Description:
Lighthouse Technology Services is hiring a Mortgage Loan Processor for a 6+ month contract in Ballston Lake, NY. This hybrid role involves coordinating loan applications, ensuring compliance with mortgage guidelines, and communicating with key stakeholders to facilitate a seamless mortgage process. The ideal candidate will have mortgage processing or underwriting experience and the ability to work efficiently with various loan systems.
Key Responsibilities:
- Maintain effective communication with customers, brokers, loan officers, and internal teams.
- Obtain and verify processing documentation such as employment verification, IRS transcripts, title searches, appraisals, and bank statements.
- Identify and escalate irregularities related to standard mortgage guidelines.
- Analyze credit reports, income documentation, appraisals, and verifications to ensure compliance with underwriting and investor guidelines.
- Perform administrative tasks, including preparing commitment letters, reviewing insurance documents, mailing loan suspension notices, and coordinating with closing attorneys.
Candidate Requirements:
- 2-3 years of mortgage processing or underwriting experience.
- Strong knowledge of mortgage processing and underwriting guidelines.
- Experience using mortgage loan systems such as Empower and Encompass.
- Excellent organizational skills and attention to detail.
- Analytical and mathematical ability to assess loan applications and compliance requirements.
- Associate’s Degree or equivalent work experience (2 years).
- Ability to assess, restructure, and recommend solutions for loan applications.
Preferred Experience:
- Experience reviewing and accepting loan conditions based on underwriter requirements.
- Knowledge of federal compliance guidelines under the SAFE Act.
- Strong problem-solving skills related to borrower fees and regulatory documentation.
Pay Rate:
💰 $25 per hour (W2 Contract)