Loan Processor

Overview

• Support loan processing activities, ensuring compliance with HUD guidelines and standards.
• Collaborate with clients and internal teams to track project progress and address documentation needs.
• Utilize HUD systems like APPS to manage applications and partner performance.
• Prepare and review comprehensive HUD checklists, forms, and exhibits for accurate submissions.
• Coordinate responses to HUD deficiencies, ensuring timely and accurate resolutions.
• Maintain organized records and documentation for audits and compliance checks.
• Contribute to process improvements to enhance efficiency and accuracy in loan processing.
• Participate in weekly calls with stakeholders to discuss project status and address concerns.

Key Responsibilities & Duties

• Prepare and maintain HUD checklists, ensuring completeness and compliance.
• Collaborate with senior processors to monitor project timelines and milestones.
• Utilize HUD systems to manage applications and ensure accurate submissions.
• Coordinate lender narratives and documentation for HUD compliance.
• Address documentation deficiencies and compile accurate responses for HUD.
• Support process improvements to optimize loan processing workflows.
• Maintain organized records for audits and compliance inquiries.
• Participate in stakeholder meetings to discuss project updates and resolve issues.

Job Requirements

• Bachelor’s degree in a relevant field is required.
• Minimum of 2 years of experience in loan processing or related roles.
• Preferred 3 years of experience in financial services or loan processing.
• Proficiency in Microsoft Office Suite and HUD systems like APPS.
• Strong organizational skills and attention to detail.
• Excellent written and verbal communication skills.
• Ability to manage multiple projects and meet deadlines.
• Knowledge of HUD guidelines and standards is preferred.