Mortgage Disclosure Specialist: Compliance & Loan Estimates

Benefit Plans Administrative Services, Inc.; City of Olean (NY); Hybrid; USD 25,000 - 34,000; Full time

Job summary

Community Financial System, Inc. (CFSI) seeks a loan processing professional to review applications for accuracy and regulatory compliance.

You will enter data into Encompass, prepare loan estimates, and issue required disclosures for consumer real estate loans. The role includes issuing verifications, coordinating with attorneys and appraisers, ordering loan-related services, and maintaining compliance with TILA-RESPA and related regulations.

Qualifications

• High School Diploma or GED required.
• Associates Degree or Bank experience preferred.
• All applicants must be 18 years of age or older.

Responsibilities

• Analyze applications and supporting qualifying documents submitted by Loan Officer for clerical errors.
• Verify initial information into Encompass to create an electronic loan file for Portfolio Mortgage products and ensure guidelines are met.
• Prepare and issue loan estimate documents in compliance with various regulations.
• Prepare and issue revised disclosures.
• Prepare verifications and appropriate letters for attorneys and appraisers.
• Order services associated with loan.
• Participates in writing procedures.
• Use of external site to assist with information needed.
• Other jobs or duties as directed.
• Maintain proficiency and compliance with all applicable laws and internal controls.

Skills

Attention to detail

Organizational skills

Analytical skills

Written and verbal communication

Education

High School Diploma or GED

Associates Degree or banking experience preferred

Tools

Microsoft Word

Microsoft Excel

Job description

Community Financial System, Inc. (CFSI) seeks a loan processing professional to review applications for accuracy and regulatory compliance.

You will enter data into Encompass, prepare loan estimates, and issue required disclosures for consumer real estate loans. The role includes issuing verifications, coordinating with attorneys and appraisers, ordering loan-related services, and maintaining compliance with TILA-RESPA and related regulations.