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Mortgage Loan Purchaser
Ref No.: 18-07823
Location: Pasadena, California
Duration:0-12 month(s)

Description/Comment:Min. 5 years funding experience
Ability to handle multiple tasks simultaneously
Customer service driven; responsive to client issues and concerns, both internally and externally
Solid written and verbal skills
TRID and Compliance experience
The Correspondent Lending Loan Purchaser performs the following duties: - Reviews loans from our Correspondent seller for completeness prior to submitting for initial credit review (correspondent seller will not have delegated authority, loans will be submitted for pre-approval); communicates back to the seller if items are missing in order to proceed – Ensures conditions are met prior to purchasing - Works with the correspondent seller, title company and warehouse line to request specified documents - Verifies accuracy of loan documents, such as TRID, Signatures, Forms, specific dates, timing, etc. - Coordinates with the correspondent seller to arrange time and date for purchasing - Enters numbers and calculates loan interest, principal payment, and impounds - Assembles documents for delivery to the custodial bank for collateral security