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Mortgage Processor - Charlotte

Griffin FundingCharlotte, North Carolina, United States
On-site Full-time $45K/yr - $120K/yr

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Experience Level

Experience

Qualifications

Key Skills and Experience Required:2+ years of experience in processing residential loans, focusing on NON-QM products such as DSCR and Bank Statement loans. Familiarity with Loan Origination Systems (LOS) and ability to analyze credit reports swiftly. Strong understanding of program guidelines and investor overlays. Exceptional pre-underwriting capabilities with attention to detail. Ability to calculate complex income accurately and efficiently.

About the job

Take Charge of the Process. Get Rewarded for Your Impact.

At Griffin Funding, we value our Mortgage Processors as key players who drive multi-million dollar transactions to completion. Unlike other firms that see processors merely as support staff, here you are recognized as a crucial operator with the opportunity to earn accordingly.

Your Earnings Potential

Our processors successfully fund 15-20 Non-QM loans monthly, resulting in bonuses ranging from $3,750 to $5,000 on top of their base salary. Top performers regularly achieve monthly earnings exceeding $10,000. Your bonus structure is performance-driven, factoring in pull-through rates, borrower satisfaction, and five-star feedback. Precision in execution is rewarding.

Why This Role Stands Out

You're more than just a document collector. You pre-underwrite each file prior to submission, identifying guideline discrepancies, income miscalculations, and property concerns before they reach underwriting. You think ahead on every loan, ensuring a smooth process.

You tackle complexities that many processors never encounter. This includes bank statement income, P&L programs, DSCR investor loans, multiple property scenarios, and self-employed borrowers with fluctuating compensation. This is not your standard Fannie Mae processing. You're developing in-depth expertise.

Your insights are valued. When a loan officer presents a challenging deal, you're the expert who assesses its viability. You understand the guidelines and anticipate underwriting flags. You are a strategic partner in the lending process.

Desired Qualifications

Relevant Experience. We seek candidates with a minimum of 2 years of experience processing residential loans specifically in NON-QM Loans, including DSCR and Bank Statement loans, within the last two years. Familiarity with an LOS system, rapid credit report analysis, and understanding of program guidelines versus investor overlays are essential.

You excel at pre-underwriting. You proactively catch DTI errors before they escalate into conditions. You identify income calculation discrepancies in applications and can predict appraisal outcomes even before they are ordered. You review files with the analytical mindset of an underwriter.

You accurately assess complex income scenarios. If a borrower is self-employed, you're adept at analyzing 1040s, Schedules C, K-1s, and applying depreciation add-backs. For variable compensation, you know how to average it responsibly and document its stability. Bank statements? You apply the correct percentage and structure for evaluations.

About Griffin Funding

Griffin Funding is a forward-thinking mortgage company that prioritizes its employees and values their contributions. Our team operates in a dynamic environment where Mortgage Processors play an essential role in closing deals and ensuring client satisfaction. We offer competitive compensation and a supportive culture that fosters professional growth and expertise development.

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