Job Description
Job Title: Mortgage Loan Specialist III
Job ID: 55159
Location: Michigan
Full/Part Time: Full-Time
Regular/Temporary: Regular
Job Location
38705 Seven Mile Road, Livonia, MI 48152Virtual Location : No
Job Category : Mortgage/Real Estate
Business Category : MetLife Bank
Education Required : High School Diploma/GED
Experience Required : 4 + years experience
Salary Grade : 28
Number of Openings : 1
Job Description
Job Summary: Complete the mortgage loan processing and/or closing processes. Functions include processing customer loan payments, acquire necessary information to obtain loan decisions, collection, review and processing of mortgage related documents and assist in maintaining customer relationships.
Functional Responsibilities: Perform one or more of the following functions; process, close, and fund mortgage loans according to established timelines, Standard Process Flow, regulations and procedures. May validate Automated Underwriting System and decision loan if designation authority applies. Review title requirements, exceptions, and other information obtained for accuracy , completeness, and conformance. Set up file, review documentation in loan system or enter the data into the loan system. Ensure file meets minimum documentation/product guidelines. Review credit, disclosures, order title, MI and appraisal, if applicable. Complete required checklists/worksheets. Obtain additional documentation needed from all sources. Submit for Automatic (Decisioner)/Underwriting approval. Review & collect underwriter conditions and submit conditions for underwriting approval. May Coordinate and schedule closing. Prepare closing instructions and review required loan documentation and HUD-1 for accuracy. Review loan system and documentation in file returning to underwriting, if applicable. Close out loan on system, scan file and deliver files to Post Closing, if applicable. Review and respond to exception reports, internal and external audits, as required. Maintain awareness of all legal regulations relating to processing and closing. May prepare commitment letter. Performs other related duties as assigned or required.
Supervisory Responsibilities: None, may guide lower level staff members.
Typical Experience: High School Diploma; Bachelor Degree preferred. 4-6 yrs of related experience.
Job Requirements
High School Diploma; Bachelor Degree preferred. 4-6 yrs of related experience.
Equal Employment Opportunity
MetLife is proud to be an equal opportunity/affirmative action employer. We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce.
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Tags: loan processor job, mortgage, mortgage jobs, processing
