Mortgage Loan Opening and Disclosure Specialist - Blue Bell - Cross Key Management

    Cross Key Management
    Cross Key Management Blue Bell

    1 day ago

    Description
    A Mortgage Loan Opening and Disclosure Specialist plays a crucial role in the mortgage lending
    process.


    Their primary responsibilities typically include:
    Key Responsibilities

    Loan Application Review:
    o Reviewing loan applications for completeness and accuracy.
    o Verifying borrower information and supporting documentation, such as income and
    credit history.

    Mortgage Disclosure Preparation:
    o Ensuring all required disclosures are accurately prepared and provided to borrowers
    in compliance with regulations (e.g., Truth in Lending Act, Real Estate Settlement
    Procedures Act).

    Collaboration with Teams:
    o Working closely with loan officers, underwriters, and compliance teams to ensure a
    smooth loan opening process.
    o Coordinating with third-party vendors (e.g., appraisers, title companies) as needed.

    Regulatory Compliance:
    o Staying up to date with changes in mortgage regulations and ensuring all processes
    align with current laws.

    Documentation:
    o Maintaining accurate records of all disclosures and communications.
    o Preparing necessary documentation for loan origination and compliance audits.
    Skills Required

    Attention to Detail:
    Thoroughness in reviewing loan documents and regulatory
    requirements.

    Communication Skills:
    Ability to effectively explain financial concepts to borrowers.

    Organizational Skills:
    Capability to manage multiple loan applications simultaneously.

    Knowledge of Mortgage Products:
    Familiarity with various mortgage products and
    Regulatory Compliance requirements.


    • Previous experience in mortgage banking/lending is required
    This is a full-time, in-office position.

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Blue Bell