Loan Analyst

Description

Summary

The Loan Analyst is responsible for preparing loan files for underwriting review.  The Loan Analyst will be responsible for determining that all borrower documents and third party documents meet agency and Freedom Mortgage guidelines.

Essential Job Functions:  

• Review the appropriate credit, income, property, and asset documentation  
• Validate submitted information from the borrower is complete and accurate
• Validate that 3 ^rd party documentation is complete and accurate including but not limited to: title, appraisal, insurance, credit supplements.
• Communicate accuracy of documents in O.S by updating appropriate fields.
• Enter detail comments in OS.
• Run PredProtect.
• Run DU and be able to resolve errors
• Run and review FraudGuard.
• Scan applicable checklists into EDMS.
• Communicate with other departments additional needs to receive final approval from underwriting.

Other Related Duties:

• Performs other related duties as assigned.

Supervisory Responsibilities:

This job has no supervisory responsibilities.

Qualifications:  

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

Education and/or Experience:

4 year college degree preferred or 1 to 2 years previous experience in a mortgage environment .  Must be able to work independently or as part of a team in a high-paced environment.  Working knowledge of MS Office skills required. 

Certificates, Licenses, Registrations:

None required

Physical Demands :

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  While performing the duties of this job, the employee is frequently required to sit and talk or hear.  The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms.  The employee must occasionally lift and/or move up to 25 pounds.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Employer’s Rights:

This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks and functions listed in this job description. The employer has the right to revise this job description at any time. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.