Loan Processor in Campbell, CA at Signature Consultants

Date Posted: 10/28/2020

Job Snapshot

  • Location:
    Campbell, CA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Loan Processor Summary:

Signature Consultants is seeking a Loan Processor for an opportunity with a client in Campbell, CA. The Loan Processor prepares and processes mortgage loan records, files and correspondence from application through final approval. Assures compliance with bank, regulatory and investor guidelines and customer service standards. Communicates with customers, internal staff, brokers, counsel, title companies, etc. to respond to inquiries, resolve problems and obtain all necessary documentation required for the file.

Time Schedule: 8:00 - 5:00

Description: Responsible for processing retail mortgage loans from the time of application through final approval, maintaining contact with all internal and external parties, and receiving/reviewing all necessary documents.

Essential Functions:

  • Orders all third items necessary for loan file, i.e., insurance, verification of employment, verification of mortgage/rents, credit supplements, etc.
  • Main point of contact with the borrower, keeping them apprised of the status of their loan, following up on conditions, and answering questions/concerns.
  • Reviews preliminary title reports/title commitments/appraisal reports/insurance policies to ensure they meet all requirements.
  • Prepares loan file for initial/final underwriting review and for delivery to our closing department.
  • Continually follows-up with borrowers and third party agents every to ensure that documents are received/reviewed/approved in a timely manner.
  • Manages a pipeline of 25 - 30 loans, closing a minimum of 10 non HELOC loans or 50% of their starting pipeline.
  • Completes necessary compliance checklists throughout the life of the loan to ensure that complete files are submitted throughout the process and regulatory/compliance are met.
  • Loan types (FHA, VA, Bond, conventional, USDA, DPA, etc.) - mostly conventional, FHA, VA - bonus.


  • High school Diploma or equivalent.
  • Two to three years of experience in retail processing.
  • Well-developed ability to manage multiple tasks/projects and deadlines simultaneously.
  • Strong verbal and written communication skills.
  • Thorough knowledge of loan processing and closing policies, procedures, documents, underwriting requirements, governmental and agency requirements, terminology, and automated processing systems.
  • Thorough knowledge of credit policies and approval processes.

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.