Loan Processor - Loan Coordinator Job at Summit Funding, Chattanooga, TN

bjVWTFNINFVLb2RSZkIyczl2YVRab0QwSVE9PQ==
  • Summit Funding
  • Chattanooga, TN

Job Description



Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best. We are proud to play a part in making the dream of homeownership a reality. Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.

Benefits and Perks:

  • Opportunity to further a career in a competitive, fast-paced growing industry where you can make a difference in people’s lives.
  • Opportunity to earn competitive compensation.
  • Full benefits include medical, dental, vision, 401K plus match, 11 paid holidays, paid time off, and more.
  • Fun team atmosphere, professional development, and more.

Job Description



Loan Processor - Loan Coordinator I

Starting pay ranges between $22-$25/hr depending on experience. This position works full time in our Chattanooga Office Monday through Friday, standard business hours.

This job is for you if you love the mortgage industry and you are an experienced Loan Originator Assistant or Loan Processor who craves more interaction with borrowers and clients.  Let’s put your mortgage experience to work – with us at Summit Funding where you can help our clients achieve their dream of home ownership! 

We are looking for a detailed oriented experienced mortgage professional with a background in originating or processing conventional and government loans to join our team. Summit Funding is a top 35 Mortgage Lender in the U.S. The Loan Coordinator - Processor exceeds expectations by processing loans in an efficient and timely manner, working directly with the borrower, referral partners, Loan Officer Team, and Underwriting and Closing teams.

How you will make a difference at Summit Funding:  

  • Solve escrow issues without involving the Loan Officer when possible.
  • Receive loan applications, obtain credit information for applicants, and collect all needed documentation for loans.
    • Documentation to include: Verifications of Deposit (VOD), Verifications of Employment (VOE), appraisal, title, etc. as appropriate.
  • Answer all borrower questions or refer to Loan Officer as needed.
  • Verify loans are complete and submit to Underwriting based on Investor and/or Automated Underwriting System (AUS) requirements within 24 hours of receipt of documents.
  • Clear any conditions that require communication to title companies, appraiser, employers, surveyors, etc.
  • Collect all necessary items needed to prepare the Closing Disclosure (CD), and ensure timely drawing and delivery of the CD in order to meet the expected close of escrow.
  • Ensure closing instructions and documents have been released to title 72 hours before closing, and a final settlement statement is issued to the Loan Officer or team 48 hours prior to closing.
  • Review all closing statements and compare to signed Good Faith Estimate (GFE) before signings, and correct discrepancies where needed.
  • Meet with clients to sign loan documents.
  • Send out correspondence including thank you cards, closing cost calculations, etc.
  • Coordinate closing details with clients.
  • Maintain a detailed conversation log for each file.

Qualifications

  • Minimum of 2 years of recent experience in mortgage lending preferably in processing
  • Working knowledge of loan program guidelines including conventional, jumbo, and government loan programs
  • Proficiency in DU/LP/GUS and/or other major LOS
  • Ability to calculate income
  • Strong verbal and written communication skills
  • Creative problem solver with a positive attitude
  • Ability to prioritize and multi-task in order to meet deadlines, strong organization skills
  • Strong sense of urgency and responsiveness along with the ability to demonstrate professionalism
  • Ability to work full time, 40 hour a week schedule 

Additional Information



All your information will be kept confidential according to EEO guidelines.

Job Tags

Holiday work, Full time, Monday to Friday,

Similar Jobs

Rutland Regional Medical Center

Food Service Assistant Job at Rutland Regional Medical Center

Under the direction of the Food & Nutrition Manager, performs a variety of general kitchen and food court duties, including but not limited to, preparing and serving meals for patients, staff and visitors as dictated by department need. Minimum Education ~ High School...

Integr8staff

Airline Cargo Truck Dispatcher Job at Integr8staff

 ...Job Title: Airline Cargo Truck Dispatcher Location: Hawthorne, CA (Near LAX) Work Type: On-Site, Full-Time (Part-Time Available) Compensation: $26.00/hour (DOE - Depending on Experience) Join Our Team as an Airline Cargo Truck Dispatcher Are you a skilled... 

AXISPRO PHYSICAL THERAPY LLC

Physical Therapist Job at AXISPRO PHYSICAL THERAPY LLC

 ...AxisPro Physical Therapy, LLC is a multi-specialty therapy clinic specializing in physical, occupational, hand, pelvic floor, and lymphedema...  ...As we continue to grow, we are seeking an additional physical therapist to join one of our three locations. Our rapid expansion... 

Bluewater Energy, Inc.

Control Room Operator Job at Bluewater Energy, Inc.

 ...other duties assigned to him/her. Qualifications: Must have 5 years plus experience as a Control Room Operator Previous Coal-fired power plant experience Must be able to perform operating rounds Immediate Hire Must be authorized to work in the US... 

APAC Mississippi / Tennessee, Inc.

General Sales Manager Job at APAC Mississippi / Tennessee, Inc.

 ...The General Manager - Sales will assist and lead specific operational and commercial initiatives to accelerate progress against the business development, profit improvement and growth strategy. This is a high skill position requiring the effective management of aggregate...