Lead Mortgage Loan Consultant - Orlando, United States - Suncoast Credit Union

Suncoast Credit Union

Verified Company

Orlando, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview:

Pay Transparency:
$73,000 - $120,000 based on experience and credentials

Location Type:
Hybrid, _a flexible work model blending in-office and remote working_

Position Type:
Full Time

Schedule:
Monday through Friday 8:00 AM - 5:00 PM

Training:
Onsite for the first 3 months

Responsibilities:

Evaluate loan data to ensure loans meet eligibility and underwriting guidelines of Suncoast and investors
Collect support documentation and provide loan decision for portfolio loans
Send supporting documentation and decision recommendations to the Underwriter when a request is ineligible to be underwritten by LMLC
Ensure the accuracy and integrity of submitted data
Analyze details and gather additional information necessary to ensure timely loan decisions
Ensure members' understanding by answering questions, explaining preliminary documents and the next steps
Utilize mortgage approval authority to make timely decisions on applicable mortgage loan requests
Maintain authorized approval authority for assigned first mortgage products
Review and analyze all documentation to determine acceptability based on the portfolio or investor underwriting guidelines
Analyze tax returns to determine accurate income used in calculating debt to income ratio
Review sales contracts and update origination system as necessary
Ensure compliant change of circumstance is documented and revised Loan Estimate is produced, along with obtaining member's "Intent to Proceed."
Explain the content of the consumer mortgages preliminary disclosures, such as the term of the loan, rate, APR, closing costs, payment options, credit union paid closing costs, variable rate plans, and documentation requirements
Recommend approval or denial decisions to the underwriter
Notify members of loan decisions by phone, electronic notification, or by mail
Prepare and mail Regulation B letters advising members of additional information needed
Complete the Home Mortgage Disclosure Act for government monitoring information and record accurate data in origination systems for reporting purposes
Utilize daily reports from the origination system to maintain the current status of assigned files
Maintain compliance with internal departmental policy and procedures regarding productivity and response time
Crosssell Suncoast Credit Union products and services when applicable
Maintain knowledge and understanding of current mortgage products, regulatory compliance, and investor guidelines
Attend educational events to increase professional knowledge

Qualifications:

Bachelor's degree in a businessrelated field (_A comparable combination of work experience and training may be substituted for education requirements)_
3+ years of mortgage lending experience with a financial institution
Ability to prioritize tasks by effectively managing competing and changing priorities to meet required deadlines
Accurate, detailoriented, and organized with task management
Good knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities such as TRID, HMDA, ECOA, FNMA, and PMI
Ability to analyze and resolve complex problems
Strong written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
Ability to communicate policies, practices, and procedures
Ability to maintain a high level of confidentiality

Skills

Analytics
Customer Service
Leadership
Networking
Sales

Safe Act Statement

This position requires the employee to register as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry (NMLS).

The employee will obtain a unique identifier from the registry before engaging in mortgage loan originator activities.

The employee must maintain and renew the registration on an annual basis, provide updated registration information with the registry on a timely basis, and provide a unique identifier to consumers as required by applicable SAFE Act regulations and Suncoast Credit Union policies and procedures.

Benefits
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Financial Well-Being: Bonus Program up to 9%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
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Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
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Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
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Community Involvement: Paid Volunteer Hours
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Growth: Degree Assistance up to $5,000 per year
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Flexibility: Remote, Hybrid, and Onsite Schedules
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Security: Pet Insurance, Free Identity Theft Protection, Legal Assistance

Company Overview
Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its emp