Job Description
The Bilingual Loan Processor plays a critical role in ensuring the timely and accurate clearance of all Underwriting conditions. This position requires strong communication skills in both English and Spanish to effectively engage with borrowers and team members.
Key responsibilities include file review, customer communication, condition management, and pipeline management. The processor must receive and review files from the Processing Assistant prior to submission to Underwriting, ensuring all necessary documentation is in place. They will conduct Welcome calls/emails with borrowers to review conditions and manage redisclosures as required. Further responsibilities include working closely with Underwriting and Management to resolve any issues, ordering appraisal revisions or final inspections, and collaborating with Funding to ensure the timely delivery of the signed Closing Disclosure.
Qualifications include proficiency in FHA, VA, USDA, Fannie Mae and Freddie Mac guidelines, along with experience with Encompass LOS and a strong understanding of TRID guidelines. This is a fully remote or hybrid position.
About Rapid Mortgage
Rapid Mortgage requires a Bilingual Loan Processor to clear Underwriting conditions and engage with borrowers and team members.