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1 Mortgage Loan Processor Job in Westport, CT

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Bodner Law Group PLLC
Westport, CT | Full Time
$90k-123k (estimate)
6 Months Ago
Mortgage Loan Processor
$90k-123k (estimate)
Full Time 6 Months Ago
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Bodner Law Group PLLC is Hiring a Mortgage Loan Processor Near Westport, CT

Job Description: Account Manager (LoanProcessor)

Location: Westport, CT Office (in HouseONLY)

Lendmarq is a specialtyreal estate lender providing bridge and term loan products to residential realestate investors throughout the country. As a professional Account Manager(Loan Processor), your abilities to manage the loan process from lead toclosing, use detailed workflows, and communicate with stakeholders are yourkeys to success.

Essential Responsibilities

·Managethe real estate loan process from inception to closing using detailed workflows

·Superviseall administrative roles for borrower and seller transactions from contract toclose

·Aidreal estate agents, clientele, and other stakeholders’ requisite paperwork andensure the completion of all closing documentation

·Responsiblefor interfacing and communicating with stakeholders to ensure processing andunderwriting tasks are being done timely and accurately

·Coordinatetimelines with borrower’s title companies, insurance agents to obtain necessaryinformation

·Understandloan documents, mortgage process and loan origination system to effectivelymanage workflows

·Trackall outstanding items with stakeholders to ensure timely receipt of necessarydocumentation

·Maintaineffective communication on loan status with partners

·Assistleadership with the preparation and distribution loan level data

·Identifyand communicate risks and learn pitfalls to avoid when working through loanfiles

·Maintaina high level of confidentiality and security while handling personalinformation; verbal and/or written documentation

·Communicateclearly

Requirements

Experience and Training

·Two-yearcollege degree preferred

·Twoyears of Loan Processing or loan industry experience required

·Workingknowledge of real estate lending

·Proficientwith MS Office including Excel and Word

Knowledge, Skills, and Abilities

·Mustbe able to make good decisions and meet deadlines

·Abilityto write accurate reports and documents; holds self to a high level of quality

·Mustbe self-motivated and enthusiastic to obtain personal and company goals

·Abilityto stay organized to easily retrieve information and documents as needed

·Flexibilityto adapt to peak periods of heavy workload and pressure

Lendmarq is anequal opportunity employer

Benefits

·HealthBenefits begin coverage on the first day of employment

·401(k)

·EmployeeAssistance Program

·HealthInsurance

·HealthSavings Account

·LifeInsurance

·AD&DInsurance

·PaidTime Off

Job Summary

JOB TYPE

Full Time

SALARY

$90k-123k (estimate)

POST DATE

11/21/2023

EXPIRATION DATE

06/25/2024

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The job skills required for Mortgage Loan Processor include Loan Processing, Loan Origination, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Processor. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Mortgage Loan Processor positions, which can be used as a reference in future career path planning. As a Mortgage Loan Processor, it can be promoted into senior positions as a Loan Processor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Processor. You can explore the career advancement for a Mortgage Loan Processor below and select your interested title to get hiring information.

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If you are interested in becoming a Mortgage Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Processor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Mortgage Loan Processor job description and responsibilities

Loan processors must communicate regularly with loan officers and lenders to complete the loan process.

01/24/2022: Jacksonville, FL

Manages an active pipeline of loans (average of 15-20 loans monthly) and maintains timely and compliant flow of such loans through the process.

03/09/2022: Sarasota, FL

The Loan processor also helps to ensure that the loan approval stays within lending guidelines.

02/19/2022: San Bernardino, CA

Loan processors should be able to make right decisions at the right time.

03/30/2022: Springfield, MO

Responsible for providing clerical support for all mortgage loan processing activities.

04/03/2022: Worcester, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Mortgage Loan Processor jobs

Communicate with lenders regarding required loan documentation for complete file documentation.

01/24/2022: Rock Island, IL

Must have at least one year of loan processing experience.

03/14/2022: Saginaw, MI

Proficient knowledge of lending processes, loan principles, loan systems.

03/10/2022: San Bernardino, CA

Advanced knowledge of mortgage lending, processing, credit analysis, mortgage laws and regulations.

03/28/2022: Reno, NV

A comprehensive certification training program for new & existing loan processors.

02/20/2022: Rock Island, IL

Step 3: View the best colleges and universities for Mortgage Loan Processor.

Florida Southern College
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University of Notre Dame
Western Washington University
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