Overview
Mphasis Digital Risk is a one stop shop for Mortgage Solutions offering cutting-edge technology tailored to deliver high performance solutions for our clients. We enable enterprises to achieve speed, innovation and personalization in proactively addressing digital disruptive trends. Mphasis Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the largest banks and loan originators. Our unique Front2BackTM(F2B) transformation solutions address each phase of the mortgage life cycle with innovative proprietary technology platforms that can be integrated at any stage - from point-of-sale to closing, and again during due diligence and the secondary market. Business-driven KPI’s, high customer-centricity, efficient automation and extensive connectivity transform businesses to achieve winning top and bottom-lines. Additionally, our expertise in analog to digital, effectively balances the power sharing between business and IT to minimally disrupt existing systems and infrastructure. With a personalized approach powered by digital mortgage solutions, configurable technology and business operations, we deliver transformational improvements to quality, cost, and service. This enables us to help our clients stay ahead in this dynamic industry. Position Overview
The Home Equity Loan Processor will be responsible for performing a variety of loan documentation duties on complex loan packages and ensure compliance with policies and procedures for loan products. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills. Essential Job Functions
Manage an assigned pipeline of 31 plus loans on a daily and weekly basis Reviews loans in process daily and determines what is needed to process loans quickly Verifies W2 Income approval conditions and clears routine title Review loans to ensure loan/property meets investor guidelines Main point of Customer Contact to gather supporting documentation to prepare the loan for Underwriting Provides follow-up on a consistent basis with customers during the loan processing period Analyzes loan files and submits completed loan packages for approval to underwriting Responds to inquiries from customers, advisors and vendor partners regarding status of loans in process Maintains status of all files in process and updates as needed; keeps abreast of Investor guidelines and changes that may affect loan status Ensures regulatory compliance Maintain daily workflow prioritization to ensure pipeline management meets required closing dates Order all required verifications, documentation and subsequent follow-ups and ensures all timeframes and compliance requirements are being met Provide excellent customer service to internal and external clients by demonstrating expertise, thoroughness, thoughtfulness, politeness and enthusiasm Ensure customer service surveys maintain the rating level designated by management Communicate with all parties involved in the transaction to keep them informed of file status Review and analyze all necessary documentation, including borrower docs and third-party docs Interpret policies while analyzing applicant information, property and documentation · Regular attendance and punctuality Requirements
4+ years of current Loan Processing experience dealing with high volume Thorough working knowledge of real estate documentation, policies, compliance and procedures Proficient in mortgage loan processing Excellent customer service and communication skills Excellent written and oral communication skills Strong organizational, problem-solving and analytical skills Able to prioritize multiple competing tasks and manage time effective in a fast paced environment Acute attention to detail Proficient on computer programs required for position Qualifications (Continued)
The Home Equity Loan Processor will be responsible for performing a variety of loan documentation duties on complex loan packages and ensure compliance with policies and procedures for loan products. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills. Essential Job Functions: Manage an assigned pipeline of 31 plus loans on a daily and weekly basis Reviews loans in process daily and determines what is needed to process loans quickly Verifies W2 Income approval conditions and clears routine title Review loans to ensure loan/property meets investor guidelines Main point of Customer Contact to gather supporting documentation to prepare the loan for Underwriting Provides follow-up on a consistent basis with customers during the loan processing period Analyzes loan files and submits completed loan packages for approval to underwriting Responds to inquiries from customers, advisors and vendor partners regarding status of loans in process Maintains status of all files in process and updates as needed; keeps abreast of Investor guidelines and changes that may affect loan status Ensures regulatory compliance Maintain daily workflow prioritization to ensure pipeline management meets required closing dates Order all required verifications, documentation and subsequent follow-ups and ensures all timeframes and compliance requirements are being met Provide excellent customer service to internal and external clients by demonstrating expertise, thoroughness, thoughtfulness, politeness and enthusiasm Ensure customer service surveys maintain the rating level designated by management Communicate with all parties involved in the transaction to keep them informed of file status Review and analyze all necessary documentation, including borrower docs and third-party docs Interpret policies while analyzing applicant information, property and documentation · Regular attendance and punctuality Benefits
Job Type: Full-time 401(k) Health insurance Life insurance Paid time off Vision insurance Application Question(s)
Please confirm your contact information. Phone number and email address. Education
High school or equivalent (Required) Experience
Mortgage Loan processing: 3 years (Required)
#J-18808-Ljbffr
