Full-Time Mortgage Loan Coordinator
Summit Funding is hiring a remote Full-Time Mortgage Loan Coordinator. The career level for this job opening is Experienced and is accepting Roseville, CA based applicants remotely. Read complete job description before applying.
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We are seeking a highly experienced and strategic mortgage professional to act as a crucial partner to a top-producing Branch Manager. This is not a traditional processing role. You will be the primary architect of loan files, taking ownership at the pre-approval stage to analyze, structure, and strategize the optimal financing solution for clients before the Loan Officer's initial consultation.
What the Loan Coordinator-Processor is Responsible for:
- Front-End File Architecture: In-depth reviews of borrower income, assets, and credit to determine the most suitable loan programs from the outset.
- Strategic Collaboration: Provide recommendations to the Loan Officer on file structure, proactively identifying potential challenges, and offering solutions to ensure a smooth process.
- Pre-Approval and Pipeline Management: Ownership of pre-approval pipeline to manage both prospective and active loans.
- Initial Disclosures: Manage issuance of initial disclosures once a property is under contract.
- Loan Processing: As capacity allows, manage files from contract to close, working to clear conditions and ensure timely closings.
Minimum Requirements:
- Minimum of 5 years of current hands-on experience in a high-volume mortgage environment.
- NMLS licensed or ability to be licensed within 90 days is required.
- Mortgage experience during the 2020-2021 refinance boom is preferred.
- Ability to work effectively in a fast-paced environment.
- Deep working knowledge of loan program guidelines and understanding of factors including credit and LTV.
- Ability to work proactively and make decisions under pressure.