Mortgage Processor-Hybrid

Essential Functions & Responsibilities

• Reviews file documentation for completeness and consistency with original information, as indicated on initial loan application.
• Assembles, collates and maintains documentation in proper processing order.
• Reviews loan applications for qualifications consistent with appropriate Align policy, procedures and guidelines. Recommends approvals or rejections for loan applications and/or requests additional information.
• Communicates loan processing information to Home Financing Consultants, Underwriters and Closers.
• Validates loans using Desktop Underwriting (DU), requests documentation as DU dictates; verifies and validates input data.
• Prepares loans for final underwriting approval and satisfies underwriting conditions in a timely manner. Secures supervisor or manager's approval if required.
• Maintains a weekly status report on all files.
• Answers members' questions and obtains information and signatures on authorization forms.
• Performs follow-up on pending loan applications such as calling members or others to obtain needed information, resolve discrepancies, update members on all application process and timing, etc.

Work Schedule

This is a hybrid position and requires work to be performed on-site in Lowell, MA one to two days per week.

Pay

The expected base pay rate offered for this role is $22.00 - $28.00 per hour. Compensation may vary based on relevant experience, skills, competencies, and certifications.