Mortgage Loan Officer Assistant - Savannah, GA - Onsite
Description
The Mortgage Loan Officer Assistant supports loan officers in the end-to-end mortgage loan process—from pre-qualification through closing. This role ensures timely and accurate handling of loan documentation, client communication, and system updates, contributing to a seamless borrower experience and efficient loan pipeline management.
Key Responsibilities:
Loan Processing Support
· Assemble and verify loan documents for completeness and accuracy.
· Order and track third-party items (e.g., VOEs, appraisals, title work).
· Calculate income using pay stubs, W-2s, tax returns, and other documentation.
· Confirm assets and liabilities against application and supporting documents.
· Monitor credit activity using tools like Undisclosed Debt Monitor.
· Assist with obtaining documentation needed to obtain a clear to close.
Client & Team Communication
· Serve as a liaison between loan officers, borrowers, settlement agents, and internal departments.
· Conduct weekly pipeline calls with assigned MLOs.
· Provide timely updates to clients and referral partners.
Compliance & Documentation
· Send initial disclosures to loan applicants.
· Review Loan Estimates (LE) and Closing Disclosures (CD).
· Ensure compliance with TRID, TIL, and Change of Circumstance regulations.
System & Administrative Tasks
· Maintain accurate records in Encompass and other mortgage systems.
· Run AUS findings (DO and LP) and ensure documentation matches system inputs.
· Coordinate closings.
· Perform general administrative duties.