Loan Officer Assistant

Position Summary

The Loan Officer Assistant plays an important role in the organization by performing, under direct supervision, several activities related to assisting originators build complete loan files for submission. This role may perform the Lead to Contract and/or Contract to Close duties.

Essential Functions

• Lead to Contract duties:

  • Acting as a primary point of contact for the customer contact for licensed activity, for the loan officer.
  • Aid originator in appointment setting with prospective and new applicants.
  • Provide new lead call backs within 20 minutes and maintain a 35% conversion rate from lead to appointment.
  • Set and confirm appointments for originator and manage calendar.
  • Provide administrative support managing various client databases (lead tracker, MyCircle, Zillow, etc.).
  • Send new clients online pre-qualification link on behalf of originator.
  • Aid the originator with obtaining an accurate and thorough 1003.
  • Analyze customer’s credit and financial scenario and determine appropriate loan product(s).
  • Run credit on loans assigned to an originator.
  • Run AUS findings and prepare the Initial Fee Worksheet.
  • Pull and prep web applications and other duties, including updating credit reports and AUS findings.
  • Request status updates from pre-approved clients and referral sources (weekly TBD calls).
  • Keep up to date with company approved programs and software systems; implement and execute new systems for team and clients.
  • Provide marketing support by coordinating, creating, obtaining compliance approval, tracking, and distributing advertising materials as needed.
  • Manage monthly compliance-approved email marketing to realtors.

• Contract to Close Duties:

  • Maintain key dates related to loan transactions and respond accordingly.
  • Send loan forms, disclosures agreements, and other supporting documentation to customers for completion and signature; manage the collection of completed documents accordingly.
  • Manage assigned originator's database; tracking active loan(s) and entering data as needed.
  • Maintain customer contact to ensure follow-up of loan application and answer basic customer inquiries while providing quality customer service.
  • Provide support in the collection and preparation of submitting loan application with supporting documentation to processing.
  • Order out 4506T, SSA, Credit Supplements, AccountCheck and Work Number as needed.
  • Prepare and submit loan applications to processing, helping to resolve any subsequent file issues and escalating processor conditions as required assisting processor in clearing any conditions placed on loan(s).
  • Reviewing CD to ensure fees and cash at closing are consistent with commitment to customer.
  • Provide any necessary assistance through production and underwriting process.
  • Provide status updates to referral sources on active loans, subject to Guild’s policies on Consumer Privacy and Safeguarding of Information.
  • Answer customer inquiries related to active loan, and/or loan application status.

• Additional Common Duties:

  • Acting as a primary point of contact for the customer, and keeping the customer informed throughout the process, subject to the limitations as set forth in Guild’s SAFE Act and Consumer Privacy/Safeguarding in Information policies.
  • Pricing loan in accordance with Guild’s policies and communicating fees to operations team.
  • Quoting rates and making commitments regarding locking to customer.
  • Maintain referral source relationships through quick response time and excellent custom service.
  • Prepare and send thank you cards to referral sources and new clients.
  • Collect supporting documentation from customer, gathering necessary documentation for pre-approval.
  • Act as a point of contact for the customer and referral source, keeping them informed throughout the process.
  • Discuss product features with customer.
  • Perform other duties as assigned.

Qualifications

• High school diploma or equivalent is preferred, along with at least two years of experience in Mortgage lending or related field.

• Active MLO licensing required.

• Ability to manage multiple priorities; strong detail orientation and highly organized.

• Works with a strong sense of urgency and responsiveness.

• Passionate about delivering excellence in customer service.

• Demonstrated patience and professionalism when interacting with both internal and external customers.

• Proficiency with data entry, PDF software programs, Microsoft Word, and Excel required.

• Strong verbal and written communication skills.

Requirements

• Physical: Work is primarily sedentary; mobility in an office setting.

• Manual Dexterity: Frequent use of computer keyboard and mouse.

• Audio/Visual: Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation.

• Environmental: Office environment – no substantial exposure to adverse environmental conditions.

Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.

Guild Mortgage Company is an Equal Opportunity Employer.

Target Salary Range: $17.0000 to $28.3300 USD

This position offers eligibility for incentive compensation.

Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant’s geographical location.