Mortgage Loan Processor Assistant

2 months ago


Dubai, United Arab Emirates LHH Company Full time


Jobduties:

  • Process Assumption Applications:Receive assumption request applications, prepare preliminarypaperwork, and inspect file documents to ensurecompleteness.
  • Coordinate with Underwriting:Forward assumption applications to the Underwriting department forapproval.
  • Manage Deed Changes: Process theaddition and removal of borrowers from deeds when changes inownership occur. Ensure supporting documentation for deed transfersis received and complete.
  • PrepareCorrespondence: Use templates to prepare letters and othercorrespondence to request missing documents, confirm receipt ofinformation, or communicate withapplicants.
  • Handle Deed Transfers: Process deedtransfers, send notices to applicants regarding approval or denial,and update the Home Mortgage Disclosure Act (HMDA)Report.
  • Create Loan Assumption Agreements: Sendnew Loan Assumption Agreements for recording once an assumption isapproved.
  • Ensure Compliance: Follow proceduresto ensure compliance with internal business standards andapplicable federal, state, and local regulations, includingdisclosure requirements.
  • Provide AdministrativeSupport: Offer support during audits and assist department membersas needed.
  • Manage Communication Channels:Answer the Assumptions Department email inbox and phone line,providing prompt and accurateresponses.
  • Maintain Loan Files: Scan documentsinto the loan file using Blitz or similarsystems.
  • Perform Other Duties as Assigned: Takeon additional tasks and responsibilities as needed to support thedepartment.

Qualifications

  • 2+ years of industry experience inMortgage or Financial Services
  • Ability tometiculously review documents and ensure compliance with internaland external requirements.
  • Capable of managingmultiple tasks simultaneously and maintaining accuraterecords.
  • Strong written and verbalcommunication skills for interacting with applicants, internalteams, and regulatory agencies.
  • Familiaritywith federal, state, and local regulations related to mortgage andloan assumptions.
  • Proficiency in documentscanning and loan management software.

Compensation

  • $22.00-23.00/hour based onexperience
  • Contract position for 3+months

Schedule:

  • Monday-Friday; 8:00am-4:30pm or8:30am-5:00pm
  • Office is located in MissionValley


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