New American Funding · 1 week ago
Licensed Loan Officer Assistant
New American Funding is a leading mortgage company, and they are seeking a Licensed Loan Officer Assistant to support their loan origination staff. The role involves communicating with customers, collecting necessary documentation, and assisting with loan structuring and pricing options.
Financial ServicesLendingMortgage
Responsibilities
Communicates with the customer (borrower), real estate agents and escrows at the start of the transaction
Collects customer documentation necessary to complete the loan transaction, such as income documentation, asset statements and initial disclosures documents
Assists loan originators with preapprovals and loan structuring
Assists loan originators with loan pricing options/support and managing lock expiration dates
Updates all parties with status of loan transaction as necessary
Ordering of standard loan requirements and verifications such as, title, escrow, appraisal, verification of employments, verification of assets etc
Qualification
Required
Demonstrate proficient product knowledge of FHA, VA, Conventional and other loan programs such as Home Equity Lines of Credit, 2nd Mortgages
Ability to analyze tax returns and accurately calculate income for all types of borrowers
Ability to maintain a high level of professionalism, customer service, and communication with customer, processor and LO
Proficient with Encompass
Understanding of compliance regulations and investor guidelines
Has knowledge of commonly used terminology, concepts and practices and procedures within the mortgage industry
Ability to meet time deadlines while working under pressure
Ability to effectively handle simultaneous tasks and projects in a fast paced environment
Able to effectively and efficiently work independently or as a member of a team
Must be able to work a flexible schedule that may include some evening and weekend hours
Must be NMLS Licensed
Two or more years' recent mortgage operations, underwriting and/or processing experience
Current hands on loan officer assistant, processing or underwriting experience
Knowledge of and experience working with FNMA, FHLMC, FHA, VA and other refinance and purchase loan programs and mortgage insurance guidelines
Must be able to verify identity and employment eligibility to work in the U.S
Must be able to lift up to ten pounds
Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a keyboard; and to verbally communicate to exchange information
See in the normal visual range with or without correction
Hear in the normal audio range with or without correction
Company
New American Funding
New American Funding provides cutting-edge marketing and technology efforts allow us to compete with large banks.
Funding
Current Stage
Late StageLeadership Team
Recent News
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