Employment Opportunities with Direct Mortgage, Corp.

Mortgage Loan Closer / Funder Job Description

Responsible for closing/funding residential mortgage loans, beginning with producing initial closing disclosures and seeing the loan through to receiving the closing package from the settlement agent.

Apply for a Mortgage Loan Closer / Funder Position

Job Functions

Verifies accuracy of all signed documents. Verification processes includes: verifying correct vesting, legal description, and ensuring all underwriting conditions are met. May verify funding documents are executed correctly and all Closer checklists and calculations are completed and uploaded to the loan origination system. Identifying potential issues and working to resolve those issues in a timely manner.
Produce Initial Closing Disclosure, review with Loan Officer for approval, disclose to borrower once approved
Submit closing requests to Investor
Balance with Settlement Agent and Investor to produce Final Closing Disclosure
Send Final Closing Package to Settlement Agent for scheduled signing
Receive signed closing package from Settlement Agent once signing is complete
Review executed closing package for completeness
Request any documents and funding conditions from Settlement Agent
Provide Funding Authorization once all conditions have been met
Calculate wire amount to be sent to Settlement Agent
Order wire in appropriate Warehouse Bank’s system
Consolidate and upload executed loan package to Investor’s system for Post Closing review
Monitor loans for conditions and satisfy the tips for Purchase
Upload Purchase Advice to Warehouse Bank’s system

Required Experience

Requires basic job knowledge of systems and procedures obtained through prior work experience or education.
Knowledge of residential real estate loan products and related processing and underwriting procedures and requirements, understanding of lending documentation, internal loan processes and governmental regulations and requirements.
Typically requires 3-5 yrs Financial industry experience with exposure to consumer lending and/or mortgage industry.

Skills

Knowledge of residential real estate loan products and related processing and underwriting procedures and requirements.
Knowledge and background use of Loan Origination Systems.
Ability and background of stacking and formatting digital documents and PDF files.
Understanding and knowledge of lending documentation, internal loan processes and governmental regulations and requirements.
Demonstrated customer service skills.
General familiarity with office procedures.
Good verbal and written communication skills.
Math and analysis.
Knowledge of 10-key calculator, photocopier and fax machine.
PC proficiency with Windows based software in Word, Outlook and Excel.

Benefits

401(k)
401(k) matching
Dental insurance
Health insurance
Paid time off
Vision insurance

Loan Officer Job Description

We are looking for a loan officer to evaluate, authorize approval or deny loan applications for people or for business. You will act as liaison between customers and our financial institution and you will help qualified applicants acquire loans in a timely manner.

Apply for a Loan Officer Position

Job Functions

Evaluate credit worthiness by processing loan applications and documentation within specified limits
Interview applicants to determine financial eligibility and feasibility of granting loans
Determine all applicable ratios and metrics and set up debt payment plans
Communicate with clients either to request or to provide information
Justify decisions (approvals/rejections) and report on them
Complete loan contracts and counsel clients on policies and restrictions
Update job knowledge on types of loans and other financial services
Maintain and update account records
Assess customer needs, explore all options and introduce different types of loans
Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
Operate in compliance with laws and regulations and adhere to lending compliance guidelines

Required Experience

Must be NMLS licensed
Must prove minimum 2 years experience as Loan Officer

Skills

Proven working experience as a loan officer
Familiarity with computers and banking applications/software
Solid understanding of direct/indirect lending products and practices
Excellent communication and interpersonal skills
Customer satisfaction orientation and sales competencies
Ability to work in a goal oriented environment
Bachelor of Science degree in finance, economics or a related field

Benefits

401(k)
401(k) matching
Dental insurance
Health insurance
Paid time off
Vision insurance

Loan Officer – Call Center Job Description

Leads provided. The Mortgage Loan Officer is a customer focused, inside sales position within the Call Center. Will be responsible for taking in-bound calls through marketing campaigns. Will conduct the initial pre-qualification phone screen and prepare the loan application and necessary documentation. Will provide high quality service to both internal and external customers by selecting the best options and taking ownership to resolve problems and meet customer needs. Will provide the role of a traditional Loan Officer after making initial contact with the customer through close and post close follow up as necessary.

Apply for a Loan Officer – Call Center Position

Job Functions

Must be NMLS licensed
Must prove minimum 1 years experience as Loan Officer

Required Experience

Evaluate credit worthiness by processing loan applications and documentation within specified limits
Interview applicants to determine financial eligibility and feasibility of granting loans
Determine all applicable ratios and metrics and set up debt payment plans
Communicate with clients either to request or to provide information
Justify decisions (approvals/rejections) and report on them
Complete loan contracts and counsel clients on policies and restrictions
Update job knowledge on types of loans and other financial services
Maintain and update account records
Assess customer needs, explore all options and introduce different types of loans
Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
Operate in compliance with laws and regulations and adhere to lending compliance guidelines

Skills

Experience as a loan officer
Familiarity with computers and banking applications/software
Solid understanding of direct/indirect lending products and practices
Excellent communication and interpersonal skills
Customer satisfaction orientation and sales competencies
Ability to work in a goal oriented environment
Bachelor of Science degree in finance, economics or a related field

Benefits

401(k)
401(k) matching
Dental insurance
Health insurance
Paid time off
Vision insurance

Loan Processor Job Description

We’re looking for a Mortgage Loan Processor with experience in the lender model to join our top-producing team. If you are passionate about helping others and excel at closing loan applications quickly, we have a spot for you! Your primary responsibility will be to oversee the loan process from origination to close.

Apply for a Loan Processor Position

Job Functions

Review credit report and other liability documentation
Calculate income and assets from statements and supporting documents
Must be able to understand and interpret tax returns including self-employed and Schedule “C” income
Proficient in analyzing the title report, purchase contract, HOA, homeowner’s insurance and identifying potential fraudulent or suspicions information
Responsible for obtaining required borrower documentation and required disclosures
COC, LE, and CD preparation
Daily responsibilities include running the loan information through Automated Underwriting System (AUS) and validating the loan documents against the automated underwriting findings and calculating funds required to close
Complete processing milestone and push to Underwriting
Maintain a high level of customer service including extensive communication with the DKMC Loan Officer, Underwriter, Closer and Manager

Required Experience

Minimum 3 years’ processing experience
Experience with DU and LP
Jumbo Loan Processing Experience
Experience with conventional, FHA, VA ,USDA, and State Bond Programs
Strong analytical skills, including manual and automatic income and asset calculations
Strong customer service skills
Strong understanding of Agency guidelines (FNMA, FHLMC)

Skills

Some College Preferred
Experience submitting loans to multiple investors
Familiar with Loan Origination Systems

Benefits

401(k)
401(k) matching
Dental insurance
Health insurance
Paid time off
Vision insurance