Loan Review Analyst
JACKSONVILLE-32207, FL, US
08/19/2020
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Required Skills
Company
Infinity Consulting Solutions, Inc
Experience
3 to 5 Year(s)
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
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Bachelors
Walkin Information
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8/14/2020
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Recruiter Details
Doug Klares
1350 Broadway, Suite 2205,
NEW YORK-10018, NY
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