Mortgage Processing Specialist II

The Cape Cod Five Cents Savings Bank; Barnstable Village (MA); On-site; USD 55,000 - 75,000; Full time

Job summary

The Cape Cod Five Cents Savings Bank is seeking an Underwriting Assistant II to coordinate timely residential mortgage loan processing and ensure documentation readiness for underwriter review. You will liaise between the MLO, customer, and underwriter to meet expectations and prepare applications for underwriting.

Education requires an Associates degree or equivalent lending experience; a year of mortgage processing or NMLS exposure is preferred, with strong Microsoft Office skills and ability

Qualifications

• Associates degree, or equivalent experience in lending or financial services with lending exposure.
• Minimum of one year of mortgage processing, loan operations, loan origination experience, or NMLS registration.
• Knowledge of automated income/asset verification services and automated underwriting services preferred
• Knowledge of mortgage origination process and ability to communicate same to applicants
• Knowledge of mortgage origination systems
• Strong time management and organizational skills
• Ability to communicate in an effective and efficient manner both verbally and written
• Proficiency with Microsoft Office Suite (Word, Excel, and PowerPoint) products is required
• Tech savvy with ability to learn various web based systems

Responsibilities

• Works independently to coordinate the timely processing of residential mortgage loan applications and ensures critical deadlines are met
• Responsible for processing a variety of loan products levels.
• Orders automated income/asset verification and automated underwriting services
• Analyses necessary disclosures for compliance and reviews support documentation via appropriate checklists
• Orders mortgage services through third party vendors
• Obtains missing documentation and completes the preliminary loan preparation for the Underwriter's review
• Responds to internal and external customers or vendor inquiries, within scope of authority and expertise via telephone and electronic communication
• Stays current on new developments within the residential lending field and attends relevant courses and seminars

Skills

Mortgage processing

Loan operations

Loan origination

NMLS registration

Time management

Microsoft Office

Verbal & written communication

Education

Associates degree

Job description

The Cape Cod Five Cents Savings Bank is seeking an Underwriting Assistant II to coordinate timely residential mortgage loan processing and ensure documentation readiness for underwriter review. You will liaise between the MLO, customer, and underwriter to meet expectations and prepare applications for underwriting.

Education requires an Associates degree or equivalent lending experience; a year of mortgage processing or NMLS exposure is preferred, with strong Microsoft Office skills and ability