What are the responsibilities and job description for the Mortgage Processor position at ASCENDING Inc.?
Title: Mortgage Analyst
Location: Bethesda, MD - Hybrid (2-3 days on-site)
Term: Full-Time Employee
Position Overview
We are seeking a detail-oriented Mortgage Analyst for our client in the financial services sector. This role is responsible for ensuring the accuracy of loan requests by reviewing financial records, validating them against loan terms, and preparing closing documents. The Mortgage Analyst will manage a pipeline of 40-50 loan files and collaborate closely with internal teams, loan originators, underwriters, and closing departments to meet deadlines efficiently.
Responsibilities
Our client is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Location: Bethesda, MD - Hybrid (2-3 days on-site)
Term: Full-Time Employee
Position Overview
We are seeking a detail-oriented Mortgage Analyst for our client in the financial services sector. This role is responsible for ensuring the accuracy of loan requests by reviewing financial records, validating them against loan terms, and preparing closing documents. The Mortgage Analyst will manage a pipeline of 40-50 loan files and collaborate closely with internal teams, loan originators, underwriters, and closing departments to meet deadlines efficiently.
Responsibilities
- Validate Term Sheets using provided documentation, ensuring all loan guidelines are met.
- Clear loan conditions and communicate effectively with internal teams, loan originators, underwriters, and closing.
- Maintain a personal pipeline of 40-50 loan files.
- Build knowledge of loan products, regulations, and internal policies.
- Prepare complete and accurate loan files for underwriting and closing, ensuring all conditions are met before submission.
- Analyze credit packages, including file input, application disclosures, title policies, credit reports, and appraisals.
- Serve as a point of contact for applicants, realtors, builders, appraisers, and title companies.
- Perform additional duties as assigned.
- Experience: 1-3 years of experience, preferably in the mortgage industry.
- Education: Bachelor's degree or equivalent required.
- Skills:
- Strong knowledge of loan documentation policies and mortgage regulations.
- High attention to detail, accuracy, and ability to multitask.
- Excellent communication and customer service skills.
- Familiarity with credit reporting and mortgage collateral reviews.
- Ability to work well under pressure and manage strict deadlines.
- Proficiency in Excel; experience with Salesforce or Loan Origination Systems is a plus.
- Salary: $60,000-$65,000 (based on experience, qualifications, and location)
- Bonuses: Quarterly performance-based bonus
- Benefits:
- 401(k) with matching
- Health, dental, and vision insurance
- Life and disability insurance
- Flexible schedule
- Paid time off
- Schedule: Monday to Friday, 9AM-6PM or 10AM-7PM EST
- Work Location: Bethesda, MD (Hybrid) or Remote
Our client is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Salary : $60,000 - $65,000
