Mortgage Loan Set-Up Assistant

Job Description

Job Description

Benefits :

401(k)

Bonus based on performance

Competitive salary

Paid time off

Training & development

Flexible schedule

Job Summary

We are seeking a motivated and outgoing Loan Set-Up Analyst to join our team. In this role, you will provide support to our Loan Processing team and Loan Officers in setting up, processing, and closing loans. The ideal candidate is highly organized with excellent written and verbal communication skills and a friendly demeanor.

Responsibilities

• Contribute to company reports.
• Maintain an organized filing system.
• Collecting buyer documents.
• Registering Loans with Investors.
• Receive and Review Loan Applications : Review applications for completeness.
• Register Loan Files with Lenders : Register the file with the selected lenders.
• Lock or Float the Rate : Lock the rate or float it through the lenders portal.
• Request Disclosures : Ensure that the disclosures are requested.
• Send the File to Processing : Forward the complete file to the processing team.
• Request Appraisal, Title, HOI Quotes, and Condo Docs (If applicable).
• Maintain Organized Records : Keep accurate records of all loan files and related documents.
• Assist in Loan Closing : Help finalize the loan after underwriting approval. Ensure the title and closer start balancing the CD.

Qualifications

• Previous experience as a Loan Assistant or Processor or in a similar position required.
• Excellent computer skills and knowledge of Microsoft Word, Outlook, and PowerPoint. Familiarity with LOS software preferred.
• Highly organized with excellent time management skills and the ability to prioritize time-sensitive projects.
• Spanish speaking is a bonus!

Benefits / Perks

• Competitive Compensation
• Paid Time Off
• Career Growth Opportunities
• Annual Salary of 40,000 - 55,000 depending on experience.
• Bonus structure for loans closed.
• Hybrid schedule possible after employment trial period