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M&T Bank · 3 weeks ago

Mortgage Processor III

United States

Full-time

Remote

Entry, Mid Level

$20.55/hr - $34.25/hr

2+ years exp

M&T Bank is a financial institution seeking a seasoned Mortgage Processor III. The role involves assessing loan requests, maintaining communication with various parties, and ensuring adherence to mortgage guidelines.

Financial Services

H1B Sponsor Likely

Responsibilities

Maintain effective communication with all necessary parties involved in a new loan application, from the customer, loan officer, realtors, settlement agents, municipalities, and co-workers to ensure a seamless and positive application experience

Work with various internal departments as well as external organizations to obtain processing related documentation or obtain necessary information needed to complete an application i.e.: Verification of Employment, IRS Transcripts, title search, appraisal, bank statements, etc

Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines

Monitor, update and analyze credit reports, appraisals, income documentation, and all verifications to ensure they adhere to product, underwriting and investor guidelines

Perform other administrative duties supporting the origination department including, but not limited to: preparing and mailing commitment letters, review title and homeowner’s insurance, mailing loan suspend notices, providing the closing attorney with additional documentation, and all applicable processing checklists

Ability to scrutinize a loan application to assess qualification, and is able to restructure a loan or recommend solutions

Empowered to review and accept loan conditions based on underwriter requirements

Ensures adherence to all regulatory requirements and guidelines

Strong analytical/mathematical background to evaluate changes to borrower’s current fee structure, allowable changes to those fees and the re-creation of the required regulatory documents

Work closely with both Internal and External Customers such as co-workers, borrower(s) and Loan Officers

Identify risk-related issues needing escalation to management

Promote an environment that supports belonging and reflects the M&T Bank brand

Complete other related duties as assigned

Qualification

Mortgage processing experienceUnderwriting knowledgeRegulatory complianceExcel proficiencyAnalytical skillsVerbal communicationWritten communicationTeamworkAttention to detailTime management

Required

Associates Degree or two years equivalent work experience

Two to three years prior mortgage processing or underwriting experience

Preferred

Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe

Ability to make sound decisions based on information provided

Knowledge of Product, Investor and Compliance Requirements

Versatility and flexibility working within an ever changing fast paced mortgage environment

Adapting to new policies and procedures to improve processes and workflow

Ability to function independently within time constraints

Excellent verbal and written communication skills

Highly organized with the ability to multitask

Strong attention to detail

Prioritization of daily workload

Ability to work in a team environment

Strong work ethic, reliable and dependable

Company

M&T Bank

Glassdoor3.6

Great companies have an enduring sense of purpose.

Founded in 1856

Buffalo, New York, US

10001+ employees

http://www.mtb.com

H1B Sponsorship

M&T Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (116)

2024 (113)

2023 (84)

2022 (103)

2021 (42)