Mortgage Processor III

This is a fully remote position, open to applicants in California.

📋 Description

• Underwrite and process residential mortgage loans.

• Oversee a pipeline consisting of conventional, government, and/or portfolio loans.

• Handle various loan types including conventional, FHA, VA, Bond, USDA, special programs, self-employed, and complex loans.

• Assess loan documentation, compute income, review assets, analyze liabilities, and fulfill conditions as per delegated authority.

• Confirm automated underwriting decisions.

• Maintain proactive communication with borrowers and loan originators regarding the status of loans.

• Ensure that loan data in the processing system is accurate, complete, and submitted on time.

• Review pipeline reports and verify the completion of tasks.

• Act as a liaison for loan issues among Loan Originators, Underwriters, and related departments.

• Provide training and mentorship to new employees.

• Serve as an escalation point and resource for the team.

• Assist processing managers with coaching, handling escalations, and balancing workloads.

• Keep up to date with Fifth Third Mortgage Company policies and procedures.

• Mitigate risks while adhering to relevant policies and procedures.

⛳️ Requirements

• A high school diploma or equivalent is required.

• A minimum of three (3) years of experience in residential mortgage processing is required.

• Thorough understanding of conventional, government, and portfolio underwriting guidelines.

• Familiarity with processing, underwriting, and closing procedures is preferred.

• Awareness of federal lending regulations that govern residential real estate lending.

• Proven organizational skills.

• Excellent written and verbal communication abilities.

• Strong teamwork and customer service skills with a focus on collaboration.

• Proficient in computer skills, including MS Office.

• Experience with mortgage origination systems, platforms, tools, and technology is preferred.

🏝️ Benefits

• Comprehensive benefits programs promoting physical, financial, emotional, and social well-being.

• Incentive compensation plan based on company performance, business line, and/or individual achievements.

• Distinct compensation offerings.

• Employee benefits available for employees and their families.