Mortgage Loan Processor III

Waterstone Mortgage Corporation

. Take ownership of complex residential loan files from contract through closing .

Posted 11/6/2026full-timeWoodbury • Minnesota • United StatesMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates extensive mortgage processing expertise, particularly in managing complex residential loan files and ensuring compliance with investor and regulatory guidelines. Proficient in utilizing Encompass for pipeline management and delivering exceptional borrower experiences across various loan programs.

Highest-signal resume keywords

Mortgage Processing ExperienceEncompass LOS ExperienceConventional, FHA, And VA LoansPipeline ManagementOrganizational Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Mortgage ProcessingFile ReviewIncome AnalysisAsset AnalysisDocumentation ValidationCondition ClearingLoan SubmissionCompliance ManagementPipeline ManagementAttention To Detail

Soft Skills

Proactive CommunicationProblem SolvingOrganizational Skills

Tools & Technologies

Encompass

Industry Keywords

Residential LoansInvestor GuidelinesRegulatory ComplianceLoan OriginationBorrower Experience

About the role

Key responsibilities & impact

Take ownership of complex residential loan files from contract through closing
Manage the full processing lifecycle in compliance with investor and regulatory guidelines
Partner with Loan Originators, Underwriters, and Closers
Review new files within 48 hours and validate disclosures and structure
Analyze income, assets, and documentation within 24 hours
Submit clean, complete files to underwriting
Clear conditions quickly and keep loans on track for contract and lock deadlines
Maintain an accurate pipeline in Encompass
Communicate proactively with Loan Originators and borrowers
Deliver an exceptional borrower experience across multiple loan programs and investors

Requirements

What you’ll need

5+ years of mortgage processing experience
2+ years of Encompass LOS experience
Experience with Conventional, FHA, and VA loans
Strong proficiency in Encompass
Ability to manage a pipeline with speed and accuracy
Strong organizational skills and attention to detail
Ability to anticipate and resolve issues proactively
Must not engage in loan origination during employment with WMC
Loan origination is defined as taking a residential mortgage loan application, offering or negotiating residential mortgage loan terms for compensation or gain, or advertising loan origination services

Benefits

Comp & perks

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
Employer-provided federal employment-rights notices and Know Your Rights information