Collateral Processor

Fairway Independent Mortgage Corporation • Carrollton, TX

1d • Onsite

About The Position

Collateral Specialist (Temporary) Location: In-Office (Carrollton, TX) We are looking for a highly organized, detail-oriented Collateral Specialist to join our team for a temporary engagement. In this critical role, you will be responsible for the physical and digital processing of loan collateral—ensuring that legal documents are accurate, separated, and shipped to our warehouse banks daily. If you thrive in a fast-paced environment where "same-day" is the standard, this is the role for you.

Requirements

• 3+ years of related experience in mortgage, title, or financial services.
• Proficiency in Encompass and MS Office products is highly preferred.
• Proven ability to research information and solve problems in a changing environment.
• Ability to work in a traditional office setting and lift/move file boxes up to 25 lbs.
• High School Diploma or GED required.

Responsibilities

• Manage the collateral for 1st liens, 2nd liens, and specialty files (CEMA, Co-Op, Correspondent, and Bond loans), prioritizing by funding dates to meet strict daily deadlines.
• Review Notes, Security Instruments, and closing packages for absolute accuracy, requesting corrections from title companies or attorneys as needed.
• Prepare, package, and ship physical collateral to Warehouse Line Banks by end-of-business daily to ensure uninterrupted funding.
• Perform precise data entry within Encompass and other systems of record to track the movement and status of every file.
• Rapidly resolve collateral exceptions flagged by warehouse banks to keep the pipeline moving.
• Review trailing documents and final closing packages for scanning and archival.

What This Job Offers

• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 1-10 employees