Senior Administration Officer - Broker Mortgage Funding
Current-Responsible for the daily administration and processing of financial transactions and mortgage products in accordance with organizational standards, policies and procedures-Communicate with underwriters and FCT to ensure deals always close on time-Proficient in processing mortgage transactions using systems such as MOS, filogix, linklender, monetis and T24-Responsible for ensuring the completeness and accuracy of documents which include client ID’s, mortgage commitment letters, agreement and acknowledgement forms, formal undertaking documents, etc-Following up with FCT and lawyers for outstanding documentation or any errors/inconsistencies with client information-Complete mortgage transactions ranging from purchases, internal and external refinances, bridge loans and porting-Prepare the wiring of funds using monetis and disbursing deals through T24-Additional tasks involve the remittance of appraisal fees to brokerages, HELOC increases, wire transfers, and insurance premium payments to CMHC and Genworth