Mortgage Loan Processor - Residential Underwriting Specialist
Overview
We seek a detail-oriented Mortgage Loan Processor to lead residential loan processing at our Boston office. This role drives ownership of loan applications from disclosure to closing while ensuring compliance with TRID and ECOA regulations. You will analyze documentation verify financial data and prepare regulatory disclosures. The ideal candidate possesses strong analytical abilities and familiarity with residential lending frameworks.
What You'll Do11
- 1Process residential home equity loan applications from initial disclosure through closing
- 2Review loan documentation for completeness and accuracy
- 3Order and evaluate appraisals title work and flood certifications
- 4Verify income assets credit and collateral information
- 5Calculate DTI and LTV ratios for risk assessment
- 6Prepare Closing Disclosures and authorize transactions
- 7Communicate loan status updates to borrowers and internal teams
- 8Assist underwriting teams with file management and recommendations
- 9Maintain accurate loan records throughout the lifecycle
- 10Generate reports for management oversight
- 11Support operational continuity during peak periods
Requirements8
- 12+ years residential mortgage or home equity processing experience
- 2Proficiency with Encompass Loan Origination System
- 3Familiarity with Microsoft Office suite
- 4Knowledge of residential lending regulations
- 5Understanding of TRID ECOA HMDA fair lending practices
- 6NMLS registration or willingness to obtain
- 7Strong attention to detail and multitasking capabilities
- 8Ability to manage multiple loan files simultaneously
Salary Insight
$73 - $83k per year
Location
Required Skills
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