Mortgage Processor

Company: Tata Consultancy Services
Location: Cincinnati
Posted on: April 10, 2021

Job Description:

Mortgage Processor
The Mortgage Loan Processor position exists to provide comprehensive support and assists in high quality mortgage loan originations. Loan Processors are primarily responsible for working with mortgage applicants to collect, analyze and submit complete loan files to underwriting for credit decisions. The Loan Processor is also responsible for meeting specific time-lines for the entire fulfillment process for their assigned loan pipeline.
Responsibilities:

• Request, review and verify all loan documents such as income, credit, appraisal and title insurance, to ensure complete and accurate information is in the file before it is sent to underwriting.
• Obtain verification of deposit, verification of employment, credit report.
• Prioritize and monitor daily workflow in order to ensure all loans are being worked on in accordance with company's timeline expectations.
• Maintain constant communication with customers on status updates and/or changes to the loan.
• Ensure any necessary and critical changes which require re-disclosures have been accurately notated and checked in the loan origination system for compliance purposes.
• Coordinate loan closing with customers, title companies, and loan agents.
• Resolve any customer service issues or Demonstrate advanced product knowledge of FHA, VA, Conventional and other loan programs such as Home Equity Lines of Credit, 2nd Mortgages, Home Improvement, down payment assistance and bond programs.
• Demonstrate working knowledge of federal and state guidelines, rules and regulations such as RESPA, TILA, HMDA, etc.
  Qualifications:
  • Minimum 4 years of residential mortgage loan processing experience required.
  • Must have High School Diploma/GED.
  • Must be experienced in automated underwriting. To include Fannie/Freddie (CONV/FHA/VA/RD)
  • Applicant must be detail oriented and be able to multi task.
  • Must possess excellent written and verbal communication skills.
  • Must possess a superior customer service focus.
  • Must be able to prioritize in order to meet loan closing deadlines.
  • Must be able to work independently on processing various loan applications.
  • Ability to sit at for 6-8 hours a day.
    About the company:Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 400,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at .

Keywords: Tata Consultancy Services, Cincinnati , Mortgage Processor, Other , Cincinnati, Ohio