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Purchase Acquisitions Coordinator

2 months ago

Boca Raton, United States NQM Funding, LLC Full time
Job DescriptionJob Description

NQM Funding, LLC aka Premier Mortgage Associates is a mortgage company with a 25-year history of helping people become new homeowners and refinancing others into a better financial situation. Serving clients needs is the core of our business. This basic principle of putting “the client first” is the reason we close loans based upon relationships, not leads. NQM Funding, LLC is not your typical mortgage company…and our clients appreciate that.

Our Corporate Headquarters, located in Boca Raton, Florida, is looking to hire a Purchase Acquisitions Coordinator.

ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 50 MBPS.

Job Title: Purchase Acquisitions Coordinator

Reports To: Post-Closing Acquisitions Manager/Director of Acquisitions

FLSA Status: Non-Exempt

Department: Post-Closing

Division: Retail/Wholesale/Correspondent

Annual Salary: $35K - $50K

Summary: Responsible for working with diligence companies to review and purchase loans for NQM Funding, LLC Correspondent Channel. This also includes assistance in diligence clearance of Retail/Wholesale loans to finalize end purchase with investors.

Duties and Responsibilities include the following. Other duties may be assigned.

  • Tracks pipeline for loans reviewed by diligence to vet conditions before release to correspondent client.

  • Uses critical thinking and loan knowledge to request exception requests or waivers as applicable to each loan.

  • Must have knowledge of NONQM and Business Purpose Loans

  • Must have knowledge of TRID and TRID rules required to review and vet loans for cures or the completion of cure documents.

  • Must have knowledge of the workings of a Closing Disclosure and escrows for input of escrow data into Loan Operating System.

  • Maintains a friendly and constant relationship with correspondent clients to facilitate loan purchase and request escalations on loans for purchase as needed.

  • Tracks loans within individual pipelines daily to expedite purchase of loan. This includes reaching out to client, lock desk, AEs, etc. until missing or requested items are received.

  • Tracking Retail/Wholesale loans assigned and clearing diligence conditions.

  • Retrieves and uploads Purchase Advises to the system and indicates received date to keep pipeline current.

  • Retrieves and uploads Reliance Letters to the system and indicates received date to keep pipeline current.

  • Other assigned tasks or responsibilities that may not be delineated above.

Skills:

  • Critical thinking and problem-solving skills
  • Decision-making
  • Persuasiveness
  • Delegation
  • Negotiation
  • Adaptability
  • Planning and organizing
  • Communication skills
  • Influencing and leading
  • Teamwork
  • Conflict management
  • Stress tolerance

Education/Experience:

Degree: High School Diploma or Equivalent.

Encompass experience preferred.

NQM Funding, LLC offers the following benefits:

  • Medical Plan
  • Dental Plan
  • Vision Plan
  • GAP Insurance
  • Life Insurance paid by the company
  • Voluntary Life Insurance
  • 401K
  • Pet Insurance
  • Legal Shield/ID Shield

Equal Employment Opportunity:

NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.

NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.

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