Mortgage Loan Processor

  • Location
    Fair Lawn, New Jersey
  • Category:
    Financial Services - Loan / Mortgage
  • Job Type:
    Direct Hire
  • Job reference:
    US_EN_8_842894_2797073

 

SUMMARY:

Processes first mortgage loan applications and ensures compliance with all investor requirements, Federal and State regulations and Columbia’s policies.

Verifies and calculates financial information to determine applicant qualifications with respect to Bank risk and salability to Secondary Market.

Reviews eligibility of new mortgage applications received from Account Executives.

Updates loan information in the Encompass Loan Origination System on a daily basis.

Updates credit and appraisal documentation to comply with investors’ aging requirements.

Follows loan through to closing.

Serve as a back- up for Mortgage Loan Disclosure Specialist. 



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The Company will consider qualified applicants with arrest and conviction records