Mortgage Loan Assistant

Position Summary

Responsible for assisting ahigh producing mortgage lender in managing their pipeline of routine residentialmortgage loans. Assists the mortgagelender by "taking over" a mortgage loan application and managing it through itsdecisioning process. The ultimate objective is for an MLA to free up a highproducer(s) so that they can prospect for and generate additional business by way ofinviting additional mortgage loan applications.

Essential Duties andResponsibilities (Other duties may be assigned.)

• Demonstrated knowledge and understanding of howpopular residential mortgage loans like Conventional Conforming, FHA, VA, USDAand construction loans are applied for, processed, underwritten and closed.
• Interfacing with a mortgage client soon after anapplication is filed to begin collecting the documents necessary to completethe loan file to be submitted to a processor.
• Follow up on leads generated by their Mortgage Lenderto convert it into a loan application.
• When required, step in to assist the processor and themortgage client to clear critical conditions placed on a loan application sothat a decision is rendered on time.
• Prepare and provide a pre-qualification letter to arequesting mortgage client. Follow up and keep close contact with these clientswith an ultimate objective to convert them into a formal mortgage loanapplication.
• Offer loan restructuring alternatives to mortgageapplicants when applicable.
• Coordinate the closing date on each loan with a clearexpectation of meeting it. Apprise the mortgage client, the mortgage lender,realtor(s) and any other party as applicable if the closing date requiresrevision.
• Assume ownership of customer problems to achieveresolution.
• Serve as an additional contact in responding to mortgagelenders customer inquiries relative to mortgage loan products, rates,procedures, etc.
• Manage the mortgage lenders pipeline to determinefiles are dispositioned in a proper and timely manner.

Qualifications

Certificates, Licenses,Registrations

Must be licensed with NMLSprior to hire or before any mortgage loan applications may be taken.

FIRST COMMUNITY BANK (SC) is an EEO employer - M / F / Vets / Disabled