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Company: LitFinancial
Location: Troy, MI
Position Type: Full Time
Reports To: Director of Operations
LitFinancial is on a mission to be the most client focused mortgage company in the industry. As of 2025, LitFinancial has earned a perfect 5-star review with the Better Business Bureau and a 4.9 rating with hundreds of reviews from Google by delivering a world class experience. LitFinancial is a dynamic organization built with go-getters who are passionate, hardworking, and honest which fuels an incredible environment.
Position Overview:
As a Senior Loan Processor, you will manage a high-volume loan pipeline from submission through clear to close with minimal supervision. Â You will act as a subject matter expert and resource to junior processors, ensuring accuracy, compliance, and client satisfaction. Â This role requires deep knowledge of mortgage guidelines and strong communication with internal and external partners.
Key Responsibilities:
- Independently process and manage a pipeline of complex Conventional, FHA, and VA loans.
- Analyze and verify all loan documentation for accuracy and compliance.
- Review and satisfy underwriting conditions and communicate requirements clearly to clients.
- Coordinate effectively with loan officers, underwriters, and closers to ensure timely closings.
- Maintain compliance with TRID, RESPA, and company guidelines.
- Mentor and support junior processors, providing guidance and training as needed.
- Identify process improvements and contribute to team efficiency initiatives.
Qualifications
- 1–2 years of mortgage loan processing experience (Conventional preferred; FHA/VA a plus).
- Deep understanding of mortgage lending regulations, TRID, DU/LP, and investor requirements.
- Advanced proficiency in LOS systems (LendingPad, Encompass, or equivalent).
- Exceptional organizational and communication skills with the ability to prioritize under pressure.
- Strong problem-solving abilities and a proactive approach to issue resolution.
- High school diploma or equivalent (college degree preferred).
- Competitive salary and performance-based bonuses
- Health, dental, and vision insurance
- 401(k)
- Paid time off and holidays
- Supportive and collaborative team environment
- Career growth opportunities within LitFinancial
Learn more about this Employer on their Career Site
