Mortgage Loan Processor

Job Description

$65,000 - $80,000 Base Salary + Performance Bonuses

Strong Benefits Package (Health, PTO, Retirement, FSA, etc.)

Company Overview:

We’re a top-performing wholesale mortgage broker located in Brooklyn, NY. Our fast-growing and high-volume office is looking for an experienced Mortgage Loan Processor to join our team and help move clean, complete files to the finish line.

Job Summary:

As a Mortgage Loan Processor, you will be responsible for reviewing, packaging, and submitting residential mortgage loan files across various loan types including Conventional, FHA, VA, and Non-QM. You will work closely with our loan officers, underwriters, and borrowers to ensure a smooth, compliant, and timely closing.

Key Responsibilities:

Review loan applications and collect/verify documentation

Calculate and analyze borrower income from W-2s, tax returns, pay stubs, and P&Ls

Confirm assets, liabilities, and credit per loan program guidelines

Order and manage third-party services (title, appraisal, insurance, VOEs, VODs)

Submit files through DU/LP and lender portals

Clear conditions and coordinate closings

Communicate with borrowers, loan officers, and lender reps professionally and promptly

Stay current with lending guidelines and industry changes

Requirements:

Minimum 4 years of loan processing experience (broker/wholesale preferred)

Proficiency with DU/LP and various lender submission portals

Solid understanding of agency and investor guidelines

Strong organizational skills and attention to detail

Ability to multitask in a deadline-driven environment

Excellent communication skills

Compensation & Benefits:

Base salary: $65,000-$80,000 annual

Performance-based bonuses per file

Comprehensive benefits package including health insurance, paid time off, and retirement plan

Hybrid work model available for qualified candidates

Company Description

It all began in a small office in Brooklyn, 1993. What would happen, we thought, if we reimagined loan officers working with clients in extraordinary ways.

Since that moment over 30 years ago, Fort Funding Corp. has been helping home and investment property owners find the perfect mortgage at the lowest rates. Today, we service the entire tristate area from our four locations in New York City and Florida.

Our team’s diverse connections and time-tested strategies has led to thousands of successful closings. We partner with some of the best lenders & banks from all over the country. While an individual bank may offer only a handful of options, we find strength in helping applicants access hundreds of loan options at the lowest rates.

Full-time