New Penn Financial

  • Mortgage Loan Opener/Loan Set-up (New Penn Financial)

    Job Locations US-PA-Plymouth Meeting
    Job ID
    2018-4185
    Category
    Wholesale/TPO Operations
    Company
    Full-time
  • Overview

     

    z-logo-newpennfinancial

     

    Founded in 2008, New Penn Financial has become a leading nationwide lender by bringing together expertise, exceptional customer service, and extremely competitive rates on a broad offering of mortgage products (including Fannie Mae, Freddie Mac, Ginnie Mae, HUD, FHA, VA, USDA, and our portfolio products).  New Penn is licensed in 48 states plus the District of Columbia.   

     

    Primary Function

    Responsible for reviewing incoming loan files to ensure the file contains all documentation required to meet the minimum submission requirements.  Review documentation for completeness, accuracy, and compliance.  Responsible for accepting the submission into the LOS system, input of information in order to generate required loan disclosures to prepare the file for underwriting.  Review GFE for proper fee disclosure. 

    Mission Statement:

    New Penn Financial has become a leading nationwide mortgage lender because we have the expertise, the product solutions and competitive pricing talented individuals expect. We maintain a favorable reputation because we deliver exceptional customer service to our borrowers and clients. Founded in just 2008 as a start-up, we have grown to over 1,800 employees nationwide with over 140 branches, licensed in 48 states. We have earned the recognition of Inc. Magazine’s 500/5000 Lists of Fastest Growing Private Companies, hold a position on Mortgage Executive Magazine’s list of 50 Best Companies to Work For, and regularly appear on the Scotsman Guide list of top lenders, to name a few.

    Responsibilities

    • Verify current status for compliance with submission requirements
    • Check loan files for required submission documentation/information
    • Communicate well with brokers to collect missing submission documents
    • Board loans onto the loan origination system
    • Complete HDMA scrub, USPS and check all exclusionary lists including LDP/GSA for all disclosed parties to the transaction
    • Conduct appropriate validations and verification of dataGenerate credit report
    • Initiate TILA disclosures
    • Prepare files for underwriting - trouble shoot files identified by third party vendor that is preventing it from moving into underwriting
    • Other assigned duties as required

    Qualifications

    • Proficient in Microsoft Office (Outlook, Excel and Word)
    • Bachelor’s degree is preferred
    • 1 year minimum mortgage industry experience is preferred

     

     

     

    New Penn Financial, LLC is an Equal Opportunity Employer and Equal Opportunity Lender.

     

    Visa sponsorship not available for position.

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