Mortgage Loan Processor
2 days ago
Russell Tobin's client, a financial company, is currently hiring Mortgage Loan Processor
.
Mortgage Loan Processor / Closer (Remote – Central or Eastern Time Zones)
Position Type:
Full-Time
Location:
Fully Remote (Candidates must reside in the Central or Eastern Time Zones)
Pay Rate:
$ / hr.
General Summary
We are seeking an experienced
Mortgage Loan Processor/Closer
to join our growing remote team. This position is responsible for preparing, processing, and closing mortgage loan files in accordance with bank, regulatory, and investor guidelines. The ideal candidate will demonstrate exceptional attention to detail, strong communication skills, and the ability to manage multiple priorities in a fast-paced environment.
Key Responsibilities
- Review loan files and applications for accuracy and compliance with approval terms.
- Determine and obtain required documentation per bank, governmental, agency, and investor requirements (e.g., appraisals, title searches, credit reports).
- Communicate with customers, realtors, brokers, attorneys, title companies, and internal staff to obtain missing documentation and resolve discrepancies.
- Provide timely loan status updates to customers and relevant parties.
- Prepare and deliver required disclosure information within regulatory deadlines.
- Verify and ensure all legal, compliance, and investor requirements are met prior to closing.
- Prepare, calculate, and verify final settlement statements and disburse loan funds.
- Assemble final loan packages for electronic delivery and/or print, ensuring accuracy and completeness.
- Coordinate the loan closing and funding process within required time frames.
- Maintain compliance with all applicable regulations, internal policies, and ethical standards.
- For advanced levels: Process, close, and fund complex or specialized loans (e.g., construction, restructured, or high-asset loans); provide guidance and training to less experienced team members.
Qualifications
- High school diploma or equivalent required; post-secondary education preferred.
- Minimum of 1–3 years of mortgage loan processing and/or closing experience (construction or complex loans experience is a plus).
- Strong knowledge of loan documentation, underwriting guidelines, and regulatory requirements.
- Familiarity with automated processing systems and standard mortgage software platforms.
- Excellent organizational, communication, and problem-solving skills.
- Ability to work efficiently in a high-volume, deadline-driven environment.
- Strong attention to detail and a commitment to quality customer service.
Additional Requirements
- Must reside in the
Central or Eastern Time Zone
. - Must have reliable internet access and the ability to work remotely.
- Commitment to maintaining compliance with all applicable laws, regulations, and internal procedures.
Benefits that Russell Tobin offers:
Russell Tobin offers eligible employee's comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.
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