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Job Description
Loan Officer Assistant NextMortgage - 5.0 DeBary, FL Job Details Full-time $50,518.66 - $60,839.68 a year 1 day ago Benefits Health savings account Health insurance Dental insurance 401(k) Paid time off Vision insurance Life insurance Qualifications Underwriting verification process Escrow Contract documentation review Contract review Fair Housing Act Loan compliance checks Underwriting guidelines adherence Credit risk assessment Customer service Basic math Mortgage compliance Contract interpretation Consumer lending analysis in risk and credit Compliance documentation Organizational skills Credit report review Debt-to-income ratio analysis Typing 10 key typing Customer support for financial loans FNMA Verification (borrower information) Real estate contracts Credit report analysis Regulatory compliance analysis Documentation Handling Entry level Full Job Description Overview Join our dynamic team as a Loan Officer Assistant and play a vital role in supporting the loan origination process within our thriving financial services environment. This energetic position offers an exciting opportunity to work closely with experienced loan officers, ensuring smooth loan processing, compliance, and customer service. You'll be instrumental in helping clients achieve their homeownership goals while gaining valuable experience in mortgage lending, underwriting, and regulatory standards. If you're detail-oriented, motivated, and eager to grow your career in banking and mortgage services, this role is perfect for you! Duties Assist loan officers with preparing and reviewing loan applications, ensuring all documentation meets FNMA (Fannie Mae) guidelines and underwriting standards. Support the loan origination process by gathering necessary financial information, verifying borrower details, and conducting credit analysis. Coordinate with clients to collect required documentation such as income statements, credit reports, and escrow information to facilitate smooth loan processing. Ensure compliance with Fair Housing regulations and TILA (Truth in Lending Act) disclosures throughout the loan lifecycle. Help prepare contracts, disclosures, and other legal documents related to mortgage loans while maintaining accuracy and confidentiality. Collaborate with mortgage servicing teams to track loan status updates, escrow accounts, and repayment schedules. Perform basic math calculations for debt-to-income ratios and other financial assessments using 10-key typing skills to ensure precision. Skills Strong knowledge of FNMA guidelines, underwriting procedures, and mortgage servicing processes. Experience in loan origination, processing, or related financial services roles preferred. Familiarity with credit analysis techniques and TILA regulations to ensure transparent lending practices. Ability to interpret contracts, escrow agreements, and banking documents accurately. Proficiency in basic math skills necessary for calculating ratios and verifying figures efficiently. Excellent organizational skills with attention to detail when handling multiple files simultaneously. Knowledge of Fair Housing regulations and compliance standards within the mortgage industry. This role offers a vibrant environment where your contributions directly impact clients' dreams of homeownership! We are committed to fostering growth through comprehensive training on mortgage products, regulatory compliance including TILA and Fair Housing laws, as well as ongoing support for your professional development in banking and financial services. Join us to be part of a team that values enthusiasm, precision, and a proactive approach to helping others succeed!
Pay:
$50,518.66 - $60,839.68 per year
Benefits:
401(k) Dental insurance Health insurance Health savings account Life insurance Paid time off Vision insurance