Junior Loan Assistant - TRID
About The Position
Performs a wide variety of clerical and administrative support to TRID Loan Officers. Coordinates the processing of approved new TRID loans, extensions, modifications, and any other documentation as necessary. Assists with collecting all documents needed to be in compliance with RESPA guidelines. Provides backup support to other loan and administrative assistants when necessary. Exercises independent judgment under moderate supervision. Conducts relationships and activities consistent with established Bank policies, procedures and systems, the corporate code of conduct, Bank Secrecy Act and all applicable State and Federal laws and regulations. Knowledgeable in all TRID loan regulations including HMDA, TILA-RESPA, and Reg B. Report any exceptions promptly and prior to disbursement. New Loans: Order flood certifications, appraisals, pest inspections, title insurance, UCC searches, and surveys as needed. Review loans in process for accuracy, technical exceptions and adherence to policies, laws and regulations; reports exceptions to immediate supervisor and/or TRID loan officer. Close loans and disburse loan proceeds. Ensure documents are recorded and legal filings complete. Follow up on documentation exceptions and/or any outstanding items such as financial statements or evidence of insurance. Extension, Modification, and Deferral Agreements. Maintain follow-up system to ensure documents are returned in a timely manner. Update records and verify that files are complete and accurate. Other duties as assigned
Requirements
- Willingness to assume additional responsibilities/ duties/ projects as they arise.
- Ability to maintain regular and punctual attendance.
Responsibilities
- Performs clerical and administrative support to TRID Loan Officers.
- Coordinates the processing of approved new TRID loans, extensions, modifications, and any other documentation as necessary.
- Assists with collecting all documents needed to be in compliance with RESPA guidelines.
- Provides backup support to other loan and administrative assistants when necessary.
- Knowledgeable in all TRID loan regulations including HMDA, TILA-RESPA, and Reg B. Report any exceptions promptly and prior to disbursement.
- Order flood certifications, appraisals, pest inspections, title insurance, UCC searches, and surveys as needed.
- Review loans in process for accuracy, technical exceptions and adherence to policies, laws and regulations; reports exceptions to immediate supervisor and/or TRID loan officer.
- Close loans and disburse loan proceeds.
- Ensure documents are recorded and legal filings complete.
- Follow up on documentation exceptions and/or any outstanding items such as financial statements or evidence of insurance.
- Maintain follow-up system to ensure documents are returned in a timely manner.
- Update records and verify that files are complete and accurate.
- Other duties as assigned
Benefits
- Central Bank offers a competitive benefits program.
- Click here [https://www.centralbank.net/careers/employee-benefits/] for employee benefit information.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
