LOAN PROCESSOR 

Job description

Petra Cephas Inc. is a residential mortgage broker based out of New Jersey. The Mortgage Loan Processor will work directly with a group of Loan Officer and plays a crucial role in the homebuying process for our clients. Our ideal candidate will be able to multi-task and oversee a pipeline of 25-30 loans, and be able to process the loan from the Registration Stage through Closing. We are looking for a "go-getter" and someone who is looking to learn and advance their career.

Qualifications:

  • Minimum 3 years of processing experience

  • Excellent customer service skills, phone etiquette and must work well with others in a team setting

  • Strong organizational, problem solving, multi-tasking and analytical skills

  • Ability to work with deadlines

  • Ability to interpret financial data as needed to set production goals

  • Excellent organizational skills and attention to detail

  • Excellent written and verbal communication skills

  • Proficient in Microsoft Office Suite and LOS

Responsibilities:

  • Review loan applications for completeness and accuracy, reconcile applications against system input

  • Gather loan documentation from borrowers and review for completeness and accuracy prior to submitting for underwriting review

  • Verify all received loan documentation for accuracy and completeness

  • Analyze credit reports and AUS Findings

  • Ensure compliance on all loans

  • Prepare loan files for initial disclosures, for final approval, including assembling all relevant documentation and ensuring everything is in order for a smooth closing process

  • Communicate with borrowers, third party partners, and referral partners on a consistent basis

  • Ensure all required disclosures are provided to the borrower in a timely manner

  • Establish long term relationships with clients and lending partners by delivering the best in customer service

  • Provide support to Loan Officers as required

  • Other duties as assigned

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