Mortgage Processor

3-Month Contract

Job Description

The Mortgage Processor is responsible for collecting, verifying, and accurately entering all information required to support credit decisions on residential mortgage applications. This role plays a critical part in ensuring loan files are complete, compliant, and prepared for underwriting review.

Key Responsibilities

• Prepare and distribute all required regulatory disclosures in a timely manner.
• Order, retrieve, and review appraisals and flood certifications.
• Submit loan applications through automated underwriting systems and analyze decision results.
• Communicate with applicants, Home Loan Consultants, and Home Loan Assistants to obtain required documentation.
• Review incoming documentation for accuracy and update the Loan Origination System (LOS) as needed.
• Organize and review complete loan files and submit them to underwriting.
• Manage an assigned loan pipeline, ensuring contingency and closing deadlines are met.
• Partner with Home Loan Consultants to identify viable solutions while maintaining high credit quality standards.
• Maintain detailed and accurate loan activity notes within the system.
• Request and review verifications such as VOE, VOD, and VOM, as applicable.
• Provide applicants with regular status updates throughout the loan process.
  
  

Required Skills

• Strong verbal and written communication skills.
• Basic PC proficiency.
• Ability to manage multiple tasks and priorities simultaneously.
• Excellent customer service and pipeline management skills.
• Proven ability to handle confidential information with professionalism and integrity.
• Working knowledge of Client, FHLMC, FHA, and VA underwriting guidelines.
  
  

Required Experience

• High School Diploma or GED required.
• Minimum of 3-5 years of experience in residential mortgage processing.