Loan Partner
Job DescriptionAre you a Loan officer that is struggling to bring in new loans and does not like going out and getting new loans. Well then maybe the loan partner position is better suited for you. Under the direction of the Sales Manager or Branch Manager, the Loan Partner is responsible for working with prospective loan applicants to achieve loan approval. Duties:The essential functions of this position include, but are not limited to the following: INPUTTING QUICK 1003 IN PROSPECT FOLDER ON BORROWER WORKSHEET/MORTGAGE WORKSHEET IN ENCOMPASS FOR PREQUAL PULLING CREDIT AND IMPORTING TO FILE. MAKE SURE TO HAVE VERBAL AUTHORIZATION FROM BORROW. REVIEW FOR DEROGATORY ACCTS, INQUIRIES, ADDITIONAL ADDRESSES PULL MI QUOTE AND UPLOAD TO FILE IF APPLICABLE RUNNING AUS DU OR LP FOR PREQUAL BASED ON INFO PROVIDED IF GOOD LOAN, DETERMINE LOAN PROGRAM AND FUNDS TO CLOSE SENDING EMAIL (SIGNATURE LINE) REQUESTING REQUIRED DOCUMENTS FROM THE BORROW -2 YEAR INCOME DOCS, 2 YEAR ADDRESS HISTORY, ID, 2MTHS ASSET STMTS, CREDIT LOSSES (BK, FC, TRANSFER OF TITLE, ETC.) REO DOCS (MTG STMT, TAX BILL, HOI, HOA) SEND ECONSENT TO BORROWERS TO SET UP WEB CENTER ACCT COMPLETING FULL LOAN APPLICATION IN ENCOMPASS. MUST INCLUDE A FULL 2 YEAR ADDRESS AND EMPLOYMENT HISTORY REVIEWING PURCHASE CONTRACT OR REFI DOCS COMPLETING REG Z, 2015 ITEMIZATION WITH PROPER FEES FOR PURCHASE/REFI, ETC. REVIEWING THE LOAN ESTIMATE, PAYMENT AND FUNDS TO CLOSE. EMAILING BORROWER (SIGNATURE LINE) THAT YOU WILL BE SENDING OUT DISCLOSURES COMPLETING REQUIRED FORMS IN ORDER TO SEND E-DISCLOSURES (HUD ADDENDUM FOR GOV T LOANS, ADDT L DISCLOSURES (DATE), HOME COUNSELING PROVIDERS, TRANSCRIPT OF TAX (CLASSIC) SENDING E-DISCLOSURES TO BORROWERS AND RETRIEVING THEM BACK INTO FILE FOLLOWING-UP ON WET SIGNATURE DISCLOSURES AND UPLOAD TO UNASSIGNED DOCS (IF BORROW IS HAVING TROUBLE, SAVE DOCS AS PDF AND SEND BY SECURE EMAIL TO BORROW AND PASSWORD PROTECT THEM) Qualifications: Excellent and effective written and verbal communication skills Outstanding financial management skills Knowledge of standard loan products offered by FHA, VA, USDA, FNMA, and FHLMC. Minimum of high school diploma required. Experience in mortgage lending/banking industry is preferred Familiarity with underwriting guidelines and AUS systems. Highly detailed and organized with ability to multi-task. Professional image. Company DescriptionHeadquartered in Orlando, Florida, The Mortgage Firm has been providing quality real estate financing since 1995. With a proven track record, we serve the lending needs of real estate professionals, builders and individual home buyers throughout Alabama, Florida, Georgia and Tennessee.Our qualified and licensed professionals offer expertise in every area of mortgage lending: Conventional, FHA, VA and USDA.We have access to a full range of mortgage sources and all of our lending specialists are dedicated to find the right mortgage loan product to fit each customers needs. But thats just the beginning. Throughout the lending process, our talented staff will provide regular updates and progress reports so you know exactly where you stand, in person or online.Now more than ever, experienced people and solid financial resources are two of the most important qualities to look for in a lender. With 20 years of success, The Mortgage Firm is a bonded, insured and licensed Mortgage Lender that offers both. We are committed to responsible lending and are well capitalized for the regulatory and industry changes to come.