Loan Coordinator - US Mortgage
Summary
Coordinates US mortgage loan files by reviewing documents, setting up Encompass records, ordering appraisals, and tracking progress to ensure smooth processing and funding.
MUST HAVE US MORTGAGE EXPERIENCE. Order out experience required and encompass experience preferred.
You will review incoming files, complete order-outs, and be an all-around supportive team member to ensure that other teammates can focus effectively on their primary responsibilities.
You will review incoming files, complete order-outs, and be an all-around supportive team member to ensure that other teammates can focus effectively on their primary responsibilities.
- Track Lead Notes received from LO (Loan Officer)
- Monitor incoming “App Submitted” emails, and set up the Encompass files to align with LO Lead Notes
- Complete “File Set-up” review when App & Docs are received from the client
- Includes ordering credit, organizing docs in Encompass, correcting obvious errors on the client app, etc
- Send files to the Pre-Approval team when we have sufficient docs for them to complete their review.
- Run DU/LP and Order appraisals when needed (if no PIW/ACE)
- Send client needs list after initial file review
- Send client needs list after the Preapproval team completes their review
- Obtain correct EOI, VOE’s, and HOA docs when requested from LOA/Processor
- Ensure that EOI and other documents are correct at the time of funding to avoid funding delays
- Maintain a tracker of all files on their desk, including what is outstanding on each file, to ensure that no file slips through the cracks.
- Order out experience required
- Encompass experience preferred.
- Familiar in using office applications
- Proficient communication skills
- Great personality
- Finance and accounting experience is a plus
- Above market salary
- HMO for principal and two dependents
- Government-mandated benefits
- Performance-based Incentives
- Quarterly Company Events
- In-depth training for career growth
- Great Company Culture and HR experience
- 1,000 PHP De Minimis
- Equipment and software provided