Job Details

Job Type

Full-time

Description

The Mortgage Loan Processor is responsible for managing the loan file from the time of application through final approval. This role requires attention to detail, strong organizational skills, and the ability to communicate effectively with borrowers, loan officers, underwriters, and third-party vendors to ensure loans are processed accurately and efficiently while meeting all regulatory and compliance requirements.

Key Responsibilities:

• Review mortgage loan applications for completeness and accuracy.
• Gather and verify required documentation from borrowers, including income, assets, liabilities, and credit information.
• Order and track third-party services such as appraisals, title work, and verifications of employment.
• Maintain regular communication with borrowers, loan officers, underwriters, and other parties to provide status updates and request additional information when needed.
• Review credit reports, income documentation, and asset statements to ensure compliance with lending guidelines.
• Prepare and submit complete loan packages to underwriting for approval.
• Monitor loan pipeline to ensure timely processing and adherence to deadlines.
• Ensure all documentation complies with federal, state, and investor regulations, as well as company policies.
• Address any underwriting conditions in a timely manner by working with the borrower and loan officer.
• Coordinate loan closings with all involved parties, ensuring a smooth and efficient process.
• Maintain accurate and organized records in the loan origination system.
• All other related duties as assigned.

• High school diploma or equivalent required; Associate's or Bachelor's degree in finance, business, or a related field preferred.
• Minimum of 2 years' experience in mortgage loan processing, lending, or a related financial services role preferred.
• Strong understanding of mortgage loan products, guidelines, and compliance regulations.
• Proficient with mortgage loan origination systems (LOS) and Microsoft Office Suite.
• Exceptional organizational skills with the ability to manage multiple files and deadlines simultaneously.
• Strong verbal and written communication skills.
• Detail-oriented with a commitment to accuracy and quality.
• Ability to work independently as well as collaboratively in a fast-paced environment.

• Standard office environment with occasional remote work as approved.
• May require extended hours to meet deadlines.

• Prolonged periods of sitting at a desk and working on a computer.
• Ability to lift up to 15 pounds occasionally.