Mortgage Loan Processor: Application to Closing Expert

Ascend Bank; Wallingford (CT); Presencial; USD 30.000 - 43.000; Tempo integral

Benefícios oferecidos por esta vaga

Medical benefits

401(k) with employer match

Paid time off

Paid holidays

Resumo da vaga

Ascend Bank is seeking a Mortgage & Loan Processor in Wallingford, CT. The role manages residential mortgage and consumer loan files from application through closing, ensuring accuracy and compliance with regulatory and investor guidelines.

You will coordinate with loan officers, underwriters, and borrowers to maintain a smooth process and timely closings. The position emphasizes attention to detail, strong communication, and ability to handle multiple loans.

Qualificações

• Two-year college degree or completion of a specialized course of study at a business or trade school.
• 3+ years of mortgage processing experience preferred.
• Strong knowledge of mortgage lending guidelines (conventional, FHA, VA, USDA).
• Familiarity with loan origination systems.
• Strong attention to detail and organizational skills.
• Ability to manage multiple loans and deadlines simultaneously.
• Effective communication and interpersonal skills.
• Problem-solving and critical-thinking abilities.
• Proficiency in Microsoft Office (Word, Excel, Outlook).
• Ability to calculate income (W-2, self-employed, commission, rental, etc.).
• Understanding of credit analysis and debt-to-income calculations.

Responsabilidades

• Review loan applications and supporting documentation for completeness and accuracy
• Collect, verify, and analyze borrower documents (income, assets, credit, employment)
• Order and review third-party services such as appraisals, title, and flood certifications
• Ensure compliance with federal, state, and investor guidelines (e.g., TRID, RESPA)
• Submit complete loan packages to underwriting and address conditions in a timely manner
• Communicate with loan officers, underwriters, closers, and borrowers to obtain required information
• Monitor loan pipeline to meet processing and closing deadlines
• Prepare and maintain accurate loan files in the loan origination system (LOS)
• Identify and resolve issues that may delay loan approval or closing
• Provide exceptional customer service throughout the loan process

Conhecimentos

Mortgage processing

Mortgage lending guidelines

Loan origination systems

Compliance regulations

Attention to detail

Organizational skills

Communication skills

Problem solving

Microsoft Office

Income calculation

Credit analysis

Formação

Two-year college degree or trade school

Ferramentas

Loan Origination System (LOS)

Microsoft Office

Descrição da vaga

Ascend Bank is seeking a Mortgage & Loan Processor in Wallingford, CT. The role manages residential mortgage and consumer loan files from application through closing, ensuring accuracy and compliance with regulatory and investor guidelines.

You will coordinate with loan officers, underwriters, and borrowers to maintain a smooth process and timely closings. The position emphasizes attention to detail, strong communication, and ability to handle multiple loans.