Mortgage Processor III

Posted 18 Days Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
19-31
Mid level
Fintech
The Role
The Mortgage Processor III assesses loan requests, communicates with stakeholders, and ensures compliance with guidelines while managing documentation and administrative duties in the mortgage process.
Summary Generated by Built In
Overview:

Seasoned processor with a strong analytical ability to assess conventional and government loan requests based on a thorough knowledge of product, underwriting, and investor guidelines.  Serve as the communication liaison between the customer and M&T’s Mortgage department. Directly assist customers as required in a prompt, courteous and professional manner. 

Primary Responsibilities:
  • Maintain effective and professional communication with all necessary parties involved in a new loan application, including the customer, broker, all co-workers, and other external partners  to ensure a seamless and positive experience  
  • Work with various internal departments as well as external organizations to obtain processing related documentation or obtain necessary information needed to complete an application  i.e.:  Verification of Employment, IRS Transcripts, title search, appraisal, bank statements, etc.
  • Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
  • Monitor, update and analyze credit reports, appraisals, income documentation, and all verifications to ensure they adhere to product, underwriting and investor guidelines.
  • Perform other administrative duties supporting the origination department including, but not limited to:  preparing and mailing commitment letters, review title and homeowner’s insurance, mailing loan suspend notices, providing the closing attorney with additional documentation, and all applicable processing checklists.
  • Ability to scrutinize a loan application to assess qualification, and is able to restructure a loan or recommend solutions.
  • Empowered to review and accept loan conditions based on underwriter requirements.
  • Ensures adherence to all regulatory requirements and guidelines. 
  • Strong analytical/mathematical background to evaluate changes to borrower’s current fee structure, allowable changes to those fees and the re-creation of the required regulatory documents.
Scope of Responsibilities:

Work closely with both Internal and External Customers such as co-workers, borrower(s) and Loan Officers.

Supervisor/Managerial Responsibilities:Education and Experience Required:

Associates Degree or two years equivalent work experience.

Two to three years prior mortgage processing or underwriting experience.

Education and Experience Preferred:

Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe.

Ability to make sound decisions based on information provided.

Knowledge of Product, Investor and Compliance Requirements.

Versatility and flexibility working within an ever changing fast paced mortgage environment.  

Adapting to new policies and procedures to improve processes and workflow.

Ability to function independently within time constraints.

Excellent verbal and written communication skills.

Highly organized with the ability to multitask.

Strong attention to detail.

Prioritization of daily workload.

Ability to work in a team environment.

Strong work ethic, reliable and dependable.

Physical Requirements:

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.57 - $30.95 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.

LocationClanton, Alabama, United States of America

Top Skills

Adobe
Email Platform
Excel
Word
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
Baltimore, MD
21,590 Employees

What We Do

M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.

Similar Jobs

ServiceNow Logo ServiceNow

Naming Director, ServiceNow

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Santa Clara, CA, USA
177K-310K Annually

ServiceNow Logo ServiceNow

Creative Director

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Los Angeles, CA, USA
159K-279K Annually

ServiceNow Logo ServiceNow

Global Industries and Solutions Strategic Initiatives Lead (HCLS)

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Dallas, TX, USA

Xero Logo Xero

Consultant

Cloud • Fintech • Information Technology • Machine Learning • Software
Remote or Hybrid
US
103K-142K Annually

Similar Companies Hiring

Amplify Platform Thumbnail
Fintech • Financial Services • Consulting • Cloud • Business Intelligence • Big Data Analytics
Scottsdale, AZ
62 Employees
Camber Thumbnail
Social Impact • Healthtech • Fintech
New York, NY
53 Employees
Rain Thumbnail
Web3 • Payments • Infrastructure as a Service (IaaS) • Fintech • Financial Services • Cryptocurrency • Blockchain
New York, NY
40 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account