Mortgage clerk vs transaction coordinator

Differences between mortgage clerk and transaction coordinator duties and responsibilities

Mortgage clerk example responsibilities.

• Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
• Insure government loans utilizing VA and FHA website.
• Team player with imaging area and completing deliver FNMA, PNC.
• Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
• Process and underwrite conventional purchase and refinance mortgage transactions primarily under FHLMC guidelines in a centralize regional operations center.

Transaction coordinator example responsibilities.

• Manage scheduling loans for closing, handle insurance review, verify wire transfer, register and transfer loans with MERS.
• Manage and coordinate the workload of the release team members and are responsible for organizing and hosting all production release windows.
• Ensure all documents are completed and in accordance with DRE standards.
• Review and explain HUD with borrowers and loan officers prior to closing.
• Verify that DRE disclosures requirements on all documents have been send on time.
• Coordinate closing - arrange closing date/time, order escrow check if need, review HUD.
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