Home Equity Loan Specialist
Loan specialist job in Beltsville, MD
Full-time Description
Prince George's Community Federal Credit Union is seeking an experience professional with experience processing home equity loan applications to serve as our Home Equity Loan Specialist. This role provides members with information on credit union Home Equity products and services; receives, processes, and closes all Home Equity loan applications in a timely manner; and services the existing Home Equity loan accounts.
DUTIES AND RESPONSIBILITIES:
Handles all Home Equity Fixed and Lines of Credit requests made by phone, in person, etc., and completes the application process for underwriting
Coordinates and prepares pre-closing and closing documentation; performs all system file maintenance and disburses funds; and scans all loan documentations
Prepares all closing documents, HUDI sheet, and Deeds of Trust; completes the MD intake sheet; orders flood certifications; calculates all recordation and transfer taxes for each county and each dollar amount issued
Closes home equity loans with the member(s)
Handles all subordination requirements & agreements & collects fees
Completes certificates of satisfaction for land records/Clerk of Court
Orders and reviews title report prior to closing to ensure there are no liens, judgments, etc.
Orders property appraisals after HELOC and/or 2nd trust processing and preliminary review from underwriter
Prepares complete packet for the title company to send to the Clerk of Court
Ensures all necessary title and Deed of Trust documents are completed and recorded properly within regulatory timeframe
Record all HMDA tracking on all required loans; completes annual HMDA report
Reviews HELOC advances to ensure proper rate and payments
Handles loan payoffs; reviews loan payoff reports, weekly or bi-weekly, and conduct follow-up calls to members to initiate car/HELOC refinances
Maintains loan documentation in members file, ensuring all policies and procedures of the Credit Union are followed; updates loan records as required; audits files to insure that all required documents are present and accounted for; and assists with filing and portfolio review
Provides back office loan support, such as filing, etc.
When necessary, Operates as back-up Loan Servicing Specialist on an as needed basis; including filing of Gap claims, life and/or disability claims, Debt protection, State National CPI, and death accounts
Maintains a high level of knowledge and procedural expertise in all Credit Union loan products and services
Assist in underwriting duties for non-home equity loans when needed
Perform other lending and administrative duties as assigned by the Chief Lending Officer
This is a full-time position (Monday thru Friday) and the ideal candidate will have the flexibility to work occasional community events (once or twice a year), must consistently uphold the mission, vision, and core values of the credit union, and possesses the ability to cope in a team focused, fast-paced sales and service culture.
Requirements
High School Diploma, required; a Bachelor's degree preferred
Minimum of two years' Home Equity and lending experience required
Two years' demonstrated sales experience preferred
Requires basic knowledge of Microsoft Word and Excel
Home Loan Specialist
Loan specialist job in Chantilly, VA
Job Description
Home Loan Specialist - Warm Leads Provided - EmpowerHome Mortgage
EmpowerHome Mortgage | Remote Flexibility
Are you a licensed Mortgage Loan Officer ready to grow your production without chasing cold leads?
EmpowerHome Mortgage is looking for motivated, relationship-focused Loan Officers who want consistent warm leads, industry-leading support, and the opportunity to build a high-volume business.
As the exclusive mortgage partner of EmpowerHome Team-a nationally ranked real estate team-our Loan Officers receive a steady flow of warm, pre-qualified buyer leads every week. No cold calling. No lead buying. Just real homebuyers ready to move forward.
If you're driven, client-focused, and ready for a scalable career path, this is the opportunity.
What We Offer
Warm, pre-qualified buyer leads provided directly from EmpowerHome's top real estate agents
Remote flexibility with proven systems, CRM, and technology to streamline your pipeline
Operations, processing, and marketing support, so you can focus on clients-not paperwork
A collaborative, growth-oriented team culture
Competitive commission plan with six-figure income potential
A trusted brand with strong agent partnerships and repeat referral business
Compensation: $100,000+ commission potential at plan, with upside earning potential.
Compensation:
$100,000+ at plan commission
Responsibilities:
Evaluate and pre-qualify loan applicants by reviewing financials, credit reports, and documentation
Advise clients on mortgage products, loan programs, and financing options
Guide borrowers through every step of the loan process, ensuring a smooth and transparent experience
Maintain compliance with all mortgage lending regulations and internal policies
Build relationships with real estate agents, builders, and referral partners to increase loan volume
Qualifications:
Active NMLS License (required)
Proven success as a Loan Officer, Mortgage Loan Originator, or similar lending role
Strong communication, customer service, and relationship-building skills
Self-motivated and organized, with the ability to manage a high-quality pipeline
Passion for helping families achieve homeownership and advancing your mortgage career
About Company
Why EmpowerHome Mortgage?
Exclusive partnership with a top-ranked real estate team
Ranked #8 Real Estate Team in the Nation by RealTrends (Sales Volume)
#1 Female-Led Real Estate Team in the United States
Mission-driven culture focused on client care, performance, and professional growth
How to Apply
Submit your resume today. Qualified candidates will be contacted for next steps.
Loan Service Representative
Loan specialist job in Washington, DC
Primary Function Promotes the credit union's loan products and services to potential and existing members. Receives and initiates calls to assist members regarding borrowing needs and options. Ensures conditions for pre and post loan closings are cleared. Perfects liens on collateral, insurance placement and documentation. Performs VISA credit card file maintenance. Provides the highest level of quality
member service.
Major Duties and Responsibilities
Communicates promotional information about loan products to members and answers inquiries from members concerning loan services.
Assists members in completion of consumer, credit card and mortgage loan applications.
Performs loan disbursals, in-person or electronically, complying with all approval criteria.
When disbursing funds, makes sure the member is familiar with all the terms, conditions, and collateral held on the note and disclosure.
Performs all administrative duties associated with the VISA credit card program, establishing accounts, and performing account maintenance.
Gathers, compiles, and prepares loan documents, liens, files, reports, and/or other legal matters relating to loans.
Maintains and updates the security interest and insurance of all vehicle loans, title tracking, ensuring accurate and complete record retention. Release liens at the request and, on approval of the lending team.
Maintains member loan files.
Represents the credit union in a courteous and professional manner. Provides prompt, efficient, and accurate service to members. Maintains member confidentiality.
