Loan Processor Mortgage

INDERPREET CHANDHOK

********@*****.*** 848-***-****

SUMMARY

Experienced Mortgage Loan Processor with 16+ years of expertise in loan processing, underwriting, and closing. Adept in verifying loan application data, assessing financial status, and ensuring compliance with established regulations and standards. Strong interpersonal and written communication skills, with the ability to effectively communicate with applicants, underwriters, and other stakeholders in the loan process. Results-driven and adaptable, proven to work effectively in a fast-paced team environment.

CORE COMPETENCIES

Proficient in Microsoft Office (Word, Excel, Access, PowerPoint, and Outlook) Loan Processing Customer Service Compliance Communication Skills Problem-Solving Time Management Attention to Detail Technical Skills Team Player Adaptability

Certifications:

Licensed Real Estate Salesperson (04/2018 to Present) NJ State Notary (03/2018 to Present)

Languages: Fluent in Hindi, Punjabi, and Urdu

RELEVANT EXPERIENCE

Mortgage Loan Processor III

Advisors Mortgage Group, LLC April 2019 - September 2022

• Successfully processed over 35+ residential loan applications per month, ensuring adherence to all established standards, including liabilities, employment history, mortgage amount, and borrower assets.

• Leveraged the AUS system to review and submit processed loans for underwriting, identifying and mitigating red flags as necessary.

• Conducted financial assessments of applicants, working closely with survey agents to validate the information and determine loan eligibility.

• Advised on loan denials or adverse actions for applications that did not meet established standards.

• Acquired necessary property abstracts, surveys, title commitment, and appraisal reports through effective communication with relevant companies.

• Demonstrated expertise in processing Conventional, FHA, VA, and USDA loans, with a comprehensive understanding of the mortgage origination process.

• Submitted approved mortgage loan files for underwriting and scheduled successful closings, efficiently transferring approved files to the closing department.

Mortgage Loan Processor

NJ Prime Mortgage, LLC January 2018 - April 2019, Edison, NJ

• Successfully processed an average of 50+ mortgage loan files per month, ranging from pre-approval to closing.

• Efficiently entered accurate loan information into a processing system, ensuring 100% compliance with company policies.

• Conducted thorough verification of loan documents, including income, assets, credit, appraisal, and title, resulting in a 95% approval rate by underwriting.

• Proactively reviewed file documentation and consistently ensured all necessary items were requested, resulting in minimal delays in loan processing.

• Coordinated and ordered loan documents, meeting critical deadlines and performing additional duties as assigned by management.

Senior Mortgage Loan Processor

New Jersey Housing & Mortgage Finance Agency February 2012 - February 2016, Trenton, NJ

• Provided exceptional customer service and documentation support to clients as a liaison on assigned Home-keeper applications, resulting in a customer satisfaction rate of 95%.

• Processed 25 mortgage loan applications daily, ensuring compliance with established HMFA guidelines.

• Maintained a pipeline of 50 loans and prioritized them based on submission dates to ensure timely processing and closing.

• Conducted credit assessments on applicants, performing thorough evaluations of credit values and history, resulting in a loan approval rate of 90%.

• Built and maintained strong relationships with counseling agencies, providing weekly updates on loan status and ensuring seamless processing.

• Proactively requested missing information from clients via email or phone calls, resulting in a 95% success rate in obtaining all required information for processing.

• Conducted rigorous document review, ensuring accuracy and completeness, resulting in a 95% error-free rate.

• Trained and mentored five new loan processors, imparting industry knowledge and expertise, resulting in a 100% success rate in their integration into the team.

ADDITIONAL EXPERIENCE

TD Bank

Commercial Loan Administrator II May 2011 - February 2012 Mortgage Loan Processor III

Merrill Lynch Mortgage Services September 2010 - February 2011 Mortgage Loan Processor / Team Lead Auditor)

WMC Mortgage Corp. December 2004 - October 2007, Orangeburg, NY EDUCATION

St. Peter’s College Jersey City, NJ

Master of Business Administration September 2006 – Present Honors in Bachelor of Science Major December 2003

Major in Business Management

Minor in Marketing

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