Mortgage Loan Processor

Troy, MI, US, United States

Job Description

Job Overview


We are seeking a detail-oriented and experienced Mortgage Processor to join our dynamic team. The ideal candidate will play a crucial role in the loan origination process, ensuring that all documentation is accurate and compliant with industry regulations. This position requires a strong understanding of financial services, underwriting processes, and mortgage servicing. The Mortgage Processor will work closely with loan officers and clients to facilitate smooth transactions and uphold the highest standards of customer service.

Duties



Review and verify loan applications for accuracy and completeness. Process mortgage loans from origination through closing, ensuring compliance with FNMA guidelines. Conduct credit analysis to assess borrower qualifications. Collaborate with loan officers to gather necessary documentation and resolve any issues. Prepare and review contracts, ensuring adherence to Fair Housing regulations and TILA requirements. Maintain accurate records of loan processing activities and client communications. Utilize basic math skills for calculations related to loans, escrow, and other financial components. Perform 10 key typing for data entry tasks efficiently. Communicate effectively with clients, providing updates on loan status and addressing inquiries.

Experience



Previous experience in mortgage processing or related financial services roles is preferred. Familiarity with underwriting processes, loan origination, and mortgage servicing is essential. Knowledge of Fair Housing regulations, TILA compliance, and credit analysis techniques is highly desirable. Experience working as a loan officer or in banking environments is a plus. Proficiency in basic math calculations relevant to the mortgage industry is required. Join our team as a Mortgage Processor where your expertise will contribute to helping clients achieve their homeownership dreams while ensuring compliance and efficiency throughout the loan process.
Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Work Location: In person

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Job Detail

  • Job Id
    JD5822991
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    50000.0 60000.0 USD
  • Employment Status
    Permanent
  • Job Location
    Troy, MI, US, United States
  • Education
    Not mentioned