Loan Setup & Disclosures Specialist.

Loan Setup & Disclosures Specialist

With over 25 years of experience, JMAC Lending has been dedicated to enhancing the client experience through our cutting-edge products, outstanding service, and unwavering support. We are committed to empowering our partners and driving business growth together. Our culture is centered around exceeding current market options, making us the preferred lender for our clients. Our team boasts impressive credentials and engages in continuous learning, ensuring a perfect blend of knowledge and expertise. Built on a foundation of ethical integrity, our company efficiently and skillfully delivers competitive product pricing for both wholesale and correspondent lending, prioritizing our clients' needs.

The Loan Setup & Disclosures Specialist plays a crucial role in reviewing and facilitating the setup of loan files for underwriting submission. They are also responsible for ensuring that all disclosures are properly issued and that compliance requirements are thoroughly met throughout the loan process.

This is a Full-Time / Fully In-Office opportunity offering competitive pay ranging from $23.40-$28.60 per hour.

Job Duties and Responsibilities :

• Review initial disclosures provided by clients to validate compliance and ensure timing requirements have been met.
• Prepare initial disclosures for client to review or issue to meet timing requirements.
• Review loan submission documents for completeness to submit to underwriting.
• Index and status submission documents accordingly.
• Add conditions for required items that are missing at the time of submission.
• Issue Notice of Incomplete Application for incomplete submission files.
• Review COC requests to confirm validity and determine if redisclosing is required.
• Redisclose disclosures within TRID timing requirements.
• Validate Closing Disclosure requests on Doc Request Form.
• Communicate with client and settlement agent for required documentation to prepare an accurate Closing Disclosure.
• Confirm Closing Disclosure meets loan term requirements and compliance.
• Assist clients with disclosure and submission related issues or questions.
• Ensure all items received in the disclosures mailbox are addressed within the required turn time such as : Service Level Agreements (SLA), COC requests and Initial Closing Disclosure requests.
• Mail disclosures that have not been consented within TRID timing requirements.
• Manage pipelines and dashboards to ensure tasks are completed within turn time.