Sr. Loan Coordinator

The Senior Loan Coordinator is responsible for working with the mortgage broker, underwriter and closer to gather and validate requisite loan documentation and data in order to originate a compliant loan as required by local, state, and federal regulations.

Duties & Responsibilities

• Work with the Mortgage broker to obtain all required documentation necessary to approve and originate a fully compliant mortgage loan
• Manage an average pipeline of 65 loans
• Loan Data Entry/Validation
• Document Indexing
• Ordering required validation services (verification of employment, tax transcripts, social security validation, property address validation, LDP/GSA, payoffs)
• Input and evaluate DU/LP findings, credit reports, verification of employment, income and asset documentation, preliminary title reports, Flood Certifications and Appraisals prior to forwarding the file to the Underwriter
• Maintain communication with Broker partner, Account Executive, Underwriter, and Closer regarding individual loan files throughout the life of the loan
• Ensure proper disclosure as required by local, state, and federal regulations
• Ensure compliance with Company policies and procedures
• Other tasks as assigned

Qualifications

Education & Experience

• High school diploma or equivalent
• Minimum of 2 years of processing experience with Govt., Conv., and DU/LP
• General knowledge of mortgage products and processes
• Knowledge of RESPA requirements and Loan Estimate preparation and disclosure
• Knowledge of MS Office Suite and Encompass Loan Origination system is preferred

Skills

• Strong verbal and written communication skills
• Detail-oriented
• Skilled at multi-tasking and keeping organized
• Able to work in a fast-paced environment with strict time deadlines
• Ability to identify and resolve client issues and use good judgment in making immediate decisions that impact UHM, broker partners and clients