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Mortgage Loan Processor (Mortgage Access Corp)
Ref No.: 16-08569
Location: Morris Plains, New Jersey
The Loan Processor is responsible for ensuring assigned loan applications are processed and prepared in a timely manner, and meet all regulatory requirements. The position may process conventional, government, or state bond loans, as assigned by management.

Job Responsibilities:

Processes and prepares loans in a timely manner.
Makes mandatory calls to borrowers (i.e., welcome and commitment calls).
Pipeline manages all assigned loans working within stated timelines reflected in real estate sales contracts, as well as management established turnaround timelines.
Ensures that all loans are cleared and released to the Closing Department no later than five (5) days prior to scheduled closing.
Collects, reviews and submits acceptable documentation in a timely manner. Ensures completeness, accuracy, and legibility of all documentation.
Monitors and/or ensures compliance with Federal and State laws and regulations, in addition to Company policies and procedures.
Demonstrates a high level of professionalism and integrity in all internal and external interactions with employees and customers.
Consistently communicates with borrower and GSM via email and telephone to ensure smooth loan processing and that issues are addressed/resolved in a timely manner.
Ensures that investor requirements are met and warehouse lines are protected.
Ensures that data integrity exists with every transaction.
Performs other duties as assigned.
Requirements: Education, Certification, and License Requirements
High school diploma or GED
Associate's or Bachelor's degree preferred

Experience

A minimum of three (3) years of conventional, government and state bond loan processing experience required
Previous experience with Encompass loan origination system preferred
Knowledge, Skills, and Abilities

Thorough understanding of loan processing
General understanding of all areas of the mortgage industry
Proficiency in Microsoft Office suite of products
Good oral and written communications skills
Ability to multitask in a fast-paced environment
Strong analytical and problem solving ability
Strong attention to detail
Strong customer service skills
Basic math skills including addition, subtraction, multiplication, division, percentages, and fractions
Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.)
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.

ControlID: 14.234.89 SHR