Location
San Diego, CA | United States
Job description
Job description
We are looking for a Mortgage Loan Disclosure Specialist to join our team! This role will primarily be responsible for ensuring that initial disclosures are prepared completely with accurate loan information and meet required time frames and setting up new loans properly in the system. Check out our team and what makes FundLoans so great! https://www.fundloans.com/careers
DUTIES AND RESPONSIBILITIES:
- Assisting with the registration of a new loan submission
- Setting up the loan file in the loan origination system
- Assisting in or running and/or verifying credit reports; using fraud tools; Pulling and verifying flood certifications
- Indexing and stacking the loan file
- Entering required data into the LOS and computer system(s); maintaining/ensuring the accuracy of said data
- Reviewing new loan documentation to ensure accuracy; Reviewing files to make sure they are accurate and complete
- Submitting files to the Company’s Account Managers for processing
- Identifying new files in the opening queue; managing the broker submission queue
- Communicating directly with brokers should any items be missing for submission
- Ensuring compliance with TRID in regard to initial disclosures, re-disclosures, closing disclosures, cancellations, and declinations; monitoring incoming documents from client broker; verifying data collected and submitted by client brokers
- Ordering verifications of employment and any other items necessary for the prefunding and underwriting processes
- Verify data and documentation provided by the broker; prepare the initial closing disclosure within 24 hours of receipt.
- Work on all files in a “first in first out” (FIFO) order, as well as prioritizing “rush” files
- Review and audit data entry in Encompass and provide documentation for errors based on information uploaded into the system (title fees, sales/purchase contract, invoices, HOI, taxes etc.) and make corrections to ensure the data entered reflects accurate/compliant information and meets all state and federal regulations
- Send the prepared Initial Closing Disclosure to the borrower and wholesale broker via Encompass e-sign, US mail, and/or print to have executed in person
- Notify the wholesale broker when the initial closing disclosure have been sent to the borrower
- Prepare and issue any change of circumstance Closing Disclosures to the borrower and wholesale broker as requested from the Account Management Team
- Assisting departmental support staff as necessary
- Other related tasks as assigned.
QUALIFICATIONS:
- 2-3 years related experience or equivalent.
- Must have experience issuing disclosures and knowledge of TRID,RESPA,ECOA,TILA, and HMDA.
- Proficient with Microsoft Outlook
- Commitment to excellence and high standards
- Excellent written and oral communication skills
- Ability to manage priorities and workflow
- Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
- Acute attention to detail
- Excellent customer service skills
- Demonstrated ability to calculate figures and amounts such as discounts, interest, and percentages.
- Ability to effectively present information and respond to questions.
- Ability to effectively communicate with people at all levels and from various backgrounds.
BANK SECRECY ACT REQUIREMENTS
Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank's customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.
WORK CONDITIONS
Standard office environment with a moderate noise level.
PHYSICAL DEMANDS
While performing the duties of this job, the employee is:
- Regularly required to talk or hear;
- Required to sit or stand for long periods and reach with hands and arms;
- Occasionally required to stand; walk;
- Must be able to communicate with customer and co- workers verbally and in writing;
- Able to read documents, computer screens, reports, other communications and can adjust focus and close vision.
FundLoans does not and shall not discriminate based on race, color, religion, gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. FundLoans is an equal employment opportunity employer. We support diversity for the benefit and advancement of our employees, products, and clients we serve.
Job Type: Full-time
Salary: $25.00 - $29.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Referral program
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Supplemental pay types:
Experience:
- mortgage loan disclosure: 2 years (Required)
Language:
Ability to Commute:
- San Diego, CA 92130 (Required)
Ability to Relocate:
- San Diego, CA 92130: Relocate before starting work (Required)
Work Location: In person
Job tags
Salary
