Mortgage Loan Originator Assistant

CENTRAL BANCOMPANY, INC. • Edmond, OK

1d

About The Position

Prepares and distributes required disclosures for mortgage loans.
Works with borrowers to obtain required documents, answer questions, and perform
other administrative tasks related to the mortgage loan process.
Ensures accuracy of information in the loan pipeline and updates as necessary.
Requests verifications of employment, mortgages, deposits, and other
documentation required by loan guidelines.
Enters required information from denied loans in system; prepares denial letters
to notify customer of adverse action.
Conducts research necessary to complete any missing fields on initial loan
application.
Completes Home Mortgage Disclosure Act (HMDA) worksheets and verifies the
accuracy of the information.
Coordinates loan closings with borrower(s) and title company.
Completes post-closing review of loan documentation to ensure all required
signatures are present.
Scans closing documents into Blitz Docs following loan closing.
Conducts shipping functions including verifying that the loan is balanced in the
system and all items are properly labeled, verifying that the necessary
documentation is loaded into Blitz Docs.
Performs post-closing compliance review of loan file.
Reviews Fannie Mae quality control files and correspond as necessary.
Reviews Central Mortgage Company quality control files and type responses and
correct items as necessary.
Helps facilitate Mortgage Lending audits.
Ensures that loan is moving through processing and underwriting and that it is
on track to meet closing date.
Serves as local contact with holding company’s fulfillment center to answer
questions related to processing and underwriting.
Performs other administrative tasks as assigned.

Requirements

• High school diploma or equivalent
• At least one year of experience with satisfactory balancing and accuracy record
• Ability to accurately and efficiently operate office equipment including computers, calculators/adding machines, telephones, voice mail, electronic typewriters, copy machines, fax machines, automatic currency counter, coin machine, check encoder, remote capture machine, and security devices.
• Knowledge of spreadsheet and word processing software
• Ability to read, write, and speak English
• Ability to read and comprehend instructions, correspondence, and memos
• Ability to compose correspondence
• Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals
• Ability to compute rate, ratio, and percent
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
• Ability to deal with problems involving several concrete variables in standardized situations

Nice To Haves

• Previous mortgage experience preferred
• Previous administrative experience preferred
• Knowledge of bank accounts and services, policies and procedures, and regulations preferred
• Experience with banking software preferred

Responsibilities

• Prepares and distributes required disclosures for mortgage loans.
• Works with borrowers to obtain required documents, answer questions, and perform other administrative tasks related to the mortgage loan process.
• Ensures accuracy of information in the loan pipeline and updates as necessary.
• Requests verifications of employment, mortgages, deposits, and other documentation required by loan guidelines.
• Enters required information from denied loans in system; prepares denial letters to notify customer of adverse action.
• Conducts research necessary to complete any missing fields on initial loan application.
• Completes Home Mortgage Disclosure Act (HMDA) worksheets and verifies the accuracy of the information.
• Coordinates loan closings with borrower(s) and title company.
• Completes post-closing review of loan documentation to ensure all required signatures are present.
• Scans closing documents into Blitz Docs following loan closing.
• Conducts shipping functions including verifying that the loan is balanced in the system and all items are properly labeled, verifying that the necessary documentation is loaded into Blitz Docs.
• Performs post-closing compliance review of loan file.
• Reviews Fannie Mae quality control files and correspond as necessary.
• Reviews Central Mortgage Company quality control files and type responses and correct items as necessary.
• Helps facilitate Mortgage Lending audits.
• Ensures that loan is moving through processing and underwriting and that it is on track to meet closing date.
• Serves as local contact with holding company’s fulfillment center to answer questions related to processing and underwriting.
• Performs other administrative tasks as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED