Processor II

Premium Mortgage Corporation; City of Albany (NY); Hybrid; USD 33,062 - 37,884; Full time

Job summary

Premium Mortgage Corporation is seeking a Mortgage Loan Processor II in Albany, NY. The role involves processing various types of loans and ensuring documentation accuracy while providing excellent customer service. The ideal candidate has a college degree and experience in mortgage processing. Working on a hybrid schedule requires 3 days in the office. Starting salary ranges from $24.00 to $27.50 hourly. Join a team that values education and experience in mortgage services.

Qualifications

• A college degree with two years related experience and/or training, or a combination of equivalent education and experience.
• Previous experience in the mortgage industry with an understanding of loan processing.

Responsibilities

• Currently trained to process various types of loans.
• Review documentation for loan approval for accuracy.
• Answer questions from consumers throughout the mortgage process.
• Stay updated on changes in mortgage regulations.
• Process verifications for credit items.
• Work closely with Underwriting and Closing departments.
• Review conditions for loan clearance.
• Training as needed.

Skills

Customer service skills

Time management skills

Written communication skills

Verbal communication skills

Team player

Multi-tasking

Detail oriented

Organizational skills

Problem solving skills

Independent judgement

Education

A college degree with two years related experience and/or training

Job description

Mortgage Loan Processor II

Full Time Clerical Albany, Latham, NY, US

30+ days ago Requisition ID: 1045

Salary Range: $24.00 - $27.50 Hourly

Premium Mortgage Corporation has been providing residential mortgages across New York State and beyond, offering competitive interest rates and a wide variety of loan programs.

All positions operate on a hybrid work schedule with a requirement of 3 days in office.

Job Duties

• Currently (or within the first year of hire) trained and approved to process Conventional, FHA, USDA, VA, Construction END loans, Jumbo, and Portfolio.
• Reviews all documentation necessary for Loan Approval for accuracy, completeness, and tracks all data in origination software (Encompass).
• Quickly and efficiently answers questions from consumers throughout the mortgage process.
• Stays up to date on changing rules and regulations pertaining to Conventional, Government‑insured mortgages, and all other products offered by Premium Mortgage.
• Processes verifications for credit items, including Employment, Asset information, Rental history, Credit reports, etc.
• Works closely with Underwriting and Closing departments to ensure timely processing and quality of loan file flow.
• Review conditions and ensure borrowers provide correct information needed to get their loan cleared to close.
• Training as needed.

Education

• A college degree with two years related experience and/or training, or a combination of equivalent education and experience.

Experience

• Previous experience in the mortgage industry with an understanding of loan processing.

Skills

• Customer service skills
• Time management skills
• Written communication skills
• Verbal communication skills
• Team player
• Multi-tasking
• Detail oriented
• Organizational skills
• Problem solving skills
• Independent judgement

Physical Requirements

• Stand
• Sit
• Hear
• Walk
• Talk
• Stoop or kneel
• Repetitive motion

Premium Mortgage Corporation provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Starting base salary range: $24.00 - $27.50 hourly.