HF Loan Analyst II

HF Loan Analyst II

Denver
- Denver, CO 80202

Salary Range $66,000.00 - $80,000.00 Salary

Position:
Home Finance Loan Analyst II
- Classification:
Non – Exempt

Division/Department:
Home Finance, Loan Operations

- Location:

Denver, Colorado

Position Type:
Full-time
- Hiring Range: $66,000 - $80,000

This position is responsible for completing loan-level reviews for CHFA Program Compliance, Mortgage Credit Certificate Eligibility, and Loan purchase, ensuring adherence to applicable Insurer/Guarantor, Fannie Mae, Freddie Mac, IRS Tax Code, and CHFA programmatic guidelines. This position reports to the Loan Operations Team Lead.

• Analytical Thinking and Problem Solving
• Mortgage and Regulatory Knowledge
• Attention to Detail and Accuracy
• Organization and Time Management
• Customer Service and Relationship Building
• Communication and Collaboration

• Support the operation and production activities of CHFA's participating lenders, from reservation through loan purchase
• Perform daily CHFA Program Compliance, MCC and loan purchase review functions to ensure applicable guidelines are met
• Meet production and loan cycle time goals in all phases of loan production as established by the HF Loan Operations Manager and/or Director of Home Finance
• Ability to complete a high volume of production while maintaining a high level of accuracy at all phases of the loan process
• Ability to understand and interpret all applicable underwriting regulations, mortgage insurance and guarantee requirements and IRS Tax Code requirements
• Understand what corrective actions are necessary at various stages of the loan process and resolve as necessary
• Evaluate critical loan documents and understand the risk associated with each documents
• Provide an accurate, detailed account of all activities related to a specific loan file with follow-up dates using conversation logs and automated workflow tool
• Establish and maintain strong relationships with Participating Lenders.
• Communicate with the Business Development Operations Specialist and the HF Business Development Team through a feedback loop to support Home Finance marketing and training efforts
• Work collaboratively with the Funding / Final Document, Secondary Marketing, Loan Servicing Oversight departments to ensure a smooth and timely transition from Loan Operations
• Conduct regular reviews of the Seller's Guide and Loan Operations Desktop Procedure Manual to ensure current and accurate information. Recommend revisions as necessary
• Identify process improvements on an on-going basis
• Act as Subject Matter Expert in all phases of Loan Operations
• Assist HF Loan Operations Team Lead and/or Loan Operations Manager, with special projects as necessary

Must possess:

• Ability to interpret and apply complicated IRS Tax Code regulations

• Must demonstrate thorough understanding of the mortgage origination and purchase process, including FHA, VA, USDA, Fannie Mae and Freddie Mac regulations
• Proven analytical skills
• Ability to utilize technology for research, such as FHA Connection, ALLREGS, and other industry resources
• Strong ethical decision-making skills
• Excellent organizational, problem-solving, and analytical skills with the ability to work independently
• Ability to accurately work in a fast-paced environment within tight deadlines
• Strong interpersonal and organizational skills
• Knowledge of MS Outlook, Excel, Word, and Power Point
• Ability to communicate, both orally and in writing, in an effective and diplomatic manner
• Professional phone manner is essential with an emphasis on providing customer service

Abilities that reflect our values:

• Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processes
• Ability to work towards inclusion in all activities and decisions through the solicitation and appreciation of diverse perspectives
• Ability to exercise personal accountability in all activities and decisions
• Ability to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessary
• Ability to operate with a sense of integrity
• Ability to have fun with a demonstrated sense of humor
• Ability to establish rapport with people of diverse ethnic, racial, and cultural backgrounds

Associate's Degree in a business-related field or equivalent job experience in the mortgage industry is required;
Bachelor's Degree in business, accounting, or finance preferred. Mortgage Industry training; i.e., MBA, CMLA, or APMW a plus. Minimum of five years in mortgage loan origination, underwriting, processing, or closing is desired. Title company experience is helpful.

Personal computer, Smartphone, computer printer equipment, calculator

The incumbent in this position will perform the essential functions of the position primarily in an office/hybrid environment, which requires sitting at a desk most of the day, with or without…