Mortgage Loan Prep & Underwriting Support

The Cape Cod Five Cents Savings Bank; Hyannis (MA); On-site; USD 42,000 - 65,000; Full time

Job summary

The Cape Cod Five Cents Savings Bank in Massachusetts is seeking an Underwriting Assistant I to support the mortgage loan process. Under management, you will coordinate between the MLO, customer, and Underwriter to ensure timely, compliant applications ready for underwriting and delivery to the portfolio or secondary market.

Responsibilities include ordering income/asset verifications, reviewing disclosures for compliance, collecting missing documents, and preparing preliminary packages for

Qualifications

• Associates degree, or equivalent experience in an administrative or business related role.

Responsibilities

• Coordinates the timely processing of residential mortgage loan applications and ensures critical deadlines are met.
• Orders automated income/asset verification and automated underwriting services.
• Analyses necessary disclosures for compliance and reviews support documentation via appropriate checklists.
• Orders mortgage services through third party vendors.
• Obtains missing documentation and completes the preliminary loan preparation for the Underwriter's review.
• Responds to internal and external customers or vendor inquiries via telephone and electronic communication.
• Stays current on new developments within the residential lending field and attends relevant courses and seminars.

Skills

Time management

Teamwork

Verbal and written communication

Web-based systems

Education

Associates degree or equivalent experience

Tools

Microsoft Office

Job description

The Cape Cod Five Cents Savings Bank in Massachusetts is seeking an Underwriting Assistant I to support the mortgage loan process. Under management, you will coordinate between the MLO, customer, and Underwriter to ensure timely, compliant applications ready for underwriting and delivery to the portfolio or secondary market.

Responsibilities include ordering income/asset verifications, reviewing disclosures for compliance, collecting missing documents, and preparing preliminary packages for