Join our Talent Network
Skip to main content

Purchase Loan Processor - Direct

Location: Santa Ana, CA, United States
Req ID: 7389

Job Description

Description

When you click 'Apply', you will need to click on 'Create Account'.  By creating an account, you will be able to view your applications and their statuses.  Your password must contain 8 characters, 1 upper case letter, 1 number and 1 special character. Please make sure your name is formatted correctly and not in all uppercase.

Check It Out!

Ready to be a Cooper too? This might just be right up your alley!

We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.

This position is responsible for receiving new loan submissions and coordinating the closing of the loan within a specified time frame. The daily functions include but are not limited to, verifying borrower’s information, verifying loan rates, and collecting all necessary data.

Roles & Responsibilities:

  • Makes introductory call to borrower upon receiving the loan file and continues communication throughout the process of the loan.
  • Verifies with Borrower accuracy of all information entered into Mortgage Online system (MOL) and Dashboard when required.
  • Verifies receipt of welcome kits, preliminary loan disclosures and application.
  • Verifies and documents all AUS requirements and resubmits.
  • Submits loan files to the Underwriting Department and clears all underwriting conditions.
  • Reviews with borrower estimated final HUD-1 and confirms loan transaction detail.
  • Prepares and sends out loan closing documents to closing agent in a timely manner to coincide with scheduled signing date.
  • Prepares and submits loan file to funding department and clears all funding conditions.

Core Requirements:

  • Candidate must have high school diploma or equivalent.
  • A minimum of one year mortgage processing experience

Mr. Cooper is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self.  We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive.  Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation.  We strive to weave the principles of diversity and inclusion throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.

Job Requisition ID:

7389

Job Category:

Originations

Primary Location City:

Santa Ana

Primary Location Region:

California

Primary Location Postal Code:

92705

Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

Line of Business:

Origination

Additional Posting Location(s):

Alternate Requisition:

No

Summary

The Purchase Loan Processor is responsible for the timely and accurate processing of mortgage loan files according to established work flow, procedures, and regulations. The Purchase Processor is expected to manage a caseload of 22+ loan files at any one time, each with a minimal or moderate amount of complexity.
Share: mail

Similar Jobs

Underwriting Manager

Santa Ana, CA, United States
Origination

Manager Processing Assistants - Direct

Santa Ana, CA, United States
Origination

Processing Assistant Team Lead

Santa Ana, CA, United States
Origination

Disposition & HMDA Analyst

Santa Ana, CA, United States
Origination

Sales Manager - Direct

Santa Ana, CA, United States
Origination

Loan Processor I - Remote Direct

No City, IN, United States
Origination

Principal Incubation - Sales

Santa Ana, CA, United States
Origination

Principal Incubation - Ops

Santa Ana, CA, United States
Origination

Manager Purchase Sales-2

Santa Ana, CA, United States
Origination

Funding Assistant

Santa Ana, CA, United States
Origination

Underwriter II

No City, ND, United States
Origination

Remote Underwriter II

Santa Ana, CA, United States
Origination

Remote Underwriter III

Santa Ana, CA, United States
Origination

Remote Underwriter II

Santa Ana, CA, United States
Origination

Purchase Processing Assistant

Santa Ana, CA, United States
Origination

Mortgage Processing Team Lead

Santa Ana, CA, United States
Origination

Conventional Underwriter

Santa Ana, CA, United States
Origination

Mortgage Loan Processor

Santa Ana, CA, United States
Origination

Mortgage Processing Assistant

Santa Ana, CA, United States
Origination

Streamline Loan Officer

Santa Ana, CA, United States
Origination

Mortgage Loan Officer

Santa Ana, CA, United States
Origination

Mortgage Loan Processor

Santa Ana, CA, United States
Origination

Mortgage Loan Processor

Santa Ana, CA, United States
Origination

Purchase Loan Processor - Direct

Santa Ana, CA, United States
Origination

Interested in working for Mr.Cooper?
Take the first step by joining our Talent Network today!

Sign me up!