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Designation: Loan Specialist II in Los Angeles, CA
Department:   Banking, Mortgage
Job type:   Full time
Location:   Los Angeles, California
Salary:   Not specified
Description:    
POSITION ON HOLD

Join a company that has over 550 branches throughout the nation. This company's mortgage banking division reported earnings of $294 million for the quarter. If stability is a big issue in your search, the company has been in the mortgage industry for over 3 decades. The company offers excellent compensation and incentive package, and opportunities to learn and grow.

Responsibilities:    
We are looking for a Loan Specialist II and their responsibilities include:
  • Processing Conventional mortgage loans and FHA/VA.
  • Handling a pipeline of 60-100
  • 2+ years Conventional and FHA/VA loan processing experience as well as excellent organizational, verbal/written communication skills.
  • Solid closing experience is highly desirable.
  • FHA experienced not required but is preferred.
  • Delivers both the warehouse and 4-part file folder to Central Office within preset time frame.
  • Cures deficiencies and keeps Central Office informed of related activities.
  • Coordinates on wing of closing documents and delivers to closing Agent and Reviews executed documents for accuracy and completeness.
  • Coordinates the disbursement of funds.
  • Maintains file for Attorney/Title Company indemnification and for Approval/Closing Agent follow up.
  • Prepares statement of credit denials on canceled and declined loans.
  • Acquires and delivers contingencies of approval to underwriter for review.
  • Completes pre-closing employment verification.
  • Perform miscellaneous duties as required.
  • May be called upon to oversee or perform administrative tasks as required.

    Requirements:
  • A high school diploma or equivalent.
  • 1+ years of experience working in a mortgage lending or financial services environment (preferably including pre-underwriting, reviewing and analyzing loan documents).
  • Knowledge of federal and state laws that regulate the mortgage banking industry (TILA, ECOA, for example).
  • Proficiency in computer software applications (with working knowledge of automated underwriting systems).
  • Deadline orientation.

    Preferred Skills/Experience:
  • College degree or coursework towards a degree.
  • Mortgage Lending/Financial Service experience.
  • Experience providing value-added customer service in a fast-paced environment.
  • Experience using automated financial or loan tracking systems.
  • Bilingual a plus.


    If you fit these specifications, then you are the candidate Best Headhunters is searching for.

  • Key Words:    
    California, CA, Los Angeles, LA, Los Angeles job, bank, mortgage banking, loan, conventional mortgage, mortgage, FHA, VA, credit denials, underwrite, underwriter, loan specialist, TILA, ECOA, mortgage jobs, banking jobs, Los Angeles mortgage job

    Contact:   Admin
    Company:   BestHeadhunters.com
    Experience:   2 Year(s)
    Job code:   1024
    Posted on:   08 - 09 - 2010
       
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