Mortgage Loan Processor

Job Description

Job Description

Senior Residential Mortgage Loan Processor

About Us

We are a boutique mortgage brokerage based in New Jersey, serving clients throughout the NJ / NY / CT tri-state area. Unlike large call-center lenders, we operate with a relationship-first, referral-driven model focused on Realtors, attorneys, and repeat clients. Our team values precision, communication, and smooth closings — especially in the fast-moving and nuanced tri-state market.

We’re seeking a Senior Residential Mortgage Loan Processor who understands the complexity of New Jersey and New York transactions and thrives in a collaborative, team-oriented environment.

The Opportunity

You will manage a carefully balanced pipeline of loans, ensuring each file is structured properly, submitted cleanly, and closed on time. You will work directly with experienced loan officers, local Realtors, title companies, and attorneys to guide files from application through clear-to-close.

Key Responsibilities

• Manage a residential pipeline across NJ, NY, and CT
• Review and analyze income (including self-employed and complex borrowers), assets, credit, and collateral documentation
• Structure loans according to investor and wholesale lender guidelines
• Submit clean, complete files to underwriting
• Clear conditions efficiently and communicate proactively with all parties
• Coordinate with title companies and attorneys (NY/NJ closing processes experience strongly preferred)
• Ensure compliance with TRID and state-specific regulatory requirements
• Maintain accurate updates in the Loan Origination System (Encompass or similar)
• Deliver an exceptional borrower experience from contract to close

Qualifications

• 5+ years of residential mortgage processing experience
• Experience in a mortgage broker or non-delegated lender environment
• Strong knowledge of Conventional, FHA, VA, USDA, and Non-QM products
• Familiarity with NJ and NY closing processes (attorney states)
• Experience working with multiple wholesale lenders
• Strong income calculation skills (self-employed, commission, bonus, multi-property borrowers)
• Highly organized with strong follow-up and communication skills

What Makes This Role Different

• Smaller, tight-knit team with direct access to leadership
• Relationship-driven business model (not call-center volume)
• Balanced pipeline with emphasis on quality over quantity
• High standards for clean submissions and smooth closings
• Opportunity to grow with an expanding boutique brokerage

Compensation

• Competitive base salary (based on experience)
• Performance incentives
• PTO and paid holidays
• Growth opportunities within a growing NJ-based firm

Why Join Us?

If you take pride in clean files, proactive communication, and smooth closings — and prefer working in a collaborative boutique environment rather than a high-volume lender — this is an opportunity to make a meaningful impact within a respected tri-state mortgage team.