Mortgage Processor

IT Accel, Inc.; Wayne (NJ); On-site; USD 45,000 - 65,000; Full time

Job summary

A financial services company is seeking a Mortgage Processor to oversee the collection and verification of mortgage application information. The role requires managing loan pipelines and working closely with Home Loan Consultants to ensure compliance and accuracy. Ideal candidates will have 3-5 years of experience in mortgage processing and a high school diploma. Strong communication skills and a working knowledge of underwriting guidelines are essential. This full-time position is based in New Jersey.

Qualifications

• 3-5 years of experience in residential mortgage processing.
• Ability to maintain confidentiality and professionalism.

Responsibilities

• Collect and verify information for mortgage applications.
• Prepare regulatory disclosures timely.
• Communicate with applicants for required documentation.
• Organize and review complete loan files.
• Manage assigned loan pipeline.
• Provide regular status updates to applicants.

Skills

Strong verbal and written communication skills

Basic PC proficiency

Ability to manage multiple tasks and priorities simultaneously

Excellent customer service skills

Pipeline management skills

Ability to handle confidential information

Working knowledge of underwriting guidelines

Education

High School Diploma or GED

Job description

Job Description

The Mortgage Processor is responsible for collecting, verifying, and accurately entering all information required to support credit decisions on residential mortgage applications. This role plays a critical part in ensuring loan files are complete, compliant, and prepared for underwriting review.

Key Responsibilities

• Prepare and distribute all required regulatory disclosures in a timely manner.
• Order, retrieve, and review appraisals and flood certifications.
• Submit loan applications through automated underwriting systems and analyze decision results.
• Communicate with applicants, Home Loan Consultants, and Home Loan Assistants to obtain required documentation.
• Review incoming documentation for accuracy and update the Loan Origination System (LOS) as needed.
• Organize and review complete loan files and submit them to underwriting.
• Manage an assigned loan pipeline, ensuring contingency and closing deadlines are met.
• Partner with Home Loan Consultants to identify viable solutions while maintaining high credit quality standards.
• Maintain detailed and accurate loan activity notes within the system.
• Request and review verifications such as VOE, VOD, and VOM, as applicable.
• Provide applicants with regular status updates throughout the loan process.

Required Skills

• Strong verbal and written communication skills.
• Basic PC proficiency.
• Ability to manage multiple tasks and priorities simultaneously.
• Excellent customer service and pipeline management skills.
• Proven ability to handle confidential information with professionalism and integrity.
• Working knowledge of Client, FHLMC, FHA, and VA underwriting guidelines.

Required Experience

• High School Diploma or GED required.
• Minimum of 3-5 years of experience in residential mortgage processing.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Other

Industries

IT Services and IT Consulting