Loan Review Specialist

3 days ago


New York, New York, United States New York State Housing Finance Agency Full time

Job Summary:

The Residential Mortgage Processor is responsible for developing and maintaining business relationships between SONYMA and its participating lenders, as well as indirect business partners such as realtors, builders, affordable housing non-profit organizations, and potential homebuyers.

Main Responsibilities:

  • Perform pre-closing and post-closing analysis of loan files for compliance with federal tax law and agency procedures and guidelines.

  • Update status of loan file and other relevant information in SONYMA's computer system.

  • Prepare and send appropriate loan status email to lender.

  • Correspond and communicate daily with participating lenders.

  • Perform regular follow-up on suspended files.

  • Track and compile summaries of all newly onboarded SONYMA Express lender's noting omissions and conditions required.

  • Daily, complete the Loan Reviewer Daily Production Report, indicating the number of loan files or documents for suspended loan files which were received for review and indicating review decision.

  • Aid Loan Analysts and Lenders as needed or assigned to.

Required Skills:

  • Prior experience as a processor/underwriter of residential mortgages.

  • Excellent oral and written communication skills.

  • Detailed oriented and good organization skills are required.

  • Ability to multi-task and meet deadlines.

  • Minimum 2 years college education or equivalent.

We offer an exciting opportunity to be part of New York's resurgence to greatness, along with an extensive benefits package including paid leave, excellent health, dental, vision, and retirement benefits. Apply now to take advantage of this promotional opportunity



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