What are the responsibilities and job description for the Senior Mortgage Processor position at Solü Technology Partners?
Solü is currently seeking a highly skilled Senior Mortgage Processor to join our client's team. This role requires a strong analytical mindset to effectively assess conventional and government loan applications, leveraging in-depth knowledge of product specifications, underwriting procedures, and investor guidelines. The Senior Mortgage Processor will ensure strict adherence to compliance standards and federal registration requirements under the SAFE Act.
RESPONSIBILITIES
- Maintain effective communication with all necessary parties involved in a new loan application, from the customer, broker, correspondent, loan officer, and co-workers to ensure a seamless and positive application experience
- Work with various internal departments as well as external organizations 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, review 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
REQUIREMENT
