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Mortgage Application Specialist
2 months ago
Position Summary:
As a Mortgage Application Specialist, you will play a crucial role in the seamless processing of mortgage applications from initiation to completion. Your responsibilities will include evaluating applications, gathering and authenticating essential documentation, and ensuring effective communication with all parties involved. This position requires a keen eye for detail, exceptional organizational abilities, and a strong understanding of regulatory standards.
Compensation:$15 - $20/hr
Key Responsibilities:- Assess mortgage applications for thoroughness and precision
- Gather and structure necessary documentation
- Authenticate applicant details, including employment, income, and credit history
- Engage with loan officers and underwriters
- Guarantee adherence to industry regulations and internal policies
- Oversee timelines to ensure processing deadlines are met
- Deliver outstanding customer service and respond to inquiries
- Address discrepancies and challenges throughout the application process
- Conduct quality assurance checks on loan documentation
- Calculate debt-to-income ratios and assess loan eligibility
- Prepare loan documentation for underwriting evaluation
- Stay informed about current lending guidelines and regulations
- Update borrowers on the status of their loan applications
- Manage document dispatch, including HOI/Payoffs, Appraisals, and Pest inspections
- High school diploma or equivalent
- Proven experience in mortgage processing
- Comprehensive knowledge of mortgage products, underwriting procedures, and regulations
- Exceptional organizational and communication capabilities
- Detail-oriented with a commitment to accuracy
- Ability to work both independently and collaboratively in a dynamic environment
We provide competitive compensation and benefits packages. If you possess strong organizational skills and a thorough understanding of loan processing protocols, we invite you to consider this opportunity.
About Lending Force LLCAt Lending Force LLC, our loan officers excel in addressing all clients' financial requirements. Whether clients are purchasing, selling, refinancing, or constructing their ideal home, we cover all aspects. Given the ever-changing market conditions and mortgage programs, we ensure our loan officers are equipped with the necessary knowledge to provide prompt and accurate financial guidance. Our experienced loan officers possess the expertise needed to advance your career. We seek dedicated, hardworking individuals who take pride in their work.