567 Mortgage Loan Processor jobs in the United States

Mortgage Loan Processor

49528 Grand Rapids, Michigan Mercantile Bank

Posted today

Job Viewed

Tap Again To Close

Job Description

Mortgage Loan Processor

Are you a passionate problem solver with a keen eye for detail and a knack for ensuring smooth mortgage processes? Join Mercantile Bank as a Full-Time Mortgage Loan Processor! In this exciting role, you will have the flexibility (after training) to work a hybrid work schedule from a Mercantile Bank office that is close to your home. You can work two days a week at one of the following locations: Alma, Grand Rapids, Holland, Kalamazoo, Lansing, Traverse City, Troy, West Branch, Michigan.

As a Mortgage Loan Processor, you will be eligible for a production incentive while helping customers achieve their dream of homeownership. Don't miss the chance to be part of a collaborative team that values excellence and innovation in the banking industry.

Core Responsibilities
  • Partner with Mortgage Loan Officers and Mortgage Sales Assistants to process Mortgage Loans in the most efficient way.
  • Use detailed skills to follow policies and procedures while looking for ways to help the customer in the most effective way.
  • Participate in a unique and special transaction that will help make a customer's dream come true.

Why Mercantile Bank?

Mercantile Bank was founded by entrepreneurs who believed building strong relationships and communities is accomplished through collaboration and innovation. It's more than being a financial institution, it's being a trusted ally and community partner. As Michigan's largest community bank, our roots are deeply embedded in the diverse communities we serve. Our commitment to our customers and community is at the core of all we do.

As an employee of Mercantile Bank, you will receive competitive compensation, bonus opportunities, and best-in-class benefit options. With a minimum of 3 weeks' vacation, sick time, 11 paid holidays, generous 401k match of 5%, company paid life insurance, tuition reimbursement, IVF and adoption assistance, zero-interest loans for fitness equipment and business attire, discounted bank services, employee stock purchase plan, 529 savings plans, health savings accounts, flexible spending accounts, legal protection, exceptional training and development opportunities, and encouragement to connect with community through volunteer opportunities.

A Look into Your Day

As a Mortgage Loan Processor at Mercantile Bank, you will play a key role in supporting 3-6 Loan Officers by overseeing the production of mortgage files from application to closing. Your responsibilities will include ordering, obtaining, and validating various documents critical to the loan process, ensuring regulatory timelines are met, and collaborating with customers and Loan Officers to collect necessary documentation. You will learn more about portfolio, secondary market, and investor guidelines as you submit loans through an Automated Underwriting System, analyze findings, and clear basic underwriting conditions. You may also assist in resolving loan file exceptions and obtaining final loan approvals.

What We're Looking For

To excel as a Mortgage Loan Processor at Mercantile Bank, you must possess exceptional communication skills to interact effectively with customers, Loan Officers, Underwriters, and various stakeholders involved in the mortgage process.

Requirements
  • A minimum of one year of financial or banking experience
  • Strong organizational skills
  • Computer proficiency in Microsoft Office Word and Excel
  • Strong attention to detail skills with the ability to manage multiple loans at the same time
  • Adaptable
  • Ability to thrive in a fast-paced environment while meeting deadlines
Preferred Qualifications
  • Prior mortgage experience
  • Knowledge of Freddie Mac, Fannie Mae, FHA, RD, and VA guidelines
  • Experience working with Encompass (Loan Operating System)
View Now

Mortgage Loan Processor

75086 Fairview, Texas SolomonEdwards

Posted today

Job Viewed

Tap Again To Close

Job Description

1 day ago Be among the first 25 applicants

Direct message the job poster from SolomonEdwards

SolomonEdwards is looking for a Mortgage Processor for one of its mortgage clients to perform daily loan reviews to ensure the accuracy of loan findings. You will act as a key contributor to facilitate efficient and effective processes that support business and customer service objectives.

