Mortgage Processor III

The Mortgage Processor III will assess conventional and government loan requests based on product, underwriting, and investor guidelines, serving as the communication liaison between customers and the Mortgage department. Responsibilities include maintaining effective communication with all parties involved in loan applications, obtaining necessary documentation from internal and external sources, and notifying parties of any irregularities relative to mortgage guidelines. The processor will monitor, update, and analyze credit reports, appraisals, income documentation, and verifications to ensure adherence to guidelines. Additional duties involve preparing commitment letters, reviewing title and homeowner's insurance, mailing loan suspend notices, providing closing attorneys with documentation, and completing processing checklists. The role requires scrutinizing loan applications to assess qualifications, restructuring loans, recommending solutions, and reviewing and accepting loan conditions based on underwriter requirements, while ensuring adherence to all regulatory requirements and guidelines.