Loan Review Analyst Cash Out

Moder

87d

About The Position

The Loan Analyst, Ops is responsible for preparing loan files for underwriting review. The Loan Analyst will be responsible for determining that all borrower documents and third-party documents meet agency and Freedom Mortgage guidelines.

Requirements

• 4 year college degree preferred or 1 to 2 years previous experience in a mortgage environment
• Must be able to work independently or as part of a team in a high-paced environment
• Working knowledge of MS Office skills required

Responsibilities

• Review the appropriate credit, income, property, and asset documentation for VA and FHA cash out loans and conventional cash out and rate term loans
• Validate submitted information from the borrower is complete and accurate
• Validate that 3rd party documentation is complete and accurate including but not limited to: title, appraisal, insurance, credit supplements
• Communicate accuracy of documents in O.S by updating appropriate fields
• Enter detail comments in OS
• Run PredProtect
• Run DU or LP and be able to resolve errors
• Run and review FraudGuard
• Scan applicable checklists into EDMS
• Communicate with other departments additional needs to receive final approval from underwriting
• Maintain regular and punctual attendance
• Perform other related duties as assigned

What This Job Offers

• Education Level: Bachelor's degree