Mortgage Loan Assistant
CurrentCollect and review customer documentation necessary to complete loan transaction, such as income documentation, asset statements and initial disclosure documents. Insert all documentation into system, Encompass.Reviews loan application before sending to processing department. Ensures information is accurate and inputs missing information. Review and request conditions, constant communication with borrowers to clear all conditions after underwriting review.Daily Maintain and update pipeline of active loans. Ability to maintain a high level of professionalism, customer service, and communication with customer and LOVerify contracts are executed, contain all addendums and correct purchase price and property addressRunning MI Quotes on Conventional loansRunning MIP on FHA loansReview bank statements and paper trail if needed. Review appraisal upon receipt, verify appraised value and sends to borrower.Provide full closing disclosure to borrowers and agents before closing. Communicate with borrower, real estate agents and escrow officers atthe start of transactions.Organize loan files and documentation to meet loan requirements.Request Initial Closing Disclosures and Loan EstimatesTSAHC - update reservation and obtain commitment letter Orders Title, Hazard Insurance, FHA Amendatory Clause and FHA Builder docs (if needed) Follows up on City of Dallas for master building permits and verify sellers through DCADEnsures all conditions are addressed before Processor sends for re-submittal or final submittalUpdate locks and request lock extensions