Job Description

Overview

We are seeking a detail-oriented and experienced Contract Mortgage Processor to join our financial services team. The ideal candidate will play a vital role in managing mortgage loan documentation, ensuring compliance with industry regulations, and facilitating smooth loan processing from application to closing. This position offers an opportunity to work within a dynamic environment that values accuracy, efficiency, and adherence to regulatory standards such as FNMA, TILA, and Fair Housing regulations.

Duties

Review and verify mortgage loan documentation for completeness and accuracy Coordinate with loan officers, underwriters, and escrow officers to facilitate the loan process Prepare and process contracts, disclosures, and other legal documents in compliance with federal and state regulations Conduct credit analysis and assess borrower financial information to determine loan eligibility Ensure adherence to FNMA guidelines, TILA regulations, and Fair Housing laws throughout the processing cycle Manage loan origination workflows, including data entry using 10-key typing and basic math calculations Monitor escrow accounts and ensure proper documentation for mortgage servicing Communicate effectively with clients to gather necessary documentation and provide updates on loan status Maintain organized records of all loan files in accordance with company policies

Skills

Strong knowledge of FNMA guidelines, underwriting processes, and mortgage servicing procedures Experience with loan origination, processing, and credit analysis within the financial services or banking industry Familiarity with Fair Housing regulations, TILA disclosures, and mortgage contracts Proficiency in basic math skills including escrow calculations and financial assessments Ability to perform 10-key typing efficiently for data entry tasks Excellent organizational skills with attention to detail to ensure compliance and accuracy Effective communication skills for interacting with clients, lenders, and regulatory agencies Knowledge of loan officer functions is a plus but not required; a background in banking or financial services is beneficial
This role is essential for ensuring the integrity of the mortgage process while supporting our commitment to regulatory compliance and exceptional client service.

Pay: $51,142.20 - $61,590.61 per year

Work Location: Remote