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Mortgage Processor II - 3DHRE in Ballston Lake, NY at M&T Bank

Date Posted: 4/3/2018

Job Snapshot

Job Description

Basic Function

Responsible for processing conventional and government loan requests based on product, underwriting, state specific and investor guidelines ensuring adherence to compliance regulations and to the requirements of federal registration under the SAFE Act.

Essential Position Responsibilities
Maintain effective communication with all necessary parties involved in a new loan application, from the customer, broker, correspondent, loan officer, and co-workers to ensure a seamless and positive application experience.
Work with various internal departments as well as external organizations to obtain processing related documentation or obtain necessary information needed to complete an application i.e.: Verification of Employment, IRS Transcripts, title search, appraisal, bank statements, etc.
Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
Monitor and update credit reports, appraisals, income documentation, and all verifications to ensure all underwriting conditions are met. Work closely with underwriting to quickly resolve any issues or concerns.
Perform other administrative duties supporting the origination department including, but not limited to: preparing and mailing commitment letters, title and homeowner’s insurance review, mailing loan suspend notices, updating loan conditions, providing the closing attorney with additional documentation, and all appropriate processing checklists.
Ensures adherence to all regulatory requirements and guidelines.
Strong analytical background to evaluate changes required to all regulatory documents.

Nature and Scope

Work closely with both Internal and External Customers such as co-workers, borrower(s) and Loan Officers.
Responsibility to establish and maintain federal registration requirements outlined in the SAFE Act.

Basic Qualifications
Associates Degree or two years equivalent work experience.
One to two years prior mortgage industry experience. –OR-
Six months specific M&T Bank mortgage processing experience plus an additional 6-12 months experience in customer service, operations, or the financial services industry.

Technical Skills
Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe.

Other Job Information
Ability to make sound decisions based on information provided.
Knowledge of Product, Investor and Compliance Requirements.
Versatility and flexibility working within an ever changing fast paced mortgage environment.
Adapting to new policies and procedures to improve processes and workflow.
Ability to function independently within time constraints.
Excellent verbal and written communication skills.
Highly organized with the ability to multitask.
Strong attention to detail.
Prioritization of daily workload.
Ability to work in a team environment.
Strong work ethic, reliable and dependable.
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.