What are the responsibilities and job description for the Licensed Loan Officer Assistant position at Team Nouri Mortgage - NEXA Mortgage?
Company Overview:
Team Nouri Mortgage - Empowered by NEXA Mortgage is a leading mortgage lending company dedicated to providing exceptional financial solutions for individuals and families seeking home purchase or refinancing options.
Position Overview:
As a Loan Officer Assistant with 3 years of experience, you will play a vital role in supporting our Loan Officers in the seamless execution of their daily tasks.
Responsibilities:
Collaborate closely with Loan Officers to collect, review, and organize client documentation required for loan applications.
Ensure the accuracy and completeness of loan packages before submission for processing.
Maintain clear and proactive communication with clients, providing updates on loan status and addressing inquiries throughout the application process.
Assist in coordinating with underwriters, processors, and other team members to expedite the processing of loans and facilitate timely closings.
Engage with external parties such as appraisers, title companies, and insurance providers to facilitate property evaluations and insurance coverage.
Uphold an up-to-date understanding of industry regulations, compliance standards, and lending guidelines to ensure all activities remain within legal and ethical parameters.
Assist in evaluating applicants' financial profiles and credit reports to assess eligibility for various loan products.
Conduct preliminary reviews of loan applications to identify potential discrepancies or areas of concern.
Utilize loan management software and tools to monitor application progress, maintain accurate client information, and generate necessary reports.
Participate actively in team meetings and training sessions to remain informed about industry trends, product offerings, and company policies.
Deliver exceptional customer service by responding professionally and promptly to client inquiries.
Support Loan Officers in achieving individual and team targets for loan volume and overall performance.
Qualifications:
Bachelor's degree in Finance, Business, Economics, or a related field is preferred but not required.
3 years of experience as a Loan Officer Assistant, Mortgage Processor, or similar role within the mortgage industry.
Profound understanding of mortgage lending processes, regulations, and compliance requirements.
Proficiency in loan management software and Microsoft Office Suite.
Excellent verbal and written communication skills.
Exceptional attention to detail and strong organizational abilities.
Ability to manage multiple tasks in a fast-paced, deadline-driven environment.
Positive team player with excellent interpersonal skills.
Self-motivated and capable of working independently while contributing effectively to a collaborative team environment.