The main responsibilities of this position are:

  • Perform complex data and document validation
  • Troubleshoot third party orders (title, appraisal, hazard, flood cert, credit, etc.)
  • Handle more complex calls, emails or chat sessions
  • Complete appraisal eligibility tasks
  • Evaluate loan applications for compliance with product guidelines
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organizations desired culture and values

The ideal candidate will possess:

  • Associates degree or equivalent work experience
  • Proficiency in Microsoft Office
  • Financial Services and, if possible, mortgage industry experience preferred
  • General understanding of applicable Federal, State and Local regulations

What does this role offer when you are converted to a permanent employee:

  • The chance to work for an Established Nationwide Industry Leader and Dedicated Mortgage Lender that is publicly traded and has a track record of performance.
  • Comprehensive benefits including Medical, Dental, Vision, EAP, Tuition Reimbursement, and Vitality Health & Wellness Discounts.
  • Opportunity to earn a performance incentive each quarter up to $3,300. This can be as much as $ to 6 more an hour above your base salary.
  • Fun and supportive company culture and perks including associate driven engagement teams, snack carts, gym access (site specific), subsidized onsite meals, casual dress code, and accessible leaders
  • Career Growth within the company with learning development and structure upward mobility paths.
  • Business Resource Groups to support career growth and networking for several affinity groups including weEMRG (Women), HOLA (Hispanic), SERVE (Military), PRIDE (LGBTQ+), BOLD (Black/African American), Asian American & Pacific Islander

Mission and Vision

We are a superior consulting firm focused on helping clients achieve their dreams and address complex situations with inspired people, deep expertise, and innovative technologies.

We are a perpetual career and opportunity enterprise, focused on building long-term benefits for our people and communities. We create collaborative and supportive relationships with our people, clients and communities. Our success enables us to invest time and resources to bettering the communities in which we live to help those communities thrive.

Inclusion and Diversity Statement

We value the contribution and wisdom of the team. At SolomonEdwardsGroup, weve built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners and our extended stakeholder family are empowered to share their experiences, ideas, perspectives; to be their whole selves. Benefits offered - Health insurance, sick leave, 401(k)

Salary range 23/hr W2. The specific compensation for this role will be determined based on the education, experience, location and skill set of the individual selected for this position.

Benefits offered - Health insurance, sick leave, 401(k)

SolomonEdwardsGroup, LLC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, or protected veteran status.

SolomonEdwardsGroup, LLC adheres to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. For more information on your rights, click here:

Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience:

Seniority level
  • Seniority level Associate
Employment type
  • Employment type Contract
Job function
  • Job function Consulting, Finance, and Administrative
  • Industries Business Consulting and Services, Financial Services, and Banking

Referrals increase your chances of interviewing at SolomonEdwards by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

Get notified when a new job is posted.

Sign in to set job alerts for Mortgage Loan Processor roles. Entry level associate - Dallas (February '25 Start Date) ANALISTA FINANCEIRO - CAMPO BOM RS - 4869 Private Equity Associate - TMT, Consumer Risk (Capital, Liquidity, and Market) | Associate | Dallas

Plano, TX 47,600.00- 71,400.00 2 weeks ago

Dallas, TX 80,000.00- 110,000.00 3 weeks ago

Entry Level - Wealth Management Associate

Dallas, TX 27,200.00- 125,000.00 1 month ago

Richardson, TX 38,639.00- 48,299.00 1 day ago

Entry Level Wealth Management Associate

Dallas, TX 27,200.00- 125,000.00 2 months ago

Asset & Wealth Management, Fund Management, Analyst / Associate - Dallas Trade Support Analyst Loans (Entry-Level)

Dallas, TX 47,000.00- 55,000.00 2 days ago

Asset & Wealth Management, Wealth Management Operational Risk, Associate, Dallas Global Banking & Markets - Private - Dallas - Associate / Analyst - Private Equity Capital Call (PECC) Corporate Finance Associate | Private Credit

Dallas, TX 115,000.00- 125,000.00 2 months ago

Irving, TX 85,000.00- 100,000.00 16 hours ago

Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr
View Now

Mortgage Loan Processor

35275 Birmingham, Alabama Louisiana Staffing

Posted today

Job Viewed

Tap Again To Close

Job Description

Mortgage Processor

Location: On site in Birmingham, AL, Metairie, LA or Kenner, LA.

Summary: The Mortgage Processor Role will be responsible for performing a variety of documentation duties related to both agency and portfolio loans while ensuring compliance with policies and procedures for all loan products. Candidates must possess proficiency with technology and a strong sense of urgency with an ability to work in a team environment while maintaining excellent organization and communication skills. Candidates must also have the ability to self-manage a pipeline of 25-35 loans at all times.

