Jobe Details


Loan Review Analyst Posted on: 08/19/2020

Infinity Consulting Solutions, Inc
  • 3 to 5 Year(s)
  • -
  • JACKSONVILLE-32207, FL, US

computer skills

  • Job Description

    The Loan Review Analyst will perform an in-depth forensic underwriting review of closed mortgage loan files for compliance with applicable State and Federal laws and adherence to specific lender guidelines.

    Reviews include identifying major and minor deficiencies within a loan file, and making a final determination of the overall investment quality of the loan.

    Essential Job Functions:

    Review and analyze borrower’s mortgage applications, credit reports and related documents

    Review employment documentation and re-calculate income for completeness/accuracy per guidelines

    Review and recalculate asset documentation per guideline requirements

    Review credit report and re-calculate liabilities

    Review title commitments and title policies

    Review and analyze real estate purchase contracts

    Review and analyze HUD-1/Closing Disclosures

    Review and analyze transaction costs, seller and financing concessions, and assets required to close

    Review appraisals for completeness, red flags, health and safety issues, and external obsolescence

    Analyze individual loan files and determine compliance with applicable lender guidelines

    Identify all red flags within a loan file and ensure they are addressed accordingly

    Apply underwriter sound judgment to determine major or minor deficiencies within a loan file

    Requirements:

    3+ years underwriting experience with exposure to both manual and automated underwriting environments

    Minimum two years’ experience underwriting to Client and/or FHLMC guidelines

    Demonstrate impeccable written and verbal communication skills

    Excellent time management skills with an emphasis on quality

    Knowledge and understanding of transaction components that indicate a loan is investment quality

    Must be self-motivated, creative and able to work in a team environment while thinking independently and sharing knowledge and ideas

    Must be able to multi task between multiple analytical projects

    Strong computer skills


  • Loan Operations
    Banking & Financial Services
  • No Preference
    FullTime Job
    Other
    1
  • Candidate Requirements
    -
    Bachelors
  • Walkin Information
    -
    8/14/2020
    -
Recruiter Details
Doug Klares
1350 Broadway, Suite 2205, NEW YORK-10018, NY
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