Mortgage Processor

Washingtonkastles; Princeton (NJ); On-site; USD 55,000 - 75,000; Full time

Job summary

Flatworld Solutions (FWS) in Princeton, NJ is seeking an experienced Mortgage Processor with strong US mortgage knowledge to join our team. You will handle end-to-end loan processing, communicate with borrowers, loan officers and third parties, and coordinate with underwriters to move files toward approval.

The ideal candidate has at least 2 years of US mortgage processing experience, proficiency with conventional, FHA, VA/USDA knowledge is a plus, and the ability to manage a 30+ loan pipeline

Qualifications

• Must have 2+ years of US mortgage processing and end-to-end handling of Conventional, FHA loans.
• Ability to calculate rough income and review assets on file.
• Experience maintaining a pipeline of 30+ loans and communicating with borrowers, loan officers, and third parties.

Responsibilities

• Process loans with LOS per lender instructions.
• Coordinate with processing assistant on admin tasks.
• Review loan files and identify missing documents.
• Communicate with borrowers, loan officers and third parties for documents/status.
• Calculate income, review assets, and run AUS.
• Identify AUS red flags and fix them.
• Submit files for underwriting.
• Fulfill underwriter conditions.
• Send status updates to borrower and loan officer.

Skills

Typing skills

Attention to detail

Communication skill

Customer Service

Job description

Overview

Flatworld Solutions (FWS) is a global corporation offering mortgage solutions to mortgage professionals, bankers, brokers and lenders across the globe for over 17 years. Our mortgage services are streamlined, process-oriented, and focused on internationally accepted standards, and help our clients get best return on their investments.

Job Summary

We are seeking an experienced professional with US mortgage knowledge, analytical, negotiating and decision making skills. You must love to work in an intense and exciting environment, thrive on challenging goals and be a great team player.

Location

Princeton, NJ

Responsibilities

• Process loans with the LOS as per lender instructions
• Work with the processing assistant to get help on administrative tasks
• Review loan file and identify missing documents
• Communicate with borrowers, loan officers and third parties for collecting various documents and status updates
• Calculate income, review assets and run AUS
• Identify any red flags and work on fixing the same
• Submit the file for Underwriting
• Work on fulfilling conditions added by the underwriter
• Send status updates to the borrower and loan officer

Qualifications

General requirements

• Typing skills - Ability to enter data quickly and accurately
• Attention to detail - Ability to review multiple documents/data points and identify anomalies
• Communication skill - Both written and verbal
• Customer Service - Willing to serve and provide great customer experiences

Mortgage Skills Required

• Good understanding of all mortgage documents and the entire origination process.
• Minimum 2+ years of experience of US mortgage Processing. Must have experience in End to End processing of Conventional, FHA loans. Knowledge of VA and USDA loans will be an added advantage.
• Must be able to do rough income calculation and review assets on file.
• Must be able to maintain a pipeline of 30+ loans and communicate with the borrower, loan officer as well as third parties efficiently.
• Must be able to run AUS on file and submit processed loans for underwriting.
• Should be able to identify AUS red flags.
• Must be able to coordinate with processing assistants for various tasks on a file.
• Must have experience of coordinating with Loan Officers, Borrowers and Underwriters