Essential Duties and Responsibilities
  • Ability to self-manage a pipeline of 25-35 loans on a daily/weekly basis.
  • Ability to calculate complex income streams and assist in restructuring of loan files.
  • Maintain daily workflow prioritization to ensure closing dates are met.
  • Adhere to published SLAs to promote effective pipeline management.
  • Order all required verifications and documentation as required by product guidelines and underwriting.
  • Analyze and ensure all documentation received are accurate and meets product guidelines and underwriting conditions.
  • Responsible for monitoring rate locks and initiating any Change of Circumstances for re-disclosure requirements.
  • Ensure follow-up to all Pre-Funding and Post-Closing Audits as requested.
  • Provide excellent customer service to both internal and external clients.
  • Communicate effectively with all parties to the transaction to keep them informed of file status.
  • Mentor and provide assistance to Mortgage Processors I and II.
  • All other duties as assigned
Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required.

  • High school Diploma or General education degree with a minimum of five years of Mortgage Loan Processing experience.
  • Ability to effectively use various computer software applications.
  • Ability to embrace and adopt all Technology as set forth by the line(s) of businesses.
  • Working knowledge of Mortgage Residential Loan Workflow from Origination to Post Closing.
  • Basic accounting and mathematical skills.
  • Ability to effectively Multitask.
  • Work successfully in a fast-paced working environment and meet critical deadlines.
  • Delivers excellent verbal customer service.
  • Demonstrates Leadership.
  • Excellent interpersonal skills/Champions Teamwork.
  • Goal and success oriented.
  • Self-Starter.
  • Highly organized, proven track record of successfully managing Time and Pipeline execution.
  • A "sales" mindset.
  • Retail channel experience (partnering with MLOs, Operations, Underwriters, Regional Mgrs. & Bank Execs).
  • Focus on Quality and Understanding of Regulation/Compliance requirements.
  • Excellent verbal and written communication skills, bi-lingual in English and Spanish helpful.
  • Ability to effectively multi-task, work well in a fast-paced working environment and meet critical deadlines.
  • Commitment to a positive customer experience (internal and external).

NMLS Language: As part of the employment process for this position, you will have to meet the requirements of a background credit check. This position requires compliance with the S.A.F.E Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements.

About Us: First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at

Benefit Highlights: Medical with wellness incentives, dental, and vision; HSA with company match; Maternity and parental leave; Tuition reimbursement; Mentor program; 401(k) with 6% match; More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

View Now

Mortgage Loan Processor

85003 Phoenix, Arizona SolomonEdwards

Posted today

Job Viewed

Tap Again To Close

Job Description

1 day ago Be among the first 25 applicants

Direct message the job poster from SolomonEdwards

SolomonEdwards is looking for a Mortgage Processor for one of its mortgage clients to perform daily loan reviews to ensure the accuracy of loan findings. You will act as a key contributor to facilitate efficient and effective processes that support business and customer service objectives.

The main responsibilities of this position are:

  • Perform complex data and document validation
  • Troubleshoot third party orders (title, appraisal, hazard, flood cert, credit, etc.)
  • Handle more complex calls, emails or chat sessions
  • Complete appraisal eligibility tasks
  • Evaluate loan applications for compliance with product guidelines
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organizations desired culture and values

The ideal candidate will possess:

  • Associates degree or equivalent work experience
  • Proficiency in Microsoft Office
  • Financial Services and, if possible, mortgage industry experience preferred
  • General understanding of applicable Federal, State and Local regulations

What does this role offer when you are converted to a permanent employee:

  • The chance to work for an Established Nationwide Industry Leader and Dedicated Mortgage Lender that is publicly traded and has a track record of performance.
  • Comprehensive benefits including Medical, Dental, Vision, EAP, Tuition Reimbursement, and Vitality Health & Wellness Discounts.
  • Opportunity to earn a performance incentive each quarter up to $3,300. This can be as much as $ to 6 more an hour above your base salary.
  • Fun and supportive company culture and perks including associate driven engagement teams, snack carts, gym access (site specific), subsidized onsite meals, casual dress code, and accessible leaders
  • Career Growth within the company with learning development and structure upward mobility paths.
  • Business Resource Groups to support career growth and networking for several affinity groups including weEMRG (Women), HOLA (Hispanic), SERVE (Military), PRIDE (LGBTQ+), BOLD (Black/African American), Asian American & Pacific Islander

Mission and Vision

We are a superior consulting firm focused on helping clients achieve their dreams and address complex situations with inspired people, deep expertise, and innovative technologies.

