Mortgage Loan Processor

Overview

Join our dynamic financial services team as a Mortgage Loan Processor, where your expertise will drive the seamless processing of mortgage applications from start to finish. This vital role ensures that each loan meets regulatory standards, adheres to industry best practices, and aligns with our commitment to delivering exceptional customer experiences. As a Mortgage Loan Processor, you will be the key facilitator in transforming complex financial data into clear, actionable insights that support informed lending decisions. Your proactive approach and attention to detail will help us maintain compliance, mitigate risks, and uphold our reputation for integrity and excellence in mortgage lending.

Responsibilities

• Review and verify all borrower documentation to ensure completeness, accuracy, and compliance with federal and state regulations.
• Analyze financial statements, credit reports, income verification, and asset documentation to assess borrower eligibility.
• Collaborate with underwriters to facilitate timely loan approvals by providing detailed loan packages and addressing any discrepancies or issues.
• Utilize financial software and SQL databases to track application progress, generate reports, and maintain meticulous records of all loan processing activities.
• Conduct thorough fraud prevention and detection procedures to identify potential risks or inconsistencies within loan applications.
• Ensure adherence to industry knowledge of financial regulations such as securities law, GAAP (Generally Accepted Accounting Principles), SOX (Sarbanes-Oxley Act), and banking regulatory compliance standards.
• Prepare and review regulatory reporting documentation while maintaining compliance with governmental accounting standards and industry-specific financial concepts.
• Support trade settlement processes related to mortgage transactions and assist in audit preparations by maintaining organized records of all processed loans.
• Apply advanced Excel data analysis skills, including pivot tables and data validation techniques, to streamline workflow efficiencies.
• Stay informed about industry trends in fixed income financial markets, investment management principles, cash management practices, and financial analysis techniques relevant to mortgage lending.
• Licensed independent contractor.

Skills

• Extensive experience in accounting and finance with a focus on banking operations or mortgage processing.
• Strong understanding of financial concepts such as investment management, cash flow analysis, and regulatory compliance frameworks.
• Proficiency in financial software systems used within the mortgage industry; familiarity with SQL databases is highly advantageous.
• Expertise in fraud prevention strategies and detection methods specific to mortgage lending environments.
• Knowledge of securities law, governmental accounting standards, and industry regulations governing financial services.
• Ability to analyze large datasets using Excel pivot tables and perform detailed data analysis for process improvements.
• Familiarity with trade settlement procedures within the context of mortgage transactions; experience with financial software platforms is preferred.
• Excellent organizational skills with a keen eye for detail to ensure accuracy across all documentation processes.
• Strong communication skills for effective collaboration with underwriters, auditors, regulators, and team members committed to operational excellence.

Embark on a rewarding career where your expertise directly impacts our clients’ homeownership dreams! We are dedicated to fostering an inclusive environment that values your professional growth while ensuring you have the tools needed for success in the fast-paced world of mortgage processing.

Pay: $52,384.62 - $63,086.85 per year

Work Location: In person

Salary : $52,385 - $63,087