Associate, Loan Setup

ARE YOU READY TO WORK AT ALTISOURCE?

- Are you a natural helper who loves working through people’s problems to find the best solution?

- Are you a quick learner who is self-motivated and able to work well independently as well as on a team?
- Are you interested in working on a new product where you can make an immediate impact?

If so, nice to meet you; we are Altisource! We are seeking energetic, highly skilled self-starters who thrive in a dynamic and fast-paced environment. We offer challenging work and great colleagues as well as career development opportunities.

We are looking for a resource with a passion for the mortgage industry to develop and manage client relations the Altisource umbrella. This is a great time to join the team and be a part of a growing and stable organization.

WHAT ABOUT YOU? You have...

BLOW US AWAY IF YOU CAN

- Maintain an active pipeline of 35-40 first mortgage loans at any given time
- Achieve “first-time submission” rate of at least 70% after 3 months on the job
- Take and pass the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) National Test with Uniform State Content (state of residence if other than Missouri) and Missouri State Component Test. Training will be provided and two opportunities to pass each of these tests

Responsibilities

Obtain mortgage loan documentation by ordering credit report, land survey, building appraisal, title, and related information, adhering to all internal policies and procedures while protecting the confidentiality of the borrower information; Effectively communicate and interact with Loan Officers, Borrowers and other stakeholders to obtain information or to seek clarification about documents in the loan file; Identify mortgage loan application and documentation problems by highlighting deficiencies and notifying mortgage loan underwriter; Prepare mortgage loan files by reviewing loan application, clarifying or obtaining additional information and submitting loan application files to underwriting for approval; Continually assess pipeline and timely request, following up on borrower documentation necessary to ensure loan meets product and program requirements

Requirements

Ability to obtain and decipher AUS findings (DU and LP); Experience in full origination mortgage processing, loan set up, loan documentation, closing, title, quality assurance, compliance, underwriting, or assisting with conventional first mortgage loan products; Experience working with Loan Officers, Borrowers and an active pipeline of mortgage loans