Overview
We are seeking a detail-oriented and motivated Processor to join our dynamic team in the financial services industry. The ideal candidate will play a crucial role in the loan processing cycle, ensuring that all documentation is accurate and compliant with regulatory standards. This position requires strong organizational skills and a thorough understanding of mortgage processes, making it essential for maintaining the integrity of our operations. A strong knowledge in DSCR and Investment property lending is necessary.
Responsibilities
- Review and analyze loan applications to ensure completeness and compliance.
- Process loan origination documents, including gathering necessary information from applicants.
- Conduct underwriting assessments to evaluate borrower creditworthiness and risk factors.
- Collaborate with loan officers and other team members to facilitate smooth processing of loans.
- Manage escrow accounts and coordinate with relevant parties throughout the mortgage servicing process.
- Maintain accurate records of all transactions and communications related to loan processing.
- Stay updated on DSCR and investment property guidelines and industry best practices to ensure compliance.
Skills
- Proven experience in loan processing or related financial services roles.
- Familiarity with underwriting processes and mortgage servicing standards.
- Strong knowledge of TILA regulations and loan origination procedures.
- Proficiency in 10 key typing for efficient data entry tasks.
- Excellent organizational skills with a keen attention to detail.
- Ability to work collaboratively in a fast-paced environment while managing multiple tasks effectively.
- Strong communication skills, both written and verbal, for effective interaction with clients and team members.
Join us as a Processor, where you will contribute significantly to our mission of providing exceptional service in the financial sector while advancing your career in a supportive environment!
Job Type: Full-time
Pay: From $60,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Experience:
- Organizational skills: 1 year (Required)
- Loan processing: 1 year (Required)
Ability to Commute:
- Parsippany-Troy Hills, NJ 07054 (Required)
Ability to Relocate:
- Parsippany-Troy Hills, NJ 07054: Relocate before starting work (Required)
Work Location: Hybrid remote in Parsippany-Troy Hills, NJ 07054