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| Position: |
Loan Specialist |
| Location: |
Cambridge |
| Classification: |
Full Time |
| Department: |
Loan Operations and Underwriting |
Position Function:
Reporting to the loan processing manager, this position is responsible for processing, preliminary underwriting, closing, and post-closing of residential mortgages and home equity applications.
Position Responsibilities:
- Validate loan information and take each file from origination through closing
- Calculate and process rate locks
- Verify and calculate all loan documents, including income, asset, credit, and appraisal documentation
- Ensure all required loan items are received and comply with company policy as well as state/federal regulations
- Prepare file for underwriting review
- Order appraisals, title, and subordinations as necessary
- Pipeline management to ensure all critical deadlines are met
- Maintain customer contact throughout loan process to request documentation and respond to customer inquiries
- Coordinate closings with customers, attorneys, and loan officers
- Prepare, review and send closing packages to attorneys and bank staff
- Ensure files are complete and received through loan funding and follow up on any missing documents with closing attorneys, branches, and customers
- Prepare loans for transmission to servicing system
- Assist customers with questions regarding our online application system
Required Skills:
- At least three years of mortgage processing and closing experience is required
- Proficient computer skills, including MS Office, DU/LP and LOSs
- Current with state and federal regulations as they pertain to the lending industry
- Strong customer service and organizational skills
To apply, submit resumes to:
nbriand@cambridgetrust.com
or
Fax to: 617-349-0784
Cambridge Trust Company is an Equal Opportunity Employer