We are a perpetual career and opportunity enterprise, focused on building long-term benefits for our people and communities. We create collaborative and supportive relationships with our people, clients and communities. Our success enables us to invest time and resources to bettering the communities in which we live to help those communities thrive.

Inclusion and Diversity Statement

We value the contribution and wisdom of the team. At SolomonEdwardsGroup, weve built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners and our extended stakeholder family are empowered to share their experiences, ideas, perspectives; to be their whole selves. Benefits offered - Health insurance, sick leave, 401(k)

Salary range 23/hr W2. The specific compensation for this role will be determined based on the education, experience, location and skill set of the individual selected for this position.

Benefits offered - Health insurance, sick leave, 401(k)

SolomonEdwardsGroup, LLC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, or protected veteran status.

SolomonEdwardsGroup, LLC adheres to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. For more information on your rights, click here:

Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience:

Seniority level
  • Seniority level Associate
Employment type
  • Employment type Contract
Job function
  • Job function Consulting, Finance, and Administrative
  • Industries Business Consulting and Services, Financial Services, and Banking

Referrals increase your chances of interviewing at SolomonEdwards by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

Get notified about new Mortgage Loan Processor jobs in Phoenix, AZ .

Mortgage Processor, TPO Non-QM Account Manager Private Bank Lending Assistant - Loan Closer Mortgage Processor, Non-QM TPO Account Manager

Tempe, AZ 89,000.00- 107,000.00 8 hours ago

Consumer Direct Mortgage Loan Officer Non-Agency

Tempe, AZ 89,000.00- 107,000.00 1 month ago

Mortgage Loan Officer - Military Veteran (Phoenix, AZ) Mortgage Loan Officer - Commission-based Retail Mortgage Loan Officer (West Coast)

Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr
View Now

Mortgage Loan Processor

98127 Seattle, Washington Austin Community College

Posted today

Job Viewed

Tap Again To Close

Job Description

You are viewing a preview of this job. Log in or register to view more details about this job.

Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, DST, and NFX, Tomo is poised to become one of the most valuable fintech startups of our generation.

The elevator pitch

Tomo is growing our mortgage operations team, and were looking for our next GOAT! A Mortgage Loan Processor leverages established guidelines to ensure loan applications are thorough and accurate with supporting documentation.

Our teams ultimate goal is to work closely and collaboratively to achieve on-time closings, while building a memorable experience for our customers. We are looking for resourceful Processors with proactive pipeline management skills and excellent intuition about customer needs. The ideal candidate for this role gets excited about moving quickly, using technology, innovating, and being around customer-centric teammates. You will have a powerful voice with our product development team - if you have long dreamed of fixing and modernizing an LOS then this will be a dream job.

This role is based in our office Monday- Wednesday, and is remote optional on Thursdays and Fridays. This role is based in New York City, NY, Seattle, WA, or Detroit, MI.

You will

  • Serve as the primary relationship manager and point of contact for the customer from when they enter processing to closing, keeping them informed and collaborating with other functions to make this happen.
  • Perform all processing, pre-underwriting, and pre-closing tasks required to proactively manage mortgage loan files from receipt in processing to final disposition.
  • Verify accuracy and adherence to investor guidelines of all documents required for a complete submission to underwriting (including appraisal and title).
  • Collaborate with the agent to obtain necessary documentation (if needed) for approval and keep him or her informed of the status of the application.
  • Consistently meet target service level objectives including quality submissions to underwriting.
  • Coordinate closings with all parties and assist with post-closing follow-ups, as necessary.
  • Identify opportunities for process and product improvements and serve as a resource in the implementation of system enhancements.
  • When Closing Disclosure is sent to customer, offer option to review and answer questions.

Youll need

  • Understanding of the mortgage lending process.
  • Ability to handle multiple purchase applications simultaneously in a fast-paced environment - On time close is very important to us!
  • Strong written and verbal communication with a phone-first mentality.
  • Strong performance in team environments.
  • A voice as to how we can improve our processes and tech.
  • Detail orientation with a strong focus on quality.
  • Superior customer centricity.

