What are the responsibilities and job description for the Mortgage Loan Coordinator position at Bay Equity Home Loans?
Key Aspects of the Role:
The successful candidate will be responsible for overseeing the initial application process, qualifying clients, reviewing supporting documentation for income calculations, and thoroughly examining all details of the application with the client.
Software and Tools Used:
The primary loan origination system is Encompass, and the candidate will be required to input client data into a customer relationship management (CRM) platform for follow-up purposes.
Qualifications and Responsibilities:
To excel in this position, the individual must possess strong skills in income calculation, reading credit reports, and accurately assessing applications using automated underwriting systems (AUS).
Workload Management:
The ideal candidate will be able to effectively manage a pipeline of 25-30 loans at any given time, ensuring timely and efficient processing of applications.