Mortgage Loan Processor / Junior Underwriter

vacancy global pro; India; On-site; INR 3,158,000 - 4,737,000; Full time

Benefits offered by this job

Remote work up to 2 days/week

Competitive benefits including 401K

Job summary

reputed company is seeking a Mortgage Loan Processor / Junior Underwriter to manage administrative processing duties and develop core skills under the VP Mortgage Lending. The role ensures residential mortgage files are fully compiled, verified, and analyzed per policies and secondary market guidelines.

The position offers remote flexibility up to 2 days per week after 3 months, with a compensation range noted as $24.02–$36.03 per hour depending on experience and qualifications.

Qualifications

• Residential mortgage loan processing experience preferred.
• Familiar with DU, PMI guidelines and regulatory requirements.
• Ability to issue disclosures and track loan conditions.

Responsibilities

• Process mortgage loan applications to meet deadlines.
• Coordinate appraisals, VOE, VOD, and tax validation.
• Monitor loan pipeline and lock expirations.
• Collaborate with originators and borrowers to obtain signed disclosures.
• Ensure compliance with BSA, OFAC and investor guidelines.

Skills

Mortgage processing

Underwriting basics

Documentation

Compliance knowledge

Education

High School Diploma or equivalent

Tools

LOS (Loan Origination System)

Job description

reputed company

The Mortgage Loan Processor / Junior Underwriter performs a dual role, managing comprehensive administrative processing duties while simultaneously developing foundational reputed company skills under the guidance of the VP Mortgage Lending and mortgage reputed company staff. This position ensures residential mortgage loan files are fully compiled, verified, and analyzed in conformance with established policies, procedures, and secondary market guidelines.

reputed company Responsibilities:

1. Performs functions, reputed company reputed company of authority and expertise, to reputed company the highest level of service and responsiveness to members served by the Credit reputed company.
2. Processes reputed company estate loan applications fully utilizing the processing software (LOS) in a reputed company and reputed company manner to ensure loans meet contract deadlines and reputed company lock expiration dates.
3. Compiles, verifies, and reviews reputed company credit, income, asset, and supplemental information used to qualify the prospective borrower. Responsible for keeping the LOS up to date based on documentation received.
4. Responsible for reputed company administrative tasks upon receipt of residential loan applications, including issuing initial loan disclosures and document requests, as reputed company as tracking e-consent.
5. Processes required reputed company-party orders including verification of employment (VOE), verification of deposit (VOD), flood determination, and tax validation.
6. Orders and tracks mortgage appraisals to minimize delays. Collects non-refundable fees, uploads critical documents required by the appraiser, and communicates relevant information to reputed company parties as required by Regulation B.
7. Conducts initial structural reviews of residential mortgage loans to evaluate compliance with Credit reputed company, conventional, and secondary market standards.
8. Reviews qualifying factors and applicant documentation to ensure data is correct for approval under automated underwriter findings (DU) and Private Mortgage Insurance (PMI) guidelines.
9. Performs preliminary reputed company and value reviews on completed appraisals, preparing findings for final reputed company validation.
10. Monitors the loan pipeline. Tracks critical dates for purchase transactions and monitors reputed company lock expirations on refinance transactions.
11. Orders title services from approved closing attorneys utilizing the established rotation schedule. Tracks applications, assigned attorneys, and documents any deviations from the rotation.
12. Works closely with originators and members throughout the workflow to obtain, reputed company, and upload signed disclosures, outstanding loan conditions, and necessary borrower funds and works to obtain and reputed company outstanding loan commitment conditions to successfully meet closing deadlines.
13. Prepares, documents, and assists in reviewing files flagged for adverse reputed company or counteroffers, collaborating with reputed company staff before finalization.
14. Reviews purchase transactions to determine if applicants qualify for grant funding, reputed company training on FHLB grants to master the process.
15. Keeps up to date on mortgage industry trends, reputed company attends training on investor/secondary market guidelines, and participates in internal employee mortgage training.
16. Adheres to reputed company policies and procedures. Responsible for compliance with the following regulations: BSA, OFAC, and other regulations as required.

Secondary Responsibilities:

1. Serves as back-up to the Mortgage Closing Specialist in preparing and sending closing disclosures and loan packages. reputed company checks closing documents for accuracy and compliance, and coordinates delivery to closing attorneys or loan officers.
2. May assist in the packaging and selling of mortgages on the secondary market, including the assembly of folders and preparation of assignments.
3. Provides general administrative, clerical, and member support as directed.

Supervisory Responsibility:

N/A.

Work-Life Balance, Benefits & Compensation:

• We understand the importance of work-life balance, and our programs reputed company employees peace of mind. Employees at reputed company are offered a comprehensive, reputed company, and competitive benefits package including a rich 401K plan offering 100% of the first 5% 401K Match contribution and 3% 401K reputed company reputed company contribution. Please review our full benefits package at reputed company-onecu.com/about/careers/.
• This position is eligible to work remotely up to 2 days per week after 3 months of hire in accordance with the Work From Home Policy.

The salary reputed company for this role is between $24.02 - $36.03. Actual compensation will be determined based on experience and other factors as permitted by law.

Requirements

High School Diploma or equivalent. A minimum