Mortgage Processor

Job description

Position Summary: The Mortgage Processor is responsible for evaluating, authorizing approval or denial of applications for people or businesses. The Mortgage Processor will act as the liaison between potential clients and our growing financial institution by researching credit records, determining client needs and recommending the best loan products for the loan package. Essential Functions: - Interview applicants, research applicant credit status and current financial position to evaluate their eligibility for a mortgage loan. - Identify and recommend products that meets the customer’s needs and the originations leading guidelines. - Conclude on all applicable financial and non-financial criteria and development loan repayment plans. - Collect and prepare all necessary documentation for the loan package. Check documents for proper vesting, legal descriptions, closing dates and signatures. - Finalize loan contracts and keep clients informed in rules and obligations. - Completes all required disclosure/verifications during the mortgage application and underwriting process. - Regular, reliable, and predictable attendance. Marginal Functions: - Comply with industry-related regulations...