LOAN PROCESSOR - Madison Mortgage Services : Job Details

LOAN PROCESSOR

Madison Mortgage Services

Job Location : Great Neck,NY, USA

Posted on : 2024-10-22T07:30:34Z

Job Description :

Madison Mortgage is a fast-growing company looking to add mortgage processing specialists to our team. No experience? No worries Four weeks of extensive training will prep recent college graduates for this exciting industry with amazing career advancement potential. Have a knack for numbers and superior people skills? Youre exactly the type of candidate were looking for. Possess a winning attitude and quick mind? Even better. All we ask of you is that you bring enthusiasm, a solid work ethic, and a strong desire to learn. This is a very team-oriented position and we work closely together. Interested in learning more? Read on. Responsibilities: Work with the borrower to gather financial information such as credit reports, verify the accuracy to determine creditworthiness, and complete the mortgage loan application Adhere to all lending and regulatory guidelines and policies while preparing the loan file Put together loan packages and submit to lender underwriting for approval or denial Act as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approval Determine the best loan option for the borrower through interviewing and discussion What You Will Be Doing Providing elite service to our clients Communicating with clients on loan conditions and statuses via phone or video message Learning investor guidelines, lending policies, and the required documentation, policy, and procedures of Madison Mortgage Services Applying knowledge and judgment to detailed loan analyses to offer effective underwriting alternatives to your team Developing strong computer skills, including internet knowledge Managing multiple priorities, while building rapport with clients Qualifications: Minimum of 2 years loan processing experience required High school diploma or GED required - Associates degree in accounting, finance, or business preferred FHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience required Superb analytical skills, time management skills, and attention to detail Excellent written and verbal communication skills are a requirement What We Need From You Required: Client service experience (phone) Willingness to learn and be coached Adaptable to a flexible, fast-changing industry Desire to collaborate in a friendly, team environment Self-motivated with a strong work ethic Ability to accept accountability for any actions On-site attendance Preferred: Bachelors degree in a business concentration or other related field Cumulative 3.0 GPA Compensation: $40,000 - $60,000 annually What You Will Be Doing Providing elite service to our clients Communicating with clients on loan conditions and statuses via phone or video message Learning investor guidelines, lending policies, and the required documentation, policy, and procedures of Madison Mortgage Services Applying knowledge and judgment to detailed loan analyses to offer effective underwriting alternatives to your team Developing strong computer skills, including internet knowledge Managing multiple priorities, while building rapport with clients

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