Loan Processor

Universal Lending

Loan Processor ensuring smooth mortgage experiences through communication with clients and stakeholders. Managing documentation, compliance, and providing training for junior processors.

Posted 7/27/2026full-timeRemote • Colorado • 🇺🇸 United StatesMid-LevelSenior💰 $60,000 - $80,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in mortgage processing, including knowledge of Fannie Mae, Freddie Mac, FHA, and VA guidelines. Proficient in loan origination software and maintaining compliance with regulatory standards while providing exceptional customer service.

Highest-signal resume keywords

Mortgage Banking ExperienceFannie Mae/Freddie Mac KnowledgeFHA/VA Guidelines ExpertiseEncompass ProficiencyRegulatory Mortgage Compliance

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Loan ProcessingData VerificationIncome CalculationDocument AnalysisPipeline Management

Soft Skills

Excellent Communication SkillsOrganizational SkillsTime Management SkillsJudgment and Decision-MakingCustomer Service Orientation

Tools & Technologies

EncompassLoan Origination SoftwareExcelWordOutlook

Industry Keywords

RESPA ComplianceHMDA GuidelinesLoan Approval ProcessAdverse Action LettersClosing Appointments

About the role

Key responsibilities & impact

Plays a key role in delivering a smooth and positive mortgage experience for customers
Responsible for reviewing, verifying, and preparing complete loan files for Underwriting and Closing
Acts as the central point of communication between loan officers, assistants, builders, real estate partners, and customers
Maintains knowledge of all policies and modifications to the guidelines and standards of the company
Maintains and updates loan application information within loan origination software and other applications
Orders appraisals, title, survey, verifications, and any other items required for loan approval
Conducts regular follow-ups with outside sources regarding outstanding documents
Verifies the data collected, analyzes, and decides whether it meets guidelines or if other documentation is needed
Documents communication through the conversation log; ensures loan application is in compliance with underwriting, investor, RESPA, and HMDA guidelines
Calculates income, reviews assets and liabilities
Reviews all disclosures for completeness and compliance
Completes final evaluation and analysis of completed application packages and submits eligible files specifying any applicable conditions
Monitors rate lock information for data integrity and expiration dates; communicates discrepancies to the Loan Officer
Maintains accurate pipeline to ensure proper projections, and closing dates
May prepare, when applicable, Adverse Action letters
Ensures accurate disclosure of the reason(s) for the adverse action as soon as it is determined that applicants do not qualify
May schedule closing appointments with respective parties
Meets customer service standards as outlined by management
Updates loan officer, loan officer assistant, realtors, builders and customers on loan status
Maintains communication with customers throughout the loan process, assisting them with any questions and notifying them of any additional requirements
Senior Processors may provide training and guidance to other Processors on the team.

Requirements

What you’ll need

Highschool diploma; or general education degree (GED) required
Minimum 5 Years mortgage banking experience as a processor or junior processor, required
Must have working knowledge of Fannie Mae/Freddie Mac and FHA/VA policies and guidelines, and Regulatory Mortgage Compliance
Must have working knowledge of Encompass or other LOS systems
Proficient in Excel, Word, and Outlook, with the ability to learn other mortgage-related programs
Excellent written and verbal communication skills
Excellent organizational and time management skills
Demonstrated ability to interact effectively with others both internal and external
Demonstrated judgment and decision-making ability
Ability to work overtime, when necessary.

Benefits

Comp & perks

Medical
Dental
Vision