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Loan Officer Assistant (Fairway Independent Mortgage Corporation)
Ref No.: 16-07883
Location: Dover, New Hampshire
Reports to: Branch Manager or Branch Loan Processor Lead
Employment Status: Full-Time
FLSA Status: Non-Exempt
Branch location: Dover, NH
Job Summary: Base Salary negotiable ( Licensed not needed)
The Branch Processor position prepares loan files for residential mortgage applications. Communicates with branch and corporate employees in a timely, efficient, and courteous manner.
Essential Job Functions:
  • Works with Loan Officer to determine product suitability; communicates changes to loan officer
  • Complies financial and other needed data to complete loan file
  • Orders supporting documentation, such as appraisals, verifications of employment, verifications of deposits, etc.
  • Evaluates loan applications for reasonableness and, if needed, escalates files for further evaluation
  • Communicates with Loan Officer and borrower to obtain missing documentation
  • Reviews files for completeness prior to submission to Underwriting
  • Obtains documentation needed to clear conditions, if required
  • Submits approved files to Closing
  • Prioritizes workflow so loans close on time
  • Communicates with title company, appraiser, and other vendors as required
  • Provides excellent customer service to borrower, loan officer, vendors, and other interested parties
  • Prepares and sends approval and denial letters
  • Records data on the status of loans, including number of new applications and loans approved, cancelled or denied
Non-essential job functions
  • Participates in and leads proactive team efforts to achieve departmental and company goals
  • Adopts Fairway values in personal work behaviors, decision making, contributions and interpersonal interactions
  • Contributes to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value "can do " people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun
  • Performs other duties as assigned
  • Required Knowledge and Skills:
  • Solid knowledge and understanding of conventional and government (FHA/VA) loan requirements
  • Solid knowledge and understanding of state and federal real estate lending regulations
  • Solid knowledge and understanding of loan processing software systems
  • Solid knowledge and understanding of desktop underwriting programs preferred
  • Extensive knowledge and understanding of customer service and intrapersonal best practices
Required Education and Experience:
  • High School diploma or equivalency degree
  • 1+ years of experience as a Loan Processor strongly preferred
  • Demonstrated experience in or knowledge of the Mortgage industry preferred
  • Demonstrated experience analyzing and interpreting data
  • Demonstrated experience using available information to make sound business decisions
  • Demonstrated experience working in a fast paced and changing environment
  • Demonstrated experience with attention to detail, written and oral communication, multi-tasking, and working in a team atmosphere adhering to tight deadlines
  • Demonstrated experience with MS Office software products including 10 key
  • Physical Environment:
  • This position is primarily an in office position
  • Normal office environment
Travel Expectations:
  • Local travel may be required for company or career-related meetings, programs, and/or events.To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
  • Revised: 2/24/16
  • Reasonable Accommodations
Job Type: Full-time
Salary: $0.00 /year
Job Location:
  • Dover, NH
Required education:
  • High school or equivalent
Required experience:
  • Loan Officer Assitant: 1 year

ControlID: 14.234.89 SHR