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Mortgage Processor (Nationwide Equities Corporation)
Ref No.: 16-07284
Location: Mahwah, New Jersey
The processor's job is to prepare your file for presentation to the underwriter and to gather all required documentation. He or she must make sure all proper documentation is included, that all numbers are calculated correctly and double checked, and that everything is stacked in the proper order. A well processed loan file increases your chances of getting a loan and can decrease the amount of time until your loan closes.
  • Manages a pipeline of loans and maintains timely and compliant documentation and updates of loans throughout processing.
  • Reviews residential loan application to verify application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
  • Recognizes and recommends that loans not meeting standards be denied.
  • Gather all important data from Client (i.e income, assets).
  • Ensure all documents are accurate in content and are provided to members within appropriate timeframes.
  • Reviews credit reports and calls/writes to employers to verify information accuracy.
  • Calls specified companies to obtain property abstract, survey, and appraisal. Informs supervisor of discrepancies in title/survey.
  • Responsible for stacking, scanning, copying, and transmitting files.
  • Maintains up to date knowledge of policies and procedures, standards and regulations applicable to the company and mortgage industry. Understands and applies local, state and federal regulations related to processing mortgage loans.
Education/Work Experience:
  • High school diploma or equivalent.
  • Current knowledge of mortgage products, policies & procedures is required.
  • Strong client service & technical skills (Microsoft Office, Encompass, Reverse Vision).
  • Strong communication, time management and organizational skills are required.
Knowledge and Skills Requirements:
  • Superior communication skills with ability to multi task.
  • Strong organizational skills and attention to detail.
  • Ability to prioritize and work well with others.
  • Basic computer skills/understanding.
Compensation : Salary, and monthly bonuses.
Job Type : Full-Time (9-5)
We appreciate your application!
Job Type: Full-time
Required education:
  • High school or equivalent
Required experience:
  • Mortgage Loan Processing: 2 years
Required license or certification:
  • Driver's License
ControlID: 14.234.89 SHR