Loan Processor

Exciting opportunity for Loan Processors in Sacramento.
Coordinate and communicate information with member, loan officers and vendors for loan transaction matters such as: loan amount, lock process, counteroffers, and purchase agreement.
Review and calculate income, tax returns, and funds verification(assets) from documentation received in accordance with investor guidelines.
Coordinate ordering of title reports, flood certificates, and appraisal requests. Review documentation for accuracy in regards to Mortgages.
Update Underwriter on calculations, appraised values and funds prior to final submission to underwriting team.
Remain aware of guidelines regarding FNMA, G1GU, FHA, PERS products.
Three years or more of experience in a financial institution conducting Home Loan duties handling routine to complex processes.
Loan Processing experience within the last 3-4 years.
Experience in purchase transactions and investment properties.
Strong credit analysis and research skills critical to escrow and real estate actions. Strong oral and written communication skills.

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The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.