What are the responsibilities and job description for the Mortgage Processor position at ASCENDING?
Location: Bethesda, MD (Hybrid – 2 to 3 days onsite)
🕒 Type: Full-Time | Direct Hire
About the Role
We’re hiring a Mortgage Analyst on behalf of our mortgage services client. This position plays a key role in the loan lifecycle—ensuring accuracy, compliance, and readiness for closing. You’ll manage a dynamic pipeline of 40–50 loans, working cross-functionally with underwriting, loan origination, and closing teams to deliver timely and precise outcomes. This is a great opportunity for someone with a sharp eye for detail and a strong grasp of mortgage documentation processes.
Key Responsibilities
- Review loan documentation to confirm alignment with term sheets and loan program guidelines.
- Proactively clear outstanding conditions, coordinating with internal teams and third-party stakeholders.
- Maintain ownership of an active pipeline (40–50 files) and ensure progress meets established timelines.
- Prepare accurate, complete loan packages ready for underwriting and closing.
- Analyze credit file components such as credit reports, title insurance, disclosures, and appraisals.
- Build foundational knowledge of company loan products, processes, and compliance requirements.
- Serve as a liaison for applicants, title companies, realtors, appraisers, and builders.
- Contribute to team success through collaboration, problem-solving, and process improvement.
- Take on additional duties as needed to support the broader operations team.
Who You Are
- Experience: 1–3 years in mortgage processing, underwriting, or loan analysis.
- Education: Bachelor’s degree or equivalent professional experience.
- Detail-Driven: Strong organizational skills and a commitment to precision.
- Communicator: Comfortable interacting across departments and with clients.
- Tech-Savvy: Proficient in Excel; Salesforce or Loan Origination Systems (LOS) experience a plus.
- Regulatory Knowledge: Familiarity with credit reporting, mortgage regulations, and loan collateral review.
What’s in It for You
Salary: $60,000–$65,000 (commensurate with experience and qualifications)
Bonus: Performance-based bonuses awarded quarterly
Benefits:
401(k) with company match
Health, dental, and vision insurance
Life and disability insurance
PTO flexible work schedule
Monday–Friday schedule (9AM–6PM or 10AM–7PM EST)
Hybrid or remote flexibility based on location
Equal Opportunity Employer
Our client is committed to fostering a diverse and inclusive workplace. All qualified applicants will be considered without regard to race, color, religion, gender, national origin, disability, veteran status, or any other legally protected status.
Salary : $60,000 - $65,000