Loan Set Up Coordinator
Summit Funding, Inc. is one of the oldest privately owned top 50 national mortgage lenders, emphasizing a growth mindset and positive culture. The Loan Set Up Coordinator will perform all loan set up functions to ensure a complete and organized file is ready for processing, working closely with the Loan Coordinator and Operations Manager.
Responsibilities
- Complete loan set up within 48 hours of receipt
- Verify loan file is complete, and Loan Officer has provided completed checklist and CCI, accompanying disclosures, documents, needs list, anticipated or confirmed program/investor, and etc
- Return any incomplete loans back to Loan Officer. Send e-mail with list of missing items for completion to Loan Officer and Branch Manager
- Order appraisals, preliminaries, flood, verifications, and all other validations required by Summit Funding, Inc
- Assist Loan Coordinator(s) with follow up for items requested
- Perform all branch file cancellations per current Loan Cancellation Policy
- Learn how to properly re-disclose a loan, as needed
- Place detailed comments in the conversation log every time a file is handled
Skills
- Prefer a minimum of 1 year of recent experience in the mortgage industry in a Loan Set Up or Junior Processing position with a retail mortgage lender
- Must be proficient in Word, Excel, and Outlook applications
- Must be proficient in DU/DO, LP, & major Originating systems. Encompass highly preferred
- Must have excellent verbal and written communication skills
- Must have a positive attitude
- Must be dependable, self-motivated, and require minimal supervision
- Must be proficient with all guidelines and websites necessary to complete job functions
- Must be detail oriented
- Must be able to work under pressure to meet deadlines
- Must be able to organize, prioritize, and manage time
- Candidates must be able to report into the downtown Chicago office as needed, but work from home opportunities will be available
Benefits
- We offer a competitive compensation structure
- Professional and financial growth through building teams
- Professional Coaching and mentoring
- Full benefits including 401K with match
Company Overview