Loan Processor

Jobtailor; Bay Shore (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

Jobtailor in New York is seeking an experienced Mortgage Loan Processor with 10+ years of experience to handle residential loan processing from documentation through submission to underwriting. You will utilize Encompass and collaborate with underwriting teams to ensure accurate, timely mortgage packages (FHA, VA, Conventional) and clear communication with borrowers and attorneys.

The role requires thorough knowledge of underwriting policies, strong organizational and analytical skills, and the

Qualifications

• 10+ years processing residential mortgage loans (FHA, VA, Conventional/Purchase, Refinance).
• Thorough working knowledge of underwriting policies, compliance, and procedures.
• Excellent written and oral communication skills.

Responsibilities

• Review initial loan approval and work with borrower to gather appropriate documentation
• Collect all required documentation for the loan package
• Create a loan submission package for the Underwriting department
• Submit files to assigned Underwriter
• Satisfy all conditions when received from Underwriter
• Communicate with other professionals, including attorneys, county clerks and title companies

Skills

Communication skills

Organizational skills

Problem-solving

Multi-tasking

Analytical skills

Tools

Encompass

Job description

Responsibilities

• Review initial loan approval and work with borrower to gather appropriate documentation
• Collect all required documentation for the loan package
• Create a loan submission package for the Underwriting department
• Submit files to assigned Underwriter
• Satisfy all conditions when received from Underwriter
• Communicate with other professionals, including attorneys, county clerks and title companies

Requirements

• 10 + years processing residential mortgage loans (FHA, VA, Conventional/Purchase, Refinance)
• Utilize in house technical systems and programs such as Encompass
• Thorough working knowledge of underwriting policies, compliance, and procedures
• Excellent written and oral communication skills
• Strong organizational, problem-solving, multi-tasking and analytical skills