Processor

Primary Function

The Processor works in conjunction with Sales to ensure all loans in assigned pipelines are facilitated through the loan manufacturing process. Additionally, this role will maintain daily workflow prioritization & perform the proper due diligence to ensure every loan has been processed in quality, timely and efficient manner.

Principal Duties

• Establishes proper communication with Borrower (where necessary).
• Actively communicates with all 3rd Parties.
• Completes the proper due diligence on any/all loan conditions received from Sales.
• Processes all loans according to established NPF Service Level Agreements
• Maintains daily workflow prioritization.
• Performs necessary pipeline tasks required to clear all assigned Processing Conditions.
• Processes all files pursuant to the NPF pre-closing checklist.
• Properly maintains satisfactory monthly quality scores.
• Captures all closing requests received from Sales.
• Audits files for compliance throughout the loan process: RESPA/GFE, all applicable State/Federal tests, TILA & other required state specific disclosures.
• Prepares loan file for final review by Processing Manager.
• Performs related duties as assigned by management.

Education And Experience Requirements

• High school diploma or equivalent, required.
• Bachelor’s degree, preferred.
• 2 - 4 years’ mortgage industry processing experience.

Knowledge, Skill, and Ability Requirements

• Ability to work and thrive in a fast-paced environment.
• Able to handle multiple tasks and meet deadlines.
• Detail oriented.
• Excellent written and verbal communication skills.
• Must work well in a team environment.
• Proficient with MS Office.

Additional Information

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
• Adoption Assistance
• Tuition & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
• Newrez NOW - Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.

Additional Information

• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
• Matching Gifts Program - dollar-for-dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities
• More than $6,000,000 donated since 2020
• 1 in 5 employees participates in at least one Employee Resource Group (ERG)

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.