Loan Officer Assistant

KBT - NW Yakima
1215 S 40th Ave
Yakima, WA 98908, USA

KBT - NW Yakima
1215 S 40th Ave
Yakima, WA 98908, USA

Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.

The Loan Officer Assistant plays an important role in the organization by performing, under direct supervision, a number of activities related to assisting originators build complete loan files for submission. This role may perform the Lead to Contract and/or Contract to Close duties.

• Lead to Contract duties:
  • Assist originator in appointment setting with prospective and new applicants.
  • Provide new lead call backs within 20 minutes and maintain a 35% conversion rate from lead to appointment.
  • Set and confirm appointments for originator and manage
    calendar.
  • Provide administrative support managing various client databases (lead tracker, MyCircle, Zillow, etc.). Send new clients online pre-qualification link on behalf of originator.
  • Assist the originator with obtaining an accurate and thorough 1003.
  • Analyze customer’s credit and financial scenario and determining appropriate loan product(s).
  • Run credit on loans assigned to an originator
  • Run AUS findings and prepare the Initial Fee Worksheet.
  • Pull and prep web applications and other duties; including updating credit reports and AUS findings.
  • Request status updates from pre-approved clients and referral sources (weekly TBD calls).
  • Keep up to date with company approved programs and software systems; implement and execute new systems for team and clients.
  • Provide marketing support by coordinating, creating, obtaining compliance approval, tracking, and distributing advertising
    materials as needed.
  • Manage monthly compliance-approved email marketing to realtors.
• Contract to Close duties:
  • Monitor key dates related to loan transactions and respond
    accordingly.
  • Send loan forms, disclosures agreements, and other supporting documentation to customers for completion and signature; manage the collection of completed documents accordingly.
  • Manage assigned originator's database; tracking active loan(s) and entering data as needed.
  • Maintain customer contact to ensure follow-up of loan application and answer basic customer inquiries while providing quality customer service.
  • Provide support in the collection and preparation of submitting loan application with supporting documentation to processing.
  • Order out 4506T, SSA, Credit Supplements, Account Check and Work Number as needed.
  • Prepare and submit loan applications to processing, helping to resolve any subsequent file issues and escalating processor conditions as required assisting processor in clearing any
    conditions placed on loan(s).
  • Reviewing CD to ensure fees and cash at closing are consistent
    with commitment to customer.
  • Provide any necessary assistance through production and
    underwriting process.
  • Provide status updates to referral sources on active loans, subject to Guild’s policies on Consumer Privacy and Safeguarding of Information.
  • Answer customer inquiries related to active loan, and/or loan application status.
• Acting as a primary point of contact for the customer, and keeping the customer informed throughout the process, subject to the limitations as set forth in Guild’s SAFE Act and Consumer Privacy/Safeguarding in Information policies.
• Pricing loan in accordance with Guild’s policies and communicating fees to operations team.
• Quoting rates and making commitments regarding locking to customer.
• Maintain referral source relationships through quick response time and excellent custom service.
• Prepare and send thank you cards to referral sources and new clients.
• Collect supporting documentation from customer, gathering
  necessary documentation for pre-approval.
• Act as a point of contact for the customer and referral source, keeping them informed throughout the process.
• Discuss product features with customer.
• Perform other duties as assigned.
• Per GUILD company policy and in…