Mortgage Loan Processor

The Aerotek Recruiting Team is working with a fortune 100 company in the Pensacola, FL area who are looking for Mortgage Loan Processors. This is a contract to hire position.

Basic Purpose: To process first mortgage loans in accordance with applicable federal/state laws. To provide information to members regarding mortgage requirements, products and related services.

Major Responsibilities:

• Processes mortgage loan applications according to established guidelines and requirements.
• Interviews and counsels members, face-to-face and over the telephone.
• Enters Conventional and Government Refinance and Purchase 1st mortgage applications into Application Processing System based on interview/counseling session(s) with members.
• Provides detailed information on available mortgage loan products, clarifies questions/concerns and resolves problems regarding processing loan.
• Communicates outstanding documentation requirements and sets appropriate deadlines for submission.
• Examines preliminary title work, status reports, hazard and flood insurance policies to determine if property condition/insurance is within acceptable levels.
• Relays loans status to member and other member approved parties, responds to inquiries and resolves any issues concerning the processing of the 1st mortgage application.
• Prepares loan disclosures required by Federal/state laws.
• Verifies "intent to proceed" by member prior to collecting required fees, requesting appraisal and ordering title work.
• Reviews received CR applications for accuracy and submits for decision via Automated Underwriting or Manual Underwriting depending on selected loan product.
• Identifies circumstances in which additional documentation may be required.
• Coordinates final loan application changes, revision and corrections with other mortgage staff, closing agents and settlement attorneys to ensure accurate and efficient processing of mortgage loans.
• Communicates with Loan Officer on applications status and updates Loan Officer on outstanding documentation issues.
• Maintains contact with Member, Realtor and/or seller on loan progress and responds accordingly.
• Prepares/submits final applications and credit packages for submission to the Underwriting staff, private mortgage insurance companies, Department of Veterans Affairs or Federal Housing Administration for approval.
• Coordinates schedule of settlement with member and selected settlement agent.
• Analyzes/evaluates title binder to determine status of title, title exceptions for acceptability; takes corrective action and obtains or orders additional documentation if required.
• Records, tracks and monitors documentation issues and productivity.
• Reviews approved mortgage loans for completeness, accuracy and any additional information required to close loan.
• Reviews HUD-1 with closer/loan officer/settlement agent/member to ensure accuracy.
• Ensures that loan processing and loans are in compliance with governing federal/state laws.

Qualified candidates should apply with an updated resume, including contact information.

About Aerotek:

Our people are everything. Since 1983, Aerotek has become a leader in recruiting and staffing services by building quality relationships that allow us to place quality people in quality jobs. With over 230 non-franchised offices, Aerotek serves 17,000 clients and 300,000 contract employees every year. To learn more, visit .

Aerotek is acting as an Employment Agency in relation to this vacancy.