Senior Mortgage Loan Processor

Job Description

$55,000 - $65,000 annuallyResponsibilities:

Collect and verify that all loan documentation, such as title insurance, loan applications, credit reports, appraisals, and income and asset declarations are accurate and passed to underwriting promptly for loan approval

Order third party documentation and reports for residential home loans, create and maintain the mortgage loan file, and assist in clearing underwriting conditions as requested

Submit loan file documentation accurately into necessary software programs

Ensure that all loan files, credit packages, and disclosure packages comply with company lending policies, as well as state and federal lending guidelines

Serve as the main point of contact for title companies, real estate agents, mortgage loan officer/ mortgage loan originator, borrowers, and mortgage underwriters to facilitate a timely loan closingQualifications:

Proficiency with MS Office, Loan Origination Software (LOS), and Automated Underwriting System (AUS) are desired

Federal and state home loan regulatory requirements and overall mortgage industry knowledge is essential

Solid knowledge of various residential mortgage loans such as FNMA, FHA, VA, USDA, and Conventional is vital -- Commercial loan and Refinance loan knowledge is helpful

2-3 years experience with a mortgage company, mortgage banker, or mortgage lender as a mortgage loan processor is needed

Bachelor’s degree preferred; high school diploma required

This position is based in Lake Success and is not a remote position

The schedule is Monday - Friday from 9 am to 6 pmAbout Company

Why Choose Madison Mortgage Services:

Our foundation is built upon a set of core values that define who we are and drive our every endeavor. We are committed to fostering a collaborative, team-oriented environment that is purposefully engineered to support not only our current operations but also our ambitious plans for massive growth.

We believe in cultivating a positive work environment where innovation, dedication, and a solutions-driven approach thrive. Our dedication to these values shapes our commitment to providing unparalleled mortgage solutions and exceptional customer experiences.

By becoming a part of the Madison Mortgage Services team, you will be contributing to a dynamic company culture that prioritizes collaboration, growth, and positivity. Join us as we continue to embrace these values and work together towards a future of excellence and achievement.