Responsible to processing, closing, and post-closing duties of all portfolio, direct sale, and brokered residential mortgage loans. Position requires the ability to manage a high volume of loan production. Requires little supervision.
Processing:
▲Complete the LE and predocs
▲Obtain and check all required documents, including homeowners’ insurance
▲Once intent is returned, order appraisal, title, survey, VOE, Flood, and 4506T
▲ Adhere to making sure file is complete before submitted to underwriting
▲ Verbal VOE’s within 10 days of closing
▲ Responsible for denials
Closing:
▲ Schedule closing with lender and title company.
▲Complete the CD and send to title company, send wire transfer
▲ Responsible for getting closed docs back from title company or LO. Review to ensure completeness.
▲Responsible for getting recorded documents from title company including mortgage, deed, affidavits
▲Complete necessary loan tickets, sending invoices to A/P, and scanning signed docs to Encompass
▲Turn file over to post-closing
Post-Closing:
▲Review for completeness of closed loan
▲Upload portfolio into director/navigator. For Freddie Mac/FHLB, make sure loan is sellable, build custodial account into director/navigator
▲HMDA
▲Escrow
▲Responsible for tracking final title policies, recorded mtg., titles for mobile homes, etc.
▲Exercise independent judgment and discretion within job duties.
▲ All other duties as assigned