Verification of Employment- VOE

Job Title :

Company Name:

About The Client:

About The Job:

We are seeking a detail-oriented and process-driven Mortgage Loan Processor to support the Income and Employment Verification (I&EV) function within the US Mortgage Loan Origination process. The candidate should have a strong understanding of US mortgage regulations and loan processing requirements, with specific expertise in verifying borrower income and employment documentation to ensure compliance with underwriting guidelines.

Essential Job Functions:

• Conduct thorough reviews of borrower-provided documents such as pay stubs, W-2s, tax returns, and employment letters
• Perform income and employment verifications via third-party tools (e.g., The Work Number) and direct contact with employers, if necessary
• Calculate qualifying income for different employment types: salaried, hourly, self-employed, commission-based, etc., in accordance with agency (Fannie Mae/Freddie Mac) or investor guidelines
• Accurately input and update borrower information in loan origination systems (LOS)
• Collaborate with underwriters, loan officers, and processors to resolve income-related issues and obtain additional documentation when required
• Ensure all verifications and documentation meet compliance, quality, and turnaround time standards
• Maintain an up-to-date understanding of mortgage industry regulations related to income and employment verification
• Participate in process improvement initiatives to enhance efficiency and accuracy in the I&EV workflow

Qualifications:

• Bachelors degree or equivalent work experience in the financial or mortgage services industry
• Minimum 2 years of experience in US Mortgage Origination, specifically in income and employment verification
• Strong understanding of investor guidelines (Fannie Mae, Freddie Mac, FHA, VA)
• Familiarity with loan origination systems (e.g., Encompass, Calyx Point, or similar)
• Proficient in reading and interpreting complex financial documents
• High attention to detail and accuracy
• Excellent communication and documentation skills
• Ability to work under pressure and meet tight deadlines

How to Apply:

Equal Opportunity Employer:

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