Mortgage Loan Officer Assistant

Job Description

Have you been searching for an opportunity to learn from top mortgage industry professionals and maximize your earning potential? If so, we are looking for you!

We’re hiring a driven Mortgage Loan Officer Assistant to free up our Loan Officer to originate more loans into the pipeline. This position will be from the “contact to contract” phase of the loan. Your job will be to work closely with borrowers to expedite their mortgage process and ensure everything runs smoothly. We pride ourselves on delivering world-class customer service, and you’ll be responsible for delivering that experience to every client.

$24 - $30 hourlyResponsibilities:

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

Review all loan package documentation for discrepancies, omissions, and income calculation and then report any discrepancies to the loan originator

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 processingQualifications:

Strong communication, interpersonal, time management, and follow-up skills

Lender experience using loan origination software like Encompass LOS

Understands automated underwriting systems such as DU and LP

Capable of analyzing credit reports, income, and asset documents, and can structure a loan properly in a variety of ways

At least 2 years of previous experience fulfilling the roles of an LOA/Loan Partner, Processor, Loan Officer and/or Underwriter, 5+ years preferred

Strong understanding of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage documentation, processes, and procedures About Company

As a company, we embrace the concept of ownership with enthusiasm and optimism for the future of housing in America. As individuals, every employee at Preferred Rate takes personal ownership in creating experiences that matter for our customers and clients.

Every transaction represents a family, a home, and a life decision - we understand and appreciate that our participation is a privilege, and our job is to delight everyone involved at every point of the process so that their experience matters.

Full-time