Jr. Production Assistant

New American Funding; United States; Remote; USD 10,000 - 60,000; Full time

Job summary

An innovative firm is seeking a Jr. Production Assistant to support loan origination staff in a remote capacity. This role involves preparing and reviewing loan documents, entering application information into the Encompass loan system, and ensuring effective communication with customers and various stakeholders throughout the loan process. Ideal candidates will have a strong understanding of loan programs and federal guidelines, along with excellent communication skills. Join a dynamic team dedicated to providing exceptional service in the mortgage industry, where your contributions will directly impact the success of the loan process.

Qualifications

• 2+ years' experience in loan processing or related operations.
• Knowledge of federal guidelines like RESPA, TILA, HMDA.

Responsibilities

• Assist loan officers with loan setup and documentation.
• Communicate effectively with customers and third parties.
• Enter loan application information accurately into Encompass.

Skills

Communication Skills

Knowledge of FHA, VA, Conventional Loan Programs

Encompass 360 Experience

Understanding of Federal and State Guidelines

Education

High School Diploma or Equivalent

Tools

Encompass Loan System

Job description

Overview

Position: Jr. Production Assistant

Location: Remote

Pay: Up to $19/hr.

Position Summary:

Primary responsibilities include assisting origination staff (loan officers, sales managers, etc.) with loan setup by preparing and reviewing loan documents, entering application information into the Encompass loan system, and working closely with all parties involved in the loan process including but not limited to customers, loan officers, escrow, title, etc., to order and collect additional loan documentation.

Responsibilities

Duties and Responsibilities:

1. Communicate clearly and effectively with customers, loan agents, and other third parties involved in the mortgage loan transaction.
2. Prepare the file by reviewing the loan application and obtaining additional documentation as needed.
3. Verify the file is locked until final underwriting submission and disclosures are sent, and validate that the 1003 is completed; missing documentation is identified and, depending on severity, the file may continue to be processed or returned to the loan officer.
4. Accurately enter loan application information into the Encompass loan system.
5. Confirm Title and Escrow have been ordered.
6. Stack file in proper stacking order.
7. Order FHA case number and query, refinance authorization if applicable.
8. Order 4506, print property profiles, and elevate the file to Processing.
9. Other duties may be assigned.

Desired Competencies:

• Current product knowledge of FHA, VA, Conventional, and other loan programs.
• Encompass 360 experience.
• Working knowledge of federal and state guidelines, rules, and regulations such as RESPA, TILA, HMDA, etc.
• Excellent written and oral communication skills.

Qualifications

Desired Education/Experience:

• HS diploma in related field or equivalent experience.
• 2+ years' experience in operations such as Processing, Underwriting, Funding, Jr. Processing, and/or Loan Setup.

Other duties include sitting or standing for long periods, occasional stooping, bending, kneeling, crouching, reaching, twisting, lifting up to ten pounds, and operating office equipment. Must verify identity and employment eligibility in the U.S. and meet physical requirements to perform essential functions.

Work Authorization: Must be able to verify identity and employment eligibility to work in the U.S.

Physical Demands: Must be able to lift up to ten pounds, work in an office setting, and perform tasks requiring mobility and fine coordination.

VISION: See in the normal visual range with or without correction.

HEARING: Hear in the normal audio range with or without correction.

[EOE/M/F/D/V. Drug-free workplace.]

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