Processor Assistant
ALCOVA Mortgage
Staunton, VA US
Posted ago
ALCOVA Mortgage

The Processor Assistant position plays an integral role in the mortgage origination loan process within ALCOVA Mortgage. This position is responsible for reviewing and validating all information presented by the Loan Officer for the set up of new files. The Processor Assistant works closely with other PA's and Processors to ensure loan applications are thoroughly completed and adhere to Company, investor, and industry-established standards. The ideal ALCOVA teammate must have excellent 'people skills and be driven with the desire to ensure every application is handled with excellent care and attention.


Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

  • Reviews New Loan Applications through Encompass to determine if all information given by Loan Originators/Assistants are correct, including but not limited to; supporting documents, contract, and all package disclosures
  • Orders all third-party reports including, but not limited to Tax Transcripts, Preliminary Title Reports, Payoffs, Employment Verifications, Homeowners information (HOI), and Appraisals
  • Utilizes the Encompass Task List to Support Loan Processors in all areas needed/requested
  • Maintains loan information confidentiality
  • Communicates to Team Lead if unable to achieve a timeline or to resolve an error
  • Escalates any suspected fraudulent files to Compliance Team


  • A high school diploma or equivalent education is required
  • Ability to adapt to changing environments, situations, and job responsibilities
  • Ability to prioritize complex diversified responsibilities and multi-task in a fast-paced environment
  • Must be willing to assist teammates and build strong relationships with Loan Officers and Operations team members to achieve closing goals
  • Self-starting, self-reliant, highly motivated, ambitious, dependable, and driven to succeed
  • Technologically savvy and comfortable learning new computer systems and programs
  • Knowledge of Encompass software is strongly preferred
  • Strong attention to detail and accuracy
  • Able to understand and respond appropriately to basic inquires
  • Able to access, input, retrieve, and interpret information using applicable computer systems (including, but not limited to, Microsoft Word, Excel, Outlook, industry-specific computer software, etc.)
  • Works well under general supervision
  • Compliance with all Bank Secrecy Act (BSA), Anti-Money Laundering (AML) laws, and Office of Foreign Asset Controls (OFAC) requirements is required. Employees must complete annual training in these areas


$20 hourly
About ALCOVA Mortgage

Most companies start with a business plan. ALCOVA Mortgage started with a friendship. Bound by common background and inspired by a passion to serve, childhood friends Bobby Nicely, Billy Siple and Rob Lindstrom dreampt of one day starting a business.

In 2003, the trio joined together to establish a mortgage company—ALCOVA—an acronym for Alleghany County, VA, in honor of their roots.

In 2012, ALCOVA Mortgage made its debut on the Inc. 5000 list of fastest-growing private companies in the United States and has been recognized every year since. The company’s phenomenal growth of 96% in three years propelled it into the league of such legendary businesses that gained notoriety on the prestigious list as Dell, Microsoft, LinkedIn, Pandora, Timberland, Zillow, Yelp, and Domino’s Pizza.

Today, ALCOVA continues to thrive, largely because of its roots in friendship and the passion to serve.

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