Mortgage Disclosure Specialist

A Mortgage Disclosure Specialist is responsible for verifying all disclosures and fees and ensuring that all prospective loans conform to federal and state loan guidelines.

Responsibilities:

· Experience in TRID regulation requirements.
· Utilize practical understanding of the loan process and loan-specific guidelines as well as specific information received to review and prepare initial consumer disclosures as required.
· Review items for accuracy that are populated in the mortgage loan origination system, such as loan amount, interest rate, taxes, insurance and all other applicable fees.
· Update mortgage loan origination system to document and notify the appropriate parties that disclosures have been provided to consumers.
· Prepare and review daily reports to confirm all disclosures have been processed in a timely manner.
· Reviewing files submitted for re-disclosure and maintain adherence to regulatory compliance and company policies and procedures
· Responsible for determining if re-disclosure is required. Responsible for partnering with Sales, Processing, Underwriting, Closing, and Lock Desk to determine the cause of change in circumstance and timing of the change in circumstance.
· Re-disclose proper documents based on changes within the loan. - Process all requests within three days to ensure compliance with governance, policies and procedures.
· Maintain current knowledge and understanding of all new and updated RESPA guidelines.
· Communicate with production and operations teams and other departments as necessary to confirm that disclosures are appropriate and give feedback when modifications are required.
· Compliance with all applicable Anti-Money Laundering requirements.

Qualifications:

· Minimum 3 years residential mortgage loan processing experience required.
· Must have High School Diploma/GED.
· Must be experienced in automated underwriting. To include Fannie/Freddie (CONV/FHA/VA/RD)
· Applicant must be detail-oriented and be able to multi task.
· Must possess excellent written and verbal communication skills.
· Must possess a superior customer service focus.
· Must be able to prioritize in order to meet loan closing deadlines.
· Must be able to work independently on processing various loan applications.

Job Type: Full-time

Pay: $39,000.00 - $40,000.00 per year

COVID-19 considerations:
Remote interviews

Education:

• High school or equivalent (Required)

Experience:

• residential mortgage loan processing: 1 year (Required)

Work Location: One location