Loan Processor

The Loan Processor is responsible for reviewing loan applications, creating condition checklist, reviewing conditions with borrowers and clearing conditions.  The Loan Processor is also expected to work within Loan Counselor/Closing team and be available for customer contact as needed.

Functions and Responsibilities

55% Process Loans

• Occasionally work on FHA/VA loans
• Utilize technical knowledge of the mortgage industry in unison with specific knowledge of relocation policies and practices to underwrite loan files, collect and review documentation and create loan decisions to ensure the highest level of customer service
• Make independent decisions based on interpretations of mortgage lending guidelines to create condition checklists and communicate with borrowers to acquire required conditions
• Analyze data and appraisals specific to providing secondary with loans acceptable to the secondary market
• Deliver loans, which are in purchasable condition, to the Secondary Department
• Submit loans through underwriting systems, underwriters and/or investors for approval

40% Communicate with Borrowers & Interested Parties

• Interface with team including Borrower, Loan Counselor and Closer
• Rely on technical knowledge of mortgage industry to communicate approval process to borrowers and provide critical information to enable them to understand the process
• Rely on skills to communicate and interact with agents, underwriters and team to provide key information to borrowers to successfully bring loans to closure

5% Training    

Complete all positional skills sets presented in the Training Program

Qualifications and Preferred Skills

• Mortgage Banking or related field with loan operations experience preferred
• Annual volume of 200 closed loans

• Expectations include maintaining scores of at least 75% or higher on all position metrics
• Have a basic knowledge of the mortgage process

Education and Certification Requirements

•           High School diploma required

•           College degree preferred

At Sirva, we are committed to fair and transparent compensation practices. In accordance with applicable state and federal laws, we provide the following salary information for this position:

• Position Title: Loan Processor
• Salary: $52,500 USD
• Benefits: Comprehensive benefits package that includes Medical, Dental, Vision, 401(k), FSA/HSA, Employer HSA Match, Life & Disability Insurance, Paid Time Off, Volunteer Time Off, ID Theft Protection Plan and more. Benefits are based on employment status and may not be available for temporary or non full-time employees

Salary ranges may vary based on location, market conditions, and other factors such as experience and qualifications. The final compensation will be determined during the hiring process based on these considerations.

For positions available outside the United States, salaries will take into account local currency and market conditions, which may differ from the USD salary range. If you have any questions about salary or benefits, we encourage you to ask during the hiring process.

• Artificial Intelligence Usage: Artificial intelligence tools may be used to assist with administrative tasks such as notetaking and advanced candidate searches during the recruitment process. All screening, assessment, and hiring decisions are made by human recruiters and hiring managers.

• Vacancy Status: This posting reflects an existing vacancy within our organization.

Sirva Worldwide, Inc. provides HR and mobility professionals with the resources, guidance, and support they need to achieve the best possible relocation for talent, and for the companies that move them. As a leading global relocation management and moving services company, we bring together personalized program solutions, expansive global reach, innovative technology, and an unmatched supply chain to transform businesses of any size and empower talent moving to their next opportunity. From corporate relocation and household goods to home sale and commercial moving and storage, our portfolio of brands (including Sirva, Allied, northAmerican, Global Van Lines, Alliance, and Sirva Mortgage) provide everything needed to move talent and deliver experience.

Sirva is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, military status, genetic information or any other consideration made unlawful by applicable federal, state, or local laws. Sirva also prohibits harassment of applicants and employees based on any of these protected categories. 
 
It is also Sirva's policy to comply with all applicable state and federal laws respecting consideration of unemployment status in making hiring decisions. The Federal EEO Law Poster may be found at http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. 

If you need a reasonable accommodation because of a disability of any part of the employment process, please send an email to Human Resources at HRSirva@Sirva.com and let us know the nature of your request and your contact information.