loan Processor

  

Job Title: Loan Processor                                                                             

Experience Level: At least 2 years                                 

Reports To: Processing Manager

Job Location: Pittsburgh, PA or Ewing, NJ                                                                                                                                                      Desired Start Date: Immediate

Bi-lingual Is A Plus (English and Spanish)

Experience with Fannie Mae, Freddie Mac, FHA, and VA loan experience Required

 

Is this a place you’d like to work? We’re a team of people on a journey together to make the most out of life and become the best version of ourselves. We’re working for something bigger than ourselves though – we are working for Our Mission – to deliver The Effortless Mortgage. We’re a deliberately developmental organization – an incubator of potential.

 

Princeton Mortgage seeks to hire a Loan Processor to report directly to the Processing Manager. The Loan Processor has three main objectives:

 

  1. Perform a comprehensive review of the loan prior to approval

  2. Communicate what is needed to close the loan after approval

  3. Deliver an Effortless Experience to all parties from start to finish

 

This job is for a highly motivated person who wants to combine their existing knowledge with a challenging environment to create an opportunity to Thrive. Do you want to take you career to the next level? Well, if you have the grit and motivation to learn and grow alongside a great team of people, keep reading….

 

Who Does Well Here – Candidate Description

The type of person who would do well in this job is someone with:

 

  • A minimum of one (1) year of loan processing experience

  • Expert customer service skills and telephone etiquette

  • Previous experience with the Encompass loan origination system

  • General knowledge of all areas of the mortgage industry and the loan process from start to finish

  • An upbeat & positive personality

  • Impeccable organizational skills – physical and mental

  • The ability to thrive in a fast-paced environment

  • A Growth Mindset – looks for problems and develops solutions

 

People who are thriving in our organization are ambitious, continuous learners. They seek challenges and responsibility, have a growth mentality, have a deep desire to reach their full potential, and are able to achieve results.

 

The Responsibilities

This person is the glue that holds the loan together. The processor works through challenging scenarios and ensures that everyone involved is informed and the borrower is left with an Effortless Mortgage Experience.

 

A summary of the responsibilities are:

 

  • Managing a loan pipeline by meeting deadlines reflected in real estate contracts and working within management established turnaround times

  • Working effectively with internal loan officers, underwriters and closers

  • Understanding Conventional and Government guidelines

  • Calculating various forms of income

  • Ordering and reviewing appraisal and title reports

  • Collecting, reviewing, and indexing acceptable documentation in a timely manner

  • Understanding AUS feedback

  • Contacting borrowers, realtors, title agents, etc. with a phone call-first mentality

  • Ensuring that all loans are cleared and released to the closing department with adequate time to meet the expected closing date

  • Monitoring and ensuring compliance with Federal and State laws and regulations, in addition to company policies and procedures

  • Demonstrating a high level of professionalism and integrity in all internal and external interactions with employees and customers.

  • Ensuring that data integrity exists with every transaction.

  • Performing other duties as assigned

 

Our Assumptions

We treat our people how we want to be treated, and assume they:

  • Are trustworthy

  • Are smart and will figure it out

  • Seek responsibility and accountability

  • Want to learn

  • Are happiest professionally when they are doing good work at something they think is meaningful

  • Are motivated to work and enjoy controlling their work environment if certain conditions are satisfied

 

Who We Are

Princeton Mortgage is a team of motivated people who are driven to achieve excellence in their work and reach their full potential, while enjoying the journey. We want to do great work for our customers.  We’re also a little weird (in a good way).

​Princeton Mortgage was founded in 1983 as a licensed mortgage banker and is backed by a 100+ year old multi-faceted real estate brokerage, investment, and insurance company. We are positioned as a well-capitalized banker that is debt free and is creating dynamic new opportunities within our industry. We are currently growing from a regional to national mortgage banker.

 

Next Steps

For more information, please submit your resume and cover letter to careers@princetonmortgage.com

All inquiries to be kept confidential.

CONTACT US

 

800.635.0977

609.737.1000

info@princetonmortgage.com

439 Grand Avenue

Ewing, NJ 08628

*The Princeton Promise is subject to applicable lending rules and regulations and is subject to change.

The Effortless Mortgage™