Mortgage Loan Processor (Full Time)
About The Position
As a Mortgage Loan Processor, you will play a critical role in facilitating the mortgage loan approval process by ensuring all necessary documentation is accurate, complete, and compliant with regulatory standards. You will act as the liaison between loan officers, underwriters, and borrowers to gather and verify financial information, employment history, and credit data. Your attention to detail and organizational skills will help streamline the loan processing timeline, contributing to a positive borrower experience and timely loan closings. This position requires a thorough understanding of mortgage products, loan documentation, and industry regulations to mitigate risks and support the underwriting team effectively. Ultimately, your work will directly impact the successful funding of mortgage loans, supporting both the financial institution’s goals and the homeownership dreams of clients across the United States.
Requirements
- High school diploma or equivalent required.
- Minimum of 1-2 years experience in mortgage loan processing or a related financial services role.
- Strong knowledge of mortgage loan products, documentation requirements, and regulatory compliance.
- Proficiency with loan origination software and Microsoft Office Suite.
- Excellent communication and organizational skills with a strong attention to detail.
Nice To Haves
- Certification as a Certified Mortgage Processor (CMP) or similar industry credential.
- Experience working with FHA, VA, and conventional loan programs.
- Familiarity with automated underwriting systems such as Desktop Underwriter (DU) or Loan Prospector (LP).
- Ability to manage multiple loan files simultaneously in a fast-paced environment.
- Prior experience in customer service or client-facing roles within the mortgage industry.
Responsibilities
- Review and verify loan application documents for completeness and accuracy, including income, assets, credit reports, and employment verification.
- Communicate with borrowers to collect missing information and clarify discrepancies in documentation.
- Coordinate with loan officers, underwriters, and third-party vendors to ensure timely processing of mortgage loans.
- Maintain detailed records of loan files and ensure compliance with federal, state, and company regulations.
- Track loan status and provide regular updates to internal teams and borrowers to facilitate smooth loan closings.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
