Senior Mortgage Processor — Encompass & Compliance Expert

crosscountrymortgage; Boston (MA); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

401K plan

Job summary

CrossCountry Mortgage is hiring a Loan Processor to deliver high-quality customer service by gathering necessary documents to underwrite loans and coordinating with customers, loan officers, and underwriters. The role ensures proper disclosures in compliance with applicable regulations.

The ideal candidate has 5+ years of residential mortgage processing experience, proficiency with Encompass, and strong analytical and communication skills.

Qualifications

• Minimum of 5 years' residential mortgage processing experience.
• Experience with Encompass.
• Working knowledge of RESPA regulations and general knowledge of mortgage lending regulations, including Regulation Z and Regulation B.
• Knowledge of DU and LP, plus Microsoft Office and Windows.
• Excellent math and analytical skills.

Responsibilities

• Review borrower credit, employment, income and assets before underwriting.
• Assemble loan package in proper order for underwriting.
• Verify required documentation (pre-underwrite) in the file.
• Prepare loan approval summary and required forms (1008/1003).
• Communicate with loan originator, customer and underwriter to obtain missing documents.
• Review loans for compliance with mortgage-related regulations.
• Coordinate with vendors for surveys, certificates, title commitments, and payoff information.
• Manage pipeline and reporting within turnaround times.
• Assist set-up of loans and document all communications.

Skills

Math aptitude

Analytical skills

Communication skills

Prioritization

Time management

Education

High School Diploma or equivalent

Tools

Encompass

Microsoft Office

Windows

Job description

CrossCountry Mortgage is hiring a Loan Processor to deliver high-quality customer service by gathering necessary documents to underwrite loans and coordinating with customers, loan officers, and underwriters. The role ensures proper disclosures in compliance with applicable regulations.

The ideal candidate has 5+ years of residential mortgage processing experience, proficiency with Encompass, and strong analytical and communication skills.