ON-SITE Mortgage Assistant

Job Description

Job Description

Job Summary :

We are seeking an experienced Mortgage Loan Officer for a contract opportunity. In this role, you will assist consumers in the loan process, ensuring compliance with all relevant state and federal regulations. If you are knowledgeable in mortgage lending and committed to providing quality service, this could be the perfect opportunity for you. If you do not currently hold an active NMLS License, our client will cover the cost of studying for the test and obtaining the license.

Responsibilities :

• Regulatory Compliance :  Maintain licensing requirements in appropriate states and ensure compliance with National Mortgage Licensing System (NMLS) standards.
• Loan Application Management :  Assist consumers with loan applications, negotiate terms, and provide guidance throughout the process.
• Timely Disclosures :  Issue Notice of Action within three business days of receiving an application.
• Avoid Predatory Lending :  Adhere to The Home Mortgage Disclosure Act and Consumer Financial Protection Bureau regulations regarding High-Cost Mortgages to prevent predatory practices.
• Recordkeeping :  Maintain accurate mortgage loan transaction journals in compliance with state regulatory requirements, including regular entries every seven business days.
• Service Level Agreements :  Meet and uphold established SLAs.
• Previous experience in a Loan Officer or mortgage-related role.
• Comprehensive knowledge of state and federal lending regulations.
• Strong attention to detail for accurate recordkeeping and compliance.
• Exceptional communication and customer service skills.