What are the responsibilities and job description for the Mortgage Processor III position at Sumeru INC?
PRIMARY 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.
SCOPE OF RESPONSIBILITIES:
Empowered to review and accept loan conditions based on underwriter requirements.
Ensures adherence to all regulatory requirements and guidelines.
EDUCATION AND EXPERIENCE REQUIRED:
Associates 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, and is able to restructure a loan or recommend solutions.
Strong analytical/mathematical background to evaluate changes to borrower's current fee structure, allowable changes to those fees and the re-creation of the required regulatory documents.
Job Types: Full-time, Contract
Pay: $24.74 - $25.52 per hour
Expected hours: 40 per week
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Schedule:
- 8 hour shift
Experience:
- Fair Housing regulations: 1 year (Preferred)
- Customer service: 1 year (Preferred)
Ability to Commute:
- Ballston Lake, NY 12019 (Required)
Ability to Relocate:
- Ballston Lake, NY 12019: Relocate before starting work (Required)
Work Location: In person
Salary : $25 - $26
