Mortgage Specialist

Unity Bank; Clinton (NJ); On-site; USD 70,000 - 100,000; Full time

Job summary

Unity Bank seeks a Mortgage Loan Operations Specialist to manage residential mortgage loans across opening, disclosures, closing, post-closing, and investor delivery. You will coordinate with appraisal/title providers and ensure compliance with investor requirements.

The role emphasizes processing accuracy, deadlines, and collaboration with the Operations team to optimize workflows and reporting within a paperless environment.

Qualifications

• 5 years conventional mortgage experience required.
• 5 years closing/post-closing operations experience required.
• Ability to analyze settlement packages and title reports is required.
• Detailed knowledge of FNMA/FHLMC guidelines is required.
• Knowledge of Automated Underwriting Systems LP/DU is recommended.
• Excellent communication skills, both written and verbal, are required.
• MS Word Suite required.

Responsibilities

• Open loans with accurate data entry and generate initial disclosures.
• Order and track appraisals, title work, flood certifications, verifications and payoffs.
• Monitor files to ensure deadlines are met.
• Prepare closing packages and investor documents; review closing disclosures for accuracy.
• Coordinate closing with settlement parties; verify loan terms, title, insurance and fees.
• Deliver loans to investors and servicing partners; clear suspense conditions and funding requirements.
• Identify training deficiencies within the department; contribute to process improvements.
• Serve as MERS Officer for the Mortgage lending department; perform periodic reporting.

Skills

Excellent communication

Settlement packages analysis

Mortgage forms and documents knowledge

Data entry accuracy

Organizational skills

Work in paperless and remote env

Tools

MS Word Suite

Job description

The Mortgage Loan Operations Specialist is responsible for managing residential mortgage loans throughout the operational lifecycle, including loan opening, disclosure preparation, closing coordination, post-closing review, investor delivery, and portfolio loan boarding.

Essential Functions:

Loan Opening Responsibilities

• Ensure accurate and timely loan data entry
• Generate and deliver initial disclosures
• Order and track appraisals, title work, flood certifications, verifications and payoffs.
• Monitor files to ensure deadlines are met

Closing Responsibilities

• Prepare closing packages and investor documents
• Review closing disclosures for accuracy
• Coordinate closing with settlement parties
• Verify loan terms, title, insurance and fees

Post-Closing and Secondary Market Responsibilities

• Review signed closing packages
• Deliver loans to investors and servicing partners
• Clear suspense conditions and funding requirements

Additional Functions

• Work with Operations Manager at identifying any training deficiencies within the department
• Work with Operations Manager in creating and implementing any process changes that might be needed due to investor or servicer policies
• Assist department with any other assigned duties
• MERS Officer for the Mortgage lending department
• Perform periodic reporting on work progress, project completions, and additional reporting as requested by mortgage Operations manager.

Education and Experience

• 5 years conventional mortgage experience required
• 5 years closing/post-closing operations experience required
• Ability to analyze settlement packages and title reports is required
• Detailed knowledge of FNMA/FHLMC guidelines is required
• Knowledge of Automated Underwriting Systems LP/DU is recommended
• Excellent communication skills, both written and verbal, are required
• MS Word Suite required

Knowledge, Skills, and Abilities

• Knowledge of basic mortgage forms and documents
• Ability to work in paperless and remote environment
• Effective interpersonal relationship building skills
• Detail oriented and accurate data entry
• Strong organizational skills
• Ability to work in a fast-paced environment
• Proficient in database management and record keeping.

Compliance

• It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.