Freedom Mortgage · 15 hours ago
Payment Processor - Onsite NJ
Marlton, NJ
Full-time
Onsite
New Grad, Entry Level
$34K/yr - $40K/yr
0+ years expFreedom Mortgage is a company focused on providing mortgage services, and they are seeking a Payment Processor to ensure the accurate and timely processing of customer mortgage payments. This role involves posting payments, reconciling transactions, and collaborating with various business units to meet company guidelines.
Financial ServicesInsuranceMortgage
Responsibilities
Posts customer payments and payoffs accurately and timely, either manually or electronically, to the servicing system of record. Perform reconciliation of all posted items
Disperses checks and performs reconciliation of disbursements
Contacts attorney, title agents and borrowers for short payoffs
Sets up and maintains ACH accounts
Works on pending and exception items. Maintains and processes daily exception reports identified to minimize company risk
Maintains reversal of posting transactions i.e., NSF and reversals
Scans mortgage payments into the servicing system and depository bank
Opens and processes mail. Receives, tracks and documents incoming Cash Management items
Maintain regular and punctual attendance. Comply with all company policies and procedures
Data analysis and reconciliation of data pertaining to payment applications
Root cause analysis to minimize risk to company
Individual decision-making ability with documented fact-based decision within authority level
Research and remediation ability based on minimal data for research
Ability to adjust and learn quickly
Performs other related duties as assigned
Qualification
Required
High School Graduate/GED
0-1 years related work experience
Ability to adjust and learn quickly
Data analysis and reconciliation of data pertaining to payment applications
Root cause analysis to minimize risk to company
Individual decision-making ability with documented fact-based decision within authority level
Research and remediation ability based on minimal data for research
Maintain regular and punctual attendance
Comply with all company policies and procedures
Preferred
Vocational/Technical School Certificate or Associate or Bachelor's Degree
2-4 years related work experience
Sagent, LoanServ experience, a plus
Accounting/mathematical skills including the ability to add and subtract two-digit numbers and to multiply and divide with 10's and 100's
Data entry experience; quick and accurate
Intermediate Excel knowledge and ability to manipulate data
Banking software experience; depositing, posting, balancing checks
Benefits
PTO
Medical
Dental
Vision
401(k) plan with company match
Life insurance
Long term and short-term disability options
FSA/HSA
Tuition reimbursement
Other voluntary benefits
Company
Freedom Mortgage
Freedom Mortgage is a full-service mortgage lender with strong customer service and a unique streamlined process.
5001-10000 employees
H1B Sponsorship
Freedom Mortgage 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 (8)
2024 (25)
2023 (36)
2022 (75)
2021 (88)
2020 (27)
Funding
Current Stage
Late StageTotal Funding
$1.55B2025-08-20Debt Financing· $500M
2023-06-27Debt Financing· $1.05B
Leadership Team
Stan Middleman
President, Chief Executive Officer
Steven Fasman
Executive VP & Executive Advisor to the CEO
Recent News
2025-10-24
2025-10-20
Company data provided by crunchbase