CIT Group Inc.

Sr. Loan Processor

Location US-CA-Pasadena
Job ID
32632
# Positions
1
Job Family
Originations Support - Contracts Administration
Type
Full-Time

Overview

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.

Responsibilities

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  • Processing FHA, Conventional and Jumbo loans, verifying accuracy of documents received and reviewing loan files, to ensure all documents are received and correct.
  • Current FHA processing Experience required.
  • Able to determine income for salaried borrowers and basic knowledge of self-employed borrowers
  • Determining which documentation is needed to complete the loan files.
  • Calling borrowers, real estate brokers, and title companies to request specified documents, such as receipt for payment of outstanding tax bill.
  • Contacting outside vendors and requesting necessary documents.
  • Determining appropriate course of contact (phone, fax, e-mail, written request, etc.)
  • Calling borrower, broker and other specified individuals to provide status updates and arrange time and date for closing.
  • Handling customer inquiries, providing information regarding missing documents and loan status.
  • Keeping up to date of all policies and procedures

Qualifications

  • 5+ years of experience with a broad understanding of all facets of mortgage loans or equivalent combination of experience, education, and/or training as an Associate Loan Processor, Loan Processor and/or Senior Loan Processor.
  • Knowledge of Loan Processing and Underwriting.
  • Ability to organize and coordinate projects.
  • Excellent Customer Service skills.
  • Ability to adapt to change.
  • Works well under time constraints.
  • Computer literate.
  • Consistency in order to ensure service levels are met

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