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in Frederick, MD

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Verified Pay $60,000 per year
Hours Full-time, Part-time
Location Frederick, Maryland

About this job

Job Description

Job Description

This position allows for 2-3 days per week remote / work from home after training.

Salary: $60,000/year

We are hiring multiple Mortgage Loan Processors. We are looking for college graduates with a year or two of full time experience who are looking to make a career in the Mortgage Industry. We provide training and career growth with multiple career paths within our company!


  • Responsible for the timely setup of mortgage loan files by ordering key documents pre-processing.
  • Conduct initial Review of Loan within 24 hours of submission, with file submission to Underwriting within 5 days.
  • Maintain strong lines of communication with our borrowers and business partners through email and phone calls, including introductory email to borrower within 24 hours of file submission.
  • Request and collect needed documents from both borrowers and business partners, including but not limited to:
  • Title, Appraisal, Verification of Employment (current and previous), Updated hazard insurance, Flood certifications, etc.
  • Scrub Loan and compile list of missing documentation to satisfy minimum submission requirements.
  • Input of all necessary documentation into Encompass or appropriate systems after collection.
  • Effectively monitor and manage multiple loan files simultaneously throughout process.
  • Work with Processors to ensure completion of file before submission to Underwriting.


  • Bachelor's Degree required
  • Excellent time-management skills to balance multiple closings at a time.
  • Basic computer skills to manage communication with numerous parties.
  • Ability to assess and solve issues related to federal and state regulatory requirements based on research and knowledge of closing process.
  • Advanced math and calculation skills to confirm various pieces to loan documents.

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