Mortgage Processor

General Requirements

Typing Skills:
Ability to enter data quickly and accurately

Attention to Detail:
Ability to review multiple documents/data points and identify anomalies

Communication Skills:
Both written and verbal

Customer Service:
Willing to serve and provide great customer experiences

Mortgage Skills Required

Good understanding of all mortgage documents and the entire origination process.
Minimum 2 years of experience in US mortgage Processing. Must have experience in End to End processing of Conventional, FHA loans. Knowledge of VA and USDA loans will be an added advantage.
Must be able to do rough income calculation and review assets on file.

Must be able to maintain a pipeline of 30 loans and communicate with the borrower, loan officer as well as third parties efficiently.

Must be able to run AUS on file and submit processed loans for underwriting.
Should be able to identify AUS red flags.
Must be able to coordinate with processing assistants for various tasks on a file.
Must have experience of coordinating with Loan Officers, Borrowers and Underwriters

Job Responsibilities

Process loans with the LOS as per lender instructions
Work with the processing assistant to get help on administrative tasks
Review loan file and identify missing documents
Communicate with borrowers, loan officers and third parties for collecting various documents and status updates
Calculate income, review assets and run AUS
Identify any red flags and work on fixing the same
Submit the file for Underwriting
Work on fulfilling conditions added by the underwriter
Send status updates to the borrower and loan officer

---