You may also have the extras

  • Bachelors Degree.
  • 2+ years experience of mortgage loan processing specifically purchase transactions.

#J-18808-Ljbffr
View Now

Mortgage Loan Processor

32885 Orlando, Florida Jeffrey Agency

Posted today

Job Viewed

Tap Again To Close

Job Description

This range is provided by Jeffrey Agency. Your actual pay will be based on your skills and experience talk with your recruiter to learn more.

Base pay range

$70,000.00/yr - $0,000.00/yr

Direct message the job poster from Jeffrey Agency

As a Loan Processor , youll be at the heart of our loan processing pipeline, managing deals from application through to funding. Your role is critical to ensuring smooth, timely loan closings and delivering excellent customer experiences. If youre detail-oriented, enjoy managing processes, and thrive in a fast-paced environment, this could be your next great opportunity!

Key Responsibilities:

Manage and oversee the loan processing pipeline, ensuring efficient workflow and timely closings

Act as the primary point of contact for clients, keeping them informed and ensuring high satisfaction

Review loan applications and supporting documents for accuracy and completeness

Work closely with underwriting, closing, and compliance teams to ensure all loan requirements are met

Troubleshoot issues that may arise during the loan process and proactively communicate solutions

Maintain accurate and up-to-date records within the loan management system

Qualifications:

3+ years of experience in loan processing.

Strong knowledge of loan processes, regulations, and real estate market dynamics

Excellent organizational skills and attention to detail, with the ability to manage multiple deals simultaneously

Strong customer service and communication skills

Proficiency in loan management software and standard office software (Excel, CRM systems, etc.)

Why Join Us?

Competitive salary and benefits package

Opportunities for professional growth within a supportive team

Work in a high-energy, mission-driven environment that values innovation and teamwork

Seniority level
  • Seniority level Mid-Senior level
Employment type
  • Employment type Full-time
Job function
  • Job function Administrative, Accounting/Auditing, and Other
  • Industries Financial Services and Banking

Referrals increase your chances of interviewing at Jeffrey Agency by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Get notified when a new job is posted.

Sign in to set job alerts for Mortgage Loan Processor roles.

United States 55,000.00- 70,000.00 6 days ago

United States 9,000.00- 17,000.00 1 week ago

United States 54,500.00- 81,500.00 2 weeks ago

Arlington, VA 74,828.00- 93,535.00 1 week ago

United States 94,365.00- 113,890.00 3 weeks ago

United States 55,000.00- 65,000.00 2 months ago

KYC Onboarding Analyst Fintech Bank Full Remote

United States 90,000.00- 120,000.00 3 weeks ago

Atlanta, GA 43,694.00- 55,000.00 1 week ago

United States 45,000.00- 53,000.00 3 weeks ago

United States 45,000.00- 60,000.00 1 week ago

New York, United States 65,000.00- 75,000.00 5 days ago

United States 80,000.00- 85,000.00 1 day ago

United States 26,000.00- 48,500.00 9 hours ago

United States 60,000.00- 65,000.00 2 weeks ago

United States 61,000.00- 77,000.00 1 day ago

United States 65,000.00- 65,000.00 2 weeks ago

United States 40,000.00- 120,000.00 1 week ago

Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr
View Now

Mortgage Loan Processor

55905 Rochester, Minnesota Mayo Employees Federal Credit Union

Posted today

Job Viewed

Tap Again To Close

Job Description

Mayo Employees Federal Credit Union (MEFCU) is looking for someone with an eye for detail, a skill for organizing and prioritizing work, and a passion for providing excellent member service to join our team as a Mortgage Loan Processor.

Department: Mortgage & Business Lending

Days of Work: Monday - Friday, 8 AM to 5 PM

Salary range: $22 - $4.50 per hour based on experience

Location: Cascade Lake Business Center, Rochester, MN

FLSA Status: Nonexempt

Schedule: Full time

Hours/Pay Period: 80

Remote Worker: No

The Mortgage Loan Processor provides support and backup to the Mortgage and Lending Department. The Mortgage Loan Processor processes loan files in preparation of underwriting and prepares and coordinates loan documentation for loan closings. They ensure that all activities, functions and relationships are handled in compliance with the mission, goals and standard operating procedures of the credit union. Mortgage Loan Processors must be familiar with the Truth-In-Lending Act and Regulation Z, the Real Estate Settlement Procedures Act, HUD's Regulation X, and the Home Mortgage Disclosure Act and Regulation C. The Mortgage Loan Processor I also provides back up support for home equity loan processing and may perform other duties as assigned.

