Residential Loan Administrator
Wakefield, MA, United States
We offer a competitive compensation and benefits package, along with the opportunity to work with an experienced, hard-working group of professionals focused on camaraderie, teamwork, work/life balance, prompt and friendly service, and dedication to the bank’s success. Our culture supports open communication, welcomes product and service ideas, and encourages strategic and other dialogue with senior management.
Residential Loan Administrator Position Overview
•Responsible for the administration of residential mortgage loans from application.
Administrate residential mortgage loans from application through funding.Duties include but are not limited to:
File setup
Loan costs and fees verification
Determining, requesting and gathering applicable applicant documentation
Issuing initial and amended LE and disclosures
Requesting and gathering applicable documentation for underwriting conditions
Issuing initial and amended CD
Issuing closing packages
Responsible for working with customers via all channels of communication.
Responsible for compliance with all applicable federal and state regulations and secondary market guidelines, policies and procedures.
Attends/completes relevant courses and seminars, as assigned.
Requirements
•Minimum of five or more years' experience in residential loan administration.
•Extensive working knowledge of Encompass LOS
•Knowledge of Fannie Mae products and guidelines.
•Knowledge of other secondary market products and guidelines.
•Working knowledge of MS Office applications: Word, Excel, Outlook
Other Skills/Abilities
•Exceptional customer service skills, ability to multi-task and a cooperative team approach is essential.
•Proficiency in all relevant computer technology.
•Adherence to corporate dress code.
•Regular attendance and punctuality is essential to this position.
Other Duties
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is expected that from time to time other duties, both related and unrelated to the above, may be assigned and therefore, required.
If you’re interested in joining the Wakefield Co-op team, please email your resume and cover letter to Joyce Grasso at [email protected] . No phone calls please.
Wakefield Co-operative Bank is an Equal Opportunity Employer.
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