Job Title:
Bilingual Loan Processor

Company: REMAX

Location: boca raton, FL

Created: 2024-04-20

Job Type: Full Time

Job Description:

Wemlo, part of the REMAX Holdings organization which includes Motto Mortgage®, the first national mortgage brokerage franchise brand in the U.S, is looking for Loan Processors to join our team!This is a unique opportunity to work within a rapidly growing startup backed by the largest name in Real Estate. We are hiring 2+ employees for this position and there will be opportunities for upward growth.The mortgage Loan Processor (LP) partners with Mortgage Brokers and Loan Originators (LOs) to facilitate a smooth transaction experience for borrowers.The LP supports the LO by ensuring loan files contain all the documentation and data necessary to move through the loan lifecycle efficiently and to close the loan on time. Attention to detail, passion for process, and obsession about excellent customer service are critical. The Loan Processor is responsible for prioritizing and executing tasks and is supported by advanced technology solutions and an experienced loan processing mentor. The Loan Processor is exposed to very sensitive personal information of our borrowers, so high-levels of integrity and discretion are expected and non-negotiable.Essential Duties:Assist Loan Originators by prioritizing sales pipelines based on application statusesSupport Loan Originators with tasks related to completing the mortgage loan application (1003 Application) such as running AUS (Fannie Mae's DUDO, Freddie Mac's LPA S2S, or USDA's GUS) or importing information from credit reportsGenerate initial disclosures for LO review in accordance with the TILA-RESPA Integrated Disclosure Rule (TRID) procedures and timelinesCollect documentation from borrowers at the direction of LOs and the loan system; enter document information into the loan system and submit information to wholesale lending organizations for conditional approvalManage the statuses and follow-up communications with mortgage services providers such as appraisers and title companiesWork with wholesale lending underwriters to secure conditional approval and clearance to closeValidate Final Closing Disclosure (Final CD) information and resolve any missing or mismatched data before closing the loan file in our systemExecute a Closing Checklist to confirm that all regulated and reportable information is captured in a loan file before closing the file in our systemRun and distribute various reports on a recurring basisParticipate in process improvement projectsProvide prompt, warm, and memorable serviceQualifications and Experience:2+ years mortgage loan processing or other type of loan processing experienceExceptional Customer ServiceBilingual applicants preferredAbility to multi-taskStrong attention to detailWholesale and TPO experience not required, but a plus!Hire RangeRate:$45,000 - $53,000This position comes with a very competitive benefits package including, medical, dental, vision, 401(k), flexible time off, paid holidays and more!WemloSM is a technology-focused mortgage loan processing startup that's reshaping the mortgage broker channel. It developed the first "Service Cloud" for mortgage brokers, combining third-party loan processing with an all-in-one digital platform. Its product is marketed and sold to mortgage brokerages and loan originators across the country. Wemlo is also a part of the REMAX Holdings organization which includes REMAX®, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage®, the first national mortgage brokerage franchise brand in the U.S. You can find more information about us at wemlo.io.Now is your chance to become part of a world-class, industry leading organization that touts the #1 real estate brand in the world! REMAX is a business that builds businesses. We provide the tools, training and tech to our real estate network, which includes REMAX and Motto Mortgage franchises, agents, brokers and consumers. Join us and build a career where your contribution is heard, your innovative ideas are valued, and hard work and collaboration truly makes a difference.REMAX Holdings, Inc is an equal opportunity employer committed to diversity and inclusion, as well as non-discrimination in employment. All qualified applicants receive consideration without regard to race, color, religion, gender, sexual orientation, national origin, age, veteran status, disability unrelated to performing the essential task of the job or other legally protected categories. All persons shall be afforded equal employment opportunity.Benefits OfferedCompetitive medical, dental and vision benefits401(k) and Roth 401(k) retirement plans with optional company matchHealth savings account with a company contributionFlexible spending accounts (medical, dependent care and transportation)Company-paid maternity, adoption, foster and parental leaveEducational assistanceStudent Loan Support ServicesPaid employee assistance programAt least 7 paid holidays, and potential for up to 15, including discretionary early closures before holidays and company events. (More than your average company!)MORE Time Away Program gives employees flexibility around time off needs and lets employees take time off as they need it, rather than waiting for accrualsClassPass discount and monthly subsidyFree covered garage parking (car chargers and bike racks available)And More!