Loan Processor (Bilingual - Spanish) (Wayne, PA)

Job Description – Loan Processor (Bilingual - Spanish/English)
Effective Date: June 2024
Job Title: Loan Processor
Reports to: Processing Team Lead
Salary: $23.00 - $25.00 per hour + monthly incentive

Join the Vanguard of Financial Innovation with autoMHatic Financial!
Backed by Private Equity (PE), autoMHatic Financial is leading the charge in revolutionizing the specialty lending industry of Manufactured Home loans. Formerly known as Tammac Holdings Corporation, our legacy spans over 40 years, during which we've proudly originated over $1.3 Billion in loans.

But that's just the beginning of our story. We're embarking on an exciting transformation, ushering in a new era of financial services. Our focus? Launching innovative products, streamlining processes through automation, and harnessing the power of technology to redefine speed, service, and solutions for our valued customers.

At autoMHatic Financial, we're pioneers in our field. With instant loan decisions and a cutting-edge mobile app, we're not just adapting to change—we're driving it. Our goal? To dominate the Manufactured Homes lending space and set new standards of excellence.
Ready to be part of something extraordinary? Join us as we shape the future of finance, one innovative solution at a time. Explore our exciting career opportunities today!

Summary:
The Loan Processor manages and reviews manufactured housing real estate loan documentation to ensure it is completed and complies with company policies and regulations. The Loan Processor works closely with borrowers, dealers, underwriters, and the Tammac Inside and Outside Sales teams.

Supervisory Responsibilities:

• None

Duties and Responsibilities:

• Review and enter loan applications into the Loan Origination System
• Prepare required disclosures.
• Gather all documentation and information for the loan, including all approval conditions required by the underwriter.
• Submit and follow up on orders placed with third-party service providers
• Maintain and manage loan files
• Communicate with all parties involved in the transaction, including but not limited to underwriters, attorneys, title companies, appraisers, and dealers, to move the loan efficiently and accurately from application to settlement.
• Perform other related duties as assigned

Skills/Abilities:
Communication Skills: Spanish and English fluent, excellent verbal and written communication skills.
Follow-Up: Strong ability to follow up on assigned loans, maintaining consistent communication and record keeping.
Database Management: Proficiency in data entry and experience with database management systems to maintain accurate records.
Adaptability: Willingness to take on additional responsibilities as assigned, demonstrating flexibility and the ability to thrive in a fast-paced environment.

Education and Experience:

• High School Diploma required/College Degree (preferred)
• One year of related experience or an equivalent combination of education and experience that meets the required knowledge, skills, and abilities
• Call center environment preferred

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times

Schedule:

• Monday to Friday
• 40 hours per week/day shift
• Full-time – Non-Exempt

Benefits:

• Dental Insurance
• Health Insurance
• Life Insurance
• Paid time off
• Vision Insurance
• 401K

Work Location:

• In-Office in Wayne, PA Office

Department: Operations
This is a non-management position
This is a full time position