Mortgage Processor III

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

📋 Description

• Facilitate effective communication with all relevant parties involved in a new loan application, including customers, loan officers, real estate agents, settlement agents, municipalities, and colleagues.

• Gather processing-related documentation and information necessary to finalize applications, such as Verification of Employment, IRS Transcripts, title searches, appraisals, and bank statements.

• Inform relevant parties about any deviations from standard mortgage guidelines.

• Monitor, update, and evaluate credit reports, appraisals, income documentation, and verifications for compliance with product, underwriting, and investor guidelines.

• Execute administrative tasks that support the origination department, which includes preparing and sending commitment letters, reviewing title and homeowner’s insurance, dispatching loan suspension notices, providing closing attorneys with necessary documentation, and completing processing checklists.

• Analyze loan applications to determine eligibility, restructure loans, and propose solutions.

• Review and accept loan conditions based on underwriter specifications.

• Ensure compliance with regulatory requirements and guidelines.

• Assess changes in borrower fee structures and recreate necessary regulatory documents.

• Collaborate with internal and external customers, including colleagues, borrowers, and loan officers.

• Identify risk-related issues that need to be escalated to management.

• Foster an environment that promotes inclusivity and aligns with the M&T Bank brand.

• Perform additional related duties as assigned.

⛳️ Requirements

• Associate's Degree or two years of equivalent work experience.

• Two to three years of prior experience in mortgage processing or underwriting.

• Proficient PC skills with a strong understanding of Excel, Word, Email Platforms, and Adobe.

• Ability to make informed decisions based on the information provided.

• Familiarity with product, investor, and compliance requirements.

• Adaptability and flexibility in a dynamic, fast-paced mortgage environment.

• Willingness to adjust to new policies and procedures to enhance processes and workflows.

• Capability to operate independently within time constraints.

• Excellent verbal and written communication abilities.

• Highly organized with a strong capacity to multitask.

• Keen attention to detail.

• Effective prioritization of daily workload.

• Ability to collaborate in a team-oriented environment.

• Strong work ethic, reliability, and dependability.

🏝️ Benefits

• Comprehensive health and wellness programs.

• Competitive salary and performance-based incentives.

• Opportunities for career advancement and professional growth.

• Employee discounts on banking products.

• Flexible work arrangements.