Mortgage Processor

Mortgage Processor

Location : Wayne, NJ (onsite 5 days a week)

Duration : 3 Months +

Job Description : Mortgage Processor is responsible for the collection, verification and entry of all information required to render a credit decision on an application.

Responsibilities include but are not limited to :

Prepare and mail required regulatory disclosures.

Order appraisal and flood certification and retrieve and review same.

Score application via automated underwriting system and carefully review decision results.

Communicate with applicant, Home Loan Consultant, and / or Home Loan Assistant to request required documentation.

Verify accuracy of information upon receipt and edit LOS as needed.

Review the entire file, put it in proper order and submit it to the underwriter.

Manage an assigned pipeline of loans and ensure contingency and closing dates are met.

Work with Home Loan Consultant to determine viable solutions to make deals work while balancing high credit quality.

Update general comments with all activity on the loan.

Request verifications (VOE, VOD, VOM, etc.), when applicable.

Responsible for providing customers with periodic status updates regarding their loan application.

Required Skills :

Good verbal and written communication skills.

Basic PC skills.

Ability to handle multiple assignments simultaneously.

Demonstrate excellent customer service and pipeline management skills.

Ability to handle confidential material in a professional, ethical manner.

Knowledge of FNMA, FHLMC, FHA, and VA underwriting guidelines.

Required Experience :

High School Diploma or GED and a minimum of

3-5 years related experience in residential mortgage processing.