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Mortgage Processor

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Job Summary
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Tata Consultancy Services
Milford, OH 45150
1+ to 2 Years
Education Level
High School or equivalent
Banking/Real Estate/Mortgage Professionals
Mortgage Processor
Management Consulting Services
Posted On
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Tata Consultancy Services About Company

Tata Consultancy Services is an , and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, , , , . TCS also provides products and product based offerings to it's customers. This is delivered through its unique ™, recognized as the benchmark of excellence in software development. TCS started it's journey in 1968 and is a pioneer in IT industry; an early adopter of leading industry models (ISO, CMMI, OSHAS etc.) across the organization and having certifications at enterprise level.

A part of the Tata group, India's largest industrial conglomerate, TCS has over 277,000 of the world's best-trained consultants in 44 countries, belonging to 118 nationalities. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at .

Job Description

Experience:1+ to 2 Years

Position Summary :

The primary objective of Mortgage Loan Processing is to manage pipeline of loans within required performance standards for welcome, approval and status calls. Responsible for entering loan information into the Client’s processing system (LPM). Upon order and receipt of documentation, review and approve per authority level. Submit loans to underwriting for conditional review and full approval. Hand-off to closer after performing pre-closing steps.

Key Activities:

* Perform credit and property analysis on conventional loan files submitted within the time frame established by departmental management.

* Adequately and effectively explain in written and verbal form the decision reached in a manner that will maintain a positive relationship with all customers.

* Perform timely reviews of conditions submitted, as well as loan resubmissions.

* Handle high risk loans.  Analyze challenging loan packages to render sound credit solutions.

* Provide exemplary customer service to both internal staff and external customer by explaining credit decision and offering alternative options when needed. 

* Verify and examine information and accuracy of loan application and closing documents.

* Interview loan applicants in order to obtain personal and financial data, and to assist in completing applications.

* Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.

* Answer questions and advise customers regarding loans and transactions.

* Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.

* Record applications for loan and credit, loan information, and disbursements of funds, using computers.

* Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers.

* Present loan and repayment schedules to customers.

* Calculate, review, and correct errors on interest, principal, payment, and closing costs, using computers or calculators.


* Excellent customer service and communication skills.

* Ability to prioritize complex diversified responsibilities and multi task in a fast-paced environment.

* Organizational and time management skills to balance workload and meet deadlines.

* Must be willing to assist teammates and build strong relationship with sales partners to achieve closing goals.

* Candidate will be required to obtain first level credit signature authority (AUSI) within timeframe as defined by Client.

Education & Experience:

* High school diploma, Associates or Bachelor’s in Finance, Accounting, or Business Administration preferred

* Minimum 1-year mortgage experienced, preferably in loan origination

TCS is an equal opportunity employer and an at-will employer. Nothing in this posting should be construed as an offer or a guarantee of employment.

    Apply now
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