Loan Processor - Loan Partner Direct Submit

Summit Funding, INC

Denver, CO, USA

Full time

$20-36 (hourly)

Mar 4

This job is no longer accepting applications.

This position is available to work in either our Westminster or Greenwood Village Location.

Starting pay rate ranges between $20-$36/hr DOE and includes the potential to earn monthly bonuses based on production.

Who we are:

Summit Funding is a privately-owned, national mortgage company that has been in business for over 25 years. We are not the biggest, but we strive to be the best. We are proud to play a part in making the dream of home ownership a reality. Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.

Click here to view a video featuring Todd Scrima, our founder and CEO, where he discusses how we have been able to maintain this stability over our 25-year history.

Summit Stability

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What we have available:

This position is for you if you LOVE the mortgage industry and you are an experienced, highly detail-oriented Loan Officer Assistant or Loan Processor with excellent relationship building skills who enjoys the interaction with borrowers and clients.  The Loan Coordinator I will work with the Loan Officer, Loan Partner, Underwriter, Closer, Borrower and Business Partner to ensure the successful on time and smooth origination and closing of the home loan.

What you would be doing:

  •  Facilitate introductions to Realtors for new clients and calls from the Loan Officer to ensure positive customer service.
  •  Understand and research investor guidelines and remain up to date in any and all program changes that impact the processing or origination of loans in the pipeline.
  •  Solve escrow issues without involving the Loan Officer when possible.
  •  Collect all needed documentation for loans.
  •  Documentation to include: Verifications of Deposit (VOD), Verifications of Employment (VOE), appraisal, title, etc. as appropriate.
  •  Answer all borrower questions or refer to Loan Officer as needed.
  •  Verify loans are complete and submit to Underwriting based on Investor and/or Automated Underwriting System (AUS) requirements within 24 hours of receipt of documents.
  •  Clear any conditions that require communication to title companies, appraiser, employers, surveyors, etc.
  •  Collect all necessary items needed to prepare the Closing Disclosure (CD), and ensure timely drawing and delivery of the CD in order to meet the expected close of escrow.
  •  Ensure closing instructions and documents have been released to title 72 hours before closing, and a final settlement statement is issued to the Loan Officer or team 48 hours prior to closing.
  •  Review all closing statements and compare to signed Good Faith Estimate (GFE) before signings, and correct discrepancies where needed.
  •  Meet with clients to sign loan documents.


What we need from you:

  •  Two to three years of experience mortgage processing, underwriting, originating, or combination of all aspects is preferred.
  •  Proficiency in Desktop Underwriter/Desktop Originator (DU/DO), Loan Prospector (LP), and major Originating systems. Encompass experience preferred.
  •  Proficiency with major correspondent and wholesale channels and their guidelines, including websites and pricing engines.
  •  High school diploma or equivalent.
  •  Must have excellent verbal and written communication skills.
  •  Must be able to work a full time standard 40-hour work week, plus potential overtime as necessary in our professional office.

What we offer you:

  • Opportunity to further a career in a competitive, fast paced growing industry where you can make a difference in people’s lives.
  • Unlimited earning potential based on performance.
  • Full benefits including medical, dental, vision, 401K plus match, 10 paid holidays, paid time off and more.
  • Fun team atmosphere, professional development and more.


Summit Funding, Inc. (NMLS #3199) is a full service mortgage lender offering expertise in every area of residential mortgage lending; including purchases, refinancing and construction lending. We have built a strong reputation as an outstanding mortgage firm that serves the lending needs of real estate professionals, builders and individual home buyers throughout the Country. We pride ourselves on our positive culture at Summit Funding, and we know that our diligence in hiring only the best candidates is largely responsible for this culture. Summit Funding has approximately 85 Branch and Satellite Offices in 20+ States and a workforce of over 1,000 Team Members. Compensation for this position will depend on experience. Summit Funding offers a complete compensation package including Medical/Dental/Vision insurance, 401K, Paid Time Off, Flex Spending, Etc. Please do not contact our office for additional information and please do not apply unless you meet ALL the minimum qualifications above. Summit Funding is an Equal Employment Opportunity Employer.

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