Mortgage Loan Processor

Job Summary

We are seeking a proactive and detail-oriented Mortgage Loan Processor to join our dynamic financial services team. In this vital role, you will manage the end-to-end processing of mortgage loan applications, ensuring accuracy, compliance, and timely delivery. Your expertise will help facilitate smooth loan approvals, support our clients through every step of the mortgage journey, and uphold industry standards and regulations. This position offers an exciting opportunity to contribute to a fast-paced environment dedicated to delivering exceptional mortgage services.

Duties

• Review and verify all loan documentation, including income statements, credit reports, appraisals, and title work to ensure completeness and accuracy.
• Coordinate with loan officers, underwriters, appraisers, and title companies to gather necessary information for loan approval.
• Ensure compliance with federal and state regulations such as FNMA (Fannie Mae), TRID (TILA-RESPA Integrated Disclosure), Fair Housing laws, and other lending guidelines.
• Process loan applications efficiently using Encompass or similar mortgage origination software while maintaining strict adherence to TILA (Truth in Lending Act) and other industry regulations.
• Communicate proactively with clients regarding documentation requirements and status updates throughout the loan process.
• Prepare and review all loan documentation for accuracy before submission for underwriting approval.
• Maintain detailed records of all loan activities, ensuring compliance with mortgage servicing standards and internal policies.

Skills

• Strong knowledge of FNMA guidelines, FHA (Federal Housing Administration) loans, VA (Veterans Affairs) loans, and conventional mortgage lending processes.
• Experience with loan origination systems such as Encompass or equivalent software platforms.
• Excellent understanding of mortgage servicing, credit analysis, underwriting procedures, and compliance with loan regulations including TILA and TRID.
• Familiarity with banking regulatory compliance standards within the financial services industry.
• Proficiency in Microsoft Office Suite for documentation, reporting, and client communication purposes.
• Ability to perform basic math accurately for credit analysis and financial calculations.
• Exceptional internal communication skills to coordinate effectively with team members and external stakeholders.
• Ai agents/chatbots will be used

Join us in delivering top-tier mortgage solutions by leveraging your industry knowledge of financial regulations and commitment to customer service excellence! This role is perfect for individuals passionate about lending, compliance, and helping clients achieve their homeownership goals through responsible mortgage processing.

Pay: $26.00 per hour

Work Location: In person