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Mortgage Document Coordinator

Job in Wayne, Passaic County, New Jersey, 07474, USA
Listing for: Valley Bank
Full Time position
Listed on 2026-09-13
Job specializations:
  • Finance & Banking
    Loan Servicing
  • Administrative/Clerical
    Loan Servicing
Salary/Wage Range or Industry Benchmark: 50000 - 75000 USD Yearly USD 50000.00 75000.00 YEAR
Job Description & How to Apply Below

Responsibilities Include But Are Not Limited To

  • Review new loans passed from the Mortgage Department's loan origination system to MISER for accuracy of information within prescribed time frames after loan boarding.
  • Make changes to MISER as needed and as supported by the original loan documentation. Interacts with investors ensuring documentation is correct and complete.
  • Ensure proper follow-up and filing of original loan documents, Note, recorded Mortgage, Title Policy and Assignments, within the prescribed time frames to complete the Collateral files.
  • Assist with the follow-up on corrective documentation sent to borrowers and/or settlement agents.
  • Receive, prepare and submit Post Funding Audit requests to Fannie and/or Freddie Mac and PMI companies within the prescribed time frames.
  • Interview borrowers who are applying for a modification, assumption, re-amortization, or partial release of an existing first residential mortgage loan.
    • Review the submission package to ensure completeness, viability and compliance with established guidelines. Communicate with borrowers whose packages are incomplete and secure the missing documentation.
    • Prepare and submit packages to the Mortgage Servicing Manager for review and approval, denial or counter-offer. Preparation of documentation supporting management's decision.
    • Ensure finalized documentation is retained in loan files or delivered timely to Custodians for GSE's.
  • Assist with the preparation and submission of external home equity subordination requests.
  • Assist in the preparation of daily, weekly and monthly reports.
Required Skills
  • High ability to multi-task and prioritize workflow and assignments.
  • High accuracy with attention to detail and meeting deadlines.
  • Ability to work independently and in a team environment.
  • Effective verbal and written communication skills.
  • Ability to comprehend, analyze and explain all aspects of a customer's request.
  • Ability to perform mathematical calculations and working accurately with numbers.
  • Knowledge of Microsoft Word, Excel and Access.
Required Experience
  • High School Diploma or GED and a minimum of three years' mortgage related experience.
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