Remote Mortgage Loan Processor Assistants
Work From Home in Any State
Primary Duties and Responsibilities:
The Loan Processor Assistant ("LPA") position is an entry level position which is designed to assist Loan Processors ("Processors"), provide familiarization with our IT systems, learn about processor/borrower communications and the file workflow. LPAs will assist in obtaining documentation from solution vendors, verifying the validity of borrower information, preparing files for review by Processors & Underwriters and learning to manage their responsibilities on a file pipeline
Education and Experience Requirements:
Pull daily “Loans Not Decisioned Report.” Use daily to prioritize work and begin to work all loans displayed
Input all tasks completed in to Encompass.
Upload purchase agreement to blitz from Division mailbox and split out ID to Identification bar-code in blitz and EMD check to Assets miscellaneous barcode
MERS – pull and upload to MERS barcode in blitz
Flood Cert – pull flood cert from Encompass, upload to Flood Cert barcode in blitz and if needed, notify the appropriate Loan Processor.
USPS – pull on all files using subject property address and upload to USPS barcode in blitz
LDP/GSA – pull and upload LDP/GSA bar code in blitz (FHA/ VA File in to Govt. section LDP/GSA and Conventional to LDP/GSA Conventional.)
Order Verification(s) of Employment.
TRV – Pulls from Data Verify –Interthinx and Credco are the back-up companies. (When received upload to Income VOE tax transcripts barcode, if loan not decisioned. Upload to bullpen when loan is decisioned (CA2 or suspend)
Order Title policy – Verify in loan contacts who the title company is in Destiny for both builder and spot transactions. Print the Preliminary Advice of Closing form and email to the title company contact. If a spot deal and the title company designated name and address is not listed in Destiny, this task then defaults to the processor. LPA will email the processor if Title Company name and address are not in Encompass on the spot deals.
Review 4506 document and if there is not one, Altered 4506, no record found, rejected, 4506 does not match 1040 address in the file, and years requesting section incomplete when the borrower initially signed
Check Borrower’s Authorization
MERS for any undisclosed property or foreclosure
Five day MERS and Five Day Verbal
Order Case Number and CAIVRS on RUSH FHA loans only
Ordering Builder Docs
Help processors with VOR/VOE’s/VOD’s