Duties and Responsibilities

Assists members with their first mortgage needs:

  • Accepts initial mortgage loan applications from the Mortgage Loan Officer. Orders appropriate verifications, appraisals, flood certifications, title work, insurance binders, etc.
  • Ensures that all required disclosures are accurate and are delivered to the member within regulated time frames according to Federal Regulations B, C and Z.
  • Maintains loan files by filing loan folders and supporting documents in an orderly fashion while awaiting submission to underwriting.
Works to ensure mortgage loan files are complete for underwriting submittal:
  • Reviews all residential mortgage loan applications received from the Mortgage Loan Officer to verify that application data is complete and meets established standards to include type and amount of mortgage, borrower assets, liabilities, and length of employment.
  • Ensures receipt of all necessary verifications from third parties to corroborate information the member has stated in the application (i.e., verification of employment, verification of deposit, debt obligations, etc.).
  • Follows up with third parties not completing required verifications in a timely manner.
  • Ensures written documentation is obtained for any derogatory credit history.
Performs final actions necessary to facilitate loan closing:
  • Schedules closings on all residential mortgages in accordance with the policies and procedures.
  • Responds to questions regarding closings and servicing from borrowers, settlement agents, real estate agents, or any other principal parties to the loan transaction.
  • Reviews all preliminary information sent by the closing agent such as title binder, survey, etc. for accuracy.
  • Ensures that the closing papers are complete and forwarded to the closing agent in a timely manner.
  • Reviews all closing papers after settlement to ensure that all documents have been properly received and executed in accordance with the closing instructions and the requirements of the secondary market and/or the third-party investor.
  • Ensures that all funds due to the credit union have been calculated correctly by the closing agent and received in a timely manner.
Requirements

Education and Experience Requirements

A high school diploma or equivalent AND two years of experience working in a financial institution.

All employees must be bondable by MEFCU's insurance policy. Continued employment is subject to maintaining a favorable bondable status per insurance standards.

Knowledge, Skills, and Abilities

Employees in this position are expected to possess and demonstrate the following knowledge, skills, and abilities throughout their employment:

Knowledge of : Truth-In-Lending Act and Regulation Z, the Real Estate Settlement Procedures Act, HUD's Regulation X, and the Home Mortgage Disclosure Act and Regulation C, overall credit union philosophy and operations, credit union products and promotions

Skill in : interpersonal communication, time management, organization, providing superior customer service

Ability to : manage time efficiently, perform multiple tasks simultaneously with a high degree of accuracy, be flexible to support work volumes, keep current on economic environment factors that may impact lending, work independently and as part of a team

Physical and Environmental Criteria

This physical effort required to perform this position is best described as: Sedentary. Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. The majority of this position involves computer work, which requires fine dexterity in the continuous movement of the wrist and fingers.

Sensory requirements necessary in the performance of the essential functions of this position include: sight, hearing, touch.

Environmental conditions that may exist in the performance of the essential functions of this job include: None.

Why Mayo Employees Federal Credit Union?

Our mission of caring for our members drives what we do every single day. Join our team and build your career in an environment where your work is valued, and you can make a difference in the lives of our members.

The Mayo Employees Federal Credit Union offers fantastic benefits, including:
  • Great Medical Plan Options
  • Six Paid Holidays and Generous Accrued Paid Time Off Plan
  • Employer-Paid Life and AD&D Insurance
  • Employer-Paid Short and Long-Term Disability Insurance
  • Employer-Paid Health Reimbursement Account for Dental/Vision Expenses
  • 401k Plan with Generous Employer Match
  • Tuition Assistance
  • Flexible Spending Accounts
  • Identity Theft Insurance
  • Employee Assistance Program
  • Discounted Pet Insurance Program


Salary Description

Starting pay range: 22- 24.50 per hour
View Now
Be The First To Know

About the latest Mortgage loan processor Jobs in United States !

