Job Summary
Company Name
Disys India Private Limited
Locations
Other India
Nationality
India
Experience
0 – 10 years
Keywords / Skills
Function
IT
Role
Other Software/Hardware/EDP
Industry
Any
Posted On
20th Jun 2015
Job Ref code
J3G17Z6JQGSSMV6C9FZ
Job Description
ESSENTIAL JOB FUNCTIONS for the Loan Processor
JOB SUMMARY for Loan Processor
This position is responsible for receiving new refinance loan submissions and coordinating the closing of the loan within a specified time frame. The daily functions include but are not limited to, verifying borrower’s information, verifying loan rates, and collecting all necessary data.
ESSENTIAL JOB FUNCTIONS For Loan Processor
- Makes introductory call to borrower upon receiving the loan file and continues communication throughout the process of the loan.
- Verifies with Borrower accuracy of all information entered into Mortgage Online system (MOL) and Dashboard when required
- Verifies receipt of welcome kits, preliminary loan disclosures and application
- Verifies and documents all AUS requirements and resubmits
- Request and input any additional documentation underwriting requires
- Maintain communication with borrowers through the loan process
- Submits loan files to the Underwriting Department and clears all underwriting conditions
- Reviews estimated final HUD-1 with borrower and confirms loan transaction detail
- Verify and collect loan shortages from the borrower
- Prepares and sends out loan closing documents to closing agent in a timely manner to coincide with scheduled signing date
- Prepares and submits loan file to funding department and clears all funding conditions
- Effectively manage pipeline notes and loan sub status’s
- Communicate daily with title to obtain and update HUD’s
- Work with title to clear liens, judgments or any clouded item
Key Skill(s)
Processor
About Company
Disys India Private Limited
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Loan Processor
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