Responsible for processing loan applications in an accurate, efficient, and timely manner in accordance with rules and regulations. Takes on the role as liaison in the collection of supporting loan documentation, distribution of regulatory disclosures, documentation, and other related duties.

• Calculates and verifies member’s income, assets and liabilities.
• Verifies borrower’s creditworthiness and ability to repay loan
• Documents loans to ensure compliance with regulatory and legal requirements

Wholesale Account Managers, or Wholesale Loan Processors are responsible for locating, signing-up, training, and soliciting mortgage loans from mortgage brokers, mortgage bankers, banks, and credit unions.

• Perform review of loans originated by third parties for general guidelines and identify outstanding items or questions
• Discuss conditions as dictated by UW and internal policy, and ensure client/client manager understands what is required
• Communicate all approval status changes and clear to close statuses with client and/or client manager

Reviews and approves loan conditions ranging from simple to complex, and progresses loan file from initial approval stage to ready for docs stage.

• Demonstrate leadership skills as a team player by providing superior customer service
• Manage expected service levels related to decision and condition clearing
• Maintain knowledge of company’s guidelines, policies, and procedures

Evaluates and analyzes residential loan packages submitted for approval to the agency. Determines borrowers’ credit worthiness and acceptability of properties offered as security in real estate loan transactions.

• Possess and maintain current knowledge of FNMA/FHLMC guidelines/FHA and VA Guidelines and agency/industry regulations
• Ensure compliance with state and federal lending laws and investor guidelines
• Learn and help to enforce company underwriting protocol

VA Underwriters handle files in accordance with investor and company guidelines, specifically VA loans.

• Must have VA LAPP and have recent VA underwriting experience
• Demonstrate high volume productivity
• Excellent time management skills; detail-oriented and multi-tasked

Responsible for auditing the credit file for accuracy and reviewing signed loan docs, confirming all documents were filed correctly. Responsible for calculating and requesting wires.

• Sending out funding conditions to title/escrow and reviewing for accuracy once received
• Improve your return on investment and service levels
• Take advantage of new technologies like cloud