Performs other duties as assigned.
Skills, Knowledge, and Experience
One to two years' experience in lending in a credit union or other financial institution preferred. Knowledge of lending principles and procedures, loan services, and credit union philosophy ideal. A2-year college degree or completion of specialized course study/certification in business and/or financial services. Well-developed communication and analytical skills required.
Knowledge of Microsoft office products preferred: MS. Word, Excel, PowerPoint, Outlook and Teams.
Proficiency in Spanish preferred.
Disclaimer
This position description is not a complete statement of all duties and responsibilities comprising the
position. It contains only the facts necessary to evaluate the position on a fair basis.
Experienced Loan Officer
Loan specialist job in Bethesda, MD
Job DescriptionExperienced Loan Officer
Compensation: $100,000 - $150,000 (Base + Incentives) Employment Type: Full-Time
About the Bank
We are a well-established community bank committed to serving local businesses and individuals with reliable service and local decision-making. As our loan portfolio continues to grow, we are seeking an Experienced Loan Officer to join our team and support ongoing lending needs across the community.
Position Overview
The Experienced Loan Officer will develop, manage, and grow a portfolio of commercial and consumer loans. This role is ideal for a lender who thrives on relationship building, portfolio management, and delivering high-quality client service.
Key Responsibilities
Build and maintain strong relationships with new and existing clients across the community.
Analyze financials, credit reports, and collateral to structure appropriate loan solutions.
Manage a diversified loan portfolio and ensure ongoing credit quality.
Present loan requests and recommendations to the credit team/loan committee.
Identify growth opportunities through client outreach, referrals, and community involvement.
Provide a high level of responsiveness and support to clients and internal partners.
Ensure all lending activities follow bank policies, regulatory requirements, and risk guidelines.
Qualifications
3+ years of experience as a Loan Officer or Commercial/Consumer Lender (community bank experience preferred).
Strong credit analysis and financial statement review skills.
Proven track record of building and managing a healthy loan portfolio.
Ability to grow business through relationships, networking, and local presence.
Excellent communication and client-service skills.
Bachelor's degree in Business, Finance, Accounting, or related field preferred.
Compensation & Benefits
Total earnings of $100,000 - $150,000 (base salary + incentive plan)
Full benefits package (health, 401k, PTO, etc.)
Local decision-making and strong support from leadership
Long-term career stability and growth opportunities
How to Apply
Please send your resume to brian@solidrockrecruiting.com with the subject line:
Experienced Loan Officer Application
.
All inquiries are fully confidential.
Loan Officer - Northern Virginia, VA
Loan specialist job in Fairfax, VA
Job Tasks and Responsibilities:
As a loan originator, Employee shall have responsibility for collecting and analyzing customers' income, assets, investments and debts; determining which financial products best meet customer needs and financial circumstances; advising customers regarding advantages and disadvantages of different financial products; and marketing and promoting qualifying residential mortgage loans in accordance with MMC's policies and procedures as in effect from time to time, and in accordance with Employee's terms of compensation set forth in Exhibit A as updated or revised at MMC's discretion from time to time.
Employee shall achieve satisfactory production standards as updated or amended at MMC's sole discretion from time to time.
Employee shall adhere to MMC's policies and procedures regarding fees chargeable on all loans originated.
Employee shall perform all duties incidental to the successful operation of the Business and such other duties as specified by MMC from time to time.
Employee shall obtain and process loan applications and oversee the completion of all documentation and fulfillment of all closing conditions for each loan Employee originates.
Employee will be responsible for communicating initial loan commitment terms to potential customers.
Employee represents possession of the necessary skills and proficiency to market, promote, and prepare applications for loans secured by real estate.
Employee shall devote Employee's best efforts, attention, knowledge and talent to discharging those duties and responsibilities faithfully, conscientiously and diligently as may be assigned by MMC, together with such other duties as are generally commensurate with the role of a loan originator.
Employee shall devote Employee's full time, ability, and attention to MMC's Business during the term of this Agreement.
Employee will be responsible for developing and carrying out personal marketing strategies, developing a high level of customer satisfaction, and following all MMC policies and procedures, including but not limited to those set forth in any and all of MMC's policy and procedure manuals, guides, handbooks, bulletins and other circulated materials, in written or electronic form, and relating to the Business of MMC and employment of Employee(collectively, the "Policies"). Employee acknowledges receipt of the Policies in existence as of the date of this Agreement, and covenants to review such Policies and as supplemented or updated.
Employee shall cooperate with and assist MMC in assembling all documents necessary for marketability of residential mortgage loans, including the sale or assignment of such loans.
Knowledge of FNMA/FHLMC,FHA,VA and VHDA underwriting guidelines
Required Knowledge, Skills and Abilities:
Strong organizational and time management skills
Ability to multitask in a fast-paced environment
Excellent verbal and written communication skills
Customer service oriented
Understanding of Residential Lending regulatory requirements
Experience with Encompass360
Educational and Experience Requirements:
Bachelor's degree in Finance or Business is preferred
Certification(s) from the Mortgage Bankers Association preferred but not required
At least two- three years of Mortgage Lending experience
Auto-ApplyMortgage Loan Officer in Washington
Loan specialist job in Washington, DC
Join Morty as a mortgage loan officer in Washington. Leverage our innovative mortgage technology, extensive lender marketplace, extremely competitive mortgage rates in Washington and dedicated closing team to advance your career and achieve success.
Are you a smart, resourceful, and self-sufficient individual? We're actively seeking talented candidates based in Washington to join our platform as Mortgage Loan Officers. Our ideal team members are passionate about cultivating a robust mortgage business portfolio while enjoying the flexibility of setting their own pace. Successful Mortgage Loan Officers at Morty possess a deep understanding of mortgage products, exceptional communication skills, and a proven ability to forge strong relationships. Your role will involve close collaboration with homebuyers, providing expert guidance on mortgage options, and overseeing loan origination.
If you're not licensed, but have been thinking about becoming an MLO, our Blueprint program is likely a better fit. You can also check out our step by step guide to getting licensed in Washington!
This is a great opportunity to build on your existing sales experience and level up with new tools and support.
