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Kearny Bank · 19 hours ago

Condominium Review Specialist - Residential Mortgage

Fairfield, NJ

Full-time

Onsite

Mid Level

$65K/yr - $85K/yr

3+ years exp

Kearny Bank is responsible for evaluating and approving condominium projects for their Residential Mortgage Department. The role involves ensuring projects meet eligibility criteria for mortgage financing and mitigating risks associated with documentation and compliance.

BankingFinancial Services

Growth Opportunities

Responsibilities

Review and analyze condominium project documentation including budgets, insurance certificates, legal documents (e.g., declarations, bylaws), and meeting minutes

Determine project eligibility based on federal agency-specific guidelines and applicable secondary market overlays

Communicate with lenders, project managers and internal stakeholders to obtain missing or clarifying documentation

Maintain accurate records of project reviews and decisions in the loan origination system

Collaborate with Operations staff to ensure consistent application of agency standards

Stay current with changes in federal agency guidelines and industry best practices

Provide training and support to underwriting staff on condominium review procedures

Identify and escalate complex or high-risk projects to senior staff or management

Qualification

Condominium review processesLoan origination systemsAgency-specific condo review trainingDocument management platformsMS Office proficiencyCommunication skills