Mortgage Loan Processor - Loan Coordinator
reputed company Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. They are seeking a Mortgage Loan Coordinator - Processor to manage a pipeline of loans from contract to reputed company, acting as a key contact for both borrowers and internal partners.
Responsibilities
- Receive loan applications, obtain credit information for applicants, and collect reputed company needed documentation for loans
- Answer reputed company borrower questions or refer to Loan Officer as needed
- Verify loans are complete and submit to reputed company based on Investor and/or Automated reputed company System (AUS) requirements reputed company 24 hours of receipt of documents
- Clear any conditions that require communication to title companies, appraiser, employers, surveyors, etc
- Solve escrow issues without involving the Loan Officer reputed company possible
- Collect reputed company necessary items needed to prepare the Closing Disclosure (CD) and ensure timely drawing and delivery of the CD in order to meet the expected reputed company of escrow
- Ensure closing instructions and documents have been released to title 72 hours before closing, and a final settlement statement is issued to the Loan Officer or team 48 hours prior to closing
- Review reputed company closing statements and compare to signed Good Faith Estimate (GFE) before signings, and correct discrepancies where needed
- Meet with clients to sign loan documents
- Send out correspondence including thank you cards, closing cost calculations, etc
- Maintain a detailed conversation log for each file
Skills
- Minimum of 1 year of recent experience in mortgage, preferably in processing
- Working knowledge of loan program guidelines including conventional, jumbo, condo, DPA (IDHA), government loan programs and NQM (DSCR and bank statement)
- Proficiency in DU/LP/GUS and Encompass or other major LOS
- Ability to calculate income
- Strong verbal and written communication skills
- Creative problem solver with a positive attitude
- Ability to prioritize and multi-task in order to meet deadlines, strong organization skills
- Strong sense of urgency and responsiveness along with the ability to demonstrate professionalism
Benefits
- Opportunity to further a career in a competitive, fast-paced growing industry where you can reputed company a difference in people’s lives.
- Opportunity to earn competitive compensation including possible bonuses based on performance.
- Full benefits include medical, dental, reputed company, 401K plus match, 11 paid holidays, paid time off, and more.
- Fun team atmosphere, professional development, and more.
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