Loan reviewer vs mortgage loan specialist

Differences between loan reviewer and mortgage loan specialist duties and responsibilities

Loan reviewer example responsibilities.

• Manage the organization's HMDA data and accurately complete the government reporting annually.
• Review FHA streamline refinance, process and conventional loan application.
• Evaluate conditions receive on all FHA DE approve files submit electronically for purchase.
• Review the loans to ensure they are in compliance with Respa and Tila requirements.
• Work closely with attorneys on daily basis to discuss need documents and possible mitigation or litigation strategies on foreclosure and bankruptcy matters
• Process loans from opening to closing through DU & LP for non-conforming and conforming.
Show more

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.