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Position purpose - Responsibilities/Duties/Functions/Tasks
The purpose of this position is to assist the loan officer and processor with the work flow on each transaction, including chasing docs, following up with title and insurance companies, and providing status updates to realtors, builders, sellers, and borrowers.
Assists the processor with Loan Status Gram email/fax to all pertinent loan parties
·Attends processor meetings with management to report the progress of each loan projected to fund in given month
·Assists Loan Officer with scheduling pre-qualification and application appointments
·Assists Loan Officer with scheduling business development calls/appointments to include realtors, builders, and qualifying brokers
·Assists Loan Officer with post-closing markets
·Assists Loan officer with inputting loans into databases
Qualifications
·Basic reading, writing, and arithmetic skills
·Strong attention to detail
·Excellent customer service skills
·Strong communication skills, both written and oral
·Ability to effectively and professionally handle difficult situations that may arise when working with branches/divisions
·Ability to multi-task
·Knowledge of Microsoft Excel and Microsoft Word
·Familiarity with Accounting terms and procedures (e.g. debits, credits, General Ledgers, etc.)
Preferences
·Knowledge of Microsoft Office and telephone protocol
·Ability to type 50 wpm
·Reporting Skills, Administrative Writing Skills, Process Management, Organization, Analysis, Professionalism, Problem Solving, Supply Management, Inventory Control
Company Conformance Statement
In the performance of assigned tasks and duties all employees are expected to conform to the following:
Work Requirements
Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and effectively perform in an office setting. Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies. The ability to work extended hours may be required.
Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Full Time
$45k-55k (estimate)
09/07/2024
11/06/2024
The job skills required for Loan Officer Assistant include Customer Service, Analysis, Problem Solving, Microsoft Office, Attention to Detail, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Officer Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Officer Assistant. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Officer Assistant positions, which can be used as a reference in future career path planning. As a Loan Officer Assistant, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Officer Assistant. You can explore the career advancement for a Loan Officer Assistant below and select your interested title to get hiring information.
If you are interested in becoming a Loan Officer Assistant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Officer Assistant for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Officer Assistant job description and responsibilities
The Loan Officer Assistant position supports one or more Loan Officers by ensuring loan files are complete and loans close as scheduled.
03/15/2022: Provo, UT
Supports the marketing activities of the assigned loan officers and provides administrative support.
03/16/2022: Brockton, MA
The loan officer assistant will package up the mortgage loan application for the loan officer to review before disclosing the loan.
03/27/2022: Billings, MT
The loan officer assistant will gather many documents and paperwork to prepare the file to get assigned to a mortgage loan processor.
01/30/2022: Lawrence, MA
Loan officer assistants are responsible for assisting with the loan application process by reviewing and preparing client documents within a given period of time.
01/31/2022: Florence, SC
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Officer Assistant jobs
Most loan officer assistants are licensed and have many years of loan origination and processing experience.
03/31/2022: Elyria, OH
Need to be familiar and expert with a loan origination system such as Encompass and/or Calyx Point.
02/05/2022: Orlando, FL
Study mortgage applications and processes.
02/11/2022: Miami, FL
Learn all applicable loan programs and processes and stay current with changes and new products.
02/01/2022: Phoenix, AZ
Assisted clients with transactions and communicated status of home loans, thereby building strong base of referral business due to delivery of excellent service.
02/17/2022: Alexandria, LA
Step 3: View the best colleges and universities for Loan Officer Assistant.