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 New Loan Clerk

Details
Country: USA
Location: Wallingford CT
Total applied: 40
Location:US-CT-Wallingford

Base Pay:N/A
Employee Type:Full-Time Employee

Industry:Mortgage

Manages Others:no
New Loan Clerk

Make a strategic move and join the 3rd fastest growing Mortgage Lender in the country! Mortgage Lenders Network is a privately held, full service mortgage banking company. We provide an impressive list of industry leading mortgage products both directly to the consumer and through the mortgage brokerage community.

Our culture encourages employees to seek out the best way to get things accomplished and allows the freedom to make decisions that directly impact the performance of the company. Employee contributions are acknowledged and rewarded. As Mortgage Lenders Network continues to grow, we seek solid candidates with an entrepreneurial spirit and an interest in growing and expanding their careers with us!

We provide the tools and training you'll need to succeed, including our own MLN University, and comprehensive, competitive benefits programs for employees and their families. We are committed to equal employment opportunity and encourage an environment that promotes the understanding of and an appreciation for the value of diversity within the organization and our customer and vendor base.

Responsible for the accurate and timely verification of all critical data fields on new loans boarded to the servicing system.

1. Completes critical verification process of all new loans boarded to the servicing system meeting department standards.

2. Completes set up of tax and insurance information to ensure timely payment of escrowed items avoiding penalty.

3. Generates monthly billing statement as loans are verified.

4. Ensures loan data is in compliance with State and Federal law

5. Sets up and verifies premium information in compliance with FASB91

6. Notifies the note holder of all outstanding documents from the new loan file and tracks the receipt of documents.


7. Tracks the receipt of escrow funds from correspondents communicating with note holder when not received in a timely manner.

8. Sends correspondence to new borrowers in compliance with Federal Law.
REQUIREMENTS
Education:
High school diploma or equivalent

Experience/Training:
Previous office experience including data entry

Skills:
Attention to detail
Ability to handle high volume
Solid organization and time management skills
Fast accurate data entry

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