Experienced in the US mortgage industry

Lessen supervision and admin work

Save up to 70% labor costs

Key focus areas:

Obtain and analyze information necessary to process mortgage applications, including credit reports, income documentation, assets, title work, appraisals, and any other pertinent information.
Daily pipeline management with an emphasis on meeting rate lock expirations, mortgage commitment dates, and department turn times.
Effectively communicate loan status to all relevant parties, including borrowers and sales personnel involved in the transaction.
Ensure compliance with disclosure requirements and meet all compliance standards.
Accurately prepare files for closing, verifying closing dates, first payment dates, proper set-up of escrow accounts, and coordinating with settlement agents for closing.
Effectively communicate with underwriting, docs, funding, post-closing, and other internal departments to ensure loans are completed accurately and are sufficient for purchasing.
Consistently update and maintain loan status within Encompass, processing out denied or cancelled loans in a timely manner to ensure accuracy in loan pipeline status.

Technical and soft skills:

Loan Processing
Financial Analysis
Data Entry
Mortgage Knowledge
Attention to Detail
Time Management
Customer Service