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SalaryFLSA Status: Exempt
Reports to: Closing/Post Closing/Shipping Manager
Creation Date: 08/2023
Revision Date: N/A
Summary
The Mortgage Loan Shipper is responsible for the final delivery of a sold residential mortgage loan to an investor or GSE. Attention to detail is critical, as are strong communication and organizational skills. Solid mathematical and analytical skills are also necessary. A valid driver’s license is required. Must not appear on the Freddie Mac Exclusionary List or Excluded Parties List (EPLS), be subject to a Limited Denial of Participation (LCP) or otherwise restricted from participating in HUD programs.
Essential Job Responsibilities
Reports to: Closing/Post Closing/Shipping Manager
Creation Date: 08/2023
Revision Date: N/A
Summary
The Mortgage Loan Shipper is responsible for the final delivery of a sold residential mortgage loan to an investor or GSE. Attention to detail is critical, as are strong communication and organizational skills. Solid mathematical and analytical skills are also necessary. A valid driver’s license is required. Must not appear on the Freddie Mac Exclusionary List or Excluded Parties List (EPLS), be subject to a Limited Denial of Participation (LCP) or otherwise restricted from participating in HUD programs.
Essential Job Responsibilities
- Complete forms and checklists required by investors in a timely manner.
- Notify appropriate department or personnel of any file deficiencies and respond to missing documentation requests.
- Review loan documentation for accuracy, completeness, and compliance with banking regulations and investor guidelines.
- Compile, organize, ship and track investor requested loan documents.
Expectations
- Adheres to the Organizations’ Core Values of customer focused, integrity, excellence, accountability and inclusion.
- Complies with regulations and laws relating to the function of the position. Abides by current organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace. Cooperates with, participates in, and supports the company’s compliance with all regulatory requirements.
- Responds to inquiries relating to his/her particular area, or to the requests from customers, other company personnel, etc., within given timeframes and within established policy.
- Responsible for adherence to all internal policies, procedures and practices in support of program compliance, information security and overall safety and soundness in business practice.
- Coordinates specific work tasks with other personnel within the unit as well as with other units/departments to ensure the smooth and efficient flow of information.
- Other job-related duties as assigned or directed.
Occupational Qualifications
- Minimum high school diploma, college degree a plus.
- Requires a minimum of 2-3 years in the mortgage industry, specifically management or purchase of closed loan files or loan delivery.
- Familiarity with home loans and residential mortgages such as FHA, USDA, VA, and conventional loan guidelines.
- Knowledge of ULDD requirements.
- Candidates should be proficient in Microsoft Office and mortgage loan industry programs, NMLS knowledge a plus.
- Excellent verbal and written communication skills required.
- Exceptional organizational skills and a fine eye for details required.
Holland Mortgage Advisors promotes an equal employment opportunity workplace which includes reasonable accommodation of otherwise qualified disabled applicants and employees. Please see your manager if you have any questions about this policy or these job duties.
