Job details
Salary $60,000 a year
Job Type Full-time
Number of hires for this role 1
Qualifications
- Associate (Required)
- Loan processing: 4 years (Preferred)
- US work authorization (Preferred)
Full Job Description
Mortgage Processor
Company
Toorak Capital Partners (“Toorak”) is an integrated correspondent lending platform that funds small balance business purpose residential, multifamily, and mixed-use loans throughout the U.S. and the United Kingdom. Headquartered in Summit, N.J., Toorak acquires and manages loans directly from private lenders that originate high credit quality loans. Toorak is a recognized leader in mortgage credit in the residential and commercial space, real estate lending, capital markets, securitization, asset-liability management, and asset management.
Toorak has been recognized by NJBIZ as the #1 fastest growing company for last two years; Toorak has earned the #3 spot for the Fastest Growing Company in NYC Metropolitan Area by Crain’s New York Business.
Job Description: Mortgage Processor
· Collect, package, review, and reconcile loan application documents
· Review loan application file to verify that application data is complete and meets established standards
· Answer questions regarding loans and transactions
· Run and/or review credit reports and call/write to employer to verify accuracy of information
· Record data on status of loans, including the number of new applications and loans approved, canceled, or denied
· Liaise with Underwriting and Closing to ensure end-to-end processing of the loan
· Order and perform the preliminary review of all third-party reports (appraisal, inspection and environmental)
· Maintain communication with external customers, internal departments, and third-party vendors to promote positive business relations and relate loan status
Qualifications/Job Requirements:
· Minimum 2-year degree
· Minimum 4 years of experience as a mortgage processor (commercial preferred)
· Knowledge of administrative and clerical procedures and systems, including managing files and records
· Ability to multi-task, prioritize and stay organized in a fast-paced environment
· Ability to work well in a high energy, deadline-driven environment
· Ability to be resourceful and find alternative solutions, conclusions or approaches to problems
· Exceptional interpersonal, written, and verbal communication skills
Job Type: Full-time
Pay: $60,000.00 per year
Schedule:
- 8 hour shift
Education:
- Associate (Required)
Experience:
- Loan processing: 4 years (Preferred)
Work Location: Multiple Locations
