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Trainee, Loan Officer

Carrington Mortgage Services Anaheim ,CA
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

Carrington maintains the necessary infrastructure to ensure stability and maximize value during any market cycle. We are a fully integrated mortgage company supporting our customers by providing a broad range of real estate services encompassing nearly all aspects of single family residential real estate transactions in the United States.

Our Mortgage Lending Division is becoming an industry leader by providing competitive mortgage products within our Retail and Wholesale lines of business. We deliver a superior customer experience by meeting individual needs, focusing on financial education, ensuring that our loans close on time and making the entire process as easy as possible. We’re always building our mortgage business with our customers in mind. Join us.

While actively pursuing their Mortgage Origination Officer License from Nationwide Mortgage Licensing System (NMLS) within the 60 day required time frame for continuation of employment, the Loan Officer Trainee II, will also be  responsible for assisting with all tasks related to quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission.

 

What you’ll do:

  • Complete all required online studying, education and testing to pass and receive your Mortgage Origination Officer License from the Nationwide Mortgage Licensing System (NMLS) within 60 days of date of hire into the Loan Officer Trainee II role.
  • Mirror / shadow all Mortgage Lending Division (MLD) job functions, Processing, