Mortgage Loan Processor performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Being a Mortgage Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Mortgage Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Mortgage Loan Processor works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Mortgage Loan Processor
Bellwether Community Credit Union (BCCU)
Merrimack, NH
Full-time - Non-Exempt
Pay - $25-$29 based on experience
Overview
Bellwether Community Credit Union (BCCU) is seeking an experienced professional for the position of Mortgage Loan Processor.
For over 100 years, we've made New Hampshire our home and have provided thoughtful guidance and customized solutions to help our members.
As one of the "Best Places to Work" in New Hampshire for 10 years, BCCU is a community-based credit union with a strong commitment to "people helping people".
The Job
The Mortgage Loan Processor is responsible for loan file computer set up and ordering of all loan documentation required on residential loan applications which are in first lien position and collection and evaluation of all documented information required.
This person will verify through alternate documentation or outside sources, the validity of the application information, calculate debt-to-income and loan-to-value ratios, and assemble a completely documented file for submission to underwriting with a letter of recommendation.
The Loan Processor will also be responsible for scheduling mortgage closings with all stakeholders, reviewing mortgage files to ensure required documents are complete and accurately meeting all applicable federal regulatory and compliance standards.
Key Priorities Include
Log documents into the loan file and computer system.
Qualifications
General knowledge of NH Real Estate Law.
Work Environment
As part of the Bellwether Team, you'll experience our commitment to your personal and professional success through our "Best Places" culture, training opportunities, competitive salary, and benefits package.
Job Posted by ApplicantPro
Last updated : 2024-04-05
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