*Onsite Contract Opportunity*
Lighthouse Technology Services is partnering with our client to fill their Mortgage Processor position! This is a 6+ month contract opportunity onsite in Buffalo, New York. This role will be a W2 employee of Lighthouse Technology Services.
Position Overview:
This role is responsible for processing conventional and government loan requests based on product, underwriting, and state specific and investor guidelines.
What You'll Be Doing:
- Maintain effective communication with all necessary parties involved in a new loan application, from the customer, broker, correspondent, loan officer, and co-workers to ensure a seamless and positive application 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 and update credit reports, appraisals, income documentation, and all verifications to ensure all underwriting conditions are met. Work closely with underwriting to quickly resolve any issues or concerns.
- Perform other administrative duties supporting the origination department including, but not limited to: preparing and mailing commitment letters, title and homeowners insurance review, mailing loan suspend notices, updating loan conditions, providing the closing attorney with additional documentation, and all appropriate processing checklists.
- Ensures adherence to all regulatory requirements and guidelines.
What You'll Need to Have:
- Associates degree with a minimum of one years mortgage industry experience or two years equivalent work experience, OR in lieu of a degree, three years equivalent work experience including a minimum of one years mortgage industry experience.
- -OR- Six months specific Bank mortgage processing experience plus an additional 6-12 months experience in customer service, operations, or the financial services industry.
- Good PC skills with strong knowledge of spreadsheet, word processing, email, and PDF software.
- 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.
Pay Range: $18-$20/hr
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