Mortgage Loan Processor Fast, Precise Closings & Compliance

The Servion Group; New Brighton (MN); On-site; USD 31,000 - 39,000; Full time

Job summary

The Servion Group in Minnesota, New Brighton is seeking a Mortgage Loan Processor to handle residential first mortgage loan processing tasks, ensuring accuracy and timely closings. You will review documentation, validate data, and coordinate with borrowers, loan officers, underwriters, and closers.

This entry-level to mid-level role emphasizes attention to detail, organizational skills, and the ability to manage multiple files while following regulatory guidelines.

Qualifications

• Excellent communications skills and proven effectiveness in working with loan originators and loan applicants.
• Ability to analyze paperwork and pre-underwriting preferred.
• Knowledge of mortgage lending guidelines and documentation requirements.

Responsibilities

• Communicate with loan officers, members and internal employees.
• Review residential loan application file to verify that application data is complete and meet establishment standards.
• Understand mortgage real estate lending practices, including federal regulatory requirements, state regulations, agency and Credit Union requirement.
• Conduct follow up on outstanding documentation to ensure receipt within turn-around time standards.
• Employ sound judgment in the process of validating loan approval utilizing Fannie Mae Desktop Underwriter.
• Verify income and assets as required in the DU verification messages. Review credit report as needed to address any inconsistencies identified in the DU findings.
• Review appraisals to ensure that the required level of appraisal fieldwork has been completed and is prepared per Fannie Mae requirements.
• Manage incoming appraisal reports and request reviews; submit full credit package for Mortgage Insurance Certificate; arrange closing with outside closing agents and approve settlement statements.
• Work with staff and co-workers as a team in analyzing and solving situations that may arise in the mortgage origination loan process and follow company policies and procedures.
• Perform related duties as required.
• Must be able to perform all responsibilities and functions listed for Levels I-III with independence.

Skills

Communication skills

Attention to detail

Organizational skills

Multitasking

Data entry

Education

High school diploma or GED

Two to four year degree preferred

Tools

Encompass LOS

Mortgage processing software

Job description

The Servion Group in Minnesota, New Brighton is seeking a Mortgage Loan Processor to handle residential first mortgage loan processing tasks, ensuring accuracy and timely closings. You will review documentation, validate data, and coordinate with borrowers, loan officers, underwriters, and closers.

This entry-level to mid-level role emphasizes attention to detail, organizational skills, and the ability to manage multiple files while following regulatory guidelines.