Licensed Loan Officer Assistant

6 days ago


Stockbridge, Georgia, United States New American Funding Full time
Job Summary

We are seeking a highly skilled and experienced Licensed Loan Officer Assistant to join our team at New American Funding. As a key member of our mortgage operations team, you will play a critical role in supporting our loan origination staff and processing team.

Key Responsibilities
  • Customer Communication: Communicate with customers, real estate agents, and escrows to gather necessary documentation and provide updates on loan transactions.
  • Documentation Collection: Collect and verify customer documentation, including income statements, asset statements, and initial disclosures.
  • Loan Origination Support: Assist loan originators with preapprovals, loan structuring, and pricing options.
  • Transaction Management: Update all parties on the status of loan transactions and manage lock expiration dates.
  • Ordering and Verifications: Order standard loan requirements and verifications, such as title, escrow, appraisal, and verification of employment and assets.
Requirements
  • NMLS License: Must be NMLS licensed.
  • Product Knowledge: Demonstrate proficient knowledge of FHA, VA, Conventional, and other loan programs, including Home Equity Lines of Credit and 2nd Mortgages.
  • Analytical Skills: Ability to analyze tax returns and accurately calculate income for all types of borrowers.
  • Professionalism and Communication: Maintain a high level of professionalism, customer service, and communication with customers, processors, and loan officers.
  • Technical Skills: Proficient with Encompass and understanding of compliance regulations and investor guidelines.
  • Industry Knowledge: Knowledge of commonly used terminology, concepts, and practices within the mortgage industry.
  • Time Management: Ability to meet time deadlines while working under pressure.
  • Flexibility: Ability to work a flexible schedule, including some evening and weekend hours.
Education and Experience
  • Experience: Two or more years of recent mortgage operations, underwriting, and/or processing experience.
  • Current Experience: Current hands-on loan officer assistant, processing, or underwriting experience.
  • Program Knowledge: Knowledge of and experience working with FNMA, FHLMC, FHA, VA, and other refinance and purchase loan programs and mortgage insurance guidelines.


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