This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job description
Mortgage Loan Opening and Disclosure Specialist
A Mortgage Loan Opening and Disclosure Specialist plays a crucial role in the mortgage lending process. Their primary responsibilities typically include:
Key Responsibilities
Loan Application Review: Reviewing loan applications for completeness and accuracy. Verifying borrower information and supporting documentation, such as income and credit history.
Mortgage Disclosure Preparation: Ensuring all required disclosures are accurately prepared and provided to borrowers in compliance with regulations (e.g., Truth in Lending Act, Real Estate Settlement Procedures Act).
Collaboration with Teams: Working closely with loan officers, underwriters, and compliance teams to ensure a smooth loan opening process. Coordinating with third-party vendors (e.g., appraisers, title companies) as needed.
Regulatory Compliance: Staying up to date with changes in mortgage regulations and ensuring all processes align with current laws.
Documentation: Maintaining accurate records of all disclosures and communications. Preparing necessary documentation for loan origination and compliance audits.
Skills Required
Attention to Detail: Thoroughness in reviewing loan documents and regulatory requirements.
Communication Skills: Ability to effectively explain financial concepts to borrowers.
Organizational Skills: Capability to manage multiple loan applications simultaneously.
Knowledge of Mortgage Products: Familiarity with various mortgage products and Regulatory Compliance requirements.
Previous experience in mortgage banking/lending is required.
This is a full-time, in-office position.
Worksite address
blue bell, PA, 19424, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.