Job Openings >> Loan Review Analyst
Loan Review Analyst
Summary
Title:Loan Review Analyst
ID:1082
Location:N/A
Description
 
Overview: 
Loan Review Analyst (LRA)

Entry-level to experienced Loan Review Analyst position within a Pre-Purchase Review team. Primary tasks include document analysis and income calculation. LRAs are responsible for the pre-purchase review of Conventional, Non-Conforming, FHA, and VA loan files to ensure the file contains all required documentation, meets acceptable regulatory standards, and complies with established guidelines.
This is a Contract-to-Full Time employment position.
 
Experience:
  • High School Diploma Required
  • Other Beneficial Experience
    • College degree or equivalent work experience
    • Ability to analyze Loan Credit packages and process necessary documents
    • Familiarity with automated underwriting systems
    • Understanding of Fannie Mae, Freddie Mac, FHA, VA and USDA guidelines / policies
    • Knowledge of mortgage lending procedures (origination) and regulation (TRID)
Key Skill Sets:
  • Experience in Microsoft Office Suite including Word, Excel and Outlook
  • Ability to learn new systems quickly and high comfort with complex software
  • Strong analytical skills and creative problem solving
  • Ability to multi task, prioritize and be flexible with changing business needs
  • Ability to work in an accurate, detail-oriented and high production team environment
  • Ability to interact and communicate with external clients
Job Responsibilities:
  • Using inventory checklist to ensure loan files are complete and accurate
  • Verifying accuracy of data between documents and systems
  • Detail review of loan documentation and collateral files
  • Validating work to avoid problems in subsequent steps
  • Calculate mortgage ratios; loan to value, debt to income and housing expense
  • Documenting errors identified relating to data entry and document indexing
  • Achieving specific daily goals related to quality and productivity
  • Proactively work in accordance with client imposed or internal timeline/deadline 
Pay Range:
  • Hourly Range: $15 to $17
  • Non-Exempt, OT Eligible 
Location:
  • Dallas-Fort Worth area
This opening is closed and is no longer accepting applications
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