Your Responsibilities
Build your own book of business - Leverage Morty's platform and marketplace to establish, grow, and service an ongoing pipeline of new customers and referrals. You can purchase leads through Morty to help build your business.
Establish a local presence - Build and maintain a local presence on the ground in a key market or markets of your choice, acting as Morty's go-to “in-market” expert in the area.
Own all communications for your customers - Ensure clients get the advice they need to successfully navigate the home financing process, building trust and working closely with our centralized closing team to ensure transactions go smoothly.
Serve as an expert on loan options - Work with customers to make recommendations based on their specific situations; you'll need to be able to clearly articulate Morty's value propositions to customers who don't yet know us.
Qualification Required
An approved mortgage license
Willingness to hit the road to build up a book of mortgage business.
Strong communication skills, both written and verbal.
Compensation
Earn 75bps - 200bps per closed loan depending on your experience and preferences.
This a commission only role.
This position requires you to pay a platform fee to cover the cost of technology, marketing, and HR services.
Auto-ApplyWashington DC Regional Loan Officer
Loan specialist job in Washington, DC
Do you have strong relationship building skills? Have you built your business largely on referrals? Are you an entrepreneur at heart and interested in growing a team? If so, then we have an exciting opportunity for you. Become your own boss at Caliver Beach Mortgage!!
Description:
· Run your business remotely on a P&L basis under the umbrella of Caliver Beach Mortgage!
· Uncapped commissions!
· Loan products for all borrower types!
· Add additional LO's to your team OR act as an individual LO!
· Licensed in 28 states and growing!
· Administrative, operational and compliance support provided by Corporate!
Successful Candidate Attributes:
· Proven track record developing referral partner relationships with Realtors, CPA's, Financial Planners, etc.
· Maintains a database of past clients for marketing purposes.
· History of closing at least 3-5 units per month.
Loan Officer Requirements:
· An active NMLS/MLO license (required).
· Strong knowledge of lending regulations and industry best practices.
· Exceptional interpersonal and communication skills.
· Analytical mindset with the ability to assess complex financial information.
· Sales-oriented mindset with a commitment to achieving targets.
· Detail-oriented and organized.
· Proficient in relevant software and tools.
Caliver Beach Mortgage, LLC is an equal opportunity employer. We are committed to diversity and inclusion in our workplace.
Entry Level Mortgage Loan Processor (Recent Graduates Encouraged to Apply)
Loan specialist job in Beltsville, MD
Salary is depending on experience. If you have a passion for business, customer service and growth this is the perfect opportunity for you! Lots of growth opportunities within the company! Responsibilities- Maintain strong communication and customer service to homebuyers, branch personnel and divisions within the company- Manage multiple loan files- Collect and record customer information in a timely manner- Ensure accuracy and completeness of each loan file- Coordinate closing tasks- Follow-up on submitted and pending loans
Requirements- Bachelors Degree- Excellent communication and customer service skills- Hard-working and detail-oriented$55,000 - $60,000 a year
Auto-ApplyPost-Closing Loan Documentation Specialist, Team Lead
Loan specialist job in Reston, VA
The Post-Closing Loan Documentation Specialist III, Team Lead/Bank Officer, is a critical position in the post-closing department and will require a comprehensive understanding of post-closing commercial lending processes and procedures. Eligible candidates should possess direct training and experience with complex commercial loan structures, commercial loan documentation, financial reporting, covenant exception tracking, collateral lien perfection and releasing with knowledge of county recording requirements, chain of title and county/state database research. Successful candidates will also have previous experience training, coaching or supervising.
In this role you will:
* Process and record full and partial collateral lien releases performing an extensive collateral review using Banks systems and county/state databases to avoid cross-collateralization prior to collateral release of the Deed of Trust, Uniform Commercial Codes (UCC), life insurance assignments, CD, vehicle title liens, secured assets, etc.
* Independently review and monitor loans including viewing the approval and loans terms; creating, updating and validating ongoing/life of loan exception tracking requirements or other conditions of approval; reviewing documentation to ensure the collateral is perfected.
* Review original executed loan documentation ensuring orderly, safe and secure control over original Notes and Guaranty records. Creates tracking exceptions for original loan documentation deficiencies in the Bank's CERIS tracking system and notifies the Lending and/or Closing teams accordingly. meticulous imaging and indexing of executed loan documentation in FDM.
* Provide advanced assistance to team members with post-closing loan review, exception tracking, ServiceDesk management, original loan document review, collateral lien perfection, insurance tracking, and other post-closing responsibilities.
* Train and coach team members. Assist with the implementation of new or updated policies and procedures providing guidance and support for effective adoption and compliance.
* Utilizes Bank systems to complete comprehensive assessments and/or extensive research of complex loan structures and customer relationships to resolve discrepancies related to covenant and financial exception tracking, cross-collateralization, loan documentation, etc.
* Process original, continuation and termination Uniform Commercial Codes (UCC) filings including generate exception tracking reports on a bi-weekly/monthly basis.
* Generate exception reporting related to administrative, financial, covenant, and insurance requirements using internal and external systems.
* Engage with team members, Bank personnel, settlement agents, insurance companies, and vendors to clarify requirements, obtain necessary documentation, and resolve complex issues. Maintain effective communication to address high-level discrepancies and ensure compliance.
* Coordinate preliminary audit reviews for internal/external audits and exams. Conduct detailed pre-audit reviews of approval requirements, imaged loan documentation, loan operating systems, exception tracking, collateral, insurance, etc., identifying and addressing complex documentation exceptions and loan discrepancies. Coordinate with responsible parties to resolve complex issues.
* Complete ongoing courses to maintain required compliance knowledge. Pursues training opportunities by participating in webinars and courses to enhance knowledge and expertise in areas applicable to role and responsibilities.
* May be cross trained to assume additional functions in other areas of the Bank or share knowledge with colleagues to promote team development.
Requirements
* High School Diploma or equivalent.
* 5 - 8 years of direct experience in commercial loan post-closing, including loan documentation review, recurring exception tracking, lien perfection, and collateral release; or a combination of relevant experience in both commercial and consumer lending that demonstrates proficiency with these core functions.
* Experience working in a dynamic, fast-paced environment with the ability to manage multiple tasks efficiently.
