Mortgage Loan Processor istant
2 weeks ago
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
Comunication skills,Finance,Sales
Employment Type : Full Time
Department / Functional Area: Finance,Treasury
Experience: years
Vacancy: 1
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