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Remote Secured Mortgage Processing Jobs in Minnesota

$20.34 - $27.12/hr

... including the Mortgage Services, Commercial, Direct, and Agency divisions. Since 1889, First ... Processes departmental documents requiring specific knowledge of functional operations, type ...

New

$26.88 - $35.82/hr

... including the Mortgage Services, Commercial, Direct, and Agency divisions. Since 1889, First ... process. What You'll Bring * At least 3 years of directly related commercial title insurance ...

Construction Loan Administrator Sr

Minnetonka, MN ยท On-site +1

$21 - $37.50/hr

Will work directly with customers, third parties, Mortgage Loan Officers, Mortgage Loan Processors ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

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Remote Secured Mortgage Processing information

What are the key skills and qualifications needed to thrive as a Remote Secured Mortgage Processor, and why are they important?

To thrive as a Remote Secured Mortgage Processor, you need a strong understanding of mortgage regulations, loan documentation, and financial analysis, usually supported by experience in mortgage processing or a related certification. Familiarity with loan origination systems (LOS), document management software, and secure file-sharing platforms is typically required. Excellent attention to detail, organizational skills, and effective written communication are vital soft skills for remote collaboration and error-free processing. These skills ensure the accurate, timely, and compliant handling of sensitive financial transactions while maintaining trust and efficiency in a remote work environment.

What is the difference between Remote Secured Mortgage Processing vs Remote Mortgage Underwriting?

AspectRemote Secured Mortgage ProcessingRemote Mortgage Underwriting
Primary RolePreparing and verifying mortgage documents, gathering borrower informationAssessing loan risk, analyzing borrower data, and approving or denying mortgage applications
Required CredentialsBasic mortgage processing certifications, knowledge of loan documentationMortgage underwriting certifications, knowledge of lending guidelines
Work EnvironmentRemote, administrative setting within mortgage companies or banksRemote, analytical setting often within financial institutions or lenders

Remote Secured Mortgage Processing involves handling the administrative aspects of mortgage applications, while Remote Mortgage Underwriting focuses on evaluating and approving those applications. Both roles require specific certifications and are integral to the mortgage lending process, but they differ in responsibilities and focus areas.

What are some common challenges faced in remote secured mortgage processing and how can they be addressed?

In remote secured mortgage processing, professionals often encounter challenges such as maintaining effective communication with clients and team members, ensuring data security, and managing complex documentation workflows digitally. To address these, it's important to leverage secure digital platforms for document exchange, maintain organized tracking systems, and schedule regular virtual meetings to align with underwriters, loan officers, and clients. Additionally, staying updated on compliance requirements and using encrypted communication tools can help maintain data integrity and streamline processes.

What is remote secured mortgage processing?

Remote secured mortgage processing refers to the handling and management of mortgage loan applications and related documents from a location outside a traditional office, often from home. Professionals in this role use secure digital platforms to process, verify, and approve mortgage applications while ensuring compliance with privacy and security regulations. This setup allows for efficient workflow and collaboration with lenders, underwriters, and clients without the need for in-person interactions. Security measures such as encrypted communications and secure document storage are critical in this remote environment. As a result, borrowers can complete the entire mortgage process online, making it more convenient and accessible.
What are popular job titles related to Remote Secured Mortgage Processing jobs in Minnesota? For Remote Secured Mortgage Processing jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Remote Secured Mortgage Processing jobs in Minnesota look for? The top searched job categories for Remote Secured Mortgage Processing jobs in Minnesota are:
What cities in Minnesota are hiring for Remote Secured Mortgage Processing jobs? Cities in Minnesota with the most Remote Secured Mortgage Processing job openings:
Loan (Jumbo/Non-QM) Processor - Remote - Central Time Zone Business Hours

Loan (Jumbo/Non-QM) Processor - Remote - Central Time Zone Business Hours

Prosperity Home Mortgage

Minneapolis, MN โ€ข Remote

$19.50 - $26/hr

Full-time

Posted 19 days ago


Job description

Job Summary:

Under the general supervision of the Processing Manager, the Processor works to ensure the integrity of the customer experience and loan processing protocols. He/she performs duties related to processing mortgage loan applications and mortgage loan documentation, with an intense focus on the customer experience. The roleโ€™s primary duties are centered around communicating with all stakeholders, gathering documentation from third parties and customers, placing/reviewing documentation, and performing data entry.

Essential Responsibilities:

  • Maintain knowledge of all current conventional, processing procedures issued by the company, investors, and government agencies.
  • Process a pipeline of 45+ active loans
  • Participate in pipeline calls with mortgage consultants and leaders.
  • Ensure all critical dates within pipeline are met, including but not limited to closing dates, contingency dates, and lock expiration dates.
  • Meet all company Service Level Agreements (SLAs) regarding file reviews, communication, and document gathering/follow-up.
  • Communicate with customers, mortgage consultants, real estate agents, operations employees, title/escrow companies, and insurance agents to provide obtain information.
  • Follow company prescribed approach when communicating with customers.
  • Order credit-related documents such as credit reports, credit supplements, and non-traditional credit documentation.
  • Order/obtain property related documents such as the real estate sales contract, appraisal, and solar documentation.
  • Review documents for completeness and request additional information as required.
  • Acceptably prepare applications for submission to underwriting.
  • Obtain third party verifications, such as verifications of employment or rental history.
  • Obtain required title and hazard insurances and perform related data entry.
  • Obtain fraud reports, and other third-party items.
  • Ensure compliance with investor/legal guidelines and directives.

Additional Responsibilities:

Other duties as assigned.

Qualifications:

  • 1+ years residential mortgage processing experience
  • Experience with Jumbo and Non-QM required
  • Experience processing a variety of NON-QM loans including bank statement, asset qualifier, P&L and DSCR loans required
  • Strong customer service skills required
  • High school diploma or equivalent
  • College degree preferred
  • Experience using Encompass preferred
  • Must possess strong mathematical and judgment skills
  • Must be detail-oriented, organized, and able to meet deadlines
  • Must comply with industry-related regulations, requirements, and state/federal laws
  • Ability to work independently to meet production and quality goals
  • Proficient with Microsoft Office suite

Work Environment

  • Extensive telephone usage.
  • Extensive oral and written communication required.
  • Regular use of computer mouse requires repetitive hand and wrist motion.
  • Essential functions must be performed during regularly scheduled business hours.

Note:ย  We are a dynamic organization in a rapidly changing industry. Accordingly, the responsibilities associated with this job will change from time to time in accordance with the Companyโ€™s business needs. More specifically, the incumbent may be required to perform additional and/or different responsibilities from those set forth above.

Prosperity Home Mortgage, LLC is an Equal Opportunity Employer and is committed to Diversity, Equity, and Inclusion in the workplace.ย  We prohibit discrimination and harassment of any type based on race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.