Mortgage Processor 1 - Coralville
Only for registered members Coralville, United States
3 weeks ago
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Job summary
+A Mortgage Processor 1 is responsible for obtaining, reviewing, and submitting the appropriate documentation for a mortgage customer's loan request.+
Responsibilities
+Process loan transactions: (80%) Develops the ability to work independently and is able to prioritize workload, follow up regularly by phone/email, to meet all contingency and closing deadlines. Prepares and submits a complete loan file to underwriting for loan approval: Acquires knowledge of Fannie Mae, investor, or in-house guidelines. Collects all required documentation for the loan and verifies accuracy between the documentation provided and information documented in Encompass. Investigates inconsistencies and corrects data entry errors. Organizes documents in Encompass. Resubmits file to Automated Underwriting Systems. Follows up and satisfies all conditions on the Approval Notice +Ongoing Education / Other Duties:
Assure that all customer files are complete and in compliance with regulatory agencies and internal policies.+
Quality Control:
Assists with resolving secondary market suspensions by following up on missing documentation in the file.Job description
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