Mortgage Loan Processor Jobs

About The Position

Requirements

• At least 3 years of mortgage loan processing experience, including experience with Freddie Mac or Fannie Mae guidelines.
• Proficiency with mortgage processing software; MeridianLink LOS is preferred.
• Proficiency with Microsoft Office.
• Strong organizational skills and excellent attention to detail.
• Ability to communicate professionally and promptly with customers, staff, and third parties.
• Familiarity with real estate lending guidelines and federal compliance requirements.
• Ability to prioritize tasks, work independently, and meet deadlines while maintaining confidentiality.

Nice To Haves

• Experience with MeridianLink LOS.

Responsibilities

• Process FHA, VA, Conventional, WHEDA, and other loan programs by reviewing documentation and submitting complete files for underwriting approval.
• Prepare initial disclosures and re-disclosures in accordance with Regulation Z and applicable regulatory deadlines.
• Verify supporting documents, including appraisals, credit reports, income documents, title commitments, and flood determinations, for completeness and accuracy.
• Monitor daily pipeline reports, track commitment and rate expiration dates, and promptly update loan officers on status changes.
• Provide timely, professional loan-status updates and communicate missing-documentation needs to loan officers, customers, and third-party vendors.
• Stay current on Federal and State regulations, including RESPA, Regulation Z, Regulation B, HMDA, ECOA, and FCRA, and ensure files meet compliance standards.
• Mentor less experienced team members and provide backup for other processors as needed.
• Accurately enter required data in HMDA/CRA reports and handle adverse action applications.

Benefits

• 401(k) with company match.
• Tuition reimbursement for full-time employees.
• Medical, dental, and vision coverage for full-time employees.
• Paid vacation for full-time employees.
• Up to 20 hours of paid vacation after 6 months for part-time employees who meet the stated eligibility condition of averaging at least 20 hours per week.
• Major holidays off.
• Predictable schedule with no early mornings or late nights.