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Mortgage Processor III

Imagine Staffing Technology
Ballston Lake, NY Full Time
POSTED ON 2/6/2025
AVAILABLE BEFORE 5/2/2025

Job Description

Job Description

Job Profile

Job Title : Mortgage Processor III

Location : Ballston Lake, NY

Hire Type : Contract

Pay Range : $22 - $28

Work Model : Hybrid

Recruiter Contact : Kyle Muldoon kmuldoon@imaginestaffing.net

Nature & Scope : Positional Overview

Are you an experienced professional with a passion for managing mortgage processing and ensuring compliance in the banking industry? Our client is seeking a Mortgage Processor to join their team and play a pivotal role in reviewing loan applications, coordinating with underwriting and closing teams, and ensuring adherence to regulatory requirements. If you have a strong background in mortgage servicing, excellent attention to detail, and the ability to navigate complex processes with precision, this is your opportunity to thrive in a supportive and dynamic work environment. Apply now to bring your expertise to a company that values your skills and fosters professional growth!

Role & Responsibility :

Tasks That Will Lead to Your Success

  • Maintain effective communication with all necessary parties involved in a new loan application.
  • Work with the customer, broker, correspondent, loan officer, and co-workers to ensure a seamless and positive application experience.
  • Work to obtain processing related documentation or obtain necessary information needed to complete an application i.e. : Verification of Employment, IRS Transcripts, title search, appraisal, bank statements, etc.
  • Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
  • Monitor, update and analyze credit reports, appraisals, income documentation, and all verifications to ensure they adhere to product, underwriting and investor guidelines.
  • Perform other administrative duties supporting the origination department including but not limited to preparing and mailing commitment letters, reviewing title and homeowner's insurance, mailing loan suspend notices, providing the closing attorney with additional documentation, and all applicable processing checklists.
  • Empowered to review and accept loan conditions based on underwriter requirements.
  • Ensures adherence to all regulatory requirements and guidelines

Skills & Experience

Qualifications That Will Help You Thrive

  • Associate’s degree or two years equivalent work experience.
  • Two to three years prior mortgage processing or underwriting experience.
  • Ability to scrutinize a loan application to assess qualification.
  • Ability to evaluate changes to borrower's current fee structure, allowable changes to those fees and the re-creation of the required regulatory documents.
  • Ability to restructure a loan or recommend solutions.
  • Strong analytical / mathematical background.
  • Salary : $22 - $28

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