Sr. Mortgage Loan Processor
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About The Position
The Senior Mortgage Loan Processor provides highly skilled professional assistance in the processing of residential mortgage loans. This role involves identifying and analyzing all required documentation necessary to facilitate mortgage loan approvals from mortgage investors and underwriters. The processor must accurately spread and calculate self-employed income from tax returns, including personal, corporate, or business returns. They ensure that all credit packages meet quality standards for completeness, accuracy, and timelines established for the loan type. The processor prepares the loan file for submission to underwriting, including required documentation and figures for the mortgage loan closer to prepare the required closing disclosure. Compliance with regulatory requirements and corporate guidelines is essential, as is support for credit policy and all Federal and State Lending Regulations. The Senior Mortgage Loan Processor will also assist and actively participate in training a Mortgage Loan Assistant if one has been assigned.
