University of California Office of the President
LOAN PROCESSOR (HOME LOAN PROGRAM)
University of California Office of the President, Oakland, California, United States, 94616
Job Title: Loan Origination Officer 2
The University of California, Office of the President, is seeking a Loan Origination Officer 2 to provide support in implementing loan origination policies and procedures associated with the University of California's Housing Assistance Program.
Position Summary:
The Loan Origination Officer 2 will be responsible for compiling documentation associated with loan application materials, interacting with title and escrow officers and other professionals associated with the loan process, providing excellent customer service to loan applicants, assisting in the preparation of loan documents, and following up for documentation associated with the loan funding process. Key Responsibilities:
60% Loan Processing:
Completes loan processing functions, including setting up initial loan file, entering key data fields in the Loan Origination System, and analyzing documents for completeness. Reviews and evaluates loan application materials to ensure that the applicants and the subject property are in compliance with all Program eligibility and financial qualifying guidelines. 25% Disclosure Compliance:
Requests and compiles fees needed for the preparation of federally-required Loan Estimate and Closing Disclosure statements. Works closely with Escrow and Title companies to ensure all fees are included and are accurate. 10% Loan Funding:
Provides backup analytical support in the review of loan funding packages. Prepares executed loan documents for funding approval. Follows up with escrow companies for all loan funding conditions. 5% Strategic Planning:
Contributes suggestions for changes to the loan origination processes and provides assistance to team members as needed. Assists in the development and updating of procedures and job aids. Requirements:
Min 2 years experience in a mortgage lending environment, and/or an equivalent combination of education and experience. Mortgage loan processing and general knowledge of mortgage lending industry practices and procedures. Ability to perform basic math functions and financial analysis. Good oral and written communication skills for communicating with escrow officers, real estate agents, title officers and insurance agents. Demonstrated proficiency with Microsoft Word and Microsoft Excel. Developing familiarity with standard mortgage industry loan origination systems. Developing knowledge of standard single-family lending, title insurance, hazard insurance, flood insurance and escrow practices in California. Interpersonal skills and initiative as demonstrated by the ability to respond positively and proactively to requests. Demonstrated attention to detail and the ability to manage multiple tasks and hard deadlines. Demonstrated ability to work both independently and cooperatively as part of a team. Preferred Qualifications:
Experience with Encompass Loan Origination System. Education:
Bachelor's degree and two years' experience in related area, or an equivalent combination of education and experience. SPECIAL CONDITIONS:
This position is eligible for a hybrid work arrangement within the state of California. The person hired will be required to reside within California and will be required to report to work on-site at UC's Office of the President (UCOP) located in Oakland, CA on Tuesdays and Wednesdays, subject to change. SALARY AND BENEFITS:
The salary range for this position is $75,000 - $86,000, commensurate with experience. For information on the comprehensive benefits package offered by the University, visit
Benefits of Belonging . EEO STATEMENT:
The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status.
#J-18808-Ljbffr
The Loan Origination Officer 2 will be responsible for compiling documentation associated with loan application materials, interacting with title and escrow officers and other professionals associated with the loan process, providing excellent customer service to loan applicants, assisting in the preparation of loan documents, and following up for documentation associated with the loan funding process. Key Responsibilities:
60% Loan Processing:
Completes loan processing functions, including setting up initial loan file, entering key data fields in the Loan Origination System, and analyzing documents for completeness. Reviews and evaluates loan application materials to ensure that the applicants and the subject property are in compliance with all Program eligibility and financial qualifying guidelines. 25% Disclosure Compliance:
Requests and compiles fees needed for the preparation of federally-required Loan Estimate and Closing Disclosure statements. Works closely with Escrow and Title companies to ensure all fees are included and are accurate. 10% Loan Funding:
Provides backup analytical support in the review of loan funding packages. Prepares executed loan documents for funding approval. Follows up with escrow companies for all loan funding conditions. 5% Strategic Planning:
Contributes suggestions for changes to the loan origination processes and provides assistance to team members as needed. Assists in the development and updating of procedures and job aids. Requirements:
Min 2 years experience in a mortgage lending environment, and/or an equivalent combination of education and experience. Mortgage loan processing and general knowledge of mortgage lending industry practices and procedures. Ability to perform basic math functions and financial analysis. Good oral and written communication skills for communicating with escrow officers, real estate agents, title officers and insurance agents. Demonstrated proficiency with Microsoft Word and Microsoft Excel. Developing familiarity with standard mortgage industry loan origination systems. Developing knowledge of standard single-family lending, title insurance, hazard insurance, flood insurance and escrow practices in California. Interpersonal skills and initiative as demonstrated by the ability to respond positively and proactively to requests. Demonstrated attention to detail and the ability to manage multiple tasks and hard deadlines. Demonstrated ability to work both independently and cooperatively as part of a team. Preferred Qualifications:
Experience with Encompass Loan Origination System. Education:
Bachelor's degree and two years' experience in related area, or an equivalent combination of education and experience. SPECIAL CONDITIONS:
This position is eligible for a hybrid work arrangement within the state of California. The person hired will be required to reside within California and will be required to report to work on-site at UC's Office of the President (UCOP) located in Oakland, CA on Tuesdays and Wednesdays, subject to change. SALARY AND BENEFITS:
The salary range for this position is $75,000 - $86,000, commensurate with experience. For information on the comprehensive benefits package offered by the University, visit
Benefits of Belonging . EEO STATEMENT:
The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status.
#J-18808-Ljbffr