Loan Processing Assistant

Shea Mortgage Inc - Scottsdale, AZ 85260
Shea Mortgage Inc - Scottsdale, AZ 85260
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Shea Mortgage Inc - Scottsdale, AZ 85260
Job Description
The Loan Processor Assistant is a support role to the designated Loan Processing Team. The Loan Processor Assistant will develop a working knowledge of FNMA, FHLMC, HMDA, FHA, VA and State sponsored down payment and other assistance programs through intensive training with their assigned Senior Loan Processor.

- Reviews file when received and orders all appropriate documents including credit report updates, title work, appraisal, final inspections, hazard insurance, flood certification and flood insurance if required.
- Assists the processing and closing teams with prefunding conditions.
- Works with Loan Origination Team to order documents to help originate or pre-qualify the loan.
- Processing assistants will work with senior processors to develop competencies that allow them to begin to review and analyze all aspects of the mortgage credit package including but not limited to accuracy of file input, timely delivery of required application disclosures, title policy, assets and asset documentation, income figures and income documentation.
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