Mortgage Loan Coordinator

American Momentum Bank; College Station (TX); On-site; USD 45,000 - 70,000; Full time

Job summary

American Momentum Bank is seeking a Mortgage Loan Coordinator in College Station, TX. The role handles the loan from origination through processing, closing and funding, working directly with clients to ensure accurate disclosures and timely actions.

The candidate should be detail-oriented, versed in applicable regulations, and able to coordinate with lenders, appraisers, title companies, and borrowers to maintain smooth closing timelines.

Qualifications

• Experience in processing mortgage loan applications from origination through closing.
• Knowledge of Fannie Mae guidelines and investor requirements.
• Familiarity with RESPA, Reg Z and related disclosures.
• Strong verbal and written communication skills and attention to detail.

Responsibilities

• Prepare mortgage loan disclosures in compliance with laws and regulations.
• Track disclosures and appraisals for electronic delivery.
• Coordinate with clients to obtain supporting credit documentation and communicate approvals/conditions.
• Order third-party documents at closing (Appraisal, Title, Flood cert).
• Input applications in LOS, run credit reports and AUS, review preliminary findings.
• Coordinate with parties to clear loan conditions and prepare for closing.

Skills

Mortgage loan processing

Client communication

Detail orientation

Regulatory compliance

Team collaboration

Education

High school diploma or equivalent

Bachelor's degree in Business/Finance or related field

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Mortgage Loan Coordinator (26-70)

Full Time College Station, TX, US

16 days ago Requisition ID: 5884

MORTGAGE LOAN COORDINATOR

Location: College Station, TX

Job Summary:

The MLC is responsible for processing mortgage loan applications according to guidelines established by the Bank, Fannie Mae, Correspondent Investors, and Federal/State Regulations. They will work directly with clients during the origination of the loan, and through processing, closing and funding. The MLC must be professional and capable of working in a customer-focused environment. They must be very detail oriented, with experience in managing the loan application from origination through closing, funding, and post-closing.

Job Duties & Responsibilities:

• Prepare mortgage loan disclosures in compliance with all laws and regulations, i.e. RESPA, Reg Z, etc. – including the Loan Estimate. Maintain compliance with regulatory disclosures throughout the processing of the loan.


• Track receipt of disclosures and appraisals in compliance with E-Sign Act, and Investor requirements for electronic delivery.


• Communicate with the clients to obtain supporting credit documentation. Communicate loan approvals, conditions, rate locks etc. to borrowers and related parties.


• Order all third-party documentation required at closing, i.e. Appraisal, Title Commitment, Flood Cert, etc.


• Input application in loan origination system, order credit report, run Automated Underwriting and generate/review preliminary findings. (If input done by originator, MLC to verify input, credit and AUS findings.)


• Submit complete application package to underwriter and coordinate with parties to obtain follow-up documentation to clear loan conditions.


• Prepare loan for closing, coordinating with attorneys, title companies, and Borrowers.


• Knowledgeable in financial institution operating policies and procedures and banking regulations state and federal.


• Other administrative duties as assigned.

Key Qualifications:

• Mortgage Loan Processing, Origination, or Closing – experience 2+ years


• Fundamental knowledge of Fannie Mae Guidelines


• High School Diploma or equivalent


• Bachelor’s Degree in Business, Business Administration, Finance, or related field preferred.


• Excellent verbal and written communication skills, analytical and organizational skills.