Mortgage Processor Mid-Range Job Details
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| Job Number: |
4-237646 |
| Job Title: |
Mortgage Processor Mid-Range |
| Career Level: |
Mid-Range |
| Profession: |
Banking |
| Job Type: |
contract |
| Location: |
Rocky Hill, Connecticut |
| Salary: |
$15.00 - $18.00 / Hour |
| Hours: |
8am-5pm |
| Posted: |
04/12/10 |
Required Skills:
Mortgage Closer
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Detailed Job Description:
Mortgage Processors:
Reviews the loan application submitted and structures the loan to accommodate the Automated Underwriting findings and/or members needs.
May be responsible for preparing 3-Day Doc package to be sent to the member within regulatory required time frames. When responsible, submitting all or a portion of packages to underwriting prior to delivery with ongoing improvement in underwriting submissions.
Orders and tracks all required documentation to assure processing timeframes are being met and updates system, calendars and front of loan file with status.
Works with the customer, client and closing agent to resolve questions and/or problems immediately upon inquiry or receipt of documentation from the customer.
Submits fully processed files through automated underwriting system and submits to Underwriting Department for decision if required. Resolves issues and shows ongoing improvement in reducing issues identified by Underwriter.
Verifies product, rate and point structure according to client specifications.
Prepares, ensures the accuracy and timely delivery of commitment letters. Rediscloses ensuring accuracy and timely delivery as needed. Reviews appraisals, titles, and purchase and sales contracts as received, submits them to u/w if necessary, makes all required calls, system updates and orders any addendum required related to the review.
If client specifications require; Reviews loan for clear to close items and confirms the file is being submitted to the closing department accurately
Clears all underwriting conditions working with customer and outside vendors
Reviews loan for clear to close items.
Assures documents are delivered to the Closing Dept. in a timely manner. Review and monitor the pipelines on a daily and weekly basis
Must have a minimumof 3+ years recent experience working with FHA first mortgages.
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