Loan Officer Assistant

MUSTS:
1+ years of residential Mortgage Experience
Can handle up to 30 loans in a pipeline + pre-approvals up to 25-30 in addition, supported multiple loan officers
Hands on experience working in Encompass (hugely preferred) or another LOS
Great Communication
Experience communicating with Borrowers Directly (obtaining documents from them to input in system)
Knowledge in agency loans and FHA loans
Knows what a bank statement and W2 are
Has managed pre-approvals
Knows how to calculate borrower income
Knows mortgage guidelines
Experience reviewing loan applications, borrower documentation, income, assets, and credit for completeness and accuracy.
Experience pulling credit and running AUS (Automated Underwriting System) to support pre-approval decisions.
Experience preparing loans for submission into processing and underwriting and serving as a liaison throughout the process to keep files moving.
Experience ordering appraisals and handling required mortgage disclosures.
PLUS:
Bilingual Spanish – HUGELY PREFERRED
Data mining in encompass
NMLS license
DAY TO DAY:
We are seeking an LOA to come aboard the team as a full time employee. You will be an LOA to one of the most successful LO’s in the business and support his team of 4 LO’s. Daily you will support four Loan Officers throughout the residential mortgage loan process, from application through underwriting. Review applications in Blend and Encompass, work directly with borrowers to collect required documentation and resolve discrepancies, pull credit, run AUS, calculate income, and review assets and credit. Prepare files for pre-approval and submission to processing, maintain regular communication with Loan Officers and borrowers, and serve as a liaison throughout processing and underwriting to ensure files stay on track. Order appraisals, handle disclosures, and follow up on outstanding requirements to keep loans moving efficiently toward closing.

Work arrangement
Yes