Job Summary
We are seeking a highly motivated and detail-oriented Licensed Loan Officer Assistant to join our dynamic financial services team. In this pivotal role, you will support licensed loan officers by managing loan documentation, ensuring compliance with industry regulations, and facilitating smooth loan processing workflows. Your expertise will help streamline the mortgage lending process, uphold regulatory standards, and deliver exceptional service to our clients. This position offers an exciting opportunity to grow within the mortgage and banking industry while contributing to a collaborative and fast-paced environment.
Duties
- Assist licensed loan officers in preparing and organizing loan applications, supporting documents, and contracts for various mortgage products including FHA, VA, conventional, and other government-backed loans
- Verify borrower information through credit analysis, income verification, and asset documentation to ensure accuracy and completeness
- Ensure all loan files comply with FNMA (Fannie Mae), TRID (TILA-RESPA Integrated Disclosure), Fair Housing regulations, and other federal or state requirements
- Support loan origination processes by coordinating with borrowers, real estate agents, underwriters, and escrow officers to facilitate timely approvals
- Maintain detailed records of loan processing activities using Encompass or similar mortgage servicing software
- Monitor compliance with all applicable banking regulations and mortgage servicing standards throughout the loan lifecycle
- Assist in preparing disclosures, disclosures updates, and ensuring adherence to TILA (Truth in Lending Act) guidelines during the loan process
Requirements
- Valid license as a Loan Officer Assistant or relevant licensing credentials in accordance with state regulations
- Proven experience supporting loan origination processes within the financial services or mortgage industry
- Strong understanding of FNMA guidelines, mortgage servicing procedures, and industry knowledge of financial regulations including TILA, TRID compliance, and fair housing laws
- Familiarity with underwriting processes for FHA loans, VA loans, conventional mortgages, and other government-backed programs
- Knowledge of mortgage processing software such as Encompass or similar platforms
- Ability to perform credit analysis, basic math calculations, escrow calculations, and 10-key typing efficiently
- Excellent organizational skills with attention to detail in handling contracts and compliance documentation
- Strong communication skills to coordinate effectively with clients and team members while maintaining confidentiality
Join us in delivering top-tier mortgage services by supporting our licensed loan officers with precision and professionalism. We value energetic team players who are eager to grow their expertise in a thriving financial environment. This paid position offers a rewarding career path for those passionate about helping clients achieve their homeownership goals while adhering to the highest standards of compliance.
Pay: $15,000.00 - $85,000.00 per year
Work Location: Hybrid remote in Katy, TX 77494
