Mortgage Loan Processor

MegaStar Financial Corp.; United States; On-site; USD 55,000 - 85,000; Full time

Job summary

MegaStar Financial Corp. is seeking an experienced Corporate Loan Processor Specialist to join our operations team.

You will review loan files, analyze borrower documentation, and prepare complete, well-structured submissions for underwriting to move loans efficiently from processing through closing. We value accuracy, communication, and the use of technology-driven workflows, including AI-enabled tools that improve loan quality and borrower experience.

Qualifications

• 2+ years of residential mortgage processing experience.
• Experience with an Independent Mortgage Bank (IMB) preferred.
• Strong understanding of the mortgage process from processing through closing.
• Familiarity with Automated Underwriting Systems (e.g., DU/LPA).
• Knowledge of conventional loan guidelines; government/jumbo experience a plus.

Responsibilities

• Review residential mortgage loan files for completeness, accuracy, and readiness for underwriting.
• Analyze income, assets, credit, liabilities, and property information to identify documentation needs.
• Prepare and submit complete, well-organized loan files to underwriting.
• Resolve underwriting conditions and outstanding documentation.

Skills

Residential mortgage processing

Analytical thinking

Problem-solving

Attention to detail

Communication skills

Tools

LOS

Digital document platforms

DU/LPA

Job description

Join a Team That Values Accuracy, Communication, and a Better Mortgage Experience

MegaStar Financial is a well-established, nationwide mortgage lender with over 25 years of experience helping borrowers achieve their homeownership goals. We are looking for an experienced Corporate Loan Processor Specialist to join our operations team and help ensure loans move efficiently and accurately from processing through underwriting and closing.

As a Corporate Loan Processor Specialist, you will play an important role in the mortgage process by reviewing loan files, analyzing borrower documentation, identifying potential issues, and preparing complete, well-structured files for underwriting.

We are looking for someone who combines strong mortgage knowledge with at

tention to detail, effective communication, and a willingness to embrace the technology, automation, and evolving AI tools that are helping improve loan quality, efficiency, and the borrower experience.

What You'll Do

• Review residential mortgage loan files for completeness, accuracy, and readiness for underwriting
• Analyze borrower income, assets, credit, liabilities, and property information to identify documentation requirements and potential issues
• Review loan applications and supporting documentation using traditional, digital, and alternative documentation sources
• Review Automated Underwriting System findings and ensure applicable documentation requirements are addressed
• Review appraisals, title documentation, mortgage insurance requirements, and other loan-related documentation
• Ensure loan files meet company standards, investor guidelines, and applicable regulatory requirements
• Prepare and submit complete, well-organized loan files to underwriting
• Review and assist with the resolution of underwriting conditions and outstanding documentation
• Communicate effectively with loan officers, underwriters, closers, and other internal teams to keep loans moving through the pipeline
• Proactively identify missing documentation, inconsistencies, or potential issues that could delay underwriting or closing
• Maintain accurate loan information and documentation within company systems
• Use mortgage technology, automation, and available AI-enabled tools to support efficient workflows and improve loan quality
• Help provide a smooth and professional experience for our borrowers and internal business partners throughout the loan process

What You'll Bring

• 2+ years of residential mortgage processing experience
• Experience working for an Independent Mortgage Bank (IMB) preferred
• Strong understanding of the residential mortgage process from processing through closing
• Experience reviewing borrower income, assets, credit, liabilities, appraisals, title documentation, and other supporting loan documentation
• Working knowledge of conventional loan guidelines; experience with government and/or jumbo loan products is a plus
• Familiarity with Automated Underwriting Systems, including DU and LPA
• Understanding of mortgage insurance requirements and common investor documentation standards
• Strong analytical, mathematical, and problem-solving skills
• Excellent organizational skills with the ability to manage multiple loans and priorities
• Strong written and verbal communication skills
• Attention to detail and a commitment to producing accurate, complete loan files
• Ability to work collaboratively with loan officers, underwriting, closing, and other operations teams
• Comfortable learning and working within a technology-driven mortgage environment
• Openness to using automation and emerging AI tools to improve efficiency, accuracy, and the mortgage experience

Technology

Experience with or the ability to quickly learn:

• Mortgage loan origination systems (LOS)
• Digital loan and document management platforms
• Automated Underwriting Systems (DU/LPA)
• Mortgage workflow, automation, and AI-enabled technology