Mortgage Processor - D.C.

About our Organization

Driven by a deep commitment to service and great experience, Atlantic Coast Mortgage, LLC (ACM) is able to deliver better, faster and more efficient mortgage services. The greater Washington, D.C. metropolitan, Maryland, Virginia area and Delaware real estate markets are among the most competitive in the country. The team of loan officers at ACM are experts in navigating the challenging, heavily regulated process, securing our clients financing smoothly and successfully - and helping them purchase the home they desire. ACM offers competitive pay, excellent benefits and a relaxed yet professional work environment.

ACM promotes an Equal Employment Opportunity (EEO) workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, protected veteran status, or any other status protected by law. If you are disabled and need assistance in the application process, please contact the ACM Human Resources department.

Summary:

The primary function of the Mortgage Processor is to ensure the timely and accurate packaging of all loans originated by loan officers, while ensuring that the applicant’s documents are accurate for processing and underwriting. The processor assumes responsibility as the point person from qualification to the final approval. The processor maintains a positive working relationship with peers and managers, as well as clients, underwriters, loan originators, closers and other referral sources.

Key Accountabilities:

• Must know compliance rules and regulations i.e. A.I.R., RESPA and Reg.Z
• Must be efficient in processing DE/DU & LP
• Proficiency in Encompass (LOS) preferred
• Highly efficient in Microsoft Office
• Must be knowledgeable and compliant with all client privacy and confidentiality laws
• Follows specific guidelines for Fannie Mae and Freddie Mac investor regulations
• Reviews loan applications for accuracy and completeness, ensuring standards are met
• Proficiency in understanding the loan profile to pre-underwrite conditions with the goal set to manage and streamline the loan process with underwriting.
• Analyzes and interpret credit report data
• Process documents including income, assets, employment, and analyze liabilities in a paperless work environment
• Communicates effectively with credit bureaus and applicant’s previous employers
• Demonstrates excellent professional and customer service skills

Qualifications:

• Associate degree preferred but not required
• Minimum of 2 years of experience as a Mortgage Loan Processor.
• Previous experience with Conv, FHA, VA, VHDA and USDA loans is required.
• Detail oriented, ability to prioritize, and outstanding service are critical to succeed
• Strong sense of urgency-meet deadlines
• Self-motivated, must be capable to independently process a wide variety of loan products and maintain a pipeline of 25+ loans
• Excellent verbal and written communication skills - be consistent and proactive with communicating with borrowers, loan originators and other parties to the transaction while striving to maintain high level of customer service.
• Proficiency to perform job duties in a high-paced environment, with the ability to manage time effectively
• Flexible ability to multi-task
• Retains a strong, productive work ethic
• Ability to commute and work out of D.C.