Location: Lansdale, PA
Pay: up to 52K + Bonuses + benefits.
Position Summary:
- Communicates with the customer (borrower), real estate agents and escrows at the start of the transaction
- Collects customer documentation necessary to complete the loan transaction, such as income documentation, asset statements and initial disclosures documents.
- Assists loan originators with preapprovals and loan structuring.
- Assists loan originators with loan pricing options/support and managing lock expiration dates.
- Updates all parties with status of loan transaction as necessary.
- Ordering of standard loan requirements and verifications such as, title, escrow, appraisal, verification of employments, verification of assets etc.
- Demonstrate proficient product knowledge of FHA, VA, Conventional and other loan programs such as Home Equity Lines of Credit, 2nd Mortgages,
- Ability to analyze tax returns and accurately calculate income for all types of borrowers.
- Ability to maintain a high level of professionalism, customer service, and communication with customer, processor and LO
- Proficient with Encompass
- Understanding of compliance regulations and investor guidelines.
- Has knowledge of commonly used terminology, concepts and practices and procedures within the mortgage industry.
- Ability to meet time deadlines while working under pressure.
- Ability to effectively handle simultaneous tasks and projects in a fast paced environment.
- Able to effectively and efficiently work independently or as a member of a team.
- Must be able to work a flexible schedule that may include some evening and weekend hours.
- Two or more years' recent mortgage operations, underwriting and/or processing experience.
- Current hands on Loan Officer Assistant, processing or underwriting experience.
- Knowledge of and experience working with FNMA, FHLMC, FHA, VA and other refinance and purchase loan programs and mortgage insurance guidelines.
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