We are currently hiring for a Mortgage Loan Processor with experience working with High Net Worth loans.
- Gathering required documentation from the borrower and obtaining appropriate documentation from third party vendors consistent with internal, client and investor policies.
- Reviewing the complete file and ensuring the various documents in the file are in sync with the all the others and the loan application on the system.
- Scanning the hard copy of the loan application to the system (shared drive) so that anyone not in possession of the hard file can also at any point of time has access to all the file documents.
- Understanding the underwriting submission requirements before actual submission.
- Ordering the various services required on the file and capturing those requests on the systems.
- Follow up on the status of the services ordered, to ensure minimum time lag from order to receipt.
- Upon receipt of loan decision, from underwriter, review conditions with the various internal and external parties to address any additional conditions needed for final approval.
- At final approval coordinate with the respective third parties and the prospective borrower to schedule the loan settlement.
- Both written and verbal communication to clients and colleagues