Mortgage Opener
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Job Location:
Chatsworth, CA - USA
Monthly Salary:
$ 25 - 28
Posted on:
14-08-2025
Vacancies:
1 Vacancy
Job Summary
Description
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. Were redefining the lending experience with innovative programs streamlined processes and a commitment to speed and precision. As we grow were looking for forward-thinking professionals who thrive in fast-paced collaborative environments.
TheMortgage Openeris responsible for initiating the mortgage loan file once a loan application is submitted. This position plays a critical role in preparing loan files for processing by collecting reviewing and organizing all required initial documentation. The ideal candidate is detail-oriented organized and able to thrive in a fast-paced deadline-driven environment.
Key Responsibilities
TheMortgage Openeris responsible for initiating the mortgage loan file once a loan application is submitted. This position plays a critical role in preparing loan files for processing by collecting reviewing and organizing all required initial documentation. The ideal candidate is detail-oriented organized and able to thrive in a fast-paced deadline-driven environment.
Key Responsibilities
- Initial Loan Package Review.
- Review incoming credit packages and loan application files for completeness and accuracy.
- Ensure all required documents are included per loan program guidelines (Non-QM Alternative Documentation Conventional FHA).
- Identify any missing or incomplete documentation.
- Confirm that all sections of the Uniform Residential Loan Application (URLA/1003) are properly completed.
- Validate borrower data including personal information loan purpose property details and employment history.
- Verify that the appropriate income documentation (e.g. pay stubs W-2s tax returns self-employment documentation) is present according to loan program requirements.
- Communicate professionally and proactively with mortgage brokers loan officers and processors to request and follow up on missing or incomplete items.
- Track and document communications regarding outstanding documentation.
- File Preparation for Underwriting.
- Organize and prepare complete loan files for submission to underwriting.
- Confirm that all required documents are uploaded into the loan origination system (LOS) in the correct format and order.
- Prioritize workload to meet internal deadlines and posted service level agreements (SLAs).
- Accurately update loan statuses and document receipt in LOS and/or tracking systems.
- Maintain detailed and organized records of loan file contents and communications.
Requirements
- High school diploma or equivalent required; associate or bachelors degree preferred.
- 1 years of experience in mortgage banking or financial services preferred.
- Strong attention to detail and organizational skills.
- Excellent written and verbal communication.
- Ability to manage multiple tasks and deadlines.
- Proficient in Microsoft Office (Word Excel Outlook) and familiar with loan origination systems (e.g. Encompass Calyx etc.).
- Knowledge of mortgage loan documents and compliance guidelines a plus.
Why Join CAKE Mortgage
- Be part of a fast-growing company changing the game in Non-QM
- Competitive compensation and performance-based bonuses
- Collaborative and entrepreneurial culture
- Opportunities for career advancement and innovation
Key Skills
- Loan Origination
- Sales Experience
- Microsoft Office
- Financial Services
- Customer Service
- Organizational skills
- Communication skills
- Military Experience
- Fair Housing Regulations
- Inside Sales
- Outside Sales
- Word Processing
About Company
JBA is a leader in integrating digital solutions with the market practices of talent acquisition. Whether it’s employer branding, digital marketing, or corporate training, we specialize in connecting talented, innovative professionals with leading companies. Though we work in most ind ... View more
