Loan Set Up- Correspondent Lending
New Penn Financial LLC - Plymouth Meeting, PA

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Job summary

· Responsible for reviewing incoming loan files to ensure the file contains all documentation required to meet the minimum submission requirements. Review the documentation for completeness, accuracy, and compliance. Responsible for accepting the submission into the LOS, input of information in order to generate required loan disclosures to prepare the file for underwriting/review. GFE for proper fee disclosure.
Principal Duties

· Verify current status for compliance with submission requirements
· Check loan files for required submission documentation/information
· Communicate with client to collect missing submission documents
· Board loans onto the loan origination system
· Complete the HDMA scrub, USPS and check all exclusionary lists including LDP/GSA for all disclosed parties to the transaction
· Conduct the appropriate validations and verification of data
· Generate credit report
· Prepare files for underwriting
· Other duties as requires
Education and Experience Requirements

· 3 years of mortgages experience is required
· 2 years of loan processing or credit experience is required
· Knowledge of RESPA 2010 changes is preferred
· Familiar with mortgage closing/disclosure process
Knowledge, Skill and Ability Requirements

· Proficient in Microsoft Office
· Working knowledge of lending compliance and regulations
· Ability to work efficiently under time constraints and pressure
· Ability to multitask and organize workload
· Ability to maintain strict confidential information
· Strong attention to detail
· Excellent customer service skills
· Proficient with Microsoft Office
· Excellent verbal and written communication skills
· Great organizational skills

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New Penn Financial LLC - 20 months ago - save job
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