Loan Officer Assistant - Schaumburg - Key Mortgage Services

    Key Mortgage Services
    Key Mortgage Services Schaumburg

    18 hours ago

    $60,000 - $80,000 (USD) per year
    Description

    Loan Officer Assistant

    The Loan Officer Assistant plays a vital role in supporting the loan origination process, ensuring that borrowers and referral partners receive exceptional service. This individual provides comprehensive support to one or more Loan Originators throughout the loan file production and submission process.

    1. Auditing and reviewing loan applications for accuracy, validating data entry against supporting documentation, to ensure seamless submissions
    2. Communicating with Loan Processors to obtain necessary conditions on behalf of clients
    3. Guiding borrowers through mortgage pre-approval processes with empathy and clarity
    4. Evaluating borrower documents for completeness while tracking outstanding items using technology like Glyde for efficient information exchange.
    5. Analyzing credit reports to understand liabilities which may impact lending decisions, focusing on accurate income calculations as well as essential housing expense ratios utilizing tools such as AUS (DU / LP) recommendations ,to identify eligible options available < li>/ p >>


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