Mortgage Loan Processor

New Hampshire Mutual Bancorp•Meredith, NH

9d•$23 - $27•Hybrid

About The Position

The Merrimack is seeking a detail-oriented and organized Mortgage Loan Processor to join our Residential Lending team and support borrowers through an important financial milestone. In this role, you will manage mortgage loan files from application through closing, helping ensure documentation is accurate, complete and aligned with applicable requirements. You will work closely with borrowers, Mortgage Loan Officers, underwriters and vendors to keep the loan process moving efficiently while providing timely communication and a positive lending experience.

Requirements

Six to twelve months of mortgage loan processing experience, preferably in a banking environment
Knowledge of banking operations, loan processing and related regulations preferred
Working knowledge of secondary market mortgage products
Strong attention to detail, organization and follow-through
Excellent verbal and written communication skills
Ability to build effective relationships with internal teams, borrowers and external partners
Solid working knowledge of Microsoft Word and Excel

Responsibilities

Communicate with borrowers, lenders and third-party vendors to support timely loan file completion
Review mortgage loan applications for accuracy, completeness and required documentation
Prepare and send initial disclosures and re-disclosures within required timeframes
Order appraisals, flood certifications, legal documentation and employment verifications as needed
Review purchase and sales agreements, earnest money deposits, credit reports, income documentation and funds for closing
Monitor the loan pipeline daily and provide timely status updates to Mortgage Loan Officers
Submit files to underwriting, request additional documentation and prepare files for closing once cleared
Maintain accurate information in the loan operating system and support compliance with applicable regulations