You haven't searched anything yet.
Mortgage Processor II
Duration : 12 Months contract with possibility of extension or FTE
Location : Ballston Lake, NY 12019
Work hours : Standard hour shift M-F
Job Description : Overview :
Overview :
Responsible for processing conventional and government loan requests based on product, underwriting, and state specific and investor guidelines.
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 and update credit reports, appraisals, income documentation, and all verifications to ensure all underwriting conditions are met.
Work closely with underwriting to quickly resolve any issues or concerns.
Perform other administrative duties supporting the origination department including, but not limited to : preparing and mailing commitment letters, title and homeowners insurance review, mailing loan suspend notices, updating loan conditions, providing the closing attorney with additional documentation, and all appropriate processing checklists.
Ensures adherence to all regulatory requirements and guidelines.
Strong analytical background to evaluate changes required to all regulatory documents.
Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite.
Identify risk-related issues needing escalation to management.
Promote an environment that supports diversity and reflects the Bank brand.
Maintain banks internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.
Scope of Responsibilities :
Education and experience required :
Associates degree with a minimum of one year's mortgage industry experience or two years equivalent work experience, OR in lieu of a degree, three years equivalent work experience including a minimum of one year's mortgage industry experience.
OR- Six months specific Bank mortgage processing experience plus an additional 6 12-month experience in customer service, operations, or the financial services industry.
Good PC skills with strong knowledge of spreadsheet, word processing, email, and PDF software.
Education and experience preferred :
Ability to make sound decisions based on information provided.
Knowledge of Product, Investor and Compliance Requirements.
Versatility and flexibility working within an ever changing fast paced mortgage environment.
Adapting to new policies and procedures to improve processes and workflow.
Ability to function independently within time constraints.
Excellent verbal and written communication skills.
Highly organized with the ability to multitask.
Strong attention to detail.
Prioritization of daily workload.
Ability to work in a team environment.
Strong work ethic, reliable and dependable.
Last updated : 2024-09-05
Full Time
IT Outsourcing & Consulting
$49k-67k (estimate)
09/07/2024
12/05/2024
honorvettech.com
FAIRFIELD, NJ
50 - 100
2015
Private
DANIEL GINZBURG
$10M - $50M
IT Outsourcing & Consulting
The job skills required for Mortgage processor include Underwriting, Customer Service, Commitment, Credit Reports, Written Communication, Financial Services, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage processor. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Mortgage processor positions, which can be used as a reference in future career path planning. As a Mortgage processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage processor. You can explore the career advancement for a Mortgage processor below and select your interested title to get hiring information.
If you are interested in becoming a Mortgage Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Processor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Mortgage Processor job description and responsibilities
Performs administrative tasks for mortgage loan processing.
04/15/2022: Davenport, IA
Mortgage processing to ensure accuracy and completion of all the necessary data.
03/31/2022: Brownsville, TX
Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files.
03/29/2022: Fort Wayne, IN
Verifies all documentation for accuracy and completeness. Tracks and monitors due dates.
03/01/2022: Bismarck, ND
Mortgage Processors are dedicated to keeping the mortgage process running smoothly and efficiently.
02/19/2022: Melbourne, FL
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Mortgage Processor jobs
Take a pre-licensure mortgage broker class.
03/04/2022: Topeka, KS
Pass the National Mortgage License System (NMLS) test.
03/01/2022: Columbus, GA
Build relationships with real estate agents and other partners.
04/19/2022: Reading, PA
Take pre-licensing training for mortgage brokers.
04/30/2022: Flagstaff, AZ
Apply and successfully complete testing for mortgage licensing and appropriate state licensing as needed.
04/08/2022: Mcallen, TX
Step 3: View the best colleges and universities for Mortgage Processor.