Mortgage Loan Processor III

Job Details

Novus is seeking a detailed-oriented and experienced Mortgage Loan Processor to join our team.  A Mortgage Loan Processor plays a vital role in the lending process by ensuring loan applications are processed accurately and efficiently.  Adhering to strict timelines and effectively communicating with borrowers, loan officers, real estate agents and underwriters is crucial to success in this role.

Responsibilities

• Review loan applications to ensure all necessary information is complete and accurate.
• Communicate with borrowers, loan officers, and underwriters to gather additional documentation and resolve any outstanding issues.
• Prepare mortgage loan files in accordance with company policies and procedures.
• Verify and analyze borrower financial information including credit reports, income documents, and asset statements.
• Coordinate with loan officers and underwriters to ensure timely loan closings.
• Maintain and update loan files to ensure compliance with regulatory requirements.
• Provide excellent customer service to borrowers throughout the loan process.

Requirements

• Minimum of eight (8) years of experience as a Mortgage Loan Processor.
• Proficiency using Encompass.

Knowledge/Skills/Abilities

• Familiar with TILA / RESPA Integrated Disclosure (TRID).  
• Strong knowledge of mortgage lending processes, loan products and underwriting guidelines.
• Sound judgment and decision-making skills.  
• Excellent attention to detail and strong organizational skills.
• Ability to work under pressure and meet deadlines with minimal supervision.  
• Strong written and verbal communication skills.
• Knowledge of federal and state mortgage lending regulations.
• Ability to manage large pipelines with minimal supervision. 
• Ability to maintain a high level of professionalism and integrity.

Position is Remote or Onsite

Pay range is $55,000 - $65,000 annually based on experience.