Job Overview We are seeking a highly motivated and detail-oriented Senior Loan Processor to join our dynamic financial services team. In this pivotal role, you will oversee the end-to-end processing of mortgage and loan applications, ensuring compliance with all federal, state, and industry regulations. Your expertise will facilitate smooth loan origination workflows, support loan officers, and deliver exceptional customer service to clients. The ideal candidate is passionate about lending, possesses strong analytical skills, and thrives in a fast-paced environment dedicated to accuracy and compliance. Duties Review and verify all loan documentation to ensure completeness and accuracy in accordance with FNMA (Fannie Mae), FHA (Federal Housing Administration), VA (Veterans Affairs), and conventional mortgage guidelines. Coordinate with loan officers, underwriters, and clients to gather necessary information for loan approval processes. Ensure adherence to TRID (TILA-RESPA Integrated Disclosure) regulations by preparing accurate disclosures and closing documents. Conduct credit analysis by evaluating borrower financials, credit reports, and supporting documentation to determine loan eligibility. Manage loan origination workflows using Encompass or similar mortgage servicing software to streamline processing tasks. Maintain compliance with all lending regulations including TILA (Truth in Lending Act), Fair Housing laws, and banking regulatory standards. Communicate effectively with clients through internal channels to provide updates, clarify documentation requirements, and enhance customer experience. Prepare detailed loan files for underwriting review, ensuring all necessary documentation is complete and compliant. Collaborate with internal teams to resolve any issues related to loan documentation or compliance promptly. Stay current on industry knowledge of financial regulations and best practices in mortgage servicing and processing. Skills Extensive knowledge of FNMA guidelines, FHA loans, VA loans, and conventional mortgage lending processes. Proven experience in loan origination, processing, underwriting, or mortgage servicing within the financial services industry. Strong understanding of compliance with loan regulations including TRID, TILA, Fair Housing regulations, and banking standards. Proficiency in mortgage software such as Encompass or equivalent platforms for loan processing workflows. Excellent credit analysis skills combined with the ability to interpret complex financial data accurately. Familiarity with Microsoft Office Suite including Word, Excel (including 10-key typing), and Outlook for internal communication and documentation management. Ability to perform basic math calculations quickly and accurately for credit assessments and financial analysis. Strong organizational skills with attention to detail to ensure all loan documentation meets regulatory standards. Effective internal communication skills for collaborating across teams and providing exceptional client service. Bilingual Spanish Speaking Join us as a Senior Loan Processor if you're eager to make a meaningful impact in the mortgage industry by ensuring seamless processing workflows while maintaining strict compliance standards!

Pay:

$76,148.92 - $81,054.11 per year

Benefits:

Dental insurance Health insurance Paid time off Vision insurance

Experience:

Loan processing: 2 years (Required)

Language:

English/Spanish (Required) Ability to

Commute:

Garden City, NY 11530 (Required)

Work Location:

In person