Mortgage Processor

• Maintain effective communication with all necessary parties involved in new loan applications, including customers, loan officers, realtors, settlement agents, municipalities, and co-workers.
• Obtain processing-related documentation and information from internal departments and external organizations, including employment verifications, IRS transcripts, title searches, appraisals, and bank statements.
• Notify necessary parties of irregularities relative to standard mortgage guidelines.
• Monitor, update, and analyze credit reports, appraisals, income documentation, and verifications for adherence to product, underwriting, and investor guidelines.
• Perform administrative duties supporting mortgage origination, including preparing commitment letters, reviewing title and homeowner’s insurance, mailing loan suspend notices, providing closing attorneys with documentation, and completing processing checklists.
• Scrutinize loan applications to assess qualification, restructure loans, or recommend solutions.
• Review and accept loan conditions based on underwriter requirements.
• Ensure adherence to regulatory requirements and guidelines.
• Evaluate borrower fee changes and recreate required regulatory documents.
• Work with internal and external customers, including co-workers, borrowers, and loan officers.
• Identify risk-related issues requiring escalation to management.
• Promote an environment supporting belonging and reflecting the M&T Bank brand.
• Complete other related duties as assigned.

Mortgage Processor III

• Maintain effective communication with all necessary parties involved in a new loan application, including customers, loan officers, realtors, settlement agents, municipalities, and co-workers.
• Obtain processing-related documentation and information needed to complete applications, including Verification of Employment, IRS Transcripts, title searches, appraisals, and bank statements.
• Notify necessary parties of irregularities relative to standard mortgage guidelines.
• Monitor, update, and analyze credit reports, appraisals, income documentation, and verifications for adherence to product, underwriting, and investor guidelines.
• Perform administrative duties supporting the origination department, including preparing and mailing commitment letters, reviewing title and homeowner’s insurance, mailing loan suspend notices, providing closing attorneys with documentation, and completing processing checklists.
• Scrutinize loan applications to assess qualification, restructure loans, and recommend solutions.
• Review and accept loan conditions based on underwriter requirements.
• Ensure adherence to regulatory requirements and guidelines.
• Evaluate borrower fee structure changes and recreate required regulatory documents.
• Work with internal and external customers, including co-workers, borrowers, and loan officers.
• Identify risk-related issues requiring escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Complete other related duties as assigned.