Mortgage Loan Processor
Danbury, CT — Full Time
General Purpose and Scope (Summary):
This position is responsible for processing first mortgages within an established time frame while adhering to investor guidelines and state and federal compliance requirements.
Responsibilities/Functions:
- Review loan application, credit documents, and collateral documents received to ensure the borrower meets specific loan program qualifications
- Make welcome calls to the borrower to introduce yourself, discuss process, set expectations and review initial conditional approval letter
- Communicate with borrower(s) and Loan Officers as required to obtain documentation that will satisfy all underwriting conditions
- Work within LOS to prepare and submit a fully processed file with minimal underwriting conditions and file touches
- Navigate through All Regs to ensure loan meets specific internal and investor overlays
- Work with the borrower, Loan Officer and outside parties to effectively resolve any problems that may arise throughout the process
- Meet established turn time and file touch expectations
- Manage pipeline to ensure contingency dates, purchase contract dates, and rate expiration dates are met
- Provide superior customer service
Personal Traits / Competencies:
- Strong customer service, communication, organization and problem resolution skills
- Detail oriented
- Must be able to meet established daily expectations
- Ability to work in fast paced & time sensitive environment
- Ability to multi-task
- Technical/Computer Skills
- Proficient in Encompass
- Educated on Fannie Mae & Freddie Mac guidelines
- Knowledgeable in reading LP & DU findings
Education and Experience:
- High school diploma or equivalent
- A minimum of 2 year processing experience
- Knowledge of first mortgage processing
- Familiarity with mortgage products and programs as well as and State and Federal regulatory guidelines
Apply Now
Please send your resume and cover letter to [email protected].