Loan Processor

Role Overview

The Loan Processor supports the Montvale, NJ office of CrossCountry Mortgage, providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation. The role involves reviewing and analyzing borrower's credit, employment, income, and assets, and preparing loan approval summaries and disclosures.

What You Will Do

Perform a thorough review and analysis of borrower's credit, employment, income, and assets. Assemble the complete loan package, verify required documentation, and complete the required loan checklist. Prepare loan approval summaries, Forms 1008 and 1003, and ensure the accuracy of all information.

Why It Might Be a Fit

The Loan Processor role requires excellent math and analytical skills, excellent communication skills, and excellent prioritization and time management skills. The role involves working with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information, and managing pipeline by completing and submitting reports within allotted turn-around times.

Requirements

• High School Diploma or equivalent
• Minimum of 5 years' residential mortgage processing experience
• Experience with Encompass
• Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations
• Knowledge of DU, LP, Microsoft Office, and Windows

Benefits

• Competitive compensation plan
• Robust benefits package
• Medical, dental, vision
• 401K
• Company-provided short-term disability
• Employee assistance program
• Wellness program