Professional Alternatives · 1 week ago
Mortgage Loan Processor
Professional Alternatives is seeking a Mortgage Loan Processor who will be responsible for the comprehensive review, processing, and coordination of residential loan products from application through funding. The role involves ensuring timely and accurate loan documentation, clear communication with members and internal teams, and compliance with lending guidelines.
RecruitingStaffing Agency
Responsibilities
Perform comprehensive review and analysis of residential loan products, including:
First Mortgages
Home Equity Loans
Home Equity Lines of Credit (HELOCs)
Lot Loans
Construction Loans
Home Improvement Loans (purchase and refinance)
Review loan approval conditions and ensure timely, accurate resolution
Calculate basic borrower income in accordance with lending guidelines
Perform first-line review of appraisals and title documentation
Provide first-level escalation support for loan-related issues
Pipeline Management & Communication
Proactively manage assigned loan pipeline to ensure deadlines are met
Establish timely and proactive communication routines with members and/or branch personnel
Provide regular loan status updates and follow up on outstanding conditions
Coordinate closely with internal teams to ensure smooth loan progression
Support Home Equity Line of Credit (HELOC) conversions
Support Home Improvement Loan draw conversions
Review and monitor HELOC expiration reports (C-View)
Prepare and distribute HELOC expiration letters (3-month and 9-month notifications)
Perform additional duties as assigned to support loan operations
Qualification
Required
Prior experience processing or closing mortgage and home equity loans
Strong understanding of residential loan products and documentation
Ability to calculate basic income accurately
Familiarity with appraisal and title review processes
Excellent organizational and time management skills
Strong written and verbal communication skills
High attention to detail and accuracy
Ability to manage multiple loans simultaneously in a fast-paced environment
Customer-focused with a proactive, problem-solving mindset