Mortgage Loan Originator Assistant

Responsibilities

• Prepares and distributes required disclosures for mortgage loans.
• Works with borrowers to obtain required documents, answer questions, and perform other administrative tasks related to the mortgage loan process.
• Ensures accuracy of information in the loan pipeline and updates as necessary.
• Requests verifications of employment, mortgages, deposits, and other documentation required by loan guidelines.
• Enters required information from denied loans in system; prepares denial letters to notify customer of adverse action.
• Conducts research necessary to complete any missing fields on initial loan application.
• Completes Home Mortgage Disclosure Act (HMDA) worksheets and verifies the accuracy of the information.
• Coordinates loan closings with borrower(s) and title company.
• Completes post-closing review of loan documentation to ensure all required signatures are present.
• Scans closing documents into Blitz Docs following loan closing.
• Conducts shipping functions including verifying that the loan is balanced in the system and all items are properly labeled, verifying that the necessary documentation is loaded into Blitz Docs.
• Performs post-closing compliance review of loan file.
• Reviews Fannie Mae quality control files and correspond as necessary.
• Reviews Central Mortgage Company quality control files and type responses and correct items as necessary.
• Helps facilitate Mortgage Lending audits.
• Ensures that loan is moving through processing and underwriting and that it is on track to meet closing date.
• Serves as local contact with holding company’s fulfillment center to answer questions related to processing and underwriting.
• Performs other administrative tasks as assigned.

• High school diploma or equivalent
• At least one year of experience with satisfactory balancing and accuracy record
• Previous Mortgage Experience Preferred
• Previous administrative experience preferred
• Knowledge of bank accounts and services, policies and procedures, and regulations preferred
• Experience With Banking Software Preferred
• Computer and Equipment Skills Ability to accurately and efficiently operate office equipment including computers, calculators/adding machines, telephones, voice mail, electronic typewriters, copy machines, fax machines, automatic currency counter, coin machine, check encoder, remote capture machine, and security devices.
• Knowledge of spreadsheet and word processing software
• Communication Skills Ability to read, write, and speak English; read and comprehend instructions, correspondence, and memos; compose correspondence; effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization
• Mathematical Skills Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals; compute rate, ratio, and percent
• Reasoning Ability Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form; deal with problems involving several concrete variables in standardized situations