Loan Purchase Associate I

PHFA Pennsylvania Housing Finance Agency; Harrisburg (Dauphin County); On-site; USD 45,000 - 60,000; Full time

Job summary

PHFA Pennsylvania Housing Finance Agency in Harrisburg, PA is seeking an Associate Loan Analyst to learn and apply professional concepts to resolve problems of limited scope under close supervision, while supporting daily objectives in loan purchasing processes. You will review loan files from network lenders, identify missing items, and coordinate follow-ups to clear conditions.

The role emphasizes understanding GNMA and FNMA pool requirements and communicating with lenders to resolve issues as

Qualifications

• Associate of Science degree and 1-3 years of relevant professional experience.

Responsibilities

• Review loan files to determine eligibility for purchase.
• Identify missing, incomplete, or inaccurate items using program guidelines and procedures.
• Coordinate follow-up on loans until all conditions are cleared.
• Learn and understand warehouse lender information setup and Bailee Agreements.
• Review the daily edit for Accounting and Loan Servicing and ensure accuracy.

Education

Associate of Science degree

Job description

PHFA Pennsylvania Housing Finance Agency in Harrisburg, PA is seeking an Associate Loan Analyst to learn and apply professional concepts to resolve problems of limited scope under close supervision, while supporting daily objectives in loan purchasing processes. You will review loan files from network lenders, identify missing items, and coordinate follow-ups to clear conditions.

The role emphasizes understanding GNMA and FNMA pool requirements and communicating with lenders to resolve issues as