Loan Transaction Coordinator
3 weeks ago
About the Role
We are seeking an experienced Loan Transaction Coordinator to join our team at Merchants Bancorp. As a key member of our mortgage banking team, you will play a critical role in ensuring the successful processing of mortgage loan transactions.
Your primary responsibilities will include coordinating with loan officers to gather customer data, reviewing submitted documents, and verifying compliance with company policies and investor guidelines. You will also be responsible for pre-underwriting investor loans and full underwriting of portfolio loans.
To succeed in this role, you should have a minimum of five years of experience in mortgage banking, preferably in origination, closing, or processing. Familiarity with common mortgage documents and strong organizational skills are essential.
A competitive salary range of $60,000 - $80,000 per year is offered, depending on experience. Our Carmel, IN headquarters provides a dynamic work environment with opportunities for growth and development.
- Gathering customer data and collaborating with loan officers
- Reviewing submitted documents for completeness and accuracy
- Verifying compliance with company policies and investor guidelines
- Pre-underwriting investor loans and full underwriting of portfolio loans
- Maintaining periodic file reviews with loan officers
- Staying up-to-date on compliance and regulatory guidelines
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