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Mortgage Processor

FINANCIAL MORTGAGE SOLUTIONS

Mortgage Processor

Albuquerque, NM
Paid
  • Responsibilities

    Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you’re interested in a dynamic position on a well-established and successful lending team, look no further; apply now! Responsibilities: • Decide the creditworthiness and complete the mortgage loan application by working with the borrower to obtain necessary and verified financial documentation, such as credit reports • Determine the best loan option for the borrower through interviewing and discussion • Assure that loan files meet banking and regulatory guidelines and policies • Input detailed loan process documentation in our system - from origination to close • Liaise between the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval • Maintain detailed documentation of the process in our system - from origination to close • Assemble and submit loan packages to the lender underwriters for approval or denial • Adhere to all lending and regulatory guidelines and policies while preparing the loan file • Document the loan process from origination to approval through our system • Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness • Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files • Assist borrowers in determining the best mortgage type based on interview and situation • Order the following documentation as necessary: Verification of Employment, Evidence of Insurance, Payoffs, Tax Transcripts, Credit Supplements, condo questionnaires, subordination requests, and Title Work as needed for each file • Manages a pipeline of loans and maintains a timely and compliant flow of such loans through the process while working independently and remotely from home • Communicate with Underwriters to clarify conditions • Help administer all documents that are needed to satisfy underwriting requirements • Follow up on documents ordered in a timely manner • Maintain loan origination system and database with the proper loan information • Perform other related duties as assigned and required • Monitors and ensures closing dates and company deadlines are met • Handles all borrower communication from the point of contract to closing of the loan • Handles all Loan Officer, Loan Partner, and Underwriter communication with updates • Be a sponge for information/knowledge, always striving to be the best possible in your position • Be a leader, helping us improve our processes and procedures to always deliver a world-class experience to clients and referral partners Qualifications: • Must possess exceptional attention to detail, as well as strong analytical and time management skills • High school diploma or GED required - Associate’s degree in accounting, finance, or business preferred • Must possess excellent written and verbal communication skills • Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans • Know how to analyze credit reports, income, and asset documents, as well as general ways to structure a loan • Exceptional attention to detail must be organized and have excellent time management • Minimum 2 years of mortgage processing experience, 5+ preferred • Current or previous experience fulfilling the roles of Processor, LOA, Loan Partner, Loan Officer, and/or Underwriter • Strong ability to prioritize and multitask without being micromanaged to meet multiple deadlines and a keen sense of urgency • Excellent customer service, interpersonal, and communication skills • Work well in a team environment while working remotely from home • Experience working in a broker’s environment and using Calyx software Compensation: $50,000 - $60,000 yearly

    • Maintain detailed documentation of the process in our system - from origination to close • Assemble and submit loan packages to the lender underwriters for approval or denial • Adhere to all lending and regulatory guidelines and policies while preparing the loan file • Document the loan process from origination to approval through our system • Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness • Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files • Assist borrowers in determining the best mortgage type based on interview and situation • Order the following documentation as necessary: Verification of Employment, Evidence of Insurance, Payoffs, Tax Transcripts, Credit Supplements, condo questionnaires, subordination requests, and Title Work as needed for each file • Manages a pipeline of loans and maintains a timely and compliant flow of such loans through the process while working independently and remotely from home • Communicate with Underwriters to clarify conditions • Help administer all documents that are needed to satisfy underwriting requirements • Follow up on documents ordered in a timely manner • Maintain loan origination system and database with the proper loan information • Perform other related duties as assigned and required • Monitors and ensures closing dates and company deadlines are met • Handles all borrower communication from the point of contract to closing of the loan • Handles all Loan Officer, Loan Partner, and Underwriter communication with updates • Be a sponge for information/knowledge, always striving to be the best possible in your position • Be a leader, helping us improve our processes and procedures to always deliver a world-class experience to clients and referral partners