Residential Loan Administrator

2 months ago

Wakefield, United States Wakefield Co-operative Bank Full time

**Position Overview**

**Major Responsibilities/Activities**
- File setup
- Application data verification
- Loan costs and fees verification
- Vendor verification
- Determining, requesting and gathering applicable applicant documentation
- Issuing initial and amended LE and disclosures
- Requesting and gathering applicable documentation for underwriting conditions
- Issuing initial and amended CD
- Issuing closing packages
- Responsible for working with customers via all channels of communication.
- Responsible for compliance with all applicable federal and state regulations and secondary market guidelines, policies and procedures.
- Attends/completes relevant courses and seminars, as assigned.

**Qualifications, Requirements and Skills**
- Minimum of five or more years' experience in residential loan administration.
- Extensive working knowledge of Encompass LOS
- Knowledge of Fannie Mae products and guidelines.
- Knowledge of other secondary market products and guidelines.

**Other Skills/Abilities**
- Exceptional customer service skills, ability to multi-task and a cooperative team approach is essential.
- Proficiency in all relevant computer technology.
- Adherence to corporate dress code.
- Regular attendance and punctuality is essential to this position.

**Other Duties**

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is expected that from time to time other duties, both related and unrelated to the above, may be assigned and therefore, required.

Pay: $58,300.00 - $64,300.00 per year

**Benefits**:

- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Referral program
- Retirement plan
- Vision insurance

Schedule:

- 8 hour shift

**Experience**:

- Fair Housing regulations: 1 year (preferred)
- Customer service: 1 year (preferred)

Work Location: In person

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