Mortgage Processor

Location: California

Job Details

Position Type
:
Full Time

Summary: The Mortgage Processor is responsible for managing residential secondary mortgage loan files from application through underwriting approval and submission to closing. This role requires strong knowledge of TRID disclosure requirements, secondary‑market guidelines, and investor documentation standards. The processor serves as the primary point of contact for borrowers during processing and ensures files are complete, accurate, compliant, and ready for closing handoff.

Essential

Job Duties and Responsibilities Loan Processing and Disclosure

Review loan applications for completeness, accuracy, and compliance

Prepare and issue initial disclosures in compliance with TRID timing and content requirements

Manage and issue change‑of‑circumstance disclosures and rate‑lock related disclosures as applicable

Ensure disclosures are accurate, timely, and properly documented

File Preparation and Underwriting Submission

Prepare loan files for underwriting by verifying all AUS findings and documentation requirements

Ensure applications are complete, internally consistent, and supported by required documentation

Submit complete and sound loan files to underwriting

Underwriting Condition Management

Act as primary point of contact with borrowers to obtain documentation needed to clear underwriting conditions

Review underwriting conditions for accuracy and clarity

Work proactively to resolve conditions while maintaining compliance with program and investor guidelines

Maintain clear, professional communication with borrowers and internal stakeholders

Final Approval and Closing Handoff

Confirm all underwriting conditions have been satisfied and documented

Submit loan files to the closing department upon receipt of final underwriting approval

Ensure files are complete, accurate, and ready for closing preparation

Compliance & Quality Control

Maintain compliance with federal, state, investor, and bank policies

Ensure loan files meet audit and secondary‑market delivery standards

Document file actions clearly and consistently in the loan origination system

Qualifications

Required Qualifications

Minimum 3–5 years of secondary mortgage processing experience

Demonstrated knowledge of TRID regulations, disclosure timelines, and change‑of‑circumstance requirements

Experience processing government and conventional loan products

Strong understanding of AUS findings and documentation standards

Ability to manage multiple files simultaneously with attention to detail

Strong written and verbal communication skills

Experience working directly with borrowers in a professional, service‑oriented manner

Familiarity with affordable housing or down‑payment assistance programs

Experience processing jumbo or non‑agency loans

Program and Guideline Knowledge

Process loans across multiple product types, including:

• Conventional (Fannie Mae & Freddie Mac)
• FHA
• VA
• USDA
• Jumbo
• Non‑Agency
• Affordable lending and down‑payment assistance programs

Apply investor, agency, and internal policy requirements consistently

Key Competencies

Regulatory awareness and attention to detail

Time management and prioritization

Independent problem‑solving

Borrower communication and service mindset

Secondary‑market documentation discipline

Other duties as assigned.

This job description is subject to change at any time.

#J-18808-Ljbffr