Job Closed
This listing is no longer active.
Headquartered in Buffalo, New York, M&T Bank is a community-focused bank that provides banking, insurance, investment, and mortgage financial services to more t
Mortgage Processor IV
Location
Alabama
Posted
10 days ago
Salary
$22 - $37 / hour
Seniority
Senior
Job Description
Mortgage Processor IV
M&T Bank
• Reviews loan applications to assess qualification and restructures or recommends solutions • Responsible for clearing conditions on residential mortgage loan products • Maintain effective communication with all necessary parties • Work with various internal departments as well as external organizations • Immediately notifies all necessary parties of irregularities • Monitor, update and analyze credit reports, appraisals, income documentation • Support the origination department with administrative duties • Ensure adherence to all regulatory requirements and guidelines • Identify risk-related issues needing escalation to management • Promote an environment that supports belonging and reflects the M&T Bank brand
Job Requirements
- Associates Degree or 4 years equivalent work experience
- 4+ years prior mortgage processing or underwriting experience
- Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe
- Proficient with all Retail Requirements, including all state specifics
- Ability to make sound decisions based on information provided
- Knowledge of Product, Investor and Compliance Requirements
- Strong analytical/mathematical background
- Excellent verbal and written communication skills
- Highly organized with the ability to multitask
- Strong attention to detail
- Ability to work in a team environment
- Strong work ethic, reliable and dependable.
Benefits
- Health insurance
- Retirement plans
- Forty hours of paid volunteer time each year
Related Guides
Related Job Pages
More Mortgage Processor Jobs
Mortgage Processor/Closer II
PSECUWe are member-owned digital banking and we've been helping our members achieve more since 1934.
• Processes and closes 1st mortgage loans, and other moderately complex and niche loan types. • Analyze and interpret federal and state regulations, credit union policy, and secondary market guidelines for all real estate loans- conforming and non-conforming. • Assists with training of staff. • Supports the processing and closing units to ensure mortgage loans are processed in a timely and efficient manner. • Maintains mortgage pipelines and queues to ensure applications and assignments are being completed timely and accurately and informs supervisor of concerns. • Offers alternative and/or corrective options, when applicable, when loan documentation or terms of loan do not meet underwriting standards. • Provides detailed comments/rationale on loans to the various mortgage committees when necessary. • Performs in-depth review and analysis of appraisals, credit reports, title reports, insurance documentation, income documentation, tax return analysis, asset documentation, commitment letter conditions.
