Assistant Processor

Purpose of Classification:  The Assistant Processor works with Processors and Loan Officers to prepare loan application for processing and collects and reviews required documentation.

Examples of Duties:

• Stack and prepare loan package for submission to Processor within 48 hours from time received.
• Verify the initial disclosures are in compliance and resend any missing or unsigned disclosures to client.
• Use available resources to order case numbers, obtain CAIVRS, certifications of eligibility, check LDP and GSA lists.
• Order required third party items including, but not limited to appraisals, prelim, credit supplements, fraud reports, homeowner’s insurance, tax transcripts and verifications of employment (VOEs), verifications of mortgage (VOMs), verification of deposit (VODs), and verification of rent (VORs), as needed.
• Follow up to ensure that all required documentation is received and accurate.
• Contacts clients and borrowers, if needed.
• Take direction from and assist Processor to ensure that closing deadlines are met in a timely manner.
• Perform other duties as assigned.

Supervisory Responsibilities:

• This position has no supervisory responsibilities.

NOVA® is an Equal Opportunity Employer and does not discriminate based on race, color, religion, national origin, sexual orientation, gender, pregnancy, age, disability, or any other protected classification under federal or state law.  Reasonable accommodations may be made for persons with disabilities.  Please contact Nova®’s Human Resources Department if you have any questions or concerns regarding any employment related issue.

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

Minimum Qualifications:

• High School Diploma or GED is required.
• A minimum of one (1) year of recent experience processing loans is preferred.
• One year of experience in a field requiring customer service is preferred.

Knowledge, Skills, and Abilities:

• Knowledge of applicable federal, state, and local laws, rules, and regulations in order to ensure compliance.
• Ability to maintain high level of confidentiality regarding private, trade secret and proprietary information.
• Excellent attention to detail skills.
• Knowledge and understanding of computer software programs such as Microsoft Word, Excel, and Outlook as well as mortgage loan origination software.
• Effective oral and written communication skills.

Working Conditions and Physical Requirements:

• The working conditions are inside an office and not usually exposed to the elements.
• The noise level is low to moderate.
• This position is regularly required to sit and work in front of a computer.
• Must be able to talk on the phone, and read, write, and speak English.