Job Summary We are seeking a proactive and detail-oriented Loan Officer Assistant to join our dynamic financial services team. In this vital role, you will support loan officers throughout the entire loan process, ensuring smooth operations and exceptional client service. Your expertise will help facilitate loan origination, maintain compliance with industry regulations, and assist in delivering comprehensive mortgage solutions. This position offers an exciting opportunity to grow within the lending industry while contributing to a team dedicated to excellence and integrity. Duties Assist loan officers with loan origination activities, including gathering client documentation and preparing initial applications. Review and verify loan documentation for accuracy, completeness, and compliance with FNMA (Fannie Mae), FHA (Federal Housing Administration), VA (Veterans Affairs), and other industry standards. Support the loan processing team by coordinating with clients, real estate agents, title companies, and underwriters to ensure timely submission of required information. Conduct credit analysis by reviewing credit reports and supporting the assessment of borrower eligibility in accordance with lending guidelines. Ensure adherence to TRID (TILA-RESPA Integrated Disclosure) regulations by preparing and distributing necessary disclosures to clients. Maintain detailed records of all loan documentation, escrow accounts, and compliance reports using Encompass or similar mortgage servicing software. Assist in ensuring all loans meet federal, state, and local banking regulatory compliance standards, including Fair Housing laws and mortgage servicing regulations. Support internal communication efforts by providing clear updates on loan status and coordinating between departments to expedite processing. Perform basic math calculations for loan figures, escrow amounts, and payment schedules using 10-key typing skills. Skills Strong knowledge of FNMA guidelines, mortgage servicing procedures, and industry-specific regulations such as TILA (Truth in Lending Act) and Fair Housing laws. Experience with loan origination processes, underwriting support, and mortgage documentation management. Familiarity with TRID compliance requirements for disclosure processes. Proficiency in Microsoft Office Suite (Word, Excel) for data entry, report generation, and communication purposes. Ability to analyze credit reports accurately and support lending decisions based on financial data. Knowledge of FHA loans, VA loans, conventional mortgages, and related federal programs. Understanding of banking regulatory compliance related to mortgage lending and financial services industry standards. Excellent client communication skills to provide professional assistance throughout the loan process. Strong organizational skills for managing multiple files while maintaining attention to detail under deadlines. Ability to work collaboratively within a team environment while maintaining clear internal communication channels. Basic math skills necessary for calculating payments, escrow amounts, and other financial figures accurately. Join us as a Loan Officer Assistant if you're eager to develop your career in the lending industry while supporting clients through their homeownership journey! We value professionalism, integrity, and a passion for delivering outstanding service in every interaction.

Pay:

$50,700.93 - $60,284.99 per year

Work Location:

In person