Mortgage Processing Assistant

Please login or register as jobseeker to apply for this job.

TYPE OF WORK

Full Time

SALARY

$800

HOURS PER WEEK

40

DATE POSTED

Apr 28, 2024

JOB OVERVIEW

We are a family owned business started 26 years ago! We are a tight knit team! You will work directly with our team! Our company mission is to help homebuyers build long term wealth through real estate.

Mortgage Processing Support:
- Update pre-approval letters by reviewing and incorporating borrower/realtor-provided information.
- Review updates in Encompass regarding purchase price, taxes, rent, and Debt-to-Income (DTI) ratios.
- Ensure that DTI ratios are within guidelines and send out pre-approval letters accordingly.

Updating Mortgage Plans:
- Review updates in Encompass regarding purchase price, taxes, rent, and DTI ratios.
- Ensure accuracy and compliance with guidelines before sending out updated mortgage plans.
- Run Automated Underwriting System (AUS):
- Run AUS as necessary for mortgage applications and communicate results to the team.

Client Communication and Follow-up:
- Follow up with borrowers through Jungo and email to ensure timely completion of required documents and information.
- Order Verification of Employment (VOE) as needed and follow up on VOE requests.

Admin/Finance Tasks:
- Provide Value Bomb content for realtors and assist with financial analysis for realtors on social media.
- Assist with property search on Zillow and handle distribution and tracking tasks.

Here is an example: Upgrade to see actual info

If you are interested in this position, please send an example of your completed work to Upgrade to see actual info

Please include a Loom video of you completing the task as well!

The example house you can complete is 181 Longdean Road, Fairfield, CT 06824 - Upgrade to see actual info

Assume a $600,000 purchase price, 5% down payment, 6.75% interest rate and mortgage insurance of $80 per month! (Mortgage Insurance is required when the down payment is less than 20%)

Here is a previous example: Upgrade to see actual info

VIEW OTHER JOB POSTS FROM:
SHARE THIS POST
facebook linkedin