Job Summary :
Responsible to organize, analyze and review all files for mortgage loans applications. Responsible to verify that all required documents are included on customer’s file and fulfill with loan requirements in order to support the underwriter for evaluation process.
Keeps customer informed / updated on loan application status.
Essential Responsibilities :
negotiate terms / conditions of approvals.
Criteria / Independence Judgment :
Follows rules, methods, policies established and background of experience and knowledge.
Supervisory Responsibilities : None.
Impact of Errors :
Process delay or mis-judgment could cause economic impact adverse to our Institution, as be charged by regulatory agencies or a legal suit.
Competencies : (behavior, equipment use, etc.) :
Knowledge / experience on requirements and documents needed for the following loans : Mortgage FHA, VA Conventional / Conforming, Conventional Non-Conforming.
Analytic skills is a must.
Experience / knowledge on general office work.
Communications and interpersonal relations
Strong skills on verbal / written communications.
Expertise on Microsoft Office, Internet, Mortgage System.
Interpersonal Communication :
Continuous interaction / communication with customers, internal units within the Institution in order to complete necessary information / documents needed on evaluation / decision process for loan application.
Physical / Mental Demands :
As a rule, regular working hours with a pleasant environment. As an exception overtime work is required to accomplish with units goals.
Visual accommodations are essentials.
Minimum Requirements :
Associate Degree. Courses / Training : Mortgage area and three (3) or more years of experience on Mortgage Loans Process (similar position preferable).
Available to work holidays, some Saturdays, overtime and flexible schedule. Full bilingual preferable.
Regulatory / Licensing Requirements :
Employee must comply with all requirements related to the CFPB’s Loan Originator Rule and the Secure and Fair Enforcement Mortgage Licensing Act of 2008 (SAFE Act) and its corresponding regulations, including, but not limited to, obtain and maintain an active record and a unique identifier within the Nationwide Mortgage Licensing System and Registry (NMLSR), continue to meet said record and associated minimum register standards, including any applicable continuing education courses set forth by the Safe Act.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job.
They are not indented to be an exhaustive list of all responsibilities, duties, skills required of personnel so classified.
The reporting relationship may not reflect the most recent changes to the corporate reporting structure.
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