Mortgage Loan Specialist I
Simmons Bank · Little Rock, Arkansas, US
It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Mortg...
Job description
It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Mortgage Loan Specialist I prepares and processes documentation for real estate loans to ensure they are closed in conformance with underwriting guidelines. Essential Duties and Responsibilities: - Scans closed loan package into Encompass and indexes documents into correct folders for submission to investors. - Prepares all transfer letters to borrowers, insurance, flood and PMI companies. - Completes Freddie Mac information in system if applicable. - Monitors for purchase by investor and sends purchase advice to investor. - Transfers the MERS to the investor. - Activates PMI if applicable. - For FHA/VA loans, orders mortgage insurance certificate. - Sends final documents to investor within 60 days of purchase. - Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training. - Performs other duties and responsibilities as assigned. Qualifications: To perform this job successf...