Home Loan Specialist II
About The Position
The Home Loan Specialist is an entry-level role supporting various channels. The individual acts as a key contributor to facilitate efficient and effective processes that support business and customer service objectives. Responsibilities may be limited within a specific function/channel or across functions/channels. We are seeking a self-starter who thinks outside the box to join our team as an Income Specialist. The primary focus of this role is to calculate, review, and analyze various types of income, including financial, rental, business, and military income.
Requirements
- Strong understanding of loan processing and investor guidelines
- Excellent analytical skills to assess DTI and LTV requirements
- Ability to work collaboratively in a team-focused environment
- Team player with strong attention to detail and ability to work independently
- Proven track record of delivering timely and accurate information in a fast-paced environment
- Proficiency with computers and mainstream applications (Microsoft Office, Google Suite, etc.)
- General understanding of applicable Federal, State, and Local regulations
Responsibilities
- Perform routine data entry and validation tasks
- Initiate third-party orders (title, appraisal, hazard, flood certification, credit, etc.)
- Review and validate loan documents
- Handle routine calls, emails, and/or chat responses
- Monitor work queues and intervene as needed
- Interact with multiple departments to expedite processing and issue resolution
- Evaluate and process loan applications, ensuring all necessary conditions are met before proceeding
- Halt processing if credit checks reveal issues or if specific conditions are not satisfied
- Review and rework loan applications as needed to meet investor guidelines
- Ensure adherence to investor guidelines, particularly regarding Debt-to-Income (DTI) and Loan-to-Value (LTV) ratios
Benefits
- Medical, dental & vision
- Critical Illness, Accident, and Hospital
- 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
- Life Insurance (Voluntary Life & AD&D for the employee and dependents)
- Short and long-term disability
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time Off/Leave (PTO, Vacation or Sick Leave)
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What This Job Offers
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
