Loan Officer Assistant

Summit Funding is hiring in Texas! 

Loan Officer Assistant LPII

Starting pay rate ranges between $19 to $24/hr DOE and includes the potential to earn monthly bonuses based on production.

This is a fulltime remote position. However preference will be given to candidates residing in Texas as occasional travel to our Texas branches for meetings and training sessions may be required. Because this role requires an active NMLS license (or the ability to obtain one within 90 days of hire) applicants from other states will be considered based on individual state licensing requirements. Candidates must be located in the Central Time Zone.

What our Loan Officer Assistant is responsible for:

• Prequalifies clients to include discussing rates terms and/or financial options.
• Complete LPII checklist on all files and adhere to company time frames.
• Call and obtain conditions from borrowers and Realtors.
• With new contracts facilitate the introduction to Realtors via email and facilitate a call from the Loan Officer to ensure positive customer service for our new clients.
• All files turned into processing within 24 hours of meeting with the borrower.
• Understands and researchs all investor guidelines and is up to date in any and all program changes that effect the processing or originating of loans in pipeline.
• Submits complete files to processing based on Investor and/or AUS requirements to get ready for submission to Mother Ship.
• Communicates with your team all information pertaining to client and/or property to meet file expectations.
• Communicates loan approval by sending preapproval/commitment letters to all parties involved in transaction.
• Responsible for once a week status calls to all parties involved in transaction (Clients Realtors Builder etc.).
• Tracks and manages new leads and follows up on referral business.
• Sends out correspondence Thank you cards Closing Cost Calculators etc.
  Coordinate Closing details with Client Final Payment rate Cash to Close etc.
• Be able to quote interest rates and lock loans.
• Solve escrow issues without involving loan officer.
• Consistently exceed borrower expectations and Realtor/Builder expectations.
• Review all closing statements and compare to signed GFE before signings and correct discrepancies.
• Assist Loan Officer with call backs to prospects that need a phone consult prior to a face to face meeting.

Qualifications :

• Minimum of 2 years of current or recent related mortgage experience in processing underwriting or origination required.
• Must be registered and licensed through NMLS or willing to get licensed within 3 months of employment.
• Experience in Texas loans specifically DPA is highly preferred.
• Bilingual in Spanish is a plus. 
• Proficient in DU/DO LP & major Origination systems.
• Proficient with major correspondent and wholesale channels and their guidelines including their websites and pricing engines.
• Must be proficient in Word Excel and Outlook applications.
• Must have excellent verbal and written communication skills.
• Must be dependable selfmotivated and require minimal supervision.
• Must be able to work 40 hours per week and overtime as required.

Additional Information :

All your information will be kept confidential according to EEO guidelines.

Remote Work :

Yes

Employment Type :

Fulltime