Senior loan consultant vs escrow officer

Differences between senior loan consultant and escrow officer duties and responsibilities

Senior loan consultant example responsibilities.

• Manage all HMDA reporting, and performing post-closing review of loan documentation.
• Specialize in mortgage lending for customers with complex credit portfolios and government loan programs to include FHA and VA loans.
• Originate loans through FHA and conventional lenders through knowledge of programs guidelines and availability, following all of RESPA guidelines.
• Maintain customer files and documents in RESPA compliance.
• Oversee entire mortgage process including application, origination, underwriting and closing.
• Create and implement training protocol for new recruits across origination, processing and post-closing.
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Escrow officer example responsibilities.

• Manage escrow department for title insurance company.
• Perform closing for a variety of real estate escrows types, including but not limit to REO resale and resale escrows.
• Operate multi-line phone system and perform basic office procedures.
• Prepare closing documents, close escrow, TRID CD, clear title.
• Order conveyance deeds and other pertinent documents from outside vendors.
• Prepare documents to be record with county and return to mortgage company for conveyance.
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