MIT - Massachusetts Institute of Technology Jobs

MIT - Massachusetts Institute of Technology

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Cambridge, Massachusetts

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"Mortgage Loan Processor"

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Mortgage Loan Processor

MORTGAGE LOAN PROCESSOR, manages the overall lending process becoming the primary point of contact for all parties involved; works directly with the member/applicant and follows up to ensure all forms are completed and all required supporting documentation is received prior to underwriting review and the final decision is made; orders all required third party services such as flood certificates, appraisals and title commitments; reviews and verifies all fees are disclosed accurately and that the Loan Estimate and Closing Disclosures are sent out within required deadlines to ensure regulatory compliance; analyzes loan-to-value ratios, debt-to-income ratios, credit reports, income, assets, source of down payments along with the supporting documentation; and reviews potential fraud or misrepresentation.

The full job description is available here.

REQUIRED: A minimum of one year of loan processing experience; must have or be able to obtain an NMLS license; high level of computer literacy; ability to handle multiple tasks in a fast-paced environment.

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