Loan Processor

  • location: Lynn, MA
  • type: Contract
  • salary: $18 - $22 per hour
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job description

Loan Processor

job summary:
We are seeking a Mortgage Processor to join a North Shore banking client. The ideal candidate will ensure the timely and accurate packaging of all loans.

location: Lynn, Massachusetts
job type: Contract
salary: $18 - 22 per hour
work hours: 9 to 5
education: No Degree Required
experience: 1 Years
  • Review and prescreen residential mortgage loan application packages received from the Loan Originators for completeness
  • Prepare all necessary application disclosures, 21day letters and commitment letters utilizing ERP system
  • Order and track appraisals, titles and flood with appropriate vendors
  • Update income and assets as documentation is received
  • Review all closing packages prior to being sent to the attorney

    • Ensure all required documentation (Closing Disclosure, Note and Mortgage, Loan Estimate) are complete and accurate
    • Verify underwriting requirements are on file
    • Notify underwriter and department head of any irregularities
    • Once satisfied that all standards are met, signs off on the Pre-Closing Compliance Checklist
  • Act as liaison with attorney relative to closing and answer questions pertaining to mortgage closing
  • 1-2 years of previous processing experience
  • Ability to work well with others and under time constraints
  • General knowledge of banking and ERP systems (Mortgagebot and Encompass is a must )
  • Excellent communicator
Please click to apply and send resumes to

skills: Loan Processing
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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