Loan Processor
- Mphasis
- 2 - 5 years
- Chennai
- 5 months ago
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Job Description
Position Overview:
The Associate Docs to Stips Specialist is responsible for accurately associating borrower-provided documentation to the appropriate underwriting conditions (stips) within the loan origination system. This role requires attention to detail, familiarity with mortgage documentation, and the ability to work efficiently in a fast-paced, paperless environment. The ideal candidate will demonstrate strong organizational skills, effective communication, and a commitment to quality and compliance.
Essential Job Functions:
- Review and analyze borrower-provided documents for completeness and relevance.
- Accurately associate documents to the correct underwriting conditions (stips) in the system.
- Ensure all documentation meets investor and company guidelines.
- Update LOS screen, review risk messages for action, Clear data validators as risk message
reviews are completed, Run decision engine along with fee/pricing engine if applicable with
LOS updates.
- Review credit report for names and other information
- Communicate with internal teams to clarify documentation requirements.
- Maintain productivity and quality standards as defined by management.
- Identify and escalate discrepancies or missing documentation.
- Utilize checklists and system tools to verify documentation accuracy.
- Support underwriters and processors by ensuring timely and accurate document association.
- Maintain up-to-date knowledge of document types and underwriting requirements.
- Adhere to company policies, procedures, and compliance standards.
Requirements:
- 2 - 5 years of experience in mortgage processing or document review preferred.
- Familiarity with mortgage documentation and underwriting conditions.
- Ability to follow complex task process and complete notation and documentation
- Strong attention to detail and organizational skills.
- Excellent written and verbal communication skills.
- Ability to work independently and meet deadlines in a high-volume environment.
- Proficiency in Microsoft Office and loan origination systems.
- Commitment to maintaining confidentiality and data integrity.
- Availability to work U.S. business hours.
Notice Period: 0 to 30 days max
Mode of work: Work from Office
Job Classification
Industry: BPM / BPOFunctional Area / Department: Customer Success, Service & OperationsRole Category: Customer Success, Service & Operations - OtherRole: Customer Success, Service & Operations - OtherEmployement Type: Full timeContact Details:
Company: MphasisLocation(s): Chennai
Keyskills: US Mortgage Loan Processing Document Review Document Verification Loan Operations
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