Mortgage Loan Assistant

3 Keys Lending • Bluffdale, UT, US

Posted 6 months ago

Description

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you’re interested in a dynamic position on a well-established and successful lending team, look no further; apply now!

Responsibilities

Pre-Underwrite

Verify that the initial loan file is complete using the pre-underwrite checklist
Request any additional documentation on cash, credit, and capacity (income)
for a complete loan submission
Initiate ALL third-party items
Submit high-quality loans for preliminary underwriting without over-analyzing

Post-Underwrite:

Analyze the Conditional Loan Approval (CLA) to ensure all conditions are clear
Confirm outstanding CLA items have NOT already been received before reaching
out to external parties (avoid duplicate requests to borrowers)
Request conditions in layman’s terms that are easy for borrowers to understand
Thoughtfully review and submit all conditions to underwriting
Send all Clear to Close (CTC) requests via email to the loan team (including
Opener)
Review ICD and CDs to ensure accuracy vs. the original Loan Estimate (LE)

Post-Fund:

Monitor pending closed loans for funding authorization
Clear any post-funding conditions as required
Support LO, LP1, LP2, and borrowers with any post-funding questions

Additional Responsibilities

Ask Clients, Agents, and other parties for referrals during the loan process
Attend Weekly Team Meetings (WTM) to review the entire loan pipeline
Log all crucial communication in the LOS Conversation Log
High-quality borrower third-party communication is required, differentiating this role from a traditional Loan Processor

Document the loan process from origination to approval through our system
Work with the borrower to gather financial information such as credit reports, verify the accuracy to determine creditworthiness, and complete the mortgage loan application
Assure that loan files meet banking and regulatory guidelines and policies
Liaise between the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval
Determine the best loan option for the borrower through interviewing and discussion

Qualifications

Conventional, FHA, VA, USDA loan product knowledge and processing experience required
Experience working with mortgage brokers
Be a Solution Seeker
Fluent in English and Spanish

Strong analytical and time management skills and superior attention to detail
Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required
At least 2 years of loan processing experience required
Accounting, finance, or business Associate’s degree preferred - High school diploma or GED required
Must have excellent written and verbal communication skills

Compensation

$50,000 - $70,000/year

About 3 Keys Lending

3 Keys Lending is a new and fast-growing mortgage company based in Utah.

We are committed to delivering the best rates, products, and experience to our customers.

We love clients and love helping them make the best-informed decisions for such an important aspect of their lives.