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Posted: Wednesday, November 8, 2017 7:35 AM

Job Description:/h3:
Loan Officer Assistant
The Mortgage Loan Officer Sales Assistant provides a wide range of duties related to the day:to:day sales functions of Mortgage Loan Officers (MLO). The Mortgage Loan Officer Sales Assistant acts as the main facilitator for communications between the MLO and sourcing agents, customers, vendors, mortgage operations and sales support. The job serves as a central point of contact for customers to resolve

1. Describe Job Function (Responsibilities)
Determine potential contacts and initiate communication with clients.
Stay in communication with customers to update them on loan status.
Prepare application documents and follow:up with clients to request missing documentation to be turned in for processing.
Monitor the loan from application through closing process, maintaining effective communications with customers, referral sources, and loan support staff.
Must have a clear understanding of federal and state rules and regulations along with Fannie, Freddie, FHA, VA, and guidelines.

2. Describe Job Tasks
Licensed: Be licensed in the state in which you are assisting the loan officer
Mail/Phone applications : take phone/mail apps when necessary
Phone calls: Help with overflow of phone calls of all kind to Loan officer
Fill in for L.O. : Check messages, return calls and meet with customers when the L.O. is out of the office
Brokered Loans: Contact investors when brokering a loan if necessary
Solving problems : Solve problems or challenges with loan files
Follow up with potential borrowers : Maintain database of pre:quals
Schedule loan applications : Schedule loan applications and give items needed list
Pre:Write : Pre:write loan applications and get items faxed if possible
Register and complete loan applications : Obtain items for file, make sure application is complete and enter notes into the file for processing as directed by L.O.
Oversee Loan process: Must be able to communicate with all interested parties of a transaction whether internal or external
Pipeline status : review pipeline to check for challenges with files and rate locks
Builder pipeline reports : Status sheet for builders pipelines
Maintain relationships : with current referral sources
Hud1s: Obtain Hud1 closing statements, check final numbers and call borrowers with dollar amount necessary to close
Attend Closings:Attend client closings when the loan officer is unable
Post:closing : Send out post:closing letters
Database : Send out mailers to past customers while maintaining and updating
Marketing : Help with marketing material
Presentations: assist with preparation for presentations by L.O.
Availability : Be available 2 to 3 nights per week and on many Saturdays
Be able to perform duties of a loan officer with the exception of developing new business
Proficient at Encompass360, Outlook, Excel, Word, Power Point.
Company Description:/h3:
American Portfolio Mortgage Corporation is a fast:growing mortgage lender licensed in over 21 states. We maintain a busy but fun work environment. We use one of the industrys most highly regarded Loan Origination Systems. We are dedicated to Mortgage Origination Compliance and are committed to customer satisfaction.


• Location: Chicago, palatine

• Post ID: 82408087 chicago is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2017