Senior loan consultant vs home mortgage consultant

Differences between senior loan consultant and home mortgage consultant 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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Home mortgage consultant example responsibilities.

• Analyze applications to manage customer data and ensure an accurate loan origination process for purchase and refinance transactions.
• Originate home loans for customers with various financing needs that include conventional, VA & FHA loans and high-risk consumers.
• Advise customers regarding other foreclosure prevention alternatives including short sale and deed in lieu.
• Register with NMLS and S.A.F.E.
• Determine workout options including loan modifications, pre-foreclosure sale, deed in lieu, repayment plans and forbearance agreements.
• Continue with on going training for new or experience collection counselor about information systems and collection guidelines in accordance with FDCPA.
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