Mortgage Loan Processor

Job Description

Job Description

A respected financial organization is seeking an experienced Mortgage Loan Processor to support mortgage operations and ensure accurate, compliant, and timely processing of residential mortgage loans. This role requires a detail-oriented professional with strong communication skills and a deep understanding of mortgage documentation, compliance regulations, and member service excellence.

Responsibilities and Duties :

• Process, audit, and maintain all closed mortgage loan files with accuracy and compliance.
• Communicate with Loan Officers and members to ensure loan requirements are met and updates are provided throughout the process.
• Review and interpret key mortgage documents, including applications, disclosures, title reports, appraisals, and purchase agreements.
• Verify borrower information such as income, employment, assets, and credit to ensure loan eligibility and identify discrepancies.
• Review and issue Loan Estimates and Closing Disclosures in accordance with TRID and regulatory guidelines.
• Conduct due diligence to identify possible fraudulent activity and ensure all compliance alerts are addressed prior to underwriting.
• Coordinate with third-party vendors for verifications, tax transcripts, and other required documentation.
• Manage loan pipeline to meet closing deadlines and lock expirations.
• Assist closers with preparing final documentation, disclosures, and funding coordination.
• Support internal and external audit requests and maintain accurate file documentation.
• Stay current with all lending regulations, compliance requirements, and credit union policies.

Requirements and Qualifications :

Sparrow Company Executive Search & Staffing is an Equal Opportunity Employer.