Loan Assistant

Company: Layden Mortgage
Location: Franklin
Posted on: May 20, 2023

Job Description:

Are you looking for a salaried position in the mortgage industry where you get to help customers get into the home of their dreams without having to hunt for new business? If so, we need to talk!We're hiring for a full-time loan partner to work in tandem with the loan officer to properly package loans for our clients and get them mortgage ready. The loan officer will cultivate new business while you analyze customer credit, review income, and assess documents to ensure a successful close.This role is perfect for the detail-oriented self-starter who thrives on success. Plus, you'll never have to worry about commission, because we're offering a salaried position. If you want to help people find their dream home without the hassle of finding new leads, we need to talk. Our team will empower you to embrace your natural talents, and we'll give you everything you need to achieve your career goals. Ready to start? Apply today!Compensation:$60,000 - $100,000+ yearlyResponsibilities:Orchestrate the completion of loan applications, coordinate the collection of documentation including credit reports, run DU/LP/AUS, prepare the file for processing, and send a closing cost worksheet to borrowersCoordinate discussions between the loan officer, referral partners, and clients so they have a clear primary contact throughout the "contact to contract" phase of the loan process, and arrange meetings to ensure any follow-up actions get takenEstablish and maintain relationships with referral partners and borrowers to retain existing clients and attract new businessLook over all loan package paperwork to check for inconsistencies, omissions, and inaccurate income calculations and then report any errors to the loan originatorRespond to all in-house and customer inquiries regarding transactions and provide quotes when needed to offer exceptional customer serviceBuild and maintain relationships with borrowers and referral partners to keep our current customers and attract new ones. Expect 2 hours per day of outbound calls on average and a total of 4-5 hours of client interaction and 3-4 hours of daily file work.Serve as the primary contact during the "contact to contract" phase of the loan process and liaison between clients, referral partners, and the loan officer and conduct meetings to coordinate any follow-up itemsReview all loan package documentation for discrepancies, omissions, and income calculation then report any discrepancies to the loan originatorOrchestrate the completion of loan applications, coordinate the collection of documentation including credit reports, run DU/LP/AUS, prepare the file for processing, and send a closing cost worksheet to borrowersAnswer questions from customers or employees regarding transactions and give quotes when required to deliver excellent customer serviceGenerate and close at least 1 self-gen mortgage at branch margins and approximately branch average loan sizeQualifications:Minimum 2 years experience in a LOA/Loan Partner, Processor, Loan Officer, and/or Underwriter role, 5+ years experience is preferredCapable of analyzing credit reports, income, and asset documents, and can structure a loan properly in a variety of waysUp-to-date NMLS license or willing to get licensed within 90 daysMust have current working knowledge of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage procedures, processes, and documentationUnderstands automated underwriting systems such as DU and LPUnderstands automated underwriting systems such as DU and LP, GUS, etc.Must have a MASTERFUL knowledge of mortgage loan products and for what situations they apply (FHA/VA/CONV/USDA) plus a thorough knowledge of mortgage procedures, processes, and documentation. You MUST be a solution-crafter, not an order-taker.Minimum 2 years experience (ideal candidate will have 5-30+ years) in an LOA/Loan Partner, Processor, Loan Officer, and/or Underwriter roleThe ability to analyze credit reports, income, and asset documents, as well as understand myriad ways to structure a loan for the best solutions for clientsStrong communication, interpersonal, time management, and follow-up skills.Must LOVE time-blocking, repetitive procedure scaling, and checklists.Closing 1-3 transactions from personal databaseBONUS but not required: Spanish-speakingAbout CompanyLayden Mortgage is a 30+ year top-performing mortgage team in the Nashville TN area with the main office in Franklin, TN.Part of one of the fastest-growing and most successful mortgage companies in the USA, we offer a wider range of mortgage solutions and better and more consistent pricing.We are known as one of the most experienced mortgage teams in the USA, with a positive and professional work environment.If you want to partner with the best, be surrounded by top performers who enjoy putting in the top effort, serve our clients at a super-high level, and earn top rewards while growing your skills and career, this is the place to work!

Keywords: Layden Mortgage, Franklin , Loan Assistant, Other , Franklin, Tennessee