Mortgage Loan Setup Specialist

New Fed Mortgage Corp; Danvers (MA); On-site; USD 28,000 - 32,000; Full time

Benefits offered by this job

401(k) match

Paid time off

Holidays

Job summary

NewFed Mortgage is seeking a Loan Set Up Coordinator in Danvers, MA to support the loan lifecycle. This entry-level role focuses on organizing files, enabling timely communications, and ensuring compliant setup across processing teams.

You will interact with loan officers, processors, and partners to move files efficiently and accurately. The position emphasizes attention to detail, strong communication, and the ability to adapt to evolving mortgage processes.

Qualifications

• Education: High school diploma or equivalent.
• Tech-Savvy: Comfortable navigating the internet and vendor systems to research, order, and track documentation.
• Communication Skills: Clear and professional in both verbal and written communication to ensure accurate information exchange.
• Proficiency in Microsoft Office: Word, Excel, and Outlook.
• Data Entry & Accuracy: Efficient and accurate when entering data into systems to maintain reliable records.
• Follow-Up Skills: Persistent and organized in tracking outstanding items to ensure timely completion of tasks.
• Work Under Pressure: Able to perform efficiently and accurately when faced with tight deadlines or competing priorities.
• Mortgage Industry Knowledge (Preferred): Familiarity with TRID, industry processes and terminology is helpful, though not required.

Responsibilities

• Order and track appraisals, title commitments, flood certifications, FHA Case Numbers, VA Certificates of Eligibility, and other loan-level verification.
• Prepare and deliver accurate, TRID-compliant initial disclosures in accordance with regulatory timelines and company policy.
• Track outstanding items, follow up with vendors and internal teams, and ensure timely completion of third-party orders.
• Review incoming documentation for completeness and accuracy to ensure loans are properly set up for processing.
• Communicate with loan officers, processors, and production partners to provide updates on loan setup status.
• Respond to internal team inquiries and provide status updates by phone and email, in collaboration with processing and sales teams.
• Ensure loan set-up activities align with company policies, TRID requirements, and applicable regulations.
• Assist with ongoing projects and other administrative tasks such as scheduling, report preparation, correspondence, and other clerical responsibilities.

Skills

Communication Skills

Customer Service Mindset

Detail-Oriented

Time Management

Adaptability

Problem-Solving

Data Entry & Accuracy

Follow-Up Skills

Tech-Savvy

Education

High school diploma or equivalent

Mortgage Industry Knowledge (Preferred)

Tools

Microsoft Office

Job description

NewFed Mortgage is seeking a Loan Set Up Coordinator in Danvers, MA to support the loan lifecycle. This entry-level role focuses on organizing files, enabling timely communications, and ensuring compliant setup across processing teams.

You will interact with loan officers, processors, and partners to move files efficiently and accurately. The position emphasizes attention to detail, strong communication, and the ability to adapt to evolving mortgage processes.