Mortgage Loan Processor

Howard Hanna Real Estate Services • Cleveland, OH

1d • Onsite

About The Position

Howard Hanna Mortgage seeks a full-time Mortgage Loan Processor. This role involves reviewing application packages for compliance, maintaining communication with applicants, notifying parties of underwriting decisions, preparing files for the closing department, and managing loan pipelines. The processor will also work closely with the post-closer and Operations Manager to ensure all requirements are met and reports are accurate.

Requirements

• Three (3) years of mortgage banking experience, preferable in loan processing
• High school diploma required
• Experience processing files in New York State required
• Excellent communication skills (oral, written and phone)
• Ability to interact effectively with customers and other company staff to solve problems and contribute to the team
• Strong analytical skills with aptitude for figures
• Reliable, proactive, and self-motivated
• Exceptional attention to detail with the ability to handle multiple duties
• Proficient in Microsoft Office programs and data entry
• Manage workload and meet deadlines

Responsibilities

• Review application package for required program disclosures and Company, Agency, Investor, RESPA and ECOA compliance.
• Maintain open line of communication with the applicant throughout the processing period, assisting them with any questions and notifying them of any additional information or documents required.
• Notify borrowers and Finance Manager of underwriting decision and any condition that must be satisfied prior to title transfer.
• Send out all applicable approval letters to parties, borrower, finance manager, selling realtor, etc.
• Copy credit package and prepare file for closing department. Be sure information for insurance is in file.
• Maintain an accurate pipeline record and update for all loans in process.
• Work closely with post-closer to meet any additional requirements from investor for their completion to purchase.
• Work closely with Operations Manager to maintain updated QC reports, make any corrections necessary and remit to QC for review.
• Perform all other duties and tasks as may be directed by the employee’s supervisor and/or management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 11-50 employees