Loan Processor – Retail
Status:Full Time, Employee
Job Ref Code:110092927
Job Location:troy, MI 48007
As part of JPMorgan Chase, a leading global financial services firm, Chase has locations nationwide to serve our home lending customers with their mortgage or home equity loans. Our Loan Processors are dedicated to providing world class service that will maintain and grow a customer's relationship with Chase.
As a Loan Processor, you will be expected to demonstrate a sense of urgency, willingness to work closely with others, and be part of a team whose primary focus is service to our customers as you will be their main point of contact. You will also prepare and move mortgage loans to closing. You will issue proper disclosures as required by federal regulatory compliance and review rate lock and point objectives for accuracy. Additionally, you will ensure pricing and fees are accurately reflected on each transaction and will order all necessary appraisals, title, and credit documents. You will review loan-related documents, including title insurance, flood and tax certificates and surveys, and submit these documents to Underwriting.
Additionally, the Loan Processor will review the documents for acceptability against loan conditions, and with the Loan Officer coordinate with all parties to obtain additional documentation. You will also complete loan submissions and update the conversation log as needed.
This position will require / requires National Mortgage Licensing System and Registry (NMLS) registration under the terms of the Safe Act of 2008. As such, upon active employment with JP Morgan Chase, you will be required to either register via the NMLS registry or re-register and move your previous registration to JP Morgan Chase's registration rolls. Your continued employment in this position with JP Morgan Chase is contingent upon successful registration after your start date and annual re-registration thereafter. In addition, information obtained during the registration process may impact your employment with the firm.
Further information about the registry and the requirements of registration can be found at: http://mortgage.nationwidelicensingsystem.org/SAFE/Pages/default.aspx
You will be provided with detailed instructions on how to fulfill these compliance requirements upon joining the firm.
- At least two years' experience in mortgage loan processing (conventional and government, purchase and refinance)
- High school diploma or equivalent
- Knowledge of federal and state regulatory requirements
- At least one year of computer experience
- Excellent communication and organization skills
- Familiarity with standard office equipment
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.