Mortgage Processor

About the job Mortgage Processor

Job Summary

We are seeking a detail-oriented and organized Mortgage Processor to join our dynamic team. The ideal candidate will play a crucial role in the mortgage lending process by ensuring that all loan documentation is complete, accurate, and in compliance with regulatory guidelines. This position requires strong analytical skills and a solid understanding of financial services, loan origination, and underwriting processes.

Responsibilities

Review and verify loan applications and supporting documentation for accuracy and completeness.

Conduct credit analysis to assess borrower eligibility and risk factors.

Collaborate with loan officers to gather necessary information for loan processing.

Prepare and submit loan files to underwriting for approval.

Maintain communication with clients, real estate agents, and other stakeholders throughout the mortgage process.

Ensure compliance with FNMA guidelines and other regulatory requirements during processing.

Track the progress of loans in the pipeline and provide updates as needed.

Resolve any issues or discrepancies that arise during the processing phase.

Requirements

Proven experience in mortgage processing or a related field within financial services.

Strong knowledge of loan origination processes, credit analysis, and underwriting standards.

Proficiency in math skills to accurately calculate financial ratios and metrics.

Familiarity with banking operations and contract management related to mortgage loans.

Excellent attention to detail and organizational skills to manage multiple files simultaneously.

Strong communication skills, both written and verbal, to effectively interact with clients and team members.

Ability to work independently as well as collaboratively within a team environment.

If you are passionate about helping clients achieve their homeownership goals through efficient mortgage processing, we encourage you to apply for this exciting opportunity!