Loan Setup Coordinator (6816)

NEW FED MORTGAGE CORPDanvers, MA
$23 - $25Remote

About The Position

At NewFed Mortgage, our mission is to make the mortgage process smooth, transparent, and service-focused — for both our borrowers and our team. As part of our vision to create a culture rooted in integrity, collaboration, and continuous improvement, we provide meaningful opportunities for individuals to grow their careers while supporting a high-functioning, people-first environment. The Loan Set Up Coordinator plays an essential role in supporting the loan lifecycle. This entry-level position is a great opportunity to build a foundation in the mortgage industry. You’ll help ensure that files are organized, team communications are timely, and loan processes move efficiently — all while gaining valuable experience across multiple facets of mortgage operations. You’ll work closely with loan officers, processors, and production partners to help move files efficiently and compliantly through the pipeline.

Requirements

  • High school diploma or equivalent.
  • Comfortable navigating the internet and vendor systems to research, order, and track documentation.
  • Clear and professional in both verbal and written communication to ensure accurate information exchange.
  • Intermediate skills with Word, Excel, and Outlook to complete documentation, tracking, and correspondence.
  • Efficient and accurate when entering data into systems to maintain reliable records.
  • Persistent and organized in tracking outstanding items to ensure timely completion of tasks.
  • Able to perform efficiently and accurately when faced with tight deadlines or competing priorities.
  • A professional, distraction-free home workspace and reliable high-speed internet are required.
  • Must be able to work for extended periods at a desk using a computer, telephone, and other standard office equipment.

Nice To Haves

  • Familiarity with TRID, industry processes and terminology is helpful, though not required.

Responsibilities

  • Order and track appraisals, title commitments, flood certifications, FHA Case Numbers, VA Certificates of Eligibility, and other loan-level verification.
  • Prepare and deliver accurate, TRID-compliant initial disclosures in accordance with regulatory timelines and company policy.
  • Track outstanding items, follow up with vendors and internal teams, and ensure timely completion of third-party orders.
  • Review incoming documentation for completeness and accuracy to ensure loans are properly set up for processing.
  • Communicate with loan officers, processors, and production partners to provide updates on loan setup status.
  • Respond to internal team inquiries and provide status updates by phone and email, in collaboration with processing and sales teams.
  • Ensure loan set-up activities align with company policies, TRID requirements, and applicable regulations.
  • Assist with ongoing projects and other administrative tasks such as scheduling, report preparation, correspondence, and other clerical responsibilities.

Benefits

  • 401(k) participation
  • Paid Time Off (vacation time, sick time, personal time, and company holidays)
  • Company match for 401(k)
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