Mortgage Processor – Boston, MA/Remote

Job Description

Mortgage Loan Processor is responsible for the compliance, quality, data integrity and completeness of the file through the loan lifecycle into Closing. Must be familiar with jumbo mortgage, high-net worth, ultra high-net worth, self-employed, pledge, and entity lending. Must be familiar with the requirements outlined by the Underwriting and Credit Risk group in order to ensure complete submission of the loan file into Underwriting; Encompass experience is strongly preferred.

Primary responsibilities

  • Collect, review and ensure all loan files are compliant and complete
  • Onboard all loan documentation and document file updates onto Encompass
  • Generate, review and deliver Disclosures
  • Responsible for TRID, REG B, REG C and any state-specific requirements for Disclosure delivery and timing of those deliveries
  • Order Services (HOI, HOA, 4506T, Appraisal, VOE, Flood etc.)
  • Clear loan conditions and collaborate with Closing to ensure timely closing

Qualifications

Bachelors degree in finance or the equivalent combination of education and experience is required. MBA is preferred. 3-5 years of total work experience preferred; experience in mortgage lending preferred.