Mortgage Loan Processor

Role Description The Mortgage Loan Processor is a full-time role based in Freehold, NJ or Ocean, NJ with the flexibility to perform some work from home. This role is responsible for managing mortgage loan files from application through closing, including collecting and verifying borrower documentation, reviewing credit reports, and ensuring all necessary disclosures and compliance requirements are met. The Mortgage Loan Processor will coordinate with loan officers, underwriters, and other stakeholders to resolve file conditions, address documentation issues, and maintain clear communication with borrowers throughout the process.

Day-to-day tasks include data entry into loan origination systems, monitoring pipeline status, preparing files for underwriting, and ensuring loans meet company and regulatory standards. The role also involves adhering to deadlines, maintaining detailed records, and supporting continuous improvement of processing workflows.

Qualifications

• Demonstrated knowledge of the mortgage industry and familiarity with current regulations and lending practices.
• Experience in mortgage lending and loans, including working with various loan products and structures.
• Proficiency in loan processing activities, such as gathering documentation, validating information, and preparing files for underwriting.
• Understanding of underwriting principles and ability to collaborate effectively with underwriters to clear conditions.
• Strong analytical and detail-oriented skills, with the ability to review complex financial documents and identify discrepancies.
• Effective written and verbal communication skills for interacting with borrowers, internal teams, and third-party partners.
• Ability to manage multiple files and deadlines in a fast-paced environment while maintaining accuracy and compliance.
• Comfort with mortgage loan origination systems and general computer proficiency, including basic office software.
• Previous experience as a mortgage loan processor or in a related mortgage operations role is preferred.
• High school diploma or equivalent required; additional education or relevant certifications in finance or business are beneficial.