Mortgage Loan Processor

Cognizant; Plano (TX); On-site; USD 60,000 - 75,000; Full time

Job summary

Cognizant is seeking a Mortgage Loan Processor in Plano, TX to serve as the primary contact for customers throughout the lending journey and to quarterback loans from application through closing.

The role blends exceptional communication with operational expertise to ensure compliant, timely processing and an outstanding customer experience. Strong organization and problem-solving abilities are essential.

Qualifications

• High school diploma or equivalent required; bachelor's degree preferred.
• 2–5 years of experience in mortgage lending, consumer lending, financial services, customer service, or related field preferred.
• Exceptional verbal and written communication skills.
• Demonstrated ability to build relationships and establish credibility with customers and business partners.
• Strong conflict resolution and service recovery skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong organizational skills and attention to detail.
• Proven problem-solving and critical-thinking abilities.
• Proficiency with loan origination and customer relationship management systems.

Responsibilities

• Serve as the primary customer advocate throughout the loan process.
• Establish trust and build strong relationships with customers through proactive, timely, and professional communication.
• Deliver exceptional service by keeping customers informed of loan status, next steps, and anticipated timelines.
• Act as the central coordinator and owner of the loan process from assignment through closing.
• Drive momentum by managing all parties involved in the transaction, including customers, loan officers, underwriters, title companies, attorneys, appraisers, and closing partners.
• Identify potential customer concerns before they become larger issues.
• Resolve complex situations with urgency, professionalism, and a customer-first mindset.
• Review loan applications and supporting documentation for accuracy and completeness.
• Collect, validate, and organize required documentation to satisfy underwriting and regulatory requirements.
• Monitor loan milestones and conditions to drive timely and accurate loan approvals.

Skills

Verbal communication

Written communication

Relationship building

Multitasking

Organizational skills

Problem solving

Critical thinking

Attention to detail

Customer service

Education

High school diploma or equivalent

Bachelor's degree preferred

Tools

Loan origination systems

CRM systems

Job description

Mortgage Loan Processor

Position Summary

The Loan Processor serves as the primary point of contact for customers throughout the lending journey and is responsible for quarterbacking the loan from application through closing. This role is the face of the organization for many customers and plays a critical role in delivering an outstanding customer experience while ensuring loans are processed accurately, efficiently, and compliantly.

A successful Loan Processor combines exceptional communication skills with operational expertise to proactively solve problems, manage expectations, coordinate multiple stakeholders, and guide customers through what is often one of the most important financial decisions of their lives. The ideal candidate demonstrates ownership of the loan experience, excels at service recovery when challenges arise, and consistently reinforces the company's commitment to customer care and excellence.

Key Responsibilities

Customer Experience & Relationship Management

• Serve as the primary customer advocate throughout the loan process.
• Establish trust and build strong relationships with customers through proactive, timely, and professional communication.
• Deliver exceptional service by keeping customers informed of loan status, next steps, and anticipated timelines.
• Demonstrate empathy, professionalism, and confidence when navigating complex or challenging customer situations.
• Represent the company's values and brand in every customer interaction.

Loan Quarterback & Process Ownership

• Act as the central coordinator and owner of the loan process from assignment through closing.
• Drive momentum by managing all parties involved in the transaction, including customers, loan officers, underwriters, title companies, attorneys, appraisers, and closing partners.
• Anticipate and remove obstacles that may impact the customer experience or closing timeline.
• Ensure all stakeholders remain aligned on priorities, requirements, and deadlines.
• Take ownership of loan outcomes and proactively discontinue issues when necessary.

Service Recovery & Problem Resolution

• Identify potential customer concerns before they become larger issues.
• Resolve complex situations with urgency, professionalism, and a customer-first mindset.
• Effectively de-escalate customer frustrations while maintaining confidence and trust.
• Create positive outcomes during challenging situations through effective service recovery techniques.
• Demonstrate critical thinking and sound judgment when navigating exceptions and unique borrower circumstances.

Loan Processing & Compliance

• Review loan applications and supporting documentation for accuracy and completeness.
• Collect, validate, and organize required documentation to satisfy underwriting and regulatory requirements.
• Ensure loan files meet investor, regulatory, and company standards.
• Monitor loan milestones and conditions to drive timely and accurate loan approvals.
• Maintain complete and accurate records within loan origination systems.

Communication & Collaboration

• Communicate effectively across all levels of the organization.
• Partner closely with loan officers, underwriters, closers, and operational teams to deliver a seamless customer experience.
• Maintain a proactive communication cadence with customers and business partners.
• Translate complex lending requirements into simple, customer-friendly explanations.
• Provide clear and concise updates regarding status, risks, and solutions.

Required Qualifications

• High school diploma or equivalent required; bachelor's degree preferred.
• 2–5 years of experience in mortgage lending, consumer lending, financial services, customer service, or a related field preferred.
• Exceptional verbal and written communication skills.
• Demonstrated ability to build relationships and establish credibility with customers and business partners.
• Strong conflict resolution and service recovery skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong organizational skills and attention to detail.
• Proven problem-solving and critical-thinking abilities.
• Proficiency with loan origination and customer relationship management systems.

Compensation & Benefits

• Annual salary: $60,000 – $75,000, based on experience and qualifications.
• Eligible for Cognizant's discretionary annual incentive program.
• Medical / Dental / Vision / Life Insurance
• Paid holidays plus Paid Time Off
• 401(k) plan and contributions
• Long-term / Short-term Disability
• Paid Parental Leave
• Employee Stock Purchase Plan

Applications accepted until September 14th, 2026. Cognizant reserves the right to modify compensation, other pay, and benefits information at any time, subject to applicable law.