Mortgage Loan Processor jobs in Somerset, NJ

Job Details

Job Location 4650 Netcong - Netcong, NJPosition Type Full TimeEducation Level High SchoolTravel Percentage NoneJob Category Finance

Description

AnnieMac Home Mortgage is looking to hire a Full Time Processor to be responsible for the processing of conventional, FHA, VA, and / or USDA loans as in accordance with all company, investor, and insurer guidelines.

Candidates should have experience directly related to the Mortgage Industry. Under the direct supervision of the Processing Manager, the job responsibilities of the Processor position include, but are not limited, to the following :

• Enter all data on new loans as received into the computer system as needed for initial submission through the appropriate Loan Origination System (LOS).
• Maintain an open line of communication with the borrowers, loan originator, underwriter, realtor, and / or builder throughout the entire process assisting each as needed.

Monitor all incoming mail and documents for verification information on data used to obtain any loan approval. Log all incoming data into the LOS for tracking purposes.

• Register loans and obtain FHA and VA numbers, as applicable. Order credit report and private mortgage insurance from Company approved service providers, as required, by the loan approval.
• Prepare all loans approved for closing by collecting / obtaining all information / documentation required to clear any underwriting approval conditions.

Obtain any clear / satisfactory certifications required by the loan approval, property type, investor / insurer guidelines and / or appraisal.

Notify Closing Department of all loans scheduled to close and supply them with the file at least 48 hours prior to the scheduled date.

When loans are scheduled for closing, responsible for delivering a completed package to Closing Department to ensure approved credit package has the appropriate information.

Complete all Company mandatory trainings within the required timelines.

Qualifications

• 1 years experience in the mortgage industry, preferrably processing loans.
• High school Diploma or equivalent.
• Excellent communication skills.

AnnieMac Home Mortgage is an Equal Opportunity Employer

Last updated : 2024-04-24