Mortgage Loan Processor (NY)

The Money Store

New York (NY)

On-site

USD 52,000 - 76,000

Full time

9 days ago

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Job summary

The Money Store in New York City is seeking a Mortgage Loan Processor (NY) to work full-time. You will coordinate with borrowers, originators and underwriters to keep files accurate and up to date, and manage documentation and reporting.

The role emphasizes timely communication, privacy of non-public information, and compliance with company standards while handling fund requests, updates to borrowers, and file maintenance throughout the loan process.

Qualifications

  • Prior experience in a loan office environment.
  • Microsoft Office skills.

Responsibilities

  • Processes documents received for each file to verify accuracy and completeness.
  • Acts as liaison for borrower, underwriter, loan originator and lender.
  • Prepares fund request documents for wiring funds to closing, commitment letters, denials, and cancels files when appropriate.
  • Provides customers with updated and periodic information regarding their loan application.
  • Serves as the first point of contact for the loan program and responds to calls and emails promptly.
  • Collects all required documentation and follows up to acquire missing information.
  • Maintains and updates files, databases and records to keep information current.
  • Ensures files meet company compliance standards and protect privacy of non-public information.
  • Generates reports on any given file efficiently.

Skills

Microsoft Office

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Mortgage Loan Processor (NY)

Full Time US

2 days ago Requisition ID: 1889

The loan processor works closely with the borrower, loan originator and underwriter to ensure all files are accurate and up to date. The loan processor communicates this information to all parties involved.

  • Processes all documents received for each file in order to verify the accuracy and completion of each document.
  • Acts as a liaison for the borrower, underwriter, loan originator and lender.
  • Prepares fund request documents for wiring funds to the closing, commitment letters, denial letters and cancels files when appropriate.
  • Is responsible for providing customers updated and periodic information regarding their loan application.
  • Serves as the initial contact person for the loan program and is expected to answer all calls and emails in a quick and timely manner.
  • Must collect all required documentation for the applicant(s) and make follow up phone calls or emails to acquire any missing information.
  • Must maintain and update files, databases and records to keep all information up to date.
  • Ensures that files meet company compliance standards and are complete.
  • Ensures customer privacy and keeping non-public personal information private and secure as well as keeping company confidential information confidential.
  • Is able to efficiently generate reports on any given file.

Qualifications

  • Prior experience in a loan office environment.
  • Microsoft Office skills.
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