Loan Processing Coordinator
3 weeks ago
About Our Company:
Coldwell Banker Premier LLC is a globally known real estate firm with 17 offices and over 250 agents. We are locally owned and operated, with each office having its unique culture fostered by collaboration among agents, brokers, and staff.
Our Core Values:
At Coldwell Banker Premier LLC, our core values are simple: 'just do the right thing.'
Job Description:
The Loan Processing Coordinator will play a crucial role in ensuring smooth loan operations. This involves managing loan file assignments, processing submissions, and ensuring timely completion of disclosure requests. The ideal candidate should have strong experience in mortgage operations or loan processing, be highly detail-oriented, and possess excellent organizational skills.
Responsibilities:
- Manage loan file assignments to processors and verify submission team access to pending disclosure files
- Guarantee same-day completion of submission requests, track hard stops, address delays, and ensure timely sending of initial Closing Disclosures (CDs)
- Ensure processors contact borrowers and Loan Officers within 48 hours of receiving files, disclosures are signed, appraisals ordered, and initial CD is signed if required
- Closing Oversight: Confirm CDs pre-balanced 72 hours before clear-to-close, verify pricing accuracy with LOs, and ensure closing package ready within 48 hours
- Administrative Tasks: Assist with onboarding new Loan Officers, handle some marketing duties, and manage post-close compliance
Daily Responsibilities:
- Lead morning file assignments and pipeline meetings
- Audit conditional approvals to identify and resolve performance bottlenecks
- Track Closing Disclosures (CDs) and ensure performance timelines met for full compliance
Qualifications:
- Strong experience in mortgage operations or loan processing
- Highly detail-oriented with excellent organizational skills
- A proven leader with strong communication skills and ability to manage team performance
Estimated Salary Range: $33,000.00 - $35,000.00 per year
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