Loan Officer Assistant

Essential Duties

• Submit concise loan applications for the Loan Officer by auditing, reviewing and validating data entry to match supporting documentation
• Communicate with and support Loan Processors to obtain conditions
• Aid clients and guide them through the mortgage pre-approval process
• Review supporting documents and information to determine what is needed
• Track outstanding items on all loan files and follow up with borrowers for additional information & documents using point of sale system, Glyde, to ensure timely receipt of necessary documentation
• Running AUS and notifying LO that the file is ready for review and Pre Approval
• Analyze credit reports to understand liabilities and identify potential issues
• Calculate housing and expenses ratios
• Utilizing AUS tools (DU / LP) findings to obtain eligible / accept recommendations

Licensed Duties

• Has the ability to assist in discussing rate and terms with clients
• Able to originate loans either for themselves or on behalf of the loan officer they support provided it does not impede the required support functions
• Have knowledge of and ability to interpret mortgage program guidelines utilizing the available tools and software

Requirements

• Minimum of 3 years loan processing or origination experience including conventional and government loan programs
• Proficient in working with LOS system
• Encompass Understanding of agency automated underwriting systems DU and LPA
• Experience in communicating verbally with borrowers and referral partners
• Ability to multi-task in a very fast paced environment
• Excellent written and verbal communication skills
• Must be organized, consistent and detail oriented

Benefits

• Medical
• Dental
• 401k with match
• Paid Time Off
• Volunteer Time Off

Pay

Salary $45,000 - $65,000 + per file incentive