Production Assistant

New American Funding

7d • $20 • Remote

About The Position

The Production Assistant will be responsible for but not limited to assisting origination staff (loan officers, sales managers, etc.) with loan setup by preparing and reviewing loan documents, entering application information into the Encompass loan system, and work closely with all parties involved in the loan process including but not limited to customers, loan officers, escrow, title, etc., to order and collect additional loan documentation.

Requirements

• Current product knowledge of FHA, VA, Conventional and other loan programs.
• 2+ years processing experience
• Encompass 360 experience
• Demonstrate working knowledge of federal and state guidelines, rules and regulations such as RESPA, TILA, HMDA, etc.
• Excellent written and oral communication skills.
• Required HS diploma in related field or experience equivalent
• Must be able to verify identity and employment eligibility to work in the U.S.

Nice To Haves

• 2+ years' working in operations; Processing, Underwriting, Funding, Jr. Processing, and/or Loan Setup

Responsibilities

• Communicate clearly and effectively with customers, loan agents and other third parties involved in the mortgage loan transaction.
• Prepare the file by reviewing loan application and obtaining additional documentation as needed.
• Verify the file is locked until final UW submission and disclosures are sent, and validate that the 1003 is completed; missing documentation is identified and depending on severity of file may continue to be processed or returned to the loan officer.
• Accurately enter loan application information into the Encompass loan system.
• Confirm Title and Escrow have been ordered.
• Stack file in proper stacking order.
• Order FHA case number and query, refinance authorization if applicable.
• Order 4506, print property profiles and elevate the file to Processing.
• Other duties may be assigned.

What This Job Offers

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