Disclosure-Opening Coordinator

Job Description

Job Description

Are you ready to be part of a dynamic and innovative mortgage company that prioritizes relationships over transactions? At NQM Funding, LLC, dba Premier Mortgage Associates, we have been dedicated to turning dreams of homeownership into reality for over 25 years. We believe in building enduring relationships with our clients, providing personalized mortgage solutions that truly put their needs first. Our commitment to excellence and integrity sets us apart, allowing us to close loans based on genuine connections rather than mere leads.

Embark on a fulfilling career where your dedication to client satisfaction is valued and makes a real difference. Join our team and discover a path where passion aligns with excellence, providing daily opportunities to make a significant difference. Apply today and become part of our journey to create homeowner success stories!

Our Disclosure Department is looking to hire a Disclosure-Opening Coordinator .

ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 100 MBPS.

Job Title : Disclosure-Opening Coordinator

Reports To : Disclosure Manager

FLSA Status : Non-Exempt

Department : Disclosure

Division : Retail / TPO

Salary Range : $42K to $47K per year

Summary :

Review of all TRID required disclosures and RESPA requirements; Fee Validation; Ensures compliant disclosure throughout the loan process; completes tasked third-party service orders. Understand differentiation between Retail and TPO division requirements

Duties and Responsibilities :

• Reviews and distributes initial disclosures to ensure that loan applicants receive complete and accurate disclosures in compliance with Federal and State regulation
• Validates and ensures fees entered by loan officer or by third party originator are accurate
• Reviews and validates file support documentation; completes scrub document detailing same
• Prepares and distributes initial disclosure packets to ensure that loan applicants receive complete and accurate disclosures in compliance with Federal and State regulations
• Sends requests / notifications to LO / LOA / processor (as appropriate) concerning required trailing documents or file errors
• Solicits instruction and direction from appropriate individual(s) on all files that require corrective action outside the Coordinators responsibility of capability
• Compliance review of all Loans using Mavent process
• Communication of Mavent Alert or Fail findings to appropriate individual(s)
• Monitors and tracks the pipeline of loans to ensure timeliness and accuracy of documents and provides additional processing for past due or untimely disclosures.
• Re-disclosure input; lost disclosure link solutions; manual fulfilment process
• Prepares and distributes changed disclosures via Changed Circumstance re-disclosure preparation, validation and Mavent review process
• Monitors and tracks the re-distribution of changed disclosures to ensure timely and accurate processing
• Process all required third-party services necessary for forward movement of loan
• Ordering & follow-up on Written Verification of Employment requests.
• Assist on Processor-generated requests related to the Disclosure / Opening or COC process
• Attend necessary training on changes for knowledge and skills
• Other assigned tasks or responsibilities that may not be delineated above

Skills :

Education / Experience :

Degree : High School Diploma or Equivalent

Working knowledge of Word, PDF, Excel programs

Experience in Encompass LOS system preferred

Familiarity with Mavent compliance analysis required

NQM Funding, LLC offers the following benefits :

Equal Employment Opportunity :

NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and / or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.

NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.