* Demonstrated ability to exercise independent judgment, apply analytical thinking, and handle complex issues to develop effective solutions.
* Exceptional communication; comfortable with extensive dialogue and explanation, both written and verbal.
* Strong computer proficiency with the ability to learn and adapt to new systems, databases, and technologies.
* Advanced administrative and organizational skills with strong attention to detail.
* Self-starter who excels at mastering new processes and tools.
* Positive attitude with a strong customer service focus.
John Marshall Bank is an Equal Opportunity Employer
At John Marshall Bank, we pride ourselves on being able to attract the best talent in the industry, therefore we offer a comprehensive benefits package which includes:
* Medical
* Dental
* 401K Retirement Plan w/ an Employer Match (4% match on 5% contributions - this is highly competitive compared to other organizations)
* Vision
* Employee Assistance Program
* Flexible Spending
* Transit Reimbursement
* Dependent Day Care
* Long Term Care
* Paid Time Off
* Life and Disability Coverage
At this time, John Marshall Bank will not sponsor a new applicant for employment authorization for this position.
Loan Processor
Loan specialist job in Germantown, MD
About Us:
SkyPoint Federal Credit Union is a community-based financial institution, located in Montgomery County, Maryland, SkyPoint serves our members in the greater Washington D.C. metro region with a wide array of financial services, supported by technology, and offers great value, affordable fees, and rates through our member-owned structure.
The only designated Community Development Financial Institution (CDFI) credit union in Montgomery County, SkyPoint helps our members and the community gain access to the financial services needed to prosper. Through our inclusive, expert, and compassionate team, we focus on removing banking complexities, and building empowering relationships with our members to help them achieve their financial goals with simple and accessible banking solutions.
Role Overview:
The Loan Processor gathers documentation, obtains credit reports, verifies income and employment, and ensures all requirements are met to complete loan applications. This role involves explaining loan options, processing applications, disbursing approved loans, and cross-selling credit union products and services.
Key Responsibilities
Interview loan applicants (in person, phone or email) and gather complete credit application information.
Explain loan options, rates, terms, and collateral requirements; provide credit education.
Process new loan applications, organize loan packages, and ensure all documentation is complete for decision-making.
Order credit reports, verify information, and maintain accurate member files.
Disburse approved loans and complete Home Equity settlements in compliance with policies.
Respond to member inquiries and resolve lending issues professionally.
Provide phone coverage for the department queue and process lien releases, payoffs, and other member requests.
Qualifications
High school diploma or equivalent required; college-level courses in accounting or credit analysis preferred.
2-4 years of experience in consumer lending, credit cards, or mortgage processing.
Knowledge of lending policies, procedures, and regulations.
Proficiency in Microsoft Office and internet applications.
Strong communication, analytical, organizational, and problem-solving skills.
Ability to manage multiple priorities and maintain attention to detail.
Service-oriented mindset and ability to work in a branch and office environment.
Physical Requirements
Ability to lift up to 25 pounds occasionally.
Standing, walking, bending, and stooping as needed.
Prolonged periods of sitting and computer work.
Hours:
SkyPoint FCU is open M-F 9am-5pm
Working Hours: Monday-Friday 8:45am-5:15pm
Based upon business needs, this position may require working at or transferring permanently to neighboring branches within a reasonable commuting distance.
Benefits:
Holidays:
Eleven (11) paid per year
Leave:
You will earn Paid Time Off and Personal, Sick and disability leave. Annual leave is accrued at 4.6 hours per pay period (15 days per year). Two personal days are earned per year. Sick leave is accrued at 4.62 hours per pay period with a maximum accrual per year of 120 hours.
Insurances:
Employees are offered medical, prescription, dental, vision and disability insurance. The credit union pays a portion of the monthly premium, and the employee pays a portion. Available providers and costs will be discussed during orientation. All insurance except disability is effective the first of the month following date of hire.
Life Insurance:
All full-time employees are required to have Group Term Life (GTL) insurance equal to 1x's their basic annual earnings, up to $200,000. Active employees over age 65, their coverage is reduced to 65% of the pre-65 face value. This policy is County paid 80%, and employee paid 20%. Additional coverage can be purchased. Information will be available during orientation.
401(a)/Deferred Compensation:
You will be eligible to participate in the SkyPoint FCU Retirement 401A plan after 6 months of employment. Information about retirement options will be presented during orientation.
Mortgage Loan Closer/Funder
Loan specialist job in Rockville, MD
Requirements
Closing Preparation
Review approved loan files in LOS (Calyx Path/Encompass) to verify completeness and accuracy.
Confirm all underwriting and compliance conditions are satisfied prior to document generation.
Prepare and validate Closing Disclosures (CDs), loan documents, and settlement statements.
Ensure loan data integrity across all systems in mortgage lending such as Calyx, Encompass, FICS, and Keystone
Coordination with Settlement Agents
Communicate with title companies, attorneys, and settlement agents to confirm closings details
Balance CDs and verify closing fees and charges align with investor and regulatory standards.
Confirm and validate wire instructions and manage delivery of closing packages securely.
Funding Authorization & Quality Control
Verify all closing conditions have been satisfied and supporting documentation is complete prior to funding.
Accurately calculate funding amounts, authorize wire disbursements through Keystone, and confirm receipt of executed closing packages.
Review signed closing packages for completeness and compliance prior to post-closing submission.
Compliance & Training
Maintain compliance with TRID, RESPA, TILA, Reg Z, Reg B, and investor guidelines.
Ensure accurate disclosures, calculations, and documentation for FHA, VA, HELOC, and DPA loans.
Support internal audit and quality control reviews by providing complete and accurate closing files.
Identify opportunities for process improvements to enhance operational efficiency and member experience.
Education:
High school diploma required; Associate degree preferred.
Experience:
Minimum 2+ years of mortgage closing/funding experience, including FHA, VA, HELOC, and DPA programs.
Technical Skills: Proficiency with Calyx Path, Encompass, Keystone, and FICS preferred.
Knowledge: Strong understanding of TRID, RESPA, TILA, Reg Z, Reg B, and investor requirements.
Attributes: Exceptional attention to detail, organization, and the ability to manage multiple closings under tight deadlines.
Top benefits or perks:
Joining Lafayette Federal comes with perks to support you in your personal and professional journey.
We provide employees with a generous benefits package including:
Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
Fully funded deductible (HMO Plan)
401k employer matching contribution
Income protection with life insurance, short and long-term disability
Paid time off, holiday leave & birthday leave
Educational assistance
Commuter benefits program and more!
The job posting highlights the most critical responsibilities and requirements of the job. It is not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job.
Pay: $49, 700 - $62, 000 annually depending on experience and qualifications.
*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer
*EOE/AA/DISABILITY/VETERAN
Bilingual Loan Processor (On-Site)
Loan specialist job in Rockville, MD
CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.
A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down.
CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Position Overview:
The Bilingual Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and ordering third party documentation by communicating directly with the customer and/or loan officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations.
Job Responsibilities:
* Perform a thorough review and analysis of borrower's credit, employment, income and assets as required by the particular loan program before submitting to underwriting.
* Assemble the complete loan package in proper order for underwriting.
* Verify all required documentation (pre-underwrite) in the file.
* Complete the required loan checklist.
* Verify that an application is complete and accurate; and identify any potential issues that may arise in underwriting.
* Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on those documents. Communicate directly with the Loan Originator, customer, and underwriter to obtain initial and any missing documentation required to qualify for the loan.
* Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg.B, etc.) and prepare required disclosures.
* Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information.
* Verify that vendor orders are complete, invoices received, and in the applicant's E-file.
* Manage pipeline by completing and submitting reports within allotted turn-around times.
* Assist set-up of loans.
* Document all communication related to the loan application in the conversation log.
* Train and help supervise new loan processors and other processing personnel.
* Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage, LLC. investors.
* Available to work varying hours and overtime if needed.
Qualifications and Skills:
* Fluency in the languages of Spanish and English in order to communicate effectively with internal and external customers, of whom may speak only English or Spanish.
* High School Diploma or equivalent is required.
* Minimum of 5 years' residential mortgage processing experience.
* Experience with Encompass.
* Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred.
* Knowledge of DU, LP, Microsoft Office & Windows.
* Excellent math and analytical skills.
* Excellent communication skills.
* Excellent prioritization and time management skills.
Pay Range:
* Hourly Rate: $15.00-20.00.
* Eligible for monthly bonus incentive.
* The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: **********************************
California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants.
CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law ("Protected Characteristics"). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.
CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit ***************************
Mortgage Loan Closer
Loan specialist job in Woodbridge, VA
For more than 20 years, The J.G. Wentworth Company , through its affiliates and subsidiaries, has provided individuals the flexible options they need to respond to life's changing needs. Today, The J.G. Wentworth Company is a diversified company focused on providing direct-to-consumer solutions to
financial needs through a variety of offerings, including: home lending and
refinancing, structured settlement, annuity and lottery payment purchasing,
access to personal loans, and prepaid cards. Our seasoned management team has
developed a category-leading marketing, operations, customer service and
funding infrastructure that has allowed us to achieve efficiency and economies
of scale necessary for future growth.
Job Description
Prepare
closing documents accurately and issue to closing attorneys and/or title
companies.
Verify
that the required accurate closing documentation is in file
Ensure
that closing packages are accurately and efficiently generated for all mortgage
products
Responsible
for accurately selecting APR fees and making necessary changes to complete sale
of the loan
Check
settlement statement from attorney prior to closing and make any relevant
changes
Approve
final HUD1 settlement statement
Coordinate
loan funding with the accounting department and the closing attorney
Perform
other related duties as requested
High
School graduate with 2+ years of loan closing experience in mortgage industry
Qualifications
High
School Graduate with 2+ years of loan closing experience in the mortgage
industry
Strong
Problem solving skills
High
level of attention to detail, and strong organizational skills
Excellent
verbal and written communication skills
Ability
to thrive in a fast-paced environment
Additional Information
We'd love to consider you for our growing team of talent and invite you to complete
an application for our current open positions. EOE/V/D
Mortgage Loan Officer
Loan specialist job in Alexandria, VA
It is the responsibility of the Mortgage Loan Officer to be able to handle all functions of originating a loan. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Origination Requirements
* Develop application sources through internal and external centers of influence including but not limited to: Burke & Herbert Bank branches, realtors, builders, stockbrokers, financial planners, attorneys, accountants and past customers.
* Develop new business from personal and nontraditional resources.
* Work independently.
* Complete 1003 Residential Loan Application.
* Collect all data and documents necessary to process the application. Assign loan number.
* In-put or upload application information into Loan Origination System, Encompass.
* Submit to Desktop Underwriter, Loan Prospector or other decision engine.
* Issue initial disclosures accurately and in a timely manner.
* Follow up on conditions necessary to close or decline loan as requested.
* Price and lock interest rate with investor, meeting Burke and Herbert Bank pricing expectations.
* Monitor lock expiration dates for closing and delivery.
Other Banking Requirements
* Call on Burke & Herbert Bank branches in assigned territory.
* Make introduction of all market applicants to appropriate Burke & Herbert Bank personnel. Generate new leads for the Bank from outside sources.
* In consultation with Burke & Herbert Bank personnel, explore opportunities for cross-sell of other Burke & Herbert Bank products.
* Collect fees in accordance with Burke & Herbert Bank standards.
* Participate, as requested, in opportunities to promote the Burke & Herbert Bank.
* Maintains lending compliance including but not limited to: early disclosures, government monitoring, high priced mortgage loans documentation, and customer information procedures.
Closed Loan Requirements
* Expected minimum closed loan volume of $1,000,000 per month after 60 days.
Skills/Abilities
* A Mortgage Loan Officer must be able to communicate and work well with the public.
* Must have the ability to analyze credit information necessary to originate and assist in processing a residential loan application.
* Individual must have knowledge of lending compliance requirements and general knowledge of conventional and government loans available to the consumer.
* Must be resourceful and have the ability to work with secondary market investors insuring all loans meet established guidelines.
* Must be extremely detailed oriented to insure accuracy of data supporting loan files.
* Data integrity must never be compromised.
