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Mortgage Loan Processor (Stamford, CT)

Mortgage Loan Processor (Stamford, CT)

Location: Stamford, CT | Base + Per Loan Bonus + Benefits Package

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We are currently recruiting for a Mortgage Loan Processor to join a growing Mortgage Lending team in Stamford, CT (fulltime in-office). The ideal candidate will have at least 1 year of experience processing various types of Mortgage Loans. Candidates must have working knowledge and understanding of loan applications, credit report, asset statements (including sourcing large deposits and EMD's), income docs (including paystubs, W-2's, tax returns), appraisals, title work, etc...and the ability to identify possible deficiencies in file, including possible fraud/risk and ask appropriate questions, obtain clarifications and/or updated documents. This is a fulltime permanent position offering competitive Base (DOE) + Per File Bonus + Benefits Package.

Responsibilities:

  • Review all documents supplied by borrower(s)
  • Confirm data in LOS matches supplied documents: Income, Asset balances and details of transaction
  • Review and confirm that all documents are legible and acceptable to submit to underwriting
  • Order third party supporting documents to process the file: Appraisals, Tax transcripts, Condo documents, SSN verifications
  • Organize and prepare loan for submission to underwriting through lender portals
  • Review approvals with borrowers, attorneys, realtors, and title companies
  • Ensure application meets all deadlines: Mortgage contingencies, Closing dates
  • Manage rate locks to ensure loans close on time
  • Manage document expiration dates to ensure files are always up to date
  • Meet turn-times established by management on all files
  • Keep all files up to date in LOS
  • Keep Loan officer updated on all loans
  • Coordinate closings with bank closer, attorneys/settlement agents and borrowers

Local candidates only. No sponsorship. Must live in commutable range to Stamford, CT office. Fulltime in-office. Base + Per File Closed Bonus + Benefits Package. To apply email resume to petrina@bellwetherstaffing.com