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Senior Loan Processor

Kwik Mortgage Corporation
Posted 5 months ago, valid for 18 days
Location

Parsippany-Troy Hills, NJ, US

Salary

$55,000 - $60,000 per year

Contract type

Full Time

Health Insurance
Retirement Plan
Paid Time Off
Employee Assistance
Flexible Spending Account

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Sonic Summary

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  • Kwik Mortgage Corporation is seeking a Senior Loan Processor with at least 4 years of residential mortgage loan processing experience to join their team in Parsippany, NJ.
  • The position offers a competitive salary ranging from $55,000 to $60,000 per year, depending on experience, along with performance bonuses and a comprehensive benefits package.
  • Key responsibilities include reviewing loan approval conditions, analyzing credit reports, and ensuring compliance throughout the loan processing pipeline.
  • Candidates should possess strong knowledge of Conventional and FHA loan products, exceptional organizational skills, and proficiency in mortgage software systems, with Encompass experience preferred.
  • This full-time, in-office role emphasizes operational efficiency and provides opportunities for career growth toward Underwriting.
Benefits:
  • 401(k)
  • Competitive salary
  • Dental insurance
  • Health insurance
  • Vision insurance
About Kwik Mortgage

Kwik Mortgage Corporation is a fast-growing New Jersey–based mortgage lender that has been serving homeowners since 1998. We are committed to transforming the mortgage experience by combining over two decades of lending expertise with an innovative digital platform. Our approach delivers both operational efficiency and the personalized service our clients value most.

At Kwik Mortgage, we believe our people are the foundation of our success. We are seeking an ambitious Senior Loan Processor who is eager to advance their career and grow toward Conventional and FHA Underwriting.

Position Overview

The Senior Loan Processor plays a critical role in ensuring loan files are complete, accurate, and processed efficiently from submission to closing. In this role, you will work closely with Loan Officers, Underwriters, and the operations team to maintain compliance, meet closing deadlines, and provide an outstanding borrower experience.

Key Responsibilities

  • Review loan approval conditions and ensure timely clearance of all items.
  • Analyze credit reports and request mortgage credit supplements when necessary.
  • Order and review Verifications of Employment (VOEs).
  • Review personal and business tax returns for accuracy and completeness.
  • Run loan files through DU and LP and update findings in Encompass.
  • Order and upload required documentation including 4506 transcripts, SSA verifications, flood certifications, and other compliance items.
  • Verify address accuracy through USPS and update Encompass records accordingly.
  • Complete and upload LDP/GSA checks, Geo Codes, and other regulatory documentation.
  • Monitor pipeline to ensure all files remain on schedule for closing.
  • Support the processing team with overflow tasks as needed.
  • Perform additional duties as required to support operational efficiency and team success.
Qualifications

  • 4+ years of residential mortgage loan processing experience required
  • Strong knowledge of Conventional and FHA loan products
  • Exceptional organizational and multitasking skills
  • Strong attention to detail and accuracy
  • Ability to manage multiple loan files simultaneously while meeting deadlines
  • Excellent communication and customer service skills
  • Proficiency with Microsoft Office and mortgage software systems
  • Experience with Encompass preferred
Compensation & Benefits

Salary: $55,000 – $60,000 per year (based on experience)

Performance Bonuses
  • Monthly performance bonuses tied to pipeline management and file quality
  • Quarterly team/branch performance bonuses
Benefits Package Includes
  • Health, Dental, and Vision Insurance
  • Paid Time Off (Vacation, Sick Days, and Holidays)
  • 401(k) Retirement Plan with Company Match
  • Flexible Spending Account (FSA)
  • Employee Assistance Program (EAP)
  • Ongoing training and a clear career growth path toward Underwriting
Schedule
  • Full-Time | In-Office
  • Parsippany, NJ
  • Standard 8-hour workday with flexibility based on workload
Job Type: Full-time
Work Location: In person



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