Job Overview
Join our dynamic team as a Loan Officer Assistant and play a vital role in supporting the loan origination process within a thriving financial services environment. This energetic position offers the opportunity to work closely with loan officers, assist in managing client communications, and ensure compliance with industry regulations. You will be instrumental in streamlining loan documentation, supporting mortgage servicing, and maintaining high standards of customer service. If you are passionate about finance, detail-oriented, and eager to grow your career in lending, this role is perfect for you!
Duties
- Assist loan officers with the preparation and processing of loan documentation for various mortgage types including FHA, VA, and conventional loans
- Support the loan origination process by gathering necessary borrower information and verifying credit analysis data
- Ensure compliance with all loan regulations such as TILA (Truth in Lending Act), TRID (TILA-RESPA Integrated Disclosure), and Fair Housing regulations
- Manage client communication by providing updates on application status and answering inquiries promptly and professionally
- Maintain accurate records using Encompass or similar mortgage servicing software, ensuring all loan files are complete and compliant
- Collaborate with internal teams to facilitate loan processing, underwriting, escrow management, and mortgage services
- Assist in ensuring all loan processing activities adhere to federal and banking regulatory compliance standards
Requirements
- Proven experience as a Loan Officer Assistant or in a similar role within the financial services or banking industry
- Knowledge of FNMA (Fannie Mae) guidelines, mortgage servicing, underwriting, and lending processes
- Familiarity with industry regulations including TILA, TRID, Fair Housing laws, FHA loans, VA loans, and conventional mortgages
- Strong understanding of credit analysis, loan documentation procedures, and compliance with loan regulations
- Proficiency in Microsoft Office Suite (Word, Excel) and mortgage software such as Encompass or equivalent systems
- Excellent client communication skills coupled with internal communication abilities to coordinate effectively across teams
- Basic math skills including 10-key typing for accurate data entry and escrow calculations
- Ability to stay organized under pressure while managing multiple tasks efficiently
This energetic role offers a fantastic opportunity to develop your expertise in mortgage lending while supporting clients through their homeownership journey. We are committed to fostering an inclusive environment that values compliance, industry knowledge, and exceptional customer service. Join us to be part of a team dedicated to excellence in financial services!
Job Type: Full-time
Pay: $40,000.00 - $55,000.00 per year
Benefits:
- Dental insurance
- Flexible schedule
- Relocation assistance
Work Location: In person
