Essential Responsibilities:
- Review new loan submissions for completeness.
- Submit new loans for approval.
- Run AUS.
- Review processed submissions before submitted to underwriting.
- Review all Tax and income Forms: 1040, 1065, 1120, VOE, W2, paystubs, and 1099s.
- Contact and inform the customer the status of their file. Collect additional information needed.
- Review items needed on conditional approval.
- Review system for accuracy and ensure all items needing final approval have been collected.
- Submit loan for final approval to underwriting.
- Prepare LE to send to borrower.
- Request CD and Closing Package.
- Constantly update BYTEPRO system with comments and update AMWEST in-house tracking software.
- Ensure BYTEPRO system is always updated with status and investor.
Required Knowledge, Skills, and Abilities:
- Minimum of 3 years of recent experience as a Loan Processor in a residential mortgage, Re-Fi, Purchase, or New Construction.
- Working knowledge of processing loans for FHA, VA, and other government agencies.
- Ability to handle a heavy workload.
- Highly detailed and organized with ability to multi-task.
- Strong written and verbal communication skills with coworkers and clients.
- Comprehension of FNMA, FHLMC, and other agency and other investor guidelines.
- Mathematical proficiency.
- Computer knowledge (DU, LP, Microsoft Outlook & Windows, Encompass, or equivalent).
- Proficient with tax return/income calculations for loan qualifications: 1040, 1065, 1120, VOE, W2, and 1099s.
- Proficient with tax return income calculation for loan qualification.
Preferred Qualifications:
Equal Employment Opportunity / AAP Policy Statement
AmWest Funding Corp. (NMLS #167441) is an equal employment opportunity employer and will not discriminate against any employee or applicant for employment in an unlawful manner. Employment with AmWest Funding Corp. is “at-will.”