Search for available jobs

Skip to main

Remote Loan Specialist

Loan / Mortgage

LHH

San Francisco

Loan / Mortgage


Accounting Principals is searching for a REMOTE Loan Specialist for our client – a private bank/wealth management firm – based in San Francisco. This is a 3-Month Contract position paying between $24-$47 per hour. As the Loan Specialist, you will ensure that residential loans are processed and underwritten in a timely manner while meeting all regulatory compliance requirements.


If you are looking for a new place to work – apply online today or send your resume to judy.williams@accountingprincipals.com


Responsibilities:

  • Analyze loan files are accurate, complete, and meet secondary market and Customer Bank loan program criteria.
  • Ensure loans comply with industry standards and guidelines by applying FNMA, QM, ATR, and investor guidelines.
  • Underwrite income, product types (including ethical and salable residential mortgage loans and consumer loans) and evaluate risks without jeopardizing the quality of each loan.
  • Perform data entry to the appropriate Loan Origination System.
  • Conduct reviews and make requests for subordination of liens, HUD/Master Settlement Statement, credit supplements, HOA documentation, evidence of homeowner's insurance, verifications (VOE, VOM, VOR, etc.) and clearance of judgments and liens on title and or credit.
  • Review loan applications and disclosures to ensure compliance with Federal, State, investor requirements, and bank policies.
  • Interact with Relationship Managers and Client Services Specialist to collect necessary information and documentation to complete and finalize loan packages.
  • Partner with Relationship Managers and Executive Loan Committee to determine loan product, loan amount, and loan structure.
  • Help qualify loans for approval and package deals for Relationship Managers to present to the Executive Loan Committee.
  • Maintain open communications with Borrowers, Escrow, Title, Relationship Managers, Client Services, Loan Processor, Closer, Funder, Appraisal, Rate Lock Desk, and Investor Support Desk.
  • Meet productivity expectations in a fast paced, high volume environment with pipeline conditions management, while maintaining acceptable quality and client satisfaction.
  • Collaborate with the Closing/Funding Department to ensure a timely closing and coordinate loan closings with escrow/closing agents.
  • Responds to post closing review and quality control audits.

  • Qualifications

  • Bachelor's Degree or equivalent work experience
  • Over 5 years of experience in underwriting and related analysis, including experience with Fannie Mae transactions with an affordable emphasis.
  • At least 3 years of experience in loan processing
  • Strong knowledge of CRA products and industry.
  • Familiarity with down payment assistant programs such as GSFA, MCC, Cal HFA, LIPA, MIPA, WISH and other County/ City programs.
  • Advanced knowledge of overall lending processes – underwriting, funding, and loan processing
  • Strong knowledge of personal and business financial analysis, tax returns and balance sheet analysis, including cash flow analysis.
  • Microsoft Office (Word, Excel, PowerPoint and Outlook)
  • Demonstrated knowledge of State and Federal regulations and laws: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), TILA RESPA Integrated Disclosure (TRID), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).

  • Equal Opportunity Employer/Veterans/Disabled


    To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.accountingprincipals.com/candidate-privacy


    The Company will consider qualified applicants with arrest and conviction records

    Ref US_EN_5_849435_2876343

    Remote Loan Specialist

    Loan / Mortgage

    LHH

    San Francisco

    Loan / Mortgage


    Accounting Principals is searching for a REMOTE Loan Specialist for our client – a private bank/wealth management firm – based in San Francisco. This is a 3-Month Contract position paying between $24-$47 per hour. As the Loan Specialist, you will ensure that residential loans are processed and underwritten in a timely manner while meeting all regulatory compliance requirements.


    If you are looking for a new place to work – apply online today or send your resume to judy.williams@accountingprincipals.com


    Responsibilities:

  • Analyze loan files are accurate, complete, and meet secondary market and Customer Bank loan program criteria.
  • Ensure loans comply with industry standards and guidelines by applying FNMA, QM, ATR, and investor guidelines.
  • Underwrite income, product types (including ethical and salable residential mortgage loans and consumer loans) and evaluate risks without jeopardizing the quality of each loan.
  • Perform data entry to the appropriate Loan Origination System.
  • Conduct reviews and make requests for subordination of liens, HUD/Master Settlement Statement, credit supplements, HOA documentation, evidence of homeowner's insurance, verifications (VOE, VOM, VOR, etc.) and clearance of judgments and liens on title and or credit.
  • Review loan applications and disclosures to ensure compliance with Federal, State, investor requirements, and bank policies.
  • Interact with Relationship Managers and Client Services Specialist to collect necessary information and documentation to complete and finalize loan packages.
  • Partner with Relationship Managers and Executive Loan Committee to determine loan product, loan amount, and loan structure.
  • Help qualify loans for approval and package deals for Relationship Managers to present to the Executive Loan Committee.
  • Maintain open communications with Borrowers, Escrow, Title, Relationship Managers, Client Services, Loan Processor, Closer, Funder, Appraisal, Rate Lock Desk, and Investor Support Desk.
  • Meet productivity expectations in a fast paced, high volume environment with pipeline conditions management, while maintaining acceptable quality and client satisfaction.
  • Collaborate with the Closing/Funding Department to ensure a timely closing and coordinate loan closings with escrow/closing agents.
  • Responds to post closing review and quality control audits.

  • Qualifications

  • Bachelor's Degree or equivalent work experience
  • Over 5 years of experience in underwriting and related analysis, including experience with Fannie Mae transactions with an affordable emphasis.
  • At least 3 years of experience in loan processing
  • Strong knowledge of CRA products and industry.
  • Familiarity with down payment assistant programs such as GSFA, MCC, Cal HFA, LIPA, MIPA, WISH and other County/ City programs.
  • Advanced knowledge of overall lending processes – underwriting, funding, and loan processing
  • Strong knowledge of personal and business financial analysis, tax returns and balance sheet analysis, including cash flow analysis.
  • Microsoft Office (Word, Excel, PowerPoint and Outlook)
  • Demonstrated knowledge of State and Federal regulations and laws: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), TILA RESPA Integrated Disclosure (TRID), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).

  • Equal Opportunity Employer/Veterans/Disabled


    To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.accountingprincipals.com/candidate-privacy


    The Company will consider qualified applicants with arrest and conviction records

    Ref US_EN_5_849435_2876343
    Complete the form to apply
    * indicates a required field
    United States of America
    United States of America
    Argentina + Uruguay
    Australia
    Brazil
    Canada
    France
    Germany
    Luxembourg
    Spain
    Switzerland
    United Kingdom
    +1
    +1
    +54
    +61
    +55
    +1
    +33
    +49
    +352
    +34
    +41
    +44
    Including country code
    Files must be in .doc, .docx or PDF and must be no larger than 1 MB
    UPLOAD FROM DROPBOX
    UPLOAD FROM GOOGLE DRIVE