Loan Processor in Richfield, MN at Signature Consultants

Date Posted: 9/18/2020

Job Snapshot

Job Description

Loan Processor Summary:

Signature Consultants is seeking a Loan Processor for an opportunity in Richfield, MN. The Loan Processor will process loan applications for single family homes through retail. This will include reviewing files to see what is missing and submitting files to underwriting.


  • At least 2 years mortgage experience
  • Knowledge of TRID timing
  • Knowledge of Loan estimates
  • Associates degree or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience
  • Ability to read and comprehend simple instructions, short correspondence and memos
  • Ability to write simple correspondence and e-mails with proper grammar and sentence structure
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals
  • Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form
  • Processing experience is a plus.


  • Orders all items necessary for loan file, i.e., insurance, flood certificates, good standings, title policies if necessary
  • Writes correspondence letters to borrowers, escrows/attorneys, title companies, insurance companies, etc.
  • Works closely with title and attorneys and escrow companies to close deals efficiently and timely.
  • Reviews preliminary title reports/title commitments
  • Prepares loan files for funding and boarding
  • Continually follows-up with Business Developments Officers to ensure clean and efficient loan closings
  • Follows-up with loan officers regarding completeness of loan conditions
  • Coordinates multiple files for closing concurrently, or within a short period of time

About Signature Consultants, LLC

Headquartered in Fort Lauderdale, Florida, Signature Consultants was established in 1997 with a singular focus: to provide clients and consultants with superior staffing solutions. For the ninth consecutive year, Signature was voted as one of the "Best Staffing Firms to Work For" and is now the 14th largest IT staffing firm in the United States (source: Staffing Industry Analysts). With 28 locations throughout North America, Signature annually deploys thousands of consultants to support, run, and manage their clients' technology needs. Signature offers IT staffing, consulting, managed solutions, and direct placement services. For more information on the company, please visit Signature Consultants is the parent company to Hunter Hollis and Madison Gunn.