Job Description
Position Responsibilities
- Gathers, verifies, compiles and analyzes mortgage loan application information provided by various conduits resulting in complete, accurate and timely loan packages presented to our underwriter and closer
- Contacts third party service provider to order and coordinate necessary services in a timely manner
- Process conventional, FHA, VA, and RD loans to ensure compliance with state and federal regulations, as well as underwriting guidelines from FHLMC, FNMA, MI Companies and other conduits.
- Review and analyze appraisal, credit, income and purchase contracts
- Keep current with changes in underwriting standards and maintain up to date information
Minimum Education and Experience
- Five years (preferred) of processing a significant volume of residential mortgage loans underwritten to FNMA, FHLMC and other secondary market conduits; processing experience of FHA, VA, and RD loans preferred.
Technical Knowledge and Skills
- Knowledge of applicable lending regulation, compliance and standard mortgage processing duties
- Experience working with DU, LP, GUS and other applicable automated underwriting engines
- Working knowledge of the encompass origination platform is a plus
- Aptitude to work independently as well as part of a team
- Excellent customer service skills with a high attention to detail
Compliance
It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.
The above mentioned are intended to describe the general nature and level of work performed rather than to be an inclusive list of all duties, responsibilities and skills required for the position. Job duties may be changed at any time at management’s discretion. The job description is not intended to create contractual obligations of any kind.
Capital Finance Bank, N.A. is an Affirmative Action and Equal Opportunity Employer
