Location: Austin, TX
Post Date: 03/24/2023
Residential Mortgage Lender
JOB FUNCTION:To generate mortgage production loans through external business development & internal partners. Will qualify borrowers; maintain compliance and quality control standards.DUTIES & RESPONSIBILITIES:โขBuild and maintain referral networks and relationships for bringing in new mortgage business.โขAdvise customers in the process of completing mortgage loan applications (1003)โขDetermine appropriate loan type for customersโ needs and educate customer on details of all loan typesโขDetermine loan requirements and advise customers regarding documentation required for transactionsโขPrepare and send initial disclosures to customers, complying with RESPA/TILA requirementsโขCorrectly calculate income and identify assets for borrowers per appropriate lenderโs guidelinesโขRun loan file information through Loan Prospector or Desktop Underwriting system to determine eligibility for agency loanโขManage customers and related service providers, including real estate agents, regarding appropriate expectations for documentation, process and closingโขPartner with processor on files to ensure loans close in a timely mannerโขCommunicate with customers regularly to ensure they have a clear understanding of the processโขExpand and regularly update knowledge base regarding RESPA, HMDA, MDIA, HVCC, Regulation B, Flood, and other regulations as applicableโขControl loan files to ensure compliance with regulatory requirementsโขExpand and regularly update knowledge base regarding underwriting requirements for conventional, FHA, and VA loansMINIMUM QUALIFICATIONS:Work Experienceโข2 yearsโ experience in mortgage loan origination, credit evaluation, underwriting, or processing.โขStrong compliance understanding & problem solving skills related to residential loan originationโขExceptional Customer Service, highly motivated, focused, and goal orientedPreferred Experience (Optional)โขExperience with existing referral sources & customer relationshipsโขExperience using Encompass LOS SystemโขProficiency in Spanish languageEducation/Skills/ExperienceโขHigh School Diploma or equivalentโขStrong interpersonal skillsโขStrong verbal and written communication skillsEquipment/Machines/SoftwareโขExcellent computer literacy in all Microsoft Programs (Outlook, IE 7 and 8 andother popular browsers, Word, Excel, Power Point, Adobe Reader)โขAbility to work with office equipment such as copiers, scanners, shredders, faxโขMortgage SoftwareโขWorking knowledge of Android/IPhone softwareCompetency RequirementsโขAbility to work effectively in high pressure environmentโขMust be able to hear and speak to communicate with customersโขProven organizational skills with ability to multi-task
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