Mphasis Digital Risk is a one stop shop for Mortgage Solutions offering cutting-edge technology tailored to deliver high performance solutions for our clients. We enable enterprises to achieve speed, innovation and personalization in proactively addressing digital disruptive trends. Mphasis Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the largest banks and loan originators. Our unique Front2BackTM(F2B) transformation solutions address each phase of the mortgage life cycle with innovative proprietary technology platforms that can be integrated at any stage - from point-of-sale to closing, and again during due diligence and the secondary market. Business-driven KPI’s, high customer-centricity, efficient automation and extensive connectivity transform businesses to achieve winning top and bottom-lines. Additionally, our expertise in analog to digital, effectively balances the power sharing between business and IT to minimally disrupt existing systems and infrastructure. With a personalized approach powered by digital mortgage solutions, configurable technology and business operations, we deliver transformational improvements to quality, cost, and service. This enables us to help our clients stay ahead in this dynamic industry. Position Overview
The Home Equity Loan Processor will be responsible for performing a variety of loan documentation duties on complex loan packages and ensure compliance with policies and procedures for loan products. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills. Essential Job Functions
Manage an assigned pipeline of 31 plus loans on a daily and weekly basis Reviews loans in process daily and determines what is needed to process loans quickly Verifies W2 Income approval conditions and clears routine title Review loans to ensure loan/property meets investor guidelines Main point of Customer Contact to gather supporting documentation to prepare the loan for Underwriting Provides follow-up on a consistent basis with customers during the loan processing period Analyzes loan files and submits completed loan packages for approval to underwriting Responds to inquiries from customers, advisors and vendor partners regarding status of loans in process Maintains status of all files in process and updates as needed; keeps abreast of Investor guidelines and changes that may affect loan status Ensures regulatory compliance Maintain daily workflow prioritization to ensure pipeline management meets required closing dates Order all required verifications, documentation and subsequent follow-ups and ensures all timeframes and compliance requirements are being met Provide excellent customer service to internal and external clients by demonstrating expertise, thoroughness, thoughtfulness, politeness and enthusiasm Ensure customer service surveys maintain the rating level designated by management Communicate with all parties involved in the transaction to keep them informed of file status Review and analyze all necessary documentation, including borrower docs and third-party docs Interpret policies while analyzing applicant information, property and documentation · Regular attendance and punctuality Requirements
4+ years of current Loan Processing experience dealing with high volume Thorough working knowledge of real estate documentation, policies, compliance and procedures Proficient in mortgage loan processing Excellent customer service and communication skills Excellent written and oral communication skills Strong organizational, problem-solving and analytical skills Able to prioritize multiple competing tasks and manage time effective in a fast paced environment Acute attention to detail Proficient on computer programs required for position Qualifications (Continued)
The Home Equity Loan Processor will be responsible for performing a variety of loan documentation duties on complex loan packages and ensure compliance with policies and procedures for loan products. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills. Essential Job Functions: Manage an assigned pipeline of 31 plus loans on a daily and weekly basis Reviews loans in process daily and determines what is needed to process loans quickly Verifies W2 Income approval conditions and clears routine title Review loans to ensure loan/property meets investor guidelines Main point of Customer Contact to gather supporting documentation to prepare the loan for Underwriting Provides follow-up on a consistent basis with customers during the loan processing period Analyzes loan files and submits completed loan packages for approval to underwriting Responds to inquiries from customers, advisors and vendor partners regarding status of loans in process Maintains status of all files in process and updates as needed; keeps abreast of Investor guidelines and changes that may affect loan status Ensures regulatory compliance Maintain daily workflow prioritization to ensure pipeline management meets required closing dates Order all required verifications, documentation and subsequent follow-ups and ensures all timeframes and compliance requirements are being met Provide excellent customer service to internal and external clients by demonstrating expertise, thoroughness, thoughtfulness, politeness and enthusiasm Ensure customer service surveys maintain the rating level designated by management Communicate with all parties involved in the transaction to keep them informed of file status Review and analyze all necessary documentation, including borrower docs and third-party docs Interpret policies while analyzing applicant information, property and documentation · Regular attendance and punctuality Benefits
Job Type: Full-time 401(k) Health insurance Life insurance Paid time off Vision insurance Application Question(s)
Please confirm your contact information. Phone number and email address. Education
High school or equivalent (Required) Experience
Mortgage Loan processing: 3 years (Required)
#J-18808-Ljbffr