Mortgage specialist vs mortgage loan specialist

Differences between mortgage specialist and mortgage loan specialist duties and responsibilities

Mortgage specialist example responsibilities.

• Manage internal team SharePoint and document repository.
• Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
• Work due diligence and process loans per FHLMC guidelines on conventional, USDA, FHA/VA and CHFA/DAP loans.
• Advise clients with mortgage needs by providing information regarding traditional and government programs, including USVA, FHA and VA loans.
• Review HUD-1's to confirm fees and charges with initial GFE and RESPA compliance, order wire and provide funding approval.
• Maintain a working knowledge of FDCPA 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.