Mortgage Loan Processor III (Remote)

Taylor Morrison

Town of Florida (NY)

On-site

USD 65,000 - 85,000

Full time

4 days ago

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Benefits offered by this job

Health Insurance

401(k) with Company Matching

Tuition Reimbursement

Employee Assistance Program

Job summary

Taylor Morrison is seeking a Client Coordinator III to manage a residential mortgage loan pipeline from submission through underwriting, resubmittal, and closing. You will work with automated underwriting systems like Desktop Originator and Loan Prospector and must understand FNMA, FHLMC, FHA/VA guidelines.

Responsibilities include preparing commitment letters, reviewing income/assets, and ensuring funds source validity, with exposure to Conventional, FHA, VA and Jumbo loans.

Qualifications

Associates degree (A.A.) or equivalent from two-year college or technical school; or minimum two years related experience and/or training; or equivalent combination of education and experience.
Proficiently process conventional loans and government loans required.
Must be of high integrity, technical competence and high moral character.
Strong communications skills – written, verbal, and listening.
Highly proficient level of computer skills, experience in mortgage loan origination software.

Responsibilities

Responsible for loan submissions to underwriting
Prepare and deliver the Customer Commitment Letter
Review credit reports, income and assets
Ensures funds are an acceptable source of funds
Proficiently process Conventional, FHA, VA and Non-Agency or Jumbo loans
Seasoned in government financing requirements (mortgage insurance, down payment, DTI, guidelines)
Familiar with FHA/VA disclosures and VA/ FHA portals
Proficient with analyzing tax returns
Understand underwriting appraisal requirements
Ability to restructure loans
Perform other duties as assigned

Skills

Underwriting knowledge

Automated underwriting

Financial analysis

Strong communication

Customer service

Education

Associates degree

Tools

Desktop Originator

Loan Prospector

FHA/ VA portals

Job description

Job Description Summary

As a Client Coordinator III working for Taylor Morrison Home Funding, Inc., you will manage a residential mortgage loan pipeline and process through underwriting approval, resubmittal of approval conditions and into closing. Client Coordinators should be highly skilled in all automated underwriting systems, Desktop Originator, Loan Prospector and each investor’s automated systems. The Client Coordinator is expected to have a comprehensive knowledge of underwriting and qualifying guidelines of all FNMA & FHLMC, FHA & VA loans as well as Non-Agency or Jumbo Loans. As a Client Coordinator you are expected to follow all company policies and procedures as outlined by the company. All Client Coordinators must be customer service oriented, communicating proficiently with borrowers, title agents, builders, real estate agents and co-team members especially Loan Consultants and Closers.

Job Details

Responsible for loan submissions to underwriting
Prepare and deliver the Customer Commitment Letter
Review credit reports, income and assets
Ensures funds are an acceptable source of funds
Proficiently process Conventional, FHA, VA and Non-Agency or Jumbo loans:
Seasoned in the requirements of government financing to include the mortgage insurance/funding fee requirements, down payment, DTI and underwriting guidelines
Familiar with and aware of the required FHA/VA application and builder disclosures
Familiar with navigating through the FHA Connection and VA Portal
Proficient with analyzing tax returns
Understanding of FHA, VA, and Conventional underwriting appraisal requirements
Ability to restructure loans
Perform other duties as assigned

Sound Like You?

You might be just who we’re looking for if you have…

Associates degree (A.A.) or equivalent from two (2) year college or technical school; or minimum two (2) years related experience and/or training; or equivalent combination of education and experience
Proficiently process conventional loans and government loans required
Must be of high integrity, technical competence and high moral character
Strong communications skills – written, verbal, and listening
Highly proficient level of computer skills, experience in mortgage loan origination software

Job Description Summary

Job Details

What You’ll Do

Responsible for loan submissions to underwriting
Prepare and deliver the Customer Commitment Letter
Review credit reports, income and assets
Ensures funds are an acceptable source of funds
Proficiently process Conventional, FHA, VA and Non-Agency or Jumbo loans:
Seasoned in the requirements of government financing to include the mortgage insurance/funding fee requirements, down payment, DTI and underwriting guidelines
Familiar with and aware of the required FHA/VA application and builder disclosures
Familiar with navigating through the FHA Connection and VA Portal
Proficient with analyzing tax returns
Understanding of FHA, VA, and Conventional underwriting appraisal requirements
Ability to restructure loans
Perform other duties as assigned

Sound Like You?

Associates degree (A.A.) or equivalent from two (2) year college or technical school; or minimum two (2) years related experience and/or training; or equivalent combination of education and experience
Proficiently process conventional loans and government loans required
Must be of high integrity, technical competence and high moral character
Strong communications skills – written, verbal, and listening
Highly proficient level of computer skills, experience in mortgage loan origination software

FLSA Status: Non-Exempt

This position is considered a non-exempt position for purposes of wage-hour law, which means that you will be required to keep a time record and will be eligible for overtime pay.

Essential Functions

Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.

Remote opportunities available
Report to Division/Corporate Office/Community daily and adhere to schedule
Ability to access, input, and retrieve information from a computer and/or electronic device
Ability to have face to face conversations with customers, co-workers and higher level manager
Ability to sit or stand for long periods of time and move around work environment as needed
Ability to operate a motor vehicle if applicable
Comply with company policies and procedure

Physical Demands

Must be able to able to remain in a stationary position up to 50% of the time
Taylor Morrison experience and/or successful completion of training program may override required education and/or experience requirement.

Job descriptions are not intended as, nor should be construed to be, exhaustive lists of all responsibilities, skills, efforts, or working conditions associated with a job. They are intended to be accurate reflections of those principal job duties and responsibilities essential for making fair pay decisions about the job.

Taylor Morrison is an equal opportunity employer. Taylor Morrison does not discriminate against any candidate or employee on the basis of race, national origin, sex, marital status, sexual orientation, age, disability, religion or veteran status.

Benefits Of Working With Taylor Morrison

We are looking for dedicated professionals that share our values of putting the customer - and their needs - first. In addition to a great team atmosphere, career development and advancement opportunities, we offer full-time employees an extensive benefits package, to include: