|Title:||Mortgage Loan Opener|
The Disclosure Desk initiates mortgage loan disclosure documents within federal, state, and agency regulations/requirements to ensure timely deadlines are met.
The Disclosure Desk is responsible for checking, sorting, compiling and tracking data relevant to loan applications. Plays an important role in the entire loan transaction.
Prepares the initial mortgage disclosure documents through LendingQB and Docmagic Seamless
Partner with processors and originators to ensure all required disclosures are accounted and delivered within State and Federal Guidelines.
Coordinate the opening of Escrow and Title on files both for purchases and refinances
Assemble documents in loan file according to established procedures.
Review all borrower data in loan file for accuracy; verify and correct errors
Complete the creation of the loan in Lending QB system
Ensure confidentiality of client records
Monitor LendingQB for loans requiring initial disclosures daily.
Review each loan with a change of circumstance and ability to determine whether revised disclosures are required or whether the prompt could be cleared.
Assist team members with inquiries regarding LendingQB compliance
Assist post-closing with the review of closed loans for adherence to RESPA and TILA
Prefer a minimum of 1 year experience working as a Mortgage Disclosure Desk or similar role
Working knowledge of Conventional, FHA and VA guidelines and required disclosure documents
Familiarity with loan processing guidelines including Fannie Mae, Freddie Mac and FHA (Preferred but not required).
Solid knowledge of standard loan practices, documents and real estate terms
A solid understanding of the mortgage market- Remove
Ability to work collaboratively with colleagues and staff to create a results-driven, team-oriented environment.
Proficient in LendingQB Software or similar LOS as well as lenders' underwriting software, tools and DU-LP.
Excellent organizational and time management skills
Strong written and verbal communication skills