Mortgage Loan Processor

22032 Fairfax, Virginia Atlantic Coast Mortgage, LLC

Posted today

Job Viewed

Tap Again To Close

Job Description

Our team is redefining the industry - and creating a culture of excellence.

Founded in 2011, Atlantic Coast Mortgage embodies a people-first culture rooted in commitment, character, and innovation. What began as a small team has grown into a thriving organization where our people remain the driving force behind our mission to redefine the mortgage industry. We believe individuals do their best work in an environment designed for success-and we're proud to be recognized by The Washington Post as a Top Workplace. As we continue to grow, we're not just hiring employees-we're looking for driven, energetic, and creative problem-solvers. If that sounds like you, and you're ready to build your career with a company committed to making meaningful change in our industry, we'd love to connect.

Job Description

Summary:

The primary function of the Mortgage Processor is to ensure the timely and accurate packaging of all loans originated by loan officers, while ensuring that the applicant's documents are accurate for processing and underwriting. The processor assumes responsibility as the point person from qualification to the final approval.

Essential Functions:

  • Strong knowledge of compliance rules and regulations
  • Proficiency in Encompass (LOS)
  • Follows specific guidelines for Fannie Mae and Freddie Mac investor regulations
  • Reviews loan applications for accuracy and completeness, ensuring standards are met.
  • Proficiency in understanding the loan profile to pre-underwrite conditions, with the goal set to manage and streamline the loan process with underwriting
  • Process documents, including income, assets, and employment, and analyze liabilities in a paperless work environment
Qualifications:
  • Minimum of 2 years of experience as a Mortgage Loan Processor
  • Previous experience with Conv, FHA, VA, VHDA, and USDA loans is required
  • Detail-oriented, ability to prioritize, and outstanding service are critical to succeed
  • Self-motivated with a strong sense of urgency-meet deadlines
  • Excellent verbal and written communication skills - be consistent and proactive with communicating with borrowers, loan originators, and other parties to the transaction while striving to maintain a high level of customer service
View Now
 

Nearby Locations

Other Jobs Near Me

Industry

  1. request_quote Accounting
  2. work Administrative
  3. eco Agriculture Forestry
  4. smart_toy AI & Emerging Technologies
  5. school Apprenticeships & Trainee
  6. apartment Architecture
  7. palette Arts & Entertainment
  8. directions_car Automotive
  9. flight_takeoff Aviation
  10. account_balance Banking & Finance
  11. local_florist Beauty & Wellness
  12. restaurant Catering
  13. volunteer_activism Charity & Voluntary
  14. science Chemical Engineering
  15. child_friendly Childcare
  16. foundation Civil Engineering
  17. clean_hands Cleaning & Sanitation
  18. diversity_3 Community & Social Care
  19. construction Construction
  20. brush Creative & Digital
  21. currency_bitcoin Crypto & Blockchain
  22. support_agent Customer Service & Helpdesk
  23. medical_services Dental
  24. medical_services Driving & Transport
  25. medical_services E Commerce & Social Media
  26. school Education & Teaching
  27. electrical_services Electrical Engineering
  28. bolt Energy
  29. local_mall Fmcg
  30. gavel Government & Non Profit
  31. emoji_events Graduate
  32. health_and_safety Healthcare
  33. beach_access Hospitality & Tourism
  34. groups Human Resources
  35. precision_manufacturing Industrial Engineering
  36. security Information Security
  37. handyman Installation & Maintenance
  38. policy Insurance
  39. code IT & Software
  40. gavel Legal
  41. sports_soccer Leisure & Sports
  42. inventory_2 Logistics & Warehousing
  43. supervisor_account Management
  44. supervisor_account Management Consultancy
  45. supervisor_account Manufacturing & Production
  46. campaign Marketing
  47. build Mechanical Engineering
  48. perm_media Media & PR
  49. local_hospital Medical
  50. local_hospital Military & Public Safety
  51. local_hospital Mining
  52. medical_services Nursing
  53. local_gas_station Oil & Gas
  54. biotech Pharmaceutical
  55. checklist_rtl Project Management
  56. shopping_bag Purchasing
  57. home_work Real Estate
  58. person_search Recruitment Consultancy
  59. store Retail
  60. point_of_sale Sales
  61. science Scientific Research & Development
  62. wifi Telecoms
  63. psychology Therapy
  64. pets Veterinary
View All Mortgage Loan Processor Jobs