Mortgage Document Coordinator at Valley Bank

Wayne, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

22 Dec, 25

Salary

0.0

Posted On

23 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Multi-tasking, Attention To Detail, Independent Work, Team Collaboration, Verbal Communication, Written Communication, Analytical Skills, Mathematical Calculations, Microsoft Word, Microsoft Excel, Microsoft Access

Industry

Banking

Description

Responsibilities include but are not limited to: * Review new loans passed from the Mortgage Department's loan origination system to MISER for accuracy of information within prescribed timeframes after loan boarding. * Make changes to MISER as needed and as supported by the original loan documentation. Interacts with investors ensuring documentation is correct and complete. * Ensure proper follow-up and filing of original loan documents, Note, recorded Mortgage, Title Policy and Assignments, within the prescribed timeframes to complete the Collateral files. * Assist with the follow-up on corrective documentation sent to borrowers and/or settlement agents. * Receive, prepare and submit Post Funding Audit requests to Fannie and/or Freddie Mac and PMI companies within the prescribed timeframes. * Interview borrowers who are applying for a modification, assumption, re-amortization, or partial release of an existing first residential mortgage loan. * Review the submission package to ensure completeness, viability and compliance with established guidelines. Communicate with borrowers whose packages are incomplete and secure the missing documentation. * Prepare and submit packages to the Mortgage Servicing Manager for review and approval, denial or counter-offer. Preparation of documentation supporting management's decision. * Ensure finalized documentation is retained in loan files or delivered timely to Custodians for GSE's. * Assist with the preparation and submission of external home equity subordination requests. * Assist in the preparation of daily, weekly and monthly reports. Qualifications Required Skills: * High ability to multi-task and prioritize workflow and assignments. * High accuracy with attention to detail and meeting deadlines. * Ability to work independently and in a team environment. * Effective verbal and written communication skills. * Ability to comprehend, analyze and explain all aspects of a customer's request. * Ability to perform mathematical calculations and working accurately with numbers. * Knowledge of Microsoft Word, Excel and Access. Required Experience: * High School Diploma or GED and a minimum of three years' mortgage related experience.

Responsibilities

The Mortgage Document Coordinator is responsible for reviewing new loans for accuracy, making necessary changes in the MISER system, and ensuring proper follow-up and filing of original loan documents. Additionally, the role involves assisting with post-funding audits and preparing documentation for borrower modifications and home equity subordination requests.