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Fort Wayne

    Mortgage Loan Processor - Fort Washington, United States - Newrez LLC

    Newrez LLC
    Newrez LLC Fort Washington, United States

    2 weeks ago

    Default job background
    Accounting / Finance
    Description

    This position is onsite in Fort Washington, PA

    Primary Function

    The Processor works in conjunction with Sales to ensure all loans in assigned pipelines are facilitated through the loan manufacturing process. Additionally, this role will maintain daily workflow prioritization & perform the proper due-diligence to ensure every loan has been processed in quality, timely and efficient manner. The Processor establishes communication with all 3rd parties tied to the transaction, including, but not excluded to the appropriate Title Company and Appraisal Management Company. The Processor also works closely with our internal departments: Underwriting, Secondary, Closing and Post-Closing.

    Principal Duties

    • Establishes proper communication with Borrower (where necessary).
    • Actively communicates with all 3rd Parties.
    • Completes the proper due-diligence on any/all loan conditions received from Sales.
    • Processes all loans according to established NPF Service Level Agreements
    • Performs necessary pipeline tasks required to clear all assigned Processing Conditions.
    • Processes all files pursuant to the NPF pre-closing checklist.
    • Properly maintains satisfactory monthly quality scores.
    • Coordinates all closing requests received from Sales.
    • Audits files for compliance throughout the loan process: RESPA/GFE, all applicable State/Federal tests, TILA & other required state specific disclosures.
    • Prepares loan file for final review by Processing Manager

    Education and Experience Requirements

    • Four (4) year college degree
    • Must have processing experience
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