* Must have ability to work independently inside and outside the office, manage loan pipeline, follow-up with borrowers, Burke & Herbert Bank partners, and sources of business.
* Work to ensure timely loan closings.
* High Level of experience with FHA - VA - USDA and VHDA.
Education and Experience
* College degree preferred.
* At least 1 year of mortgage loan sales and an active NMLS number
* Origination and sales experience.
* Encompass experience preferred.
This position is classified as Exempt under the Fair Labor Standard Act. Mortgage Loan Officers must be customarily and regularly engaged in making sales away from the bank's places of business. Compensation for this position is 100% commission based.
Supervisory Responsibility
This position has no supervisory responsibilities.
Work Environment
This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.
Physical Demands
This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary.
Travel
Travel may be required for this position.
Equal Opportunity/Affirmative Action Employer M/F/disability/protected veteran status
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Loan Processor/TRID Specialist
Loan specialist job in Marshall, VA
Grow with us at Oak View National Bank! At your community bank, we pride ourselves in employing diverse and dedicated professionals who want to provide the highest level of service to our customers, both internal and external.
We Offer:
Opportunities to grow and advance
People-friendly work culture
Diverse and collaborative team environment
Community-focused mission and values
Job Summary:
Inputs and updates loan data into bank's computer system. Prepares, assembles, and verifies the accuracy of loan documentation packages in support of loan applications and as required by the Loan Officer. Provides related customer service; processes pay-offs; and verifies collateral and insurance on new and existing loans. The Loan Processor/TRID Specialist prepares and services loans of a more complex type and amount, and/or requiring greater analysis and documentation.
This position is based on-site at our Marshall, VA location. Please note that remote or hybrid work options are not available for this role.
Essential Functions:
Detailed knowledge of TRID including preparing Loan Estimates and Closing Disclosures is essential.
Knowledge of the consumer mortgage process along with disclosure timelines is required.
Must be able to work with all loan officers and to keep the loan process on track according to regulation timelines.
Ensures loan disclosure are prepared in accordance with the terms and conditions per the application and in compliance with regulatory requirements including TRID and Reg A.
Communicate with loan officers for any additional information needed to prepare loan disclosures.
Obtains fee estimates from title or settlement agents and other due diligence as required.
Orders flood certificates, appraisal/evaluations, title work, pulls credit reports and prepares all disclosures, notes and collateral supporting documents on all TRID loans.
Ensure work is completed by deadlines and accurately by planning, coordinating and monitoring daily activities.
Working knowledge of complex consumer transactions, understanding title reports and exceptions and thorough knowledge of Loan Estimates and Closing Disclosures and other loan documents and ensuring all loan documentation is accurately prepared.
Provides administrative assistance to the Loan Officer and staff, including updating loan data into the bank's computers, and assembling documentation to support customer loan applications and facilitates loan officer approval process and loan closing
Ensures that loan files contain documents with proper signatures, dates, and other relevant data.
Prepares, assembles, and verifies accuracy of loan documentation.
Checks documents for proper vesting, legal descriptions, closing dates and signatures.
Maintains new and paid customer loan files. Performs variety of clerical duties requiring knowledge of departmental procedures. Use office computers for data input and other activities.
Answers telephone and written inquires concerning loan processing and information.
Cross-markets bank products and services as appropriate.
Maintains insurance on collateral.
Processes paid-out notes and releases collateral.
Orders coupon books.
Provides notary services to customers as a licensed Notary Public.
Performs other duties and special projects, as assigned.
Job Requirements:
High school diploma or equivalent.
Two or more years of experience in TRID loan processing.
Knowledge of Regulations, B, Z, RESPA, Truth-in-Lending, and any other federal and state laws
Must demonstrate a high level of attention to detail, inductive reasoning and high accuracy using computer systems to enter large volume of complex information is required.
Must be self-educating and able to work with little direct supervision is required.
Must be able to work with multiple loan officers and at high volumes.
Successful completion of in-house training programs and/or assigned outside training programs.
Good understanding of financial institution products and services.
Strong analytical, mathematical, and oral and written communication skills and attention to detail.
Computer literacy in spreadsheet, word processing and database applications.
Physical/Mental Requirements:
Ability to carry heavy files, up to 20 pounds.
Ability to access and replace files requiring stooping and step stools.
Ability to sit for long periods of time, and to stand, walks, reach, climb.
Manual dexterity for keyboarding and calculating.
Visual acuity and ability to concentrate on details for long periods of time.
Auto-ApplyHOME EQUITY LOAN SPECIALIST
Loan specialist job in Calverton, MD
Prince George's Community Federal Credit Union is seeking an experience professional with experience processing home equity loan applications to serve as our Home Equity Loan Specialist. This role provides members with information on credit union Home Equity products and services; receives, processes, and closes all Home Equity loan applications in a timely manner; and services the existing Home Equity loan accounts.
DUTIES AND RESPONSIBILITIES:
* Handles all Home Equity Fixed and Lines of Credit requests made by phone, in person, etc., and completes the application process for underwriting
* Coordinates and prepares pre-closing and closing documentation; performs all system file maintenance and disburses funds; and scans all loan documentations
* Prepares all closing documents, HUDI sheet, and Deeds of Trust; completes the MD intake sheet; orders flood certifications; calculates all recordation and transfer taxes for each county and each dollar amount issued
* Closes home equity loans with the member(s)
* Handles all subordination requirements & agreements & collects fees
* Completes certificates of satisfaction for land records/Clerk of Court
* Orders and reviews title report prior to closing to ensure there are no liens, judgments, etc.
* Orders property appraisals after HELOC and/or 2nd trust processing and preliminary review from underwriter
* Prepares complete packet for the title company to send to the Clerk of Court
* Ensures all necessary title and Deed of Trust documents are completed and recorded properly within regulatory timeframe
* Record all HMDA tracking on all required loans; completes annual HMDA report
* Reviews HELOC advances to ensure proper rate and payments
* Handles loan payoffs; reviews loan payoff reports, weekly or bi-weekly, and conduct follow-up calls to members to initiate car/HELOC refinances
* Maintains loan documentation in members file, ensuring all policies and procedures of the Credit Union are followed; updates loan records as required; audits files to insure that all required documents are present and accounted for; and assists with filing and portfolio review
* Provides back office loan support, such as filing, etc.
