Bond Street Mortgage LLC · 4 hours ago
Mortgage Loan Processor
Paramus, NJ
Full-time
Hybrid
Senior Level
5+ years expBond Street Mortgage is a dynamic and client-focused mortgage company committed to making the homeownership journey smooth and rewarding. They are seeking an experienced Mortgage Loan Processor responsible for managing residential loan files from submission to closing, ensuring accuracy and compliance with regulatory guidelines.
BankingConsultingFinancial ServicesInsuranceLendingReal Estate
Responsibilities
Review all incoming loan applications for accuracy, completeness, and compliance with agency/investor guidelines
Accurately input and maintain borrower data and documentation in the Loan Origination System (LOS), preferably Encompass
Collect, organize, and verify necessary documentation including income statements, tax returns, pay stubs, asset documentation, credit reports, homeowner’s insurance, title, and appraisal
Identify and resolve documentation discrepancies or missing information in a timely manner
Serve as the primary point of contact for borrowers once the file is submitted, providing regular updates and maintaining professional, clear communication
Collaborate with loan officers, underwriters, title agents, attorneys, and third-party vendors to ensure all documentation is in place for underwriting approval and closing
Submit complete and accurate loan files to underwriting for initial and final review
Follow up on underwriting conditions promptly and ensure all issues are resolved in compliance with investor guidelines
Monitor pipeline to ensure loans progress within set timelines, identifying and resolving delays proactively
Maintain a detailed task log and update loan status regularly within the LOS
Ensure all processing activities meet internal company policies, investor guidelines (Fannie Mae, Freddie Mac, FHA, VA, etc.), and federal/state regulations (TRID, RESPA, ECOA, etc.)
Assist with pre-closing audits and respond to any post-closing inquiries as needed
Prepare final loan files for closing, ensuring all documents are accurate and complete
Coordinate with the closing department, title companies, and attorneys to schedule closings and ensure all parties are aligned
Qualification
Required
Minimum 5+ years of experience in residential mortgage loan processing
Deep understanding of conventional and government loan products (FHA, VA, USDA), investor guidelines, and DU/LP findings
Experience working with Encompass LOS is highly preferred
Familiarity with federal and state mortgage regulations
Ability to ensure files are compliant and audit-ready
Strong verbal and written communication skills with a customer-service mindset
Ability to handle sensitive borrower information with discretion and professionalism
High level of attention to detail and accuracy
Ability to manage multiple loans simultaneously in a fast-paced, deadline-driven environment
Proficient in Microsoft Office Suite, PDF editing software, and document management systems
Comfortable learning new technologies and systems as needed
Self-starter with the ability to work both independently and as part of a collaborative team
Positive attitude and commitment to delivering an excellent borrower experience
Preferred
Experience working with Encompass LOS is highly preferred
Company
Bond Street Mortgage LLC
We have built a strong reputation as an outstanding mortgage firm, serving the lending needs of real estate professionals, builders and individual home buyers.We’re a full service mortgage lender/broker with an experienced staff offering expertise in every area of the mortgage process…from purchase to refinance to construction lending.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
James M. Di Piazza
CEO
Company data provided by crunchbase