Loan doc specialist vs mortgage loan specialist

Differences between loan doc specialist and mortgage loan specialist duties and responsibilities

Loan doc specialist example responsibilities.

• Manage a pipeline of FHA and conforming conventional mortgage loans for refinance and purchase through closing.
• Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
• Pull LDP/GSA list, FHA CAIVR numbers, VA certificate of eligibility, VA case numbers and VA appraisals.
• Schedule loan closing and review final HUD-1 to verify fees are appropriate and within guidelines.
• Review final HUD-1, payment plan, calculations and closing documents for accuracy, prepare package for funding to review.
• Make sound business decisions base on credit risk policy and procedures in accordance with TILA, ECOA, and RESPA guidelines.
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Mortgage loan specialist example responsibilities.

• Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
• Investigate and resolve, borrower complaints, inquiries and disputes in accordance with RESPA establish procedures.
• Clear post-closing FHA and VA deficiency items to ensure loans meet federal loan guidelines and ensure they are salable.
• Process FHA and VA loan information, post-closing, ensure that initial payments receive were forward to the proper department.
• Respond to mortgage lenders and taxing agency jurisdictions by utilizing effective verbal and written communication in a prompt and accurate manner.
• Determine loan DU eligibility and submit files to underwriting department.