Loan Processing Specialist
6 days ago
Are you interested in a challenging and rewarding career as a mortgage processing specialist? We are seeking an experienced professional to join our team at Computer Task Group, Inc. in Cheektowaga, NY.
**Job Description:**
The Mortgage Processing Specialist is responsible for ensuring a seamless application experience by maintaining effective communication with all parties involved and adhering to regulatory requirements. This role involves processing conventional and government loan requests in compliance with product, underwriting, and investor guidelines.
**Key Responsibilities:**
- Maintain effective communication with customers, brokers, loan officers, and co-workers throughout the loan application process.
- Collaborate with internal departments and external organizations to gather necessary documentation (e.g., Verification of Employment, IRS Transcripts, title search, appraisals).
- Notify relevant parties of any irregularities concerning mortgage guidelines immediately.
- Monitor and update credit reports, appraisals, and documentation to ensure all underwriting conditions are satisfied.
- Perform administrative duties, including preparing and mailing commitment letters, reviewing title and homeowners insurance, and updating loan conditions.
- Ensure compliance with regulatory requirements and internal standards.
- Identify and escalate risk-related issues to management.
**Requirements:**
To be considered for this position, you should have an Associate's degree with a minimum of one year of mortgage industry experience or two years of equivalent work experience, OR three years of equivalent work experience including one year in the mortgage industry. Additionally, you should have proficiency in PC skills with strong knowledge of spreadsheet, word processing, email, and PDF software.
We offer a competitive salary range of $55,000 - $65,000 per year, depending on experience. If you are a motivated and organized individual with excellent communication skills, we encourage you to apply.
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