Mortgage Processor

Job description

This position processes all mortgage loans assigned from the loan officers or supervisors by performing the following essential duties and responsibilities. Primary Duties: - Review all new loan applications within 72 hours of receipt of file to ensure compliance with all investor agency/federal compliance guidelines. - Update loan files, the mortgage computer system, and the tracking system as information is received; prepare final loan package for closing and final approval. - Determine information needed from customers to successfully process the loan, obtain credit reports, order appraisals, title binders, surveys and tax transcripts; mail verification of deposit, verification of employment, and verification of mortgage forms, and update loan files and tracking systems when forms are returned. - Review and analyze credit documents for accuracy and compliance with investor/ agency guides. Identify potential problems and discusses them with loan officer and/or supervisor. - Serve as the contact for borrowers, sellers, and agents involved in loan file, notifying and working with them to resolve any problems that may arise. - Submit the loan file directly to the underwriting depart...