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Mutual of Omaha Mortgage · 14 hours ago

Loan Production Analyst

Seven Hills, OH

Full-time

Onsite

Mid Level

$23/hr - $25/hr

3+ years exp

Mutual of Omaha Mortgage is a Fortune 300 Company with an iconic brand and outstanding customer loyalty. The Loan Production Analyst role involves ensuring loan compliance with program guidelines, facilitating communication with clients, and managing the loan submission process to underwriting.

BankingFinanceFinancial ServicesMortgage

Responsibilities

Confirms loan meets program guidelines and contains necessary documentation so underwriting can issue a loan approval with 4 conditions or less

Ensure all introductory calls are made to clients within 24 hours of receiving the file

Completes thorough review of income and completes income calculation worksheet so underwriting can see how the loan was qualified

Verifies assets based on loan structure/type and AUS recommendations

Retrieves all MC 3rd party orders and assigns them accurately in e-folder

Reviews All Title Documents to Ensure Correct Vesting, Lien Removal

Orders/obtains condo warranty docs and subordination requirements when applicable

Reviews critically signed disclosures to ensure compliance

Submits acceptable loan file to underwriting; including all necessary documentation and identifies any special/abnormal circumstances for underwriter

Contact borrowers for any missing/required information

Pull pipeline report prior to opening email and create priority list for the day

Review email

Follow up with outstanding stipulations/necessities to get loans already reviewed into underwriting

Review all new loans within 24 hours

Submit loans to underwriting prioritized in the following manner: 1. Purchases 2. Locked and appraisal in or locked and no appraisal needed 3. Locked and appraisal due 4. Appraisal in and not locked 5. Appraisal not in and not locked

Qualification

Mortgage loan processingVA/FHA loan processingFNMAFHLMCVAFHA knowledgeEncompass experienceIncome calculationManage pipelineDetail-orientedProblem-solving skills

Required

3+ years mortgage loan processing; including VA/FHA loan processing

Current and up to date with today's lending guidelines

Highly knowledgeable in FNMA, FHLMC, VA, and FHA loan products

Ability to calculate income without the use of spreadsheets---Ability to Manually Calculate All Income Sources (W2, SSI, Pension, Rental, Self Employment)

Ability to manage pipeline of 30+ loans

Experience using Encompass

Must Be Detailed Oriented, Focused, Can Create Urgency, & Has Critical Problem-Solving Skills