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CMG Financial · 23 hours ago

Mortgage Production Assistant (LOA) Albuquerque, NM

Albuquerque, NM

Full-time

Onsite

Entry, Mid Level

$18/hr - $22/hr

2+ years exp

CMG Home Loans is hiring a Production Assistant (Loan Officer Assistant) onsite in Albuquerque, NM who will provide support to a top producing Loan Officer with the loan application set up, review and loan pre-qualifications. The role involves reviewing applications, making product recommendations, and ensuring all necessary documentation is complete and accurate.

BankingMortgage

Growth Opportunities

Responsibilities

Review daily prequalification & prospect pipelines for new applications and needed follow-up

Parter with Loan Officer to prioritize applications that need review/completion

Review all applications for completion and accuracy with each borrower directly

Ensure all BYTE screens are complete without error (to include all VA screens/net tangible etc )

Note all correspondence with the borrower in CLEAR via Scratchpad for LO review

Make appropriate product recommendations to the Loan Officer based on the borrowers application and qualification

RUN AUS (both LP & DU on all files)

Send updated Closing Costs Worksheets based on the requests/needs of borrowers

Research & Confirm guidelines for products to ensure product recommendations are appropriate based on the borrowers application information

Note the 'loan story' in the BYTE Cover Letter - Submission Notes Screen

Run Fees and review LE to ensure fees look correct – request assistance from compliance/disclosure desk if necessary

Request disclosures

Request client documentation based on AUS recommendations– update application based on documentation provided and ensure qualification still stands

Order preliminary title report

Order appraisals

Review income analysis from the Loan Officer if applicable

Complete income worksheets, rental worksheets, loan beam etc. as applicable

Once a CONTRACT is received, review the contract input contract data into BYTE – ensure a FULL tri merge is pulled, update liabilities if applicable, review income and assets with the borrower and update the system as necessary. Confirm all employment information is unchanged. Remove any income and assets NOT needed for qualification purposes and run NEW AUS

Submit NEW LOAN FILE checklist to Pipeline Manager when file is ready for review

For FILES in process – handle any system updates for restructuring to include OB submissions

Submit requests for Rapid Rescores

Qualification

Mortgage industry experienceBilingual in SpanishPoint softwareMicrosoft Office proficiencyHigh integrityMortgage terminologyCommunication skillsWork in fast-paced environmentConfidentiality