Associate - Initl Ln Su initl Ln Su - Marathahalli, Bengaluru, Karnataka, India - Moder Solutions

Moder Solutions
Moder Solutions
Verified Company
Marathahalli, Bengaluru, Karnataka, India

2 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description

Associate - INITL LN SU_INITL LN SU:
Outer Ring Rd, Doddanekundi, Marathahalli, Bangalore, Karnataka, India

  • Department
  • Initial Loan Set up
  • Job posted on
  • Aug 1, 2023
  • Employment type
  • Full Time
    Job Code:

Job Title:
Specialist, Loan Set Up


Department:
Call Center


Reports To:
Manager


FLSA Status:
Non-Exempt


Summary:


The workup of the loan prior to submitting the loan to underwriting is an integral part of the processing cycle, primary responsibility for ensuring all the number are worked up correctly in order for the underwriter to final approve the loan.


Essential Job Functions:


  • Setup Anticipated Closing Date, Disbursement Date & First Payment Date
  • Setup Escrow in Lakewood from Tax Certificate
  • Setup Hazard Insurance based on Declaration Page / prior policy
  • Pull Payoff and update on Lakewood
  • Update Title Fees and Payee Names on Lakewood from Title Fee Sheet
  • Update Refinance and Escrow Credit Transfer
  • Update TRID Contacts (Settlement Agent / Lender)
  • Review and cure Tolerance as applicable
  • Run FHA Refinance authorization
  • Only on FHA Loans
  • Loan amount is set per guidelines
  • Cash to Close to be setup based on loan product / LO comments
  • Update Non-Borrowing spouse details for Spousal states and as applicable
  • Automated Compliance Review
  • Disclose Initial CD to all Parties
  • Update & complete all initial Tracking items
  • Maintain regular and punctual attendance
***
Other Related Duties:Performs other related duties as assigned.


Supervisory Responsibilities:

This job has no supervisory responsibilities.


Qualifications:

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

  • Knowledge of processing and preparation of closing disclosure a plus
  • Proficient in Microsoft Office Suite (PowerPoint, Outlook, Word) with an intermediate to advanced level of proficiency in Excel
  • Capacity to comprehend, analyze and interpret complex documents
  • Ability to maintain information with a high level of confidentiality
  • Excellent verbal and written communication skills. Possess exceptional interpersonal communication skills.
  • Team player highly collaborative, yet has uncanny ability to work independently on assigned tasks as well as accept direction from others
  • Must perform well in fastpaced environment and under pressure with timedriven tasks
  • Must be flexible with change
***
Education and/or Experience:
  • Bachelor's or Associates degree with a concentration in business, real estate or related field preferred
  • Two (2) plus year's work experience

Language Skills:

Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence.

Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.


Mathematical Skills:

Ability to add and subtract two digit numbers and to multiply and divide with 10's and 100's. Ability to perform these operations using units of American money and weight measurement, volume, and distance.


Reasoning Ability:


Certificates, Licenses, Registrations:

None required


Physical Demands:


The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear.

The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms.

The employee must occasionally lift and/or move up to 25 pounds.


Work Environment:


The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.


Equal Employment Opportunity
Moder is committed to providing equal employment opportunities to all employees and

applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national origin, age (40 and over), disability, military status, genetic

information or any other basis protected by applicable federal, state, or local laws.


Americans with Disabilities Act:


Applicants as well as employees who are or become disabled must be able to perform the essential job functions either unaided or with reasonable accommodation.

Applicants as well as employees are encouraged to meet with Human Resources as the organ
More jobs from Moder Solutions
See all jobs of Moder Solutions