Residential Mortgage Operations Specialist
5 days ago
Mortgage loan processors play a vital role in ensuring the smooth functioning of residential mortgage operations. As a Residential Mortgage Operations Specialist, you will be responsible for processing and underwriting mortgage loans, while providing exceptional customer service to borrowers and loan officers. Your expertise in RESPA regulations and knowledge of mortgage and consumer lending regulations will be essential in this role.
Key Responsibilities:
- Review and analyze borrower credit, employment, income, and assets to determine loan eligibility.
- Assemble and verify loan packages, including required documentation and completion of loan checklists.
- Prepare loan approval summaries and ensure accuracy of all information printed on those documents.
- Communicate with loan originators, customers, and underwriters to obtain initial and missing documentation.
Required Skills and Qualifications:
- Minimum 3 years of current residential mortgage processing experience as a Loan Processor.
- Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including Regulation Z and Regulation B requirements, and loan documents.
- Strong math and analytical skills, excellent written and verbal communication skills, and ability to prioritize and meet deadlines.
- Available to work varying hours and overtime if needed.
- Encompass experience and computer knowledge (DU, LP, Microsoft Office & Windows).
Estimated Salary Range:$65,000 - $85,000 per year
Benefits:Competitive compensation package, comprehensive benefits, and opportunities for professional growth and development.
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