Mortgage Loan Officer Assistant

First Boston Powered by New American FundingWoburn, MA, US

Posted 1 day ago

Description

Are you interested in working alongside leaders in the mortgage industry who will help you grow your career? If so, we are looking for you!

We’re hiring for a full-time Mortgage Loan Officer Assistant to work in tandem with the loan officer to properly package loans for clients and get them mortgage-ready. The loan officer will cultivate new business while you analyze customer credit, review income, and assess documents to ensure a successful close.

This role is perfect for the detail-oriented self-starter who thrives on success. Plus, you’ll never have to worry about commission, because we’re offering a salaried position. If you want to help people find their dream homes without the hassle of finding new leads, we need to talk. Our team will empower you to embrace your natural talents, and we’ll give you everything you need to achieve your career goals. Ready to start? Apply today!

Responsibilities

  • Communicate consistently with the loan officer, referral partners, and clients so they have a clear primary contact throughout the “contact to contract” phase of the loan process, and arrange meetings to ensure any follow-up actions get taken
  • Build and maintain relationships with borrowers and referral partners to keep our current customers and attract new ones
  • Facilitate the completion of loan applications, coordinate the collection of documentation, including credit reports, run DU/LP/AUS, send a closing cost worksheet to borrowers, and prepare the file for processing
  • Review all loan package documentation for discrepancies, omissions, and income calculation and then report any discrepancies to the loan originator
  • Respond to all in-house and customer inquiries regarding transactions and provide quotes when needed to offer exceptional customer service

Qualifications

  • Exceptional follow-up, time management, interpersonal, and communication skills
  • Working knowledge of automated underwriting systems such as DU and LP
  • Up-to-date NMLS license or willing to get licensed within 90 days
  • Has lender experience using loan origination software like Encompass LOS
  • Able to accurately analyze income, asset documents, and credit reports, and knows how to structure the information properly for a loan

Compensation

$60,000 - 85,000 Total Compensation - (base + bonus)

About First Boston Powered by New American Funding

First Boston Powered by New American Funding enables clients of all backgrounds to accomplish the American dream of homeownership by offering a diverse product suite, competitive pricing, and our promise to provide a timely and efficient closing. Our dedication to client service during the transaction extends after the closing while we service their mortgage. This passion for client service is displayed in every step of the homeownership experience, with a focus on fulfilling clients’ needs in a manner that enhances their standard of living.

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Do you have any relevant Loan Partner, Loan Processor, or Underwriter experience?
Do you have an NMLS license?
Do you have experience working in a mortgage broker or lender’s office?
Do you have experience using ARIVE, Calyx Point, Encompass, or LendingPad mortgage software?
Are you authorized to work in the United States?

Your responses help the employer evaluate your fit for this role.

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