No Recruiters Please

We are seeking a Mortgage Loan Disclosure Analyst to join our team! In this role, you will be primarily responsible for accurately setting up files and preparing initial disclosures with precise loan information. You will also ensure that all disclosures are completed within the required time frames and that new loans are properly setup in the system. This fast paced position requires thorough knowledge of credit file documents, including 1003, bank statements, title documents.

Check out our team and what makes FundLoans so great! https://www.fundloans.com/careers

DUTIES AND RESPONSIBILITIES:

Assisting with the registration of a new loan submission
Setting up the loan file in the loan origination system
Assisting in or running and/or verifying credit reports; using fraud tools; Pulling and verifying flood certifications
Indexing and stacking the loan file
Entering required data into the LOS and computer system(s); maintaining/ensuring the accuracy of said data
Reviewing new loan documentation to ensure accuracy; Reviewing files to make sure they are accurate and complete
Run Cost Estimators on applicable files
Submitting files to the Company’s Account Managers for processing
Identifying new files in the opening queue; managing the broker submission queue
Communicating directly with brokers should any items be missing for submission
Ensuring compliance with TRID in regard to initial disclosures, re-disclosures, closing disclosures, cancellations, and declinations; monitoring incoming documents from client broker; verifying data collected and submitted by client brokers
Ordering verifications of employment and any other items necessary for the prefunding and underwriting processes
Verify data and documentation provided by the broker; prepare the initial closing disclosure within 24 hours of receipt.
Work on all files in a “first in first out” (FIFO) order, as well as prioritizing “rush” files
Review and audit data entry in Encompass and provide documentation for errors based on information uploaded into the system (title fees, sales/purchase contract, invoices, HOI, taxes etc.) and make corrections to ensure the data entered reflects accurate/compliant information and meets all state and federal regulations
Send the prepared Initial Closing Disclosure to the borrower and wholesale broker via Encompass e-sign, US mail, and/or print to have executed in person
Notify the wholesale broker when the initial closing disclosure have been sent to the borrower
Prepare and issue any change of circumstance Closing Disclosures to the borrower and wholesale broker as requested from the Account Management Team
Assisting departmental support staff as necessary
Other related tasks as assigned.

QUALIFICATIONS:

2-3 years related experience or equivalent.
Thorough knowledge of credit file documents, including the 1003 form, bank statements, and title documents, etc.
Must have experience issuing disclosures and knowledge of TRID,RESPA,ECOA,TILA, and HMDA.
Proficient with Microsoft Outlook
Commitment to excellence and high standards
Excellent written and oral communication skills
Ability to manage priorities and workflow
Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
Acute attention to detail
Excellent customer service skills
Demonstrated ability to calculate figures and amounts such as discounts, interest, and percentages.
Ability to effectively present information and respond to questions.
Ability to effectively communicate with people at all levels and from various backgrounds.

BANK SECRECY ACT REQUIREMENTS

Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank's customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.

WORK CONDITIONS

Standard office environment with a moderate noise level.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is:

Regularly required to talk or hear;
Required to sit or stand for long periods and reach with hands and arms;
Occasionally required to stand; walk;
Must be able to communicate with customer and co- workers verbally and in writing;
Able to read documents, computer screens, reports, other communications and can adjust focus and close vision.
FundLoans does not and shall not discriminate based on race, color, religion, gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. FundLoans is an equal employment opportunity employer. We support diversity for the benefit and advancement of our employees, products, and clients we serve.

FundLoans jobs

Disclosure Analyst