Mortgage Loan Originator Assistant
Wayne, PA 19087 (ONSITE)
- Reports to: Director of Sales
- Salary Range: $50,000 – $52,000 (level of experience)
JOB SUMMARY:
- The Mortgage Loan Originator (MLO) Assistant supports the Mortgage Loan Originator by managing administrative tasks, coordinating loan processes, and providing exceptional service to clients. The role requires strong organizational skills, attention to detail, and the ability to work effectively in a fast-paced environment
KEY RESPONSIBILITIES:
Administrative Support:
- Assist MLOs with managing and organizing client files and documentation
- Schedule and coordinate meetings, appointments, and follow-ups with clients, real estate agents, and other stakeholders
- Prepare and process loan application documents and disclosures
- Maintain accurate records and update loan status in the company's loan processing system
Client Interaction:
- Serve as a point of contact for clients, answering questions and providing updates on loan application status
- Gather and verify necessary documentation from clients, such as income statements, credit reports, and other financial information
- Ensure a positive client experience by providing timely and clear communication
Loan Processing:
- Assist with the loan application process by collecting and reviewing necessary documentation
- Prepare loan files for submission to underwriting and ensure all required information is included
- Monitor loan progress and follow up on outstanding items or conditions
Compliance and Accuracy:
- Ensure all loan documentation and processes comply with regulatory requirements and company policies
- Review and verify accuracy of loan documents and application information
- Assist with quality control and resolve any issues that may arise during the loan process
Team Collaboration:
- Work closely with MLOs, underwriters, and other team members to ensure smooth loan processing
- Provide support and training to new team members as needed
QUALIFICATIONS:
- High school diploma or equivalent; some college coursework or a degree in business, finance, or a related field is preferred
- Previous experience in a mortgage or financial services environment is advantageous
- Excellent communication and interpersonal skills
- Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and loan processing software
- Knowledge of MH and/or mortgage lending regulations and practices is a plus
WORK ENVIRONMENT:
- Office setting with standard business hours; occasional overtime may be required
We are an equal opportunity employer, and we are an organization that values diversity. We welcome applications from all qualified candidates, including minorities and person with disabilities.
req24-01148
