Mortgage Processing

EXPERT MORTGAGE LENDING LLC; Troy (MI); On-site; USD 42,000 - 62,000; Full time

Benefits offered by this job

Dental insurance

Health insurance

Paid time off

Vision insurance

Job summary

EXPERT MORTGAGE LENDING LLC is seeking a Mortgage Processing Specialist to manage end-to-end mortgage application processing, ensuring documentation and compliance are met. You will support loan officers and coordinate with borrowers throughout the loan lifecycle.

In this role, you will handle review of income, asset, and credit documents, maintain compliance with FNMA, TRID, FHA/VA rules, and use Encompass or similar software to drive timely closings.

Qualifications

• Proven experience in loan origination or mortgage processing.
• Knowledge of FNMA guidelines, TRID, FHA/VA regulations.
• Experience with Encompass or similar mortgage processing software.
• Strong communication and organizational skills.

Responsibilities

• Review and verify loan documents for accuracy.
• Coordinate with officers, borrowers, and underwriters.
• Ensure compliance with lending guidelines and housing laws.
• Manage processing workflows from application to closing.
• Conduct credit analysis and assess borrower eligibility.
• Maintain clear updates to stakeholders.

Skills

Loan processing

Regulatory knowledge

Credit analysis

Customer service

Detail oriented

Communication

Multitasking

Tools

Encompass

Microsoft Excel

Job description

Benefits:

• Dental insurance
• Health insurance
• Opportunity for advancement
• Paid time off
• Vision insurance

Job description:

Overview

Join our dynamic team as a Mortgage Processing Specialist and become a vital part of the home financing journey! In this role, you will be responsible for managing the end-to-end processing of mortgage applications, ensuring all documentation and compliance requirements are meticulously met. Your expertise will help streamline loan approvals, support loan officers, and uphold the highest standards of financial and regulatory compliance. This position offers an exciting opportunity to work within a fast-paced, customer-focused environment dedicated to helping clients achieve their homeownership goals through industry-leading mortgage services.

Duties

• Review and verify loan documentation, including credit reports, income statements, asset statements, and appraisal reports to ensure accuracy and completeness.
• Coordinate with loan officers, underwriters, escrow officers, and clients to gather necessary information and clarify any discrepancies in loan files.
• Ensure all mortgage files comply with FNMA (Fannie Mae), TRID (TILA-RESPA Integrated Disclosure), FHA (Federal Housing Administration), VA (Veterans Affairs), and other relevant regulations.
• Prepare and submit loan packages for underwriting approval while maintaining strict adherence to lending guidelines and fair housing regulations.
• Manage loan processing workflows using Encompass or similar mortgage software platforms, tracking progress from application to closing.
• Conduct credit analysis to assess borrower eligibility, including evaluating credit reports and debt-to-income ratios.
• Maintain clear internal communication channels to update stakeholders on loan status and resolve any issues promptly.

Qualifications

• Proven experience in loan origination or mortgage processing within the financial services or banking industry.
• Strong knowledge of FNMA guidelines, mortgage servicing, underwriting processes, and compliance with loan regulations such as TILA (Truth in Lending Act) and RESPA (Real Estate Settlement Procedures Act).
• Familiarity with mortgage products including conventional loans, FHA loans, VA loans, and industry knowledge of financial regulations.
• Proficiency in Microsoft Office Suite (Word, Excel) along with experience using Encompass or other mortgage processing software.
• Excellent customer service skills with the ability to communicate effectively with clients, lenders, and internal teams.
• Ability to perform detailed credit analysis, review loan documentation accurately, and ensure adherence to all federal housing laws including Fair Housing regulations.
• Strong organizational skills with attention to detail; capable of managing multiple files simultaneously while maintaining accuracy.
• Basic math skills including 10-key typing proficiency for data entry tasks.

Embrace this opportunity to grow your career in a vibrant environment where your skills contribute directly to helping clients secure their dream homes! We are committed to fostering an inclusive workplace that values compliance, industry expertise, and exceptional client service at every step of the mortgage process.

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Work Location: In person