Mortgage Loan Processor

New Rochelle, NY
Base Salary + Production Bonus + Benefits!
10 months ago
Full Time
Job Description

We are seeking a Mortgage Loan Processor who: thrives in a high production environment, seeks to maximize their income, is bright, motivated, and high achieving to work with our Loan Officers.

RESPONSIBILITIES include but not limited to:

-Evaluates loan application files to verify that all data is complete and meets standards, prior to submission to underwriting
-Process loans from set-up to closing by verifying, compiling, and entering borrower information into loan processing systems.
-Interact with Loan Officers to obtain information from the borrowers or to seek clarification about documents in the loan files.
-Works with Loan Officers to determine product suitability and communicates changes to Loan Officer
-Order & verify and analyze loan documentation, including income, credit, appraisal, title, and verification while maintaining strict compliance with all applicable federal and state regulations.
-Record data to track the status of loans in processing.
-Inform management of discrepancies in files.
-Contact borrowers or Loan Officer’s to collect required documentation and be a liaison between origination staff, underwriters and borrowers.
-Submit loan application files to underwriting for approval, and create and email approval or denial letters to applicants.
-Submit approved mortgage loan files to closing for settlement.
-Compiles financial and other needed data to complete the loan file.
-Obtains documentation needed to clear conditions, if required.
-Prioritizes workflow so loans close on time.
-Communicates with the title companies, AMC’s, attorneys, and other parties as required.
-Provides excellent customer service to borrowers, Loan Officer, vendors, and other interested parties.
-Directs client to Loan Officer or other licensed employee to clarify and or answer any questions.
-Records data on the status of loans, including the number of new applications and loans, approved, canceled or denied.

Minimum of 2 years of mortgage loan processing experience.
Excellent communication skills
Excellent attention to detail and multi-tasking ability
Must be a self-motivated a self-reliant person



COMPENSATION: Base Salary + Performance Bonuses + Benefits!


  • 401(k) Retirement
  • Health, Dental, Disability, LTD & Vision
  • Paid Time Off (really?)

Monday to Friday 9am - 6pm