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Mortgage Loan Processor

Madison Mortgage Services Inc.
Hartford, CT Full Time
POSTED ON 3/2/2025
AVAILABLE BEFORE 5/26/2025

Description

About Us :

Madison Mortgage and its family of companiesis a dynamic mortgage brokerage firm dedicated to connecting clients with the best possible financing solutions. We have a unique opportunity to add to our CT-based team.

We pride ourselves on offering personalized service, leveraging our extensive network of lending partners, and ensuring an exceptional experience throughout the home loan process.

Position Summary :

We are seeking a highly skilled Mortgage Loan Analyst / Processor to join our West Hartford, CT office.

The ideal candidate will have extensive experience in pre-approving clients and a comprehensive understanding of underwriting guidelines, including Fannie Mae, Freddie Mac, and FHA, ensuring smooth and successful loan processing.

This is an in-office position - we are not seeking remote applicants at this time. We are located in beautiful Downtown West Hartford.

Compensation and Benefits :

  • Competitive salary with performance-based incentives.
  • Comprehensive benefits package, including health insurance, dental insurance, and vision.
  • Opportunities for professional growth within a thriving brokerage.

Responsibilities

  • Analyze client financials and pre-approve loan applications to support the loan officer, ensuring they align with suitable loan programs.
  • Set up file and structure the loan
  • Ensure pricing is correct
  • Perform detailed reviews of financial documents, applying an in-depth understanding of loan guidelines.
  • Ensure a smooth process and transaction by communicating effectively with the loan officer, clients, and lending partners.
  • Manage and monitor loan files meticulously to ensure compliance and timely processing.
  • Stay updated on industry changes, lender policies, and new loan products to offer the best solutions possible.
  • Qualifications

  • Minimum of 3 years of RESIDENTIAL mortgage loan processing experience, preferably within a brokerage setting.
  • Proven expertise in pre-approving clients and matching them with suitable loan products.
  • Comprehensive understanding of Fannie Mae, Freddie Mac, and FHA underwriting guidelines.
  • Strong analytical skills with exceptional attention to detail.
  • Outstanding communication skills, both written and verbal.
  • Proficiency in mortgage processing software and related tools.
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