Condo Processor

Title: Condo Processor

Location: Central Time Zone - Remote

 

remote type

Remote

locations

Central Time Zone - Remote

time type

Full time

Job Description:

Be part of a team that's committed to making a difference. We believe in our work and our customers.

 

 

Position Location

Remote Type

Remote

Office Location (if not fully remote):

n/a

 

Job Description

The Condo Processor plays a vital role in the loan approval pipeline by gathering and performing initial assessments of project documentation. You will ensure the Condo Department has all the necessary data to determine project warrantability while acting as a central communication hub between internal teams and external partners.

• Evaluate conforming, Jumbo, and NonQM loan files.

  Provide recommendations to the branch about a project's warrantability and, if not warrantable, to assist in determining any non-warrantable options that might be available.

• Review loan files to identify condominium properties requiring project approval or review.

• Communicate with HOAs, property management companies, title companies, and insurance agents to obtain required documents.

• Collect, analyze, and validate condo project documentation (e.g., HOA questionnaires, budgets, insurance, bylaws, and CCR's).

• Identify potential red flags (e.g., litigation, high investor concentration, inadequate reserves), and escalate as needed.

• Submit condo packages for internal condo approval.

• Track and manage a pipeline of condo approvals to ensure timely closing.

• Maintain accurate records and update the loan origination system with status notes and documentation.

• Provide status updates to loan processors, underwriters, loan officers, and closing teams.

• Ensure all deadlines and SLAs are met to avoid delays in closing.

 

What we are looking for:

• 3+ years of experience in a condo processing role.

• Demonstrated experience working with Encompass. 

• Demonstrated experience processing Conforming, Jumbo, and NonQM residential mortgage loans.

 

This is a nationwide opportunity.

Fairway Home Mortgage, founded in 1996, is a nationwide leader in the mortgage industry. Customer service is at the heart of everything we do. We deliver personalized loan solutions with some of the fastest turn times in the industry. Our mission is to act as trusted advisors, guiding clients through every step of the mortgage process to exceed expectations and ensure satisfaction.

 

Our culture promotes innovation, growth, and collaboration, offering exciting career paths and professional development. Whether you're starting out or advancing your career, Fairway is a place where your skills and ambitions can thrive.

 

Current Employees: Head to the Fairway Careers Hub in Workday for internal job openings.

 

We post some job openings internally for our employees and others externally for the general public. If you cannot find the perfect role right now, do not hesitate to contact the Careers Team at careers@fairwaymc.com. We can answer any questions and keep you updated on future opportunities.

 

View our E-Verify and Right to Work notices HERE.

 

Important Notice to Job Seekers! We’ve been made aware of fraudulent messages falsely claiming to be from Fairway recruiters, including links to assessments. These are not legitimate and are not affiliated with Fairway Independent Mortgage Corporation. We’re working with our Information Security team to address this issue. Thank you for your vigilance and continued interest in joining Fairway! All official communication will come from verified Fairway email addresses or our official LinkedIn page. If you receive a suspicious message, please do not click any links and notify us.