Mortgage Processor

Location: Parsippany, NJ
Date Posted: 11-11-2017
We are seeking an experienced, knowledgeable mortgage loan processor.
  • Bachelor’s Degree preferred
  • Experience: 3 – 5 years mortgage processing experience
  • Knowledge of Encompass system preferred
  • Knowledge of Conventional, FHA and VA guidelines
  • Knowledge of State/Federal regulations to maintain loan file compliance
  • Excellent oral and written communication skills required.
  • Strong ability to multi task, in a fast paced working environment.
  • Strong customer service orientation
  • Strong Microsoft Office skills required.
Duties and Responsibilities include:
  • Verifies and compiles documentation for loan files.
  • Verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
  • Verifies validity of information through third party sources such as FraudGuard and the execution of the 4506T.
  • Insures Title and Appraisal orders have been completed.
  • Advises borrowers and attorneys of loan approval and conditions.
  • Types and delivers mortgage commitment letters.
  • Gathers conditions and submits to underwriting for final approval and “clear to close”
  • Records data on status of loans, including number of new applications and loans approved, canceled, or denied, using Encompass.
  • Maintains pipeline standards – cancels and withdraws files in timely manner
  • Communicates with mortgage banker, attorney and borrower throughout the loan process to insure that all parties are notified of issues and progressions on the mortgage file.
Thank you,
Meg Reilly
VP of Recruiting
TOLL FREE: (800) 603-1651
FAX: (480) 287-9066
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