Corporate Mortgage Processor II

About The Role

Summary

The Mortgage Loan Processor II position requires outstanding customer service and communication skills. Mortgage loan processors should have an aptitude in math and excellent time management and organizational skills. Attention to detail is essential.

Description

• Processes mortgage loan applications, ensuring compliance with regulations, policies, and procedures, within the required timeframe.
  • Carefully reviews the loan application to confirm it has been completed, verifies loan information and accuracy of data in Encompass.
  • Performs preliminary income calculation/analysis, and ensures all documents are reviewed and signatures are in order prior to submission to underwriting.
  • Conducts follow-up on third party service orders to ensure information is received in a timely manner.
  • Generates re-disclosures and change in circumstances as necessary.
  • Satisfies underwriting conditions.
  • Ensures file is complete and all requirements are met for loan to close.
• Coordinate loan closings including delivery of documents to title/escrow company.
• Acts as liaison between, originator, underwriter, and closer/funder, to ensure timely closing of the loan, accurate completion of all loan documents, proper and complete signatures, and coordination of closing process.
• Responsible for mitigating processing related post-closing deficiencies.
• Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• Must complete the assigned online training courses and achieve a passing score by due date.

All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.