Mortgage Loan Coordinator Elite/Pinnacle (MLC E/P) is responsible for providing support to qualifying MLO(s). The primary focus of the position is to manage the clerical/administrative and loan processing duties. A MLC E/P may be the initial point of contact for a customer and must be able to effectively communicate to the customer, including receiving information from a customer who may be a potential sales opportunity for the MLO. Tasks include managing the loan process, including collecting additional documents as required by underwriting in order to insure timely closing of loans. In addition, a MLC E/P may updated loan application data provided by the MLO. However, an MLC E/P cannot take the application, quote rates or sell products (board loan.). They will serve as a liaison for the loan center and the customer. MLC II will perform pipeline reviews daily through loan closing, aiding with customer, partner or MLO escalations. Utilize Mortgage Expertise to assist Loan Officer in proactively structuring loans consistent with our product and credit guidelines MLCs are responsible for distributing marketing materials; this may include a weekly newsletter and/or quarterly newsletter.
This position may be subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. If your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in your immediate termination.
Understands and comprehends the Mortgage Loan Process through closing
Solid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously
Ability to demonstrate excellent communication and organizational skills
Strong computer skills including an fundamental understanding of MS applications, database management
Capable of pursuing Bank of America resources and how to access them
Ability to build and sustain relationships with customers through marketing techniques
Familiar with FHA and HUD guidelines
Government Processing Experience
Mortgage sales and processing experience.
Maintain mortgage knowledge
Keep current on policies and procedures
Posting Date: 03/18/2019
Location: San Diego, CA, 12340 EL CAMINO REAL (CA0907), - United States
Full / Part-time: Full time
Hours Per Week: 40
Shift: 1st shift
Bank Of America Corporation