Quality Loan Reviewer 8/27/2016
Morris Plains, NJ
JOB DESCRIPTIONAPPLY All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
The Quality Loan Reviewer is responsible for reviewing newly originated mortgage loan applications for completeness and compliance with required State and Federal regulations. The position also orders ancillary services such as appraisals, flood certificates, and IRS transcripts. v Reviews newly originated mortgage loan application for completeness and compliance with State and Federal regulations. v Rates every mortgage loan application based on an approved checklist. Provides results to GSM, Regional Sales Manager and certain members of the management team. v Checks each loan package for the E-sign disclosure. Contacts Gold Services Manager (GSM) if missing. v Orders ancillary services including appraisals, flood certificates, and IRS transcripts. v Indexes loan documentation utilizing the appropriate place holders in the Encompass system.
v Submits loans that “pass” the quality loan review directly to the underwriting department.
v Issues Notice of Incompleteness notification to borrowers whose application package is incomplete. v Performs other duties as assigned.
Education, Certification, and License Requirements v High school diploma or GEDv Associate’s or Bachelor’s degree preferred Experience v One (1) to two (2) years of data entry experience strongly preferredv Previous experience in mortgage operations preferred Knowledge, Skills, and Abilities v Must be proficient and have a full understanding of the RESPA regulationsv Familiar with the operations structure of the businessv Related compliance knowledge preferredv Proficiency in Microsoft Office suite of productsv Ability to interact with all levels of employees throughout the Companyv Good oral and written communications skillsv Ability to multitask in a fast-paced environmentv Strong attention to detail