What are the responsibilities and job description for the Sr Mortgage Loan Processor position at Madison Mortgage Services Inc.?
We are looking for an experienced senior loan processor to join our tight-knit group of mortgage professionals. The successful applicant will have years of experience in loan processing, excellent attention to detail, and a skilled approach to customer service to help our borrowers navigate the mortgage closing process. We provide the opportunities, the team, and the growth potential to help you achieve your career goals. If this sounds like the ideal job for you, please apply today! Responsibilities :
- Input loan file documentation accurately into necessary software programs
- Facilitate a timely loan closing by serving as the main point of contact for title companies, real estate agents, mortgage loan officer / mortgage loan originator, borrowers, and mortgage underwriters
- Order third party documentation and reports for residential home loans, create and maintain the mortgage loan file, and assist in clearing underwriting conditions as requested
- Verify the accuracy of all obtained loan documentation, such as title insurance, loan applications, appraisals, credit reports, and income and asset declarations and provide them promptly to underwriters for loan approval
- Assure that all loan files, credit packages, and disclosure packages comply with company lending policies, as well as state and federal lending guidelines Qualifications :
- Superb customer service, attention to detail, time management, and communication skills are required
- Intermediate proficiency with MS Office, Loan Origination Software (LOS), and Automated Underwriting System (AUS) are assets
- Recent mortgage loan processing (2-3 years experience) for a bank, credit union, or mortgage company is necessary
- Knowledge of current residential mortgage loans such as FNMA, FHA, VA, USDA, and Conventional is crucial Commercial loan and Refinance loan knowledge is an added asset
- High school diploma required; Bachelor’s degree is preferred
- Minimum 3-5 years of proven success as a Sr Loan Processor at a mortgage broker, mortgage lender, bank, or credit union working a high volume pipeline
- This position is based in Lake Success and is not a remote position
- The schedule is Monday - Friday from 9 am to 6 pm Compensation : $65,000 - $110,000 annually
Compensation :
65,000-$110,000 per year
Salary : $65,000 - $110,000
