Universal Lending

Advisor

• Build rapport with the sales agents at Risewell communities and division personnel.
• Complete thorough loan applications by communicating with perspective applicants.
• Perform prequalification assessment and analysis of financial condition and risk of financing requests within the Companys credit policies and programs.
• Negotiate rate, terms and conditions of the loan. Lock loans on time and in the correct product type.
• Input loans into Encompass and appropriate Automated Underwriting System (AUS).
• Assist with, and solve, issues relating to processing, underwriting and closing of loans within employees loan pipeline.
• Develop and maintain knowledge of the financial industry, economy, market conditions, rates, vendors and competition.
• Maintain compliance on all loan files and pipeline.

Loan Advisor

Loan Processor

• Plays a key role in delivering a smooth and positive mortgage experience for customers
• Reviewing, verifying, and preparing complete loan files for Underwriting and Closing
• Acts as the central point of communication between loan officers, assistants, builders, real estate partners, and customers
• Maintains knowledge of all policies and modifications to the guidelines and standards of the company, federal housing programs, investors, and private mortgage insurers
• Maintains and updates loan application information within loan origination software and other applications
• Orders appraisals, title, survey, verifications, and any other items required for loan approval; conducts regular follow-ups with outside sources regarding outstanding documents
• Verifies the data collected, analyzes, and decides whether it meets guidelines or if other documentation is needed
• Ensures loan application is in compliance with underwriting, investor, RESPA, and HMDA guidelines
• Calculates income, reviews assets and liabilities
• Reviews all disclosures for completeness and compliance
• Completes final evaluation and analysis of completed application packages and submits eligible files specifying any applicable conditions
• Monitors rate lock information for data integrity and expiration dates; communicates discrepancies to the Loan Officer
• Updates loan officer, loan officer assistant, realtors, builders and customers on loan status
• Maintains communication with customers throughout the loan process, assisting them with any questions and notifying them of any additional requirements
• Senior Processors may provide training and guidance to other Processors on the team.

• Plays a key role in delivering a smooth and positive mortgage experience for customers
• Responsible for reviewing, verifying, and preparing complete loan files for Underwriting and Closing
• Acts as the central point of communication between loan officers, assistants, builders, real estate partners, and customers
• Maintains knowledge of all policies and modifications to the guidelines and standards of the company
• Maintains and updates loan application information within loan origination software and other applications
• Orders appraisals, title, survey, verifications, and any other items required for loan approval
• Conducts regular follow-ups with outside sources regarding outstanding documents
• Verifies the data collected, analyzes, and decides whether it meets guidelines or if other documentation is needed
• Documents communication through the conversation log; ensures loan application is in compliance with underwriting, investor, RESPA, and HMDA guidelines
• Calculates income, reviews assets and liabilities
• Reviews all disclosures for completeness and compliance
• Completes final evaluation and analysis of completed application packages and submits eligible files specifying any applicable conditions
• Monitors rate lock information for data integrity and expiration dates; communicates discrepancies to the Loan Officer
• Maintains accurate pipeline to ensure proper projections, and closing dates
• May prepare, when applicable, Adverse Action letters
• Ensures accurate disclosure of the reason(s) for the adverse action as soon as it is determined that applicants do not qualify
• May schedule closing appointments with respective parties
• Meets customer service standards as outlined by management
• Updates loan officer, loan officer assistant, realtors, builders and customers on loan status
• Maintains communication with customers throughout the loan process, assisting them with any questions and notifying them of any additional requirements
• Senior Processors may provide training and guidance to other Processors on the team.