Related skills
compliance loan processing government regulations construction loans mortgage servicing๐ Description
- Obtain documentation and approvals to extend matured loans promptly.
- Prepare and process modification and extension documents for construction loans; calculate extension fees.
- Order and review updated appraisals, 442s, and title policies.
- Assist in preparing files for possible sale on the secondary market.
- Monitor construction draw portfolio to facilitate final draws and modifications per policy and guidelines.
- Ensure compliance with policies, procedures, security requirements, and government regulations.
๐ฏ Requirements
- H.S. Diploma: required
- 0 to 2 years of mortgage servicing or banking experience required
- Knowledge of all forms and documents for processing all real estate loan types.
- Ability to understand and apply changes to regulations and requirements to daily work.
- Possess strong verbal and written communication with customers and coworkers.
- Knowledge of investor, federal and state laws and regulations relating to mortgage servicing.
๐ Benefits
- Starting hourly range of 18.17 - 24.59
- Incentive potential
- Comprehensive benefits including medical, dental, vision, LTD, STD and life
- Paid vacation, sick time and 11 company paid holidays
- 401k with up to 4% match
- Tuition reimbursement
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