Mortgage Loan Specialist
4 weeks ago
Key Responsibilities:
* Collect, package, review, and reconcile loan application documents.
* Order and perform preliminary reviews of third-party reports, including appraisals, inspections, and environmental reports.
* Verify the completeness and accuracy of loan application data to ensure it meets established standards.
* Respond to inquiries regarding loan applications and transactions.
* Run and/or review credit reports, verifying employment information through calls or written communications.
* Track and record loan status, including new applications, approvals, cancellations, and denials.
* Collaborate with originators to clear any outstanding conditions before submitting loan packages to the closing department.
* Work closely with offshore processing teams to streamline the loan process.
* Liaise with Underwriting and Closing teams to ensure smooth, end-to-end loan processing.
Requirements:
* Minimum 2-year degree.
* At least 4 years of experience as a mortgage processor, experienced in handling Commercial Property Loans, Fix & Flip, Ground-Up Construction, Multifamily, and DSCR loans.
* Must be willing to work onsite as required by management.
* Strong understanding of administrative and clerical processes, including managing files and records.
* Must be open to working in a hybrid onsite arrangement (subject to change).
* Ability to multitask, prioritize, and stay organized in a fast-paced environment.
* Capable of thriving in a high-energy, deadline-driven work setting.
* Resourceful problem solver, capable of finding alternative solutions or approaches.
* Excellent interpersonal, verbal, and written communication skills.
* Familiarity with all phases of loan processing and regulatory requirements.
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