Loan Opener

Join a winning team of innovative thinkers, seasoned mortgage professionals, and financial experts. Build your career at Planet—recognized as a Top Mortgage Employer by National Mortgage Professional.

Job Summary

The primary purpose of the Loan Opener position is to receive loan application submissions into the Loan Processing system. This position is responsible for receiving and updating critical loan data within the system and setting up the loan file for processing in an accurate compliant manner.

Essential Duties and Responsibilities

• Reviews loan files to ensure compliance with regulations and policies and departmental productivity and quality requirements.
• Manages email communication with Brokers, Account Managers and Account Executives to request documentation and set expectations.
• Performs accurate and complete data input into Point of Sale or Loan Origination system.
• Requests needed documentation from third party sources and provide follow up within regulatory guidelines.
• Assists the processing staff with other tasks or projects as needed.
• Performs other duties as assigned.

Position Requirements

Education

• High school diploma or equivalent required

Experience

• Minimum of two years of Mortgage/Banking experience required
• Full understanding of Wholesale loan documents preferred

Functional/Technical Skills

• Working knowledge of investor guidelines
• Experience using Microsoft Outlook, Word and Excel
• Effective verbal and written communication skills
• Displays strong organizational skills and manages time effectively
• Ability to multi-task and deal with competing priorities
• Ability to meet deadlines
• Ability to adapt to a changing environment

Environmental/Physical Demands

Work is typically performed in a standard office environment. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sustain predictable work attendance, communicate with others, frequently required to stand, walk, sit, and use arms, hands and fingers to reach, handle or touch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus. Pursuant to the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of an employee. The Company reserves the right to amend or modify this document at any time and without notice.

Benefits

Our benefits package includes 3 comprehensive Cigna or Kaiser medical plans, dental, and vision insurance. We provide short term and long-term disability insurance, basic life insurance, 401(k), and 11 employer paid holidays. In addition, we offer supplemental benefits to include life insurance, critical illness and accident plans.