Job Description
Role: Correspondent Pre-Purchase Reviewer Location: Charlotte, NC
Mode Of Hire: Full Time
GENERAL FUNCTION:
Performs a wide range of duties related to the post closing of Correspondent mootgage loan transactions. Responsible for auditing to guidelines, compliance and general follow-up on closed loan packages. Resolve routine to complex loan problems and difficult correction issues.
RESPONSIBILITIES:
Audits documents to verify information matches the originating system information.
Verifies that all documents for the loan type closed are present in the file and executed correctly.
Manages a pipeline of conventional and jumbo loans
Verifies that all compliance guidelines have been met
Ensure all prior to and at close conditions are in file and acceptable prior to loan funding.
Ensure CD is in line with RESPA/TRID and initial disclosures, if not require CD changes and evidence of cures.
Communicates with Correspondents and other parties to correct errors and ensure all conditions and regulatory requirements are met.
Communicates clearly both verbally and in writing
Update LOS with all closing information (fees, date of close, date of disbursement, date of purchase).
Calculate funding to ensure accuracy of disbursements.
Actively participates in ongoing efforts to continually improve customer service for internal and external customers.
Additional duties as assigned.
Job Tags
Full time,
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