9 barron funding group Jobs
SECURE FUNDING GROUP INC is Hiring a Loan Specialist Near Chula Vista, CA
Job Description
Qualifications and Education Requirements
Department/Group: Operations Dept
Job Code/ Req#: CV24
Location: Corporate
Travel Required: N/A
Level/Salary Range:
$18 Per Hour
$20 Per Hour
$22 Per Hour
Position Levels:
Loan Specialist III
Loan Specialist II
Loan Specialist I
Reports To: Processor, Processing Mgr
Effective Date: 01/01/2024
Responsible For: NA
Hours Per Week: 30 - 40
Job Description
ROLE AND RESPONSIBILITIES The position will be Responsible for Loan Estimate & Loan Disclosures (SOP STEP 1) Responsible for Appraisal Order and / or HOA Cert Order (SOP STEP 2) Responsible for Loan Submission to Underwriting (SOP STEP 3)
ESSENTIAL KNOWLEDGE
Office 365, Basic math computations, and SFG Essential Knowledge Chart (Level III)
QUALIFICATIONS AND EDUCATION REQUIREMENTS
No Experience (LS III)
1 Year Mortgage or Real Estate experience (LS II)
2 Year Mortgage or Real Estate experience (LS I)
DISC test
PREFERRED SKILLS
Strong Communications Skills
High Organizational Skills
Ability to work in team environment
Ability to work without supervision
ADDITIONAL NOTES
See Role and Responsibilities Addendum for additional job requirements
LOAN SPECIALIST, ROLE AND RESPONSIBILITIES (ADDENDUM)
Responsible for Loan Estimate & Loan Disclosures (SOP STEP 1)
Review Loan file for completeness and accuracy
Efficient use of DocMagic or DocuSign systems for Borrower
Efficient in all Loan Pricing Engines
Responsible to request wet signatures as needed on SSI & 4506 Verification Forms
Responsible for Tracking & Milestone Update notifications
Responsible for Appraisal Order and / or HOA Cert Order (SOP STEP 2)
Responsible to track Order until Inspection Date is set
Review Appraisal and send Value notification upon receipt
Order SSR's
Order COC as necessary (if value is different than submission)
Order Value Rebuttal as necessary
Order 1004D as necessary
Order HOA Cert, Limited of Full Questionnaire when applicable (CONV, FHA)
Responsible for Tracking & Milestone update notifications
Responsible for Loan Submission (SOP STEP 3)
Ensure File has cleared Disclosures and is in line for UW
Request Escrow Doc package including Estimated Closing Statement based on initial LE
Responsible for Tracking and Milestone Update notifications
Job Summary
Full Time
$47k-62k (estimate)
04/23/2024
05/11/2024
The following is the career advancement route for Loan Specialist positions, which can be used as a reference in future career path planning. As a Loan Specialist, it can be promoted into senior positions as a Mortgage Credit Analyst II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Specialist. You can explore the career advancement for a Loan Specialist below and select your interested title to get hiring information.
If you are interested in becoming a Loan Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Specialist job description and responsibilities
Loan specialists work with clients to prepare their application for a loan.
04/05/2022: Ogden, UT
Loan officers meet with applicants who wish to borrow money and evaluate, approve, or reject the loan applications.
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Loan officers meet with loan applicants and collect and verify all required financial documents.
03/09/2022: Waterloo, IA
They offer mortgage loans along with other banking products like checking and savings accounts and business and commercial loans.
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Follow up and ensure remarkable borrowing experience for all customers throughout the loan application process.
02/21/2022: Saint Petersburg, FL
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Specialist jobs
A job as a Loan Specialist falls under the broader career category of Loan Officers.
01/21/2022: Harrisburg, PA
Loan officers are licensed with the federal and state authorities, and they adhere to the regulations of lending money.
02/23/2022: Nassau, NY
Every loan servicer has their own standards for loan modification.
03/07/2022: Buffalo, NY
Secured loans, like home and auto, cannot be consolidated.
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Maintain knowledge of available loan products, processing procedures, and underwriting and.
03/05/2022: Benton Harbor, MI
Step 3: View the best colleges and universities for Loan Specialist.