* When necessary, Operates as back-up Loan Servicing Specialist on an as needed basis; including filing of Gap claims, life and/or disability claims, Debt protection, State National CPI, and death accounts
* Maintains a high level of knowledge and procedural expertise in all Credit Union loan products and services
* Assist in underwriting duties for non-home equity loans when needed
* Perform other lending and administrative duties as assigned by the Chief Lending Officer
This is a full-time position (Monday thru Friday) and the ideal candidate will have the flexibility to work occasional community events (once or twice a year), must consistently uphold the mission, vision, and core values of the credit union, and possesses the ability to cope in a team focused, fast-paced sales and service culture.
Requirements
* High School Diploma, required; a Bachelor's degree preferred
* Minimum of two years' Home Equity and lending experience required
* Two years' demonstrated sales experience preferred
* Requires basic knowledge of Microsoft Word and Excel
Loss Mitigation Specialist
Loan specialist job in Rockville, MD
IS HYBRID.
Please note that we are exclusively considering applicants residing in the District of Columbia, Maryland, or Virginia for all open positions.
Join Lafayette Federal Credit Union, a proud recipient of USA Today's Top Workplaces of 2024 and 2025 award!
Welcome to Lafayette Federal Credit Union Careers! Our organization is growing, and we are seeking top-notch individuals to provide support to our members. Our employees are a critical component in in our endeavor to be the premier financial partner for every one of our members.
Do you have experience with the maintenance of severely delinquent accounts?
Do you have experience reviewing the members overall financial condition and compensating factors?
If so, then Lafayette Federal may have the perfect opportunity for you! We are currently seeking a Loss Mitigation Specialist to join our dynamic team!
About us:
Our Difference:
What makes Lafayette Federal cutting-edge
? Lafayette Federal Credit Union is not only a great place to bank, but also a great place to work! We have been recognized nationally by (1) Newsweek's America's Best Bank's list, (2) we've received a 5-star rating from Bauer financial, and (3) we've also ranked #12 in S&P Global' s Top Performing Credit Union's in 2022 for the second year in a row!
Our Culture: Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. Each person is valued for his or her unique set of skills. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community.
Our Opportunities: Professional development, training, and certification is a priority for our employees. We want you to reach your career goals and provide support that leads to opportunities of advancement within the industry.
About the role:
We are seeking a smart, organized, and resourceful professional to assist the Asset Recovery department with the overall maintenance of severely delinquent accounts to include reviewing and recommending loans for extension and/or workouts. In addition, this position is responsible for reviewing the members overall financial condition and compensating factors as well as serve as a back up to the Mortgage, Bankruptcy and Charge Off Specialists.
Requirements
A day in the life of a Loss Mitigation Specialist will include:
Responsible for reviewing and preparing all files for the Loss Mitigation Committee. This process includes an in-depth analysis of the Member's relationship with the credit union and the financial risk with all parties involved.
Responsible for monitoring all accounts under an approved modification or workout to ensure the borrower is complying with agreed upon action steps.
Review all third-party debt management cases.
Responsible for all follow up calls and memos with respect to financial needs cases.
Ensures quality control by reviewing such items as vendor invoices, recovery, SCRA and EOscar reports.
Serves as a back up to the Bankruptcy Specialist by maintaining bankrupt accounts.
Our ideal candidate will:
Provide all members with professional support, accurate information, and friendly service.
Ensure all data entry for loans are made with minimal, non-recurring errors.
Adhere to Lafayette Federal's Service Standards Policy.
Maintain confidentiality at all times.
Maintain a dependable record of attendance and timeliness.
Ensure that consumer and mortgage collection queues are followed.
Top benefits or perks:
Joining Lafayette Federal comes with perks to support you in your personal and professional journey.
We provide employees with a generous benefits package including:
Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
Fully funded deductible (HMO Plan)
401k employer matching contribution
Income protection with life insurance, short and long-term disability
Paid time off, holiday leave & birthday leave
Educational assistance
Commuter benefits program and more!
Pay: $52,621 - $57,849 annually depending on experience and qualifications.
The job posting highlights the most critical responsibilities and requirements of the job. It is not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job.
*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer
*EOE/AA/DISABILITY/VETERAN
Salary Description $52,621 - $57,849 depending on experience
Mortgage Loan Closer
Loan specialist job in Woodbridge, VA
For more than 20 years, The J.G. Wentworth Company , through its affiliates and subsidiaries, has provided individuals the flexible options they need to respond to life's changing needs. Today, The J.G. Wentworth Company is a
diversified company focused on providing direct-to-consumer solutions to
financial needs through a variety of offerings, including: home lending and
refinancing, structured settlement, annuity and lottery payment purchasing,
access to personal loans, and prepaid cards. Our seasoned management team has
developed a category-leading marketing, operations, customer service and
funding infrastructure that has allowed us to achieve efficiency and economies
of scale necessary for future growth.
Job Description
Prepare
closing documents accurately and issue to closing attorneys and/or title
companies.
Verify
that the required accurate closing documentation is in file
Ensure
that closing packages are accurately and efficiently generated for all mortgage
products
Responsible
for accurately selecting APR fees and making necessary changes to complete sale
of the loan
Check
settlement statement from attorney prior to closing and make any relevant
changes
Approve
final HUD1 settlement statement
Coordinate
loan funding with the accounting department and the closing attorney
Perform
other related duties as requested
High
School graduate with 2+ years of loan closing experience in mortgage industry
Qualifications
High
School Graduate with 2+ years of loan closing experience in the mortgage
industry
Strong
Problem solving skills
High
level of attention to detail, and strong organizational skills
Excellent
verbal and written communication skills
Ability
to thrive in a fast-paced environment
Additional Information
We'd love to consider you for our growing team of talent and invite you to complete
an application for our current open positions. EOE/V/D
Mortgage Loan Officer
Loan specialist job in Alexandria, VA
It is the responsibility of the Mortgage Loan Officer to be able to handle all functions of originating a loan.
Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Origination Requirements
Develop application sources through internal and external centers of influence including but not limited to: Burke & Herbert Bank branches, realtors, builders, stockbrokers, financial planners, attorneys, accountants and past customers.
