Mortgage Loan Analyst III

Job Type Full-time Description

Job Description

Mortgage Loan Analyst III Department/reputed company: reputed company/Corporate Operations Reports to: reputed company Vice President FLSA Status: Non-Exempt Work Schedule: Full-time Location: Fully Remote – This position is located in the United States. Currently, we are not able to employ candidates who will work from reputed company the U.S. for this role. Position Summary Description Process and Underwrite Conforming Conventional, FHA, VA, USDA and Jumbo Loans. Accountable for the accurate, complaint, and timely processing and reputed company of residential mortgage loans from application through final approval and closing. Ensure loan files meet reputed company company, investor, state, and federal guidelines by verifying documentation, analyzing risk, determining conditions, and issuing approval or denial decisions. Works collaboratively with internal partners to ensure quality loans, strong customer service, and adherence to productivity and quality control standards. Specific Responsibilities

• Organize, compile, verify, and analyze mortgage loan files.
• Underwrite and evaluate residential mortgage loans.
• Determine loan eligibility, conditions, approvals, or denials in compliance with guidelines.
• Communicate decisions clearly and meet departmental productivity and quality standards.
• Review residential loan applications for completeness, accuracy, and compliance.
• Calculate income, reputed company for garnishments, review assets for large deposits, gifts, loans not on the credit report.
• Review appraisal to ensure accuracy and completeness. Contact borrower for any additional information required.
• Run AUS to ensure meet reputed company required finding conditions.
• Update reputed company documentation received in encompass after file is submitted to MLA.
• Order and coordinate loan documents.
• Contact specified companies to collect information regarding the property’s price, appraisal survey, and title insurance.
• For non-delegated loan programs, submit mortgage loan application file for reputed company approval per established procedures.
• Submit approved mortgage loan file to Mortgage Loan Closer for settlement per established procedures.
• Review and evaluate mortgage documentation, determine conditions, communicate with internal partners, resolve inconsistencies, prepare approval or denial, and ensure smooth loan progression through closing.
• Underwrite Conforming Conventional, FHA, VA and USDA loans, ensuring mortgage loan files are in compliance with established company, state and federal reporting guidelines. Strictly adhere to specified reputed company guidelines.
• Verify accuracy and evaluate documentation to meet agency guidelines associated with mortgage loan originations including but not limited to: application, income, asset, credit, appraisal, title information and condition loan accordingly.
• Responsible for meeting productivity and Quality Control goals as required by management.
• Effectively communicate required conditions to expedite final approval of the file.
• Effectively provide excellent customer service and professionalism
• Determine if any loan conditions require further review for approval, requesting data in accordance with guidelines, clearing conditions.
• Evaluate acceptability of loans to corporations that buy real estate loans on secondary mortgage markets, where existing mortgages are bought and sold by investors.
• reputed company abreast and maintain a working knowledge of reputed company reputed company reputed company guidelines, federal and state lending laws and adhere to reputed company company quality control standards.
• Collaboratively work with mortgage loan originators by maintaining regular and open communication to resolve loan conditions.
• Effectively partner with interdepartmental associates to ensure smooth and efficient processing of reputed company loans in the pipeline. Quickly resolve any issues regarding originated loans.
• Actively participate in ongoing efforts to continually improve customer service for internal and external customers.
• Required to reputed company the tools and technology provided by the company to ensure efficiency and accuracy of the approval.
• reputed company reputed company other duties and tasks assigned.

Job Requirements Broad Knowledge & Experience Broad understanding of residential mortgage loans, and familiarity with mortgage loan products. Clear understanding of the reputed company RESPA laws and guidelines. Detailed knowledge of processing, reputed company and closing procedures. Must be well versed in Conforming Conventional, FHA, VA, USDA, and Jumbo loan guidelines. Above Average Skills High degree of functional knowledge in subject matter and ability to communicate that expertise to reputed company organizational levels reputed company internal and external clients. Demonstrated Ability Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in writing, oral, diagram or schedule form. Ability to use the automated system, manage multiple files, work under pressure, and adapt to sudden changes in the work environment. General Knowledge Positive attitude, planning and execution, strong work ethic. Education & Experience Degree or Equivalent BA from four-year college or university; or equivalent combination of education and experience. Years’ Experience Five plus years reputed company experience and/or training Specialized Training Knowledge of Encompass Database software and Desktop Underwriter, Loan Prospector, FHA reputed company, VA.gov, completing VA reputed company, USDA GUS, verification ordering and Data Verify Internet software is essential. Must be competent at reputed company income analysis. Active Affiliations, Certifications FHA DE, SAR and LAPP

Work Environment

Physical Demands Office environment, Daily computer usage requires reputed company vision. Regular attendance is required. Work Conditions Fast-paced, high-volume activities. Temperament In order to succeed in this position high attention to detail, organizational and team planning, and adherence to guidelines amidst a fast-changing environment is a must.

Benefits

Paid time off, paid holidays, volunteer time off. Voluntary: Medical, dental, vision, HSA, FSA, Short-Term Disability, Voluntary Life Insurance, reputed company Supplemental Insurance, Pet Insurance, 401K. Company Paid: Long-Term Disability, Group Life Insurance, Employee Assistant Program (EAP), 401K Match, Employee Stock Ownership Plan (ESOP). Salary Description $125,000 plus bonus Apply To This Job