West Capital Lending
Overview
The Mortgage Loan Set Up position plays a crucial role in the mortgage lending process, ensuring that all necessary documentation and information are accurately prepared and processed for loan origination. This role requires a detail‑oriented individual with a strong understanding of financial services, underwriting, and loan processing. The ideal candidate will work closely with loan officers and other team members to facilitate a smooth transition from application to approval.
Duties
Prepare and organize loan files for underwriting and processing, ensuring compliance with FNMA guidelines.
Conduct credit analysis to assess borrower eligibility and risk factors.
Review contracts and documentation for accuracy and completeness.
Assist in the loan origination process by gathering necessary information from applicants.
Ensure adherence to Fair Housing regulations throughout the mortgage process.
Collaborate with escrow agents to facilitate timely closings.
Utilize basic math skills for calculations related to loan amounts, interest rates, and payment structures.
Maintain accurate records of all transactions and communications related to mortgage loans.
Perform 10 key typing tasks efficiently for data entry purposes.
Skills
Knowledge of FNMA guidelines and mortgage servicing practices.
Experience in underwriting and loan processing is highly desirable.
Familiarity with TILA regulations and compliance requirements.
Strong understanding of financial services, banking operations, and credit analysis.
Previous experience as a loan officer or in a similar role is advantageous.
Excellent attention to detail with strong organizational skills.
Proficient in basic math calculations relevant to mortgage lending.
Ability to work collaboratively within a team environment while managing multiple tasks effectively.
Benefits
401(k)
401(k) matching
Health insurance
Life insurance
Paid time off
Seniority level Entry level
Employment type Full-time
Job function Quality Assurance
Job Type Full-time
#J-18808-Ljbffr
Duties
Prepare and organize loan files for underwriting and processing, ensuring compliance with FNMA guidelines.
Conduct credit analysis to assess borrower eligibility and risk factors.
Review contracts and documentation for accuracy and completeness.
Assist in the loan origination process by gathering necessary information from applicants.
Ensure adherence to Fair Housing regulations throughout the mortgage process.
Collaborate with escrow agents to facilitate timely closings.
Utilize basic math skills for calculations related to loan amounts, interest rates, and payment structures.
Maintain accurate records of all transactions and communications related to mortgage loans.
Perform 10 key typing tasks efficiently for data entry purposes.
Skills
Knowledge of FNMA guidelines and mortgage servicing practices.
Experience in underwriting and loan processing is highly desirable.
Familiarity with TILA regulations and compliance requirements.
Strong understanding of financial services, banking operations, and credit analysis.
Previous experience as a loan officer or in a similar role is advantageous.
Excellent attention to detail with strong organizational skills.
Proficient in basic math calculations relevant to mortgage lending.
Ability to work collaboratively within a team environment while managing multiple tasks effectively.
Benefits
401(k)
401(k) matching
Health insurance
Life insurance
Paid time off
Seniority level Entry level
Employment type Full-time
Job function Quality Assurance
Job Type Full-time
#J-18808-Ljbffr