Collateral Analyst

Dream Finders Homes; Jacksonville, Northern (FL, KY); Hybrid; USD 40,000 - 50,000; Full time

Benefits offered by this job

Health Insurance - Medical, Dental & V

Vacation & Holidays

401(k) Savings Plan with company match

Job summary

Dream Finders Homes is seeking a Collateral Analyst to ensure clear, bankable mortgage collateral documents are delivered on time to warehouse banks and investors.

You will validate imaged loan data against the department checklist, identify issues, and coordinate with origination teams, title companies, and warehouse vendors to prevent denials and maintain accuracy. Some overtime may be required to meet deadlines.

Qualifications

• Knowledge of mortgage terminology and documents.
• Strong organizational and written/verbal communication skills.
• Ability to maintain accuracy in repetitive, high-volume work.
• Strong attention to detail and cognitive skills.
• Experience with Encompass operating system is a plus.
• Loan Closing (Closer) background experience is a plus.
• Basic knowledge of warehouse lending is a plus.

Responsibilities

• Audit and validate collateral documents against guidelines.
• Ensure timely delivery of bankable documents to warehouse banks.
• Coordinate with origination teams, title companies, and warehouse vendors.
• Identify and correct issues to prevent denials.
• Occasional overtime to meet deadlines.

Skills

Mortgage terminology

Org & comms

Pace & productivity

Attention to detail

Closing experience

Warehouse lending

Tools

Encompass

Job description

The Collateral Analyst position ensures clear, bankable collateral loan documents are delivered timely to the warehouse bank/custodian according to warehouse and investor guidelines.

As closed mortgage loan files are delivered daily and scanned into the system, the auditor would then validate the imaged collateral documents and other loan data using the department checklist to determine accuracy as well as completeness. This individual would be required to identify and correct any issues, as instructed by the title company and/or county officials, to prevent denial by the warehouse banks and investors.

This position would also require occasional overtime to meet high volume demands and deadlines. It would involve working and communicating closely with individuals from the origination teams, title companies and warehouse vendors.

The ideal Collateral Auditor candidate should possess the following qualities/skills:

• Knowledge of mortgage terminology and documents
• Strong organizational and communication skills (written and verbal)
• Ability to work in a highly repetitive job function at a fast pace, without sacrificing quality
• Strong attention to detail and cognitive skills
• Experience with Encompass operating system, a plus.
• Loan Closing (Closer) background experience, a plus.
• Basic knowledge of warehouse lending, a plus.

The Collateral Analyst position ensures clear, bankable collateral loan documents are delivered timely to the warehouse bank/custodian according to warehouse and investor guidelines.

As closed mortgage loan files are delivered daily and scanned into the system, the auditor would then validate the imaged collateral documents and other loan data using the department checklist to determine accuracy as well as completeness. This individual would be required to identify and correct any issues, as instructed by the title company and/or county officials, to prevent denial by the warehouse banks and investors.

This position would also require occasional overtime to meet high volume demands and deadlines. It would involve working and communicating closely with individuals from the origination teams, title companies and warehouse vendors.

The ideal Collateral Auditor candidate should possess the following qualities/skills:

• Knowledge of mortgage terminology and documents
• Strong organizational and communication skills (written and verbal)
• Ability to work in a highly repetitive job function at a fast pace, without sacrificing quality
• Strong attention to detail and cognitive skills
• Experience with Encompass operating system, a plus.
• Loan Closing (Closer) background experience, a plus.
• Basic knowledge of warehouse lending, a plus.

Location(s)

14701 Philips HighwaySuite 202 , Jacksonville , FL 32256 , United States

Compensation

$40K to $50k

Benefits

• Health Insurance - Medical, Dental & Vision
• Vacation & Holidays -- generous PTO & 11 holidays
• 401(k) Savings Plan with company match, Employee Wellness and Employee Assistance Programs, Home Purchase Discount for Associates, Pet Insurance.

Posting Close Date

n/a