient in all compliance-related regulations including RESPA.
Benefits
Our benefits package includes 3 comprehensive Cigna or Kaiser medical plans, dental, and vision insurance. We provide short term and long-term disability insurance, basic life insurance, 401(k), and 10 employer paid holidays. In addition, we offer supplemental benefits to include life insurance, critical illness and accident plans.