Mortgage Processor III

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

📋 Description

• Ensure effective communication with all relevant stakeholders involved in new loan applications, such as customers, loan officers, realtors, settlement agents, municipalities, and colleagues.

• Gather processing-related documentation and information from both internal departments and external organizations, including employment verifications, IRS transcripts, title searches, appraisals, and bank statements.

• Inform necessary parties about any discrepancies concerning standard mortgage guidelines.

• Monitor, update, and review credit reports, appraisals, income documentation, and verifications to ensure compliance with product, underwriting, and investor guidelines.

• Carry out administrative tasks to support mortgage origination, including drafting commitment letters, reviewing title and homeowner’s insurance, sending loan suspend notices, providing documentation to closing attorneys, and completing processing checklists.

• Analyze loan applications to evaluate qualification, restructure loans, or suggest solutions.

• Review and approve loan conditions in accordance with underwriter requirements.

• Ensure compliance with regulatory requirements and guidelines.

• Assess borrower fee changes and recreate necessary regulatory documents.

• Collaborate with both 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 belonging and reflects 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 previous mortgage processing or underwriting experience.

• Proficient PC skills with a strong command 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 fast-paced and ever-changing mortgage environment.

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

• Ability to work independently while managing time constraints.

• Excellent verbal and written communication skills.

• Highly organized with strong multitasking abilities.

• Exceptional attention to detail.

• Effective prioritization of daily workload.

• Ability to thrive in a team-oriented environment.

• Strong work ethic, reliable and dependable.

🏝️ Benefits

• Competitive salary and comprehensive benefits package.

• Opportunities for professional development and career advancement.

• Supportive work environment that values diversity and inclusion.