Mortgage Loan Processor (Northeast)

CMG Financial

12d•$60,000 - $65,000

About The Position

CMG Home Loans is hiring a Loan Processor to support a group of Loan Officers in the Northeast. This role is responsible for managing and executing all tasks required to ensure loan files are processed accurately, efficiently, and in full compliance with regulatory and company guidelines. The Loan Processor will play a critical role in delivering seamless and timely loan experience for both clients and business partners. Must have experience processing loans for the Northeast and able to work Eastern Time.

Requirements

Able to handle a pipeline of 50+ loans and funds at least 20 loans per month.
Willing to jump in and do anything to get loans processed and to closing on time.
4-5 years of Retail loan processing experience.
Experience processing Conventional and Government (FHA/VA) and/or Non-QM loans.
Excellent customer service skills
Ability to prioritize and work independently with minimal supervision
Proficient in Microsoft Office, Word, Excel, Outlook, etc.
Excellent communication skills, both written and oral
Ability to work in a fast-paced fluid environment and open to Overtime when needed.
High level of integrity and confidentiality required

Nice To Haves

Familiarity with Byte preferred.
Technical Skills: Proficiency in loan origination systems (e.g., Byte is a plus) and automated underwriting systems (FNMA/FHLMC)

Responsibilities

Process residential mortgage loans (Conventional, Purchase, FHA, VA, Non-QM and Refinance) in a manner consistent with all company policies and procedures as well as all regulatory requirements.
Analyze complex financial documentation and provide income calculations. Also reviews assets, and credit documents; order appraisals, title reports, and verify information is accurate and complete.
Request, Obtain and review required loan documentation from the borrower and 3rd party vendors and submits complete loan packages to Underwriting for approval.
Obtain and review required loan documentation and submits complete loan packages to Underwriting for approval.
Manages a pipeline of loans and maintains timely and compliant flow of such loans through the process.
Communicate with loan officers, buyers, sellers, title companies, builders and agents.
Provides excellent customer service by effectively communicating and cooperating with all internal and external customers.
Monitors and ensure closing dates and company deadlines are met.
Obtains and verifies that all underwriting conditions are received and cleared by the underwriter and prepares the file for submission to the Closing Department.
Keeps abreast of changes in policies and procedures, standards and regulations applicable to the company and the mortgage industry. Understands and applies local, state and federal regulations related to processing mortgage loans.
Complies with all company policies and procedures.