Mortgage Loan Processor jobs in New Jersey

Mortgage Loan Processor performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Being a Mortgage Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Mortgage Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Mortgage Loan Processor works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)

C
Loan Processor (On-Site)
  • CrossCountry Mortgage, LLC.
  • Montvale, NJ FULL_TIME
  • CrossCountry Mortgage (CCM) is one of the nation’s top 3 retail mortgage lenders with more than 7,000 employees operating nearly 600 branches across all 50 states. We have been recognized nine times on the Inc. 5000 list of America’s fastest-growing private businesses and have received countless awards for our standout culture. Through our dedication to getting it done, we make every mortgage feel like a win.

    A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.

    CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.

    Position Overview:

    The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and ordering third party documentation by communicating directly with the customer and/or loan officer in a professional and effective manner. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations.

    Job Responsibilities:

    • Perform a thorough review and analysis of borrower’s credit, employment, income and assets as required by the particular loan program before submitting to underwriting.
    • Assemble the complete loan package in proper order for underwriting.
    • Verify all required documentation (pre-underwrite) in the file.
    • Complete the required loan checklist.
    • Verify that an application is complete and accurate; and identify any potential issues that may arise in underwriting.
    • Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on those documents. Communicate directly with the Loan Originator, customer, and underwriter to obtain initial and any missing documentation required to qualify for the loan.
    • Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures.
    • Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information.
    • Verify that vendor orders are complete, invoices received, and in the applicant’s efile.
    • Manage pipeline by completing and submitting reports within allotted turn-around times.
    • Assist set-up of loans.
    • Document all communication related to the loan application in the conversation log.
    • Train and help supervise new loan processors and other processing personnel.
    • Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage, LLC. Investors.

    Qualifications and Skills:

    • High School Diploma or equivalent.
    • A minimum of 2-3 years’ residential mortgage processing experience.
    • Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents preferred.
    • Excellent math and analytical skills.
    • Excellent communication skills.
    • Ability to prioritize and meet deadlines.
    • Encompass experience.
    • Knowledge of DU, LP, Microsoft Office & Windows.

    Pay Range:

    • $26.45-31.25/hour

    The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

    This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

    CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com

    CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com/

    California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California consumers.

    CrossCountry Mortgage, LLC. (NMLS3029) is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to race, religion, creed, color, orientation, gender, age, national origin, veteran status, disability status, marital status, sexual orientation, gender identity, or gender expression, or any other protected status in accordance with all applicable federal, state and local laws. The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. Employment is contingent upon successful completion of a background investigation. CrossCountry Mortgage, LLC. is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org.

  • Just Posted

A
Wholesale Mortgage Loan Processor
  • AMERICAN FINANCIAL RESOURCES LLC
  • Parsippany, NJ OTHER
  • Job Details Job Location: Campus Drive - Parsippany, NJ Salary Range: Undisclosed *This is a remote position. American Financial Resources, LLC (AFR), the corporate entity for AFR Wholesale (www.afrco...
  • Just Posted

M
Residential Mortgage Loan Processor
  • Manasquan Bank
  • Wall, NJ FULL_TIME
  • Please note: this is not a remote-based role.PRIMARY PURPOSEProcess new residential mortgage, equity, and consumer loan applications as outlined in the Bank’s policies including obtaining and analyzin...
  • 13 Days Ago

C
Mortgage Loan Assistant
  • CrossCountry Mortgage
  • Hoboken, NJ FULL_TIME
  • We are looking for a skilled mortgage loan officer assistant to join our top-producing team and assist our mortgage loan origination officers. This position requires a unique mix of sales and customer...
  • 27 Days Ago

P
US - Loan Processor - Residential Mortgage III
  • Procom Services
  • Laurel, NJ FULL_TIME
  • Company DescriptionProcom is a leading provider of professional IT services and staffing to businesses and governments in Canada.With revenues over $500 million, the Branham Group has recognized Proco...
  • 14 Days Ago

A
Processor
  • AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY
  • Netcong, NJ OTHER
  • Job Details Job Location: 4650 Netcong - Netcong, NJ Position Type: Full Time Education Level: High School Salary Range: Undisclosed Travel Percentage: None Job Category: Finance DescriptionAnnieMac H...
  • 15 Days Ago

New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newark Bay, and the Arthur Kill); on the east by the Atlantic Ocean; on the southwest by Delaware across Delaware Bay; and on the west by Pennsylvania across the Delaware River. New Jersey is often broadly divided into three geographic regions: North Jersey, Central Jersey, and South Jersey. Some New Jersey residents do not consider Central Jersey a region in its own right, but others believe it is a separate geographic and cultural area from the Nor...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Loan Processor jobs
$45,359 to $57,101

Mortgage Loan Processor in Nassau, NY
This position can and does work independently to analyze and make recommendations about the approval or denial of a loan.
January 07, 2020
Mortgage Loan Processor in Scranton, PA
Also, knowing how much you can afford prior to beginning the mortgage process will help you narrow down the field so you don’t waste time looking at homes that are out of reach.
January 21, 2020
Mortgage Loan Processor in Stockton, CA
Let's find out what skills a Mortgage Loan Processor actually needs in order to be successful in the workplace.
November 27, 2019