Top Mortgage Credit Manager manages the loan application review process to determine loan eligibility and terms. Schedules and coordinates workload to ensure timely and accurate turnaround, and adequate staffing. Being a Top Mortgage Credit Manager provides loan options or product recommendations based on qualifications and stays informed on any new products, regulations, or product changes. Assists loan underwriters with complex or unique circumstances and trains the team on all regulatory guidance to ensure compliance. Additionally, Top Mortgage Credit Manager recommends improvements to the review process and general underwriting procedures to maximize efficiency. Requires a bachelor's degree. Typically reports to a director. The Top Mortgage Credit Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Top Mortgage Credit Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Description
As a Specialist for Canopy Mortgage, you will be responsible for ordering, reviewing, and analyzing all third party items required for any given mortgage. You will be tasked with communicating with the loan team and ensuring that we meet deadlines. There are four main tasks a specialist will work on: Appraisals, Verifying Employment (VOEs), Homeowners Insurance (HOIs) and Title Reports.
Requirements
Responsibilities:
1. Appraisals- Act as a point of contact for loan officers and appraisers to schedule and ensure that the appraisal report is completed on time to meet deadlines. Once the report is back, you will review it for accuracy and communicate any further needs to the loan team and/or appraiser.
2. Verifying Employment (VOEs)- Obtain documentation from the borrowers employer(s) to verify income, job position and length of employment. Once received, you will review for accuracy.
3. Homeowners Insurance (HOIs)-Act as point of contract for loan team and insurance agents, working to obtain a copy of the Evidence of Insurance for borrowers/property. Once received, reviewing policy to confirm it meets agency guidelines and following up for any corrections needed.
4. Title Reports- Working with title companies to request title packages. Acting as a point of contact between title companies and loan teams. Reviewing title packages to confirm all documents meet agency guidelines. Following up with with the title companies to request any missing documents and/or corrections needed.
Qualifications:
If you are a motivated and detail-oriented professional with a passion for the mortgage industry, we invite you to apply for the Specialist for Canopy Mortgage position. Join our dynamic team and contribute to helping individuals achieve their dream of homeownership.
0 Top Mortgage Credit Manager jobs found in Provo, UT area