New American Funding ยท 4 hours ago
Loan Officer Assistant
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Financial ServicesLending
No H1B
Insider Connection @New American Funding
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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
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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
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.
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
2024-10-25
2024-05-24
2024-05-24
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