Loan Processor IV - Mortgage Lending; HYBRID

Work Location

Charlotte, North Carolina, United States of America

40

$24.00 - $33.50 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience  compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate’s skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Personal & Commercial Banking

The Loan Processor IV provides support to the lending areas by reviewing the accuracy of mortgage and consumer loans from conditional approval to closing.

Please note the locations associated with this posting. Position will be hybrid 4x per week in the near future.

• Reviews all required documents, such as borrower documents, D/U & LP findings, title and HOI for submission
• Orders and follows up on all Third‑Party needs. HOI, title, 4506T, payoffs, written verifications, subordinations etc
• Processes most complex loans such as self‑employed income, CEMA, condos and co‑ops, Government, Right‑Step, Jumbo and Wealth
• Owns borrower communication on loan file from conditional approval to closing.
• Reviews all required documents, such as borrower documents, D/U & LP findings, title and HOI for submission
• May order or facilitate for ordering responsible for follow up and receipt of HOI, title, 4506T, payoffs, written verifications, subordinations etc
• Validate all documents required by underwriting are present, accurately indexed and meet the stated underwriter requirements
• Ensure all data fields required by underwriting are complete
• Resolve 3rd party conditions on the loan
• Interact with vendors providing service on the loan transaction, obtain necessary documentation including Home Owners Insurance providers, Title companies, Home Owners Associations
• Ensure all services required for the loan transaction are ordered timely
• Document all interactions on the loan transaction
• May assist in training other Loan Processors
• Expert system, industry and process knowledge
• May coach and mentor junior processors
• May assist junior processors in processing loans
• May pre‑underwrite files
• May function as manager delegate in certain circumstances
• May serve as a subject matter expert for special projects

• High school diploma or GED
• 5 plus years loan documentation experience
• Demonstrated knowledge of Bank loan products and policies
• Demonstrated knowledge of lending software
• Detail‑oriented with the ability to multitask
• Ability to handle heavy workload and meet stringent deadlines
• Outstanding oral and written communication skills, with ability to interact effectively with all customers, both internal and external
• Solid knowledge and understanding of states regulations
• Proficient PC skills

• 3-5 years loan processing experience
• Experience processing Government loans, FHA, VA and USDA
• Prior experience with Encompass

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support.

We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the…