Develop new business from personal and nontraditional resources.
Work independently.
Complete 1003 Residential Loan Application.
Collect all data and documents necessary to process the application. Assign loan number.
In-put or upload application information into Loan Origination System, Encompass.
Submit to Desktop Underwriter™, Loan Prospector™ or other decision engine.
Issue initial disclosures accurately and in a timely manner.
Follow up on conditions necessary to close or decline loan as requested.
Price and lock interest rate with investor, meeting Burke and Herbert Bank pricing expectations.
Monitor lock expiration dates for closing and delivery.
Other Banking Requirements
Call on Burke & Herbert Bank branches in assigned territory.
Make introduction of all market applicants to appropriate Burke & Herbert Bank personnel. Generate new leads for the Bank from outside sources.
In consultation with Burke & Herbert Bank personnel, explore opportunities for cross-sell of other Burke & Herbert Bank products.
Collect fees in accordance with Burke & Herbert Bank standards.
Participate, as requested, in opportunities to promote the Burke & Herbert Bank.
Maintains lending compliance including but not limited to: early disclosures, government monitoring, high priced mortgage loans documentation, and customer information procedures.
Closed Loan Requirements
Expected minimum closed loan volume of $1,000,000 per month after 60 days.
Skills/Abilities
A Mortgage Loan Officer must be able to communicate and work well with the public.
Must have the ability to analyze credit information necessary to originate and assist in processing a residential loan application.
Individual must have knowledge of lending compliance requirements and general knowledge of conventional and government loans available to the consumer.
Must be resourceful and have the ability to work with secondary market investors insuring all loans meet established guidelines.
Must be extremely detailed oriented to insure accuracy of data supporting loan files.
Data integrity must never be compromised.
Must have ability to work independently inside and outside the office, manage loan pipeline, follow-up with borrowers, Burke & Herbert Bank partners, and sources of business.
Work to ensure timely loan closings.
High Level of experience with FHA - VA - USDA and VHDA.
Education and Experience
College degree preferred.
At least 1 year of mortgage loan sales and an active NMLS number
Origination and sales experience.
Encompass experience preferred.
This position is classified as Exempt under the Fair Labor Standard Act. Mortgage Loan Officers must be customarily and regularly engaged in making sales away from the bank's places of business. Compensation for this position is 100% commission based.
Supervisory Responsibility
This position has no supervisory responsibilities.
Work Environment
This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.
Physical Demands
This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary.
Travel
Travel may be required for this position.
Equal Opportunity/Affirmative Action Employer M/F/disability/protected veteran status
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Loan Processor/TRID Specialist
Loan specialist job in Marshall, VA
Job Description
Grow with us at Oak View National Bank! At your community bank, we pride ourselves in employing diverse and dedicated professionals who want to provide the highest level of service to our customers, both internal and external.
We Offer:
Opportunities to grow and advance
People-friendly work culture
Diverse and collaborative team environment
Community-focused mission and values
Job Summary:
Inputs and updates loan data into bank's computer system. Prepares, assembles, and verifies the accuracy of loan documentation packages in support of loan applications and as required by the Loan Officer. Provides related customer service; processes pay-offs; and verifies collateral and insurance on new and existing loans. The Loan Processor/TRID Specialist prepares and services loans of a more complex type and amount, and/or requiring greater analysis and documentation.
This position is based on-site at our Marshall, VA location. Please note that remote or hybrid work options are not available for this role.
Essential Functions:
Detailed knowledge of TRID including preparing Loan Estimates and Closing Disclosures is essential.
Knowledge of the consumer mortgage process along with disclosure timelines is required.
Must be able to work with all loan officers and to keep the loan process on track according to regulation timelines.
Ensures loan disclosure are prepared in accordance with the terms and conditions per the application and in compliance with regulatory requirements including TRID and Reg A.
Communicate with loan officers for any additional information needed to prepare loan disclosures.
Obtains fee estimates from title or settlement agents and other due diligence as required.
Orders flood certificates, appraisal/evaluations, title work, pulls credit reports and prepares all disclosures, notes and collateral supporting documents on all TRID loans.
Ensure work is completed by deadlines and accurately by planning, coordinating and monitoring daily activities.
Working knowledge of complex consumer transactions, understanding title reports and exceptions and thorough knowledge of Loan Estimates and Closing Disclosures and other loan documents and ensuring all loan documentation is accurately prepared.
Provides administrative assistance to the Loan Officer and staff, including updating loan data into the bank's computers, and assembling documentation to support customer loan applications and facilitates loan officer approval process and loan closing
Ensures that loan files contain documents with proper signatures, dates, and other relevant data.
Prepares, assembles, and verifies accuracy of loan documentation.
Checks documents for proper vesting, legal descriptions, closing dates and signatures.
Maintains new and paid customer loan files. Performs variety of clerical duties requiring knowledge of departmental procedures. Use office computers for data input and other activities.
Answers telephone and written inquires concerning loan processing and information.
Cross-markets bank products and services as appropriate.
Maintains insurance on collateral.
Processes paid-out notes and releases collateral.
Orders coupon books.
Provides notary services to customers as a licensed Notary Public.
Performs other duties and special projects, as assigned.
Job Requirements:
High school diploma or equivalent.
Two or more years of experience in TRID loan processing.
Knowledge of Regulations, B, Z, RESPA, Truth-in-Lending, and any other federal and state laws
Must demonstrate a high level of attention to detail, inductive reasoning and high accuracy using computer systems to enter large volume of complex information is required.
Must be self-educating and able to work with little direct supervision is required.
Must be able to work with multiple loan officers and at high volumes.
Successful completion of in-house training programs and/or assigned outside training programs.
Good understanding of financial institution products and services.
Strong analytical, mathematical, and oral and written communication skills and attention to detail.
Computer literacy in spreadsheet, word processing and database applications.
Physical/Mental Requirements:
Ability to carry heavy files, up to 20 pounds.
Ability to access and replace files requiring stooping and step stools.
Ability to sit for long periods of time, and to stand, walks, reach, climb.
Manual dexterity for keyboarding and calculating.
Visual acuity and ability to concentrate on details for long periods of time.