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Aerotek Loan Processor in Indianapolis, Indiana

Description:

  • Responsible for the thorough process of reviewing, preparing, and verifying loan applications

  • Supporting documentation from the loan officers and submitting the verified loan files to underwriting

  • Review daily reports each morning to identify priorities or issues that need to be escalated to a supervisor.

  • Managing a pipeline of loans while maintaining high level of customer satisfaction.

  • Calculate income, assets and debt ratios.

  • Analyze the title report, purchase contract and appraisal on files for compliance.

  • Communicate clearly and professionally with all customers, co-worker, supervisors and management.

  • Ensure that the customer understands requests and time requirements.

  • Required to open new loan submissions within 72 hours and validate all file information to ensure that all issues are identified so they may be resolved early.

  • Contact the borrowers with a welcome call within the opening and validating period to ensure all required documentation is in the file to issue a credit decision.

  • Ensure loan approval can be accomplished by the contingency date and that closing can be accomplished by the estimated closing date.

  • Create notes and a record of all requests in system to document issues or escalations.

  • Prepare loan packets to submit to in-house underwriters or investor underwriters for approval.

Top Skills Details:

  • Minimum of 3 years loan processing experience including conforming conventional, FHA, 203K, VA, USDA, IHDA.

  • High School Diploma or equivalent required

Additional Skills & Qualifications:

  • Knowledge of Secondary Market guidelines and standards

  • Knowledge of FNMA and Freddie Mac guidelines.

  • Knowledge of TRID

  • Familiarity with industry quality control standards and fraud detection method.

  • Experience with POS approval processes using LP, DO/DU and other AU.

  • Proficient computer skills including Microsoft Word, Excel and Outlook.

About Aerotek:

We know that a company's success starts with its employees. We also know that an individual's success starts with the right career opportunity. As a Best of Staffing® Client and Talent leader, Aerotek's people-focused approach yields competitive advantage for our clients and rewarding careers for our contract employees. Since 1983, Aerotek has grown to become a leader in recruiting and staffing services. With more than 250 non-franchised offices, Aerotek's 8,000 internal employees serve more than 300,000 contract employees and 18,000 clients every year. Aerotek is an Allegis Group company, the global leader in talent solutions. Learn more at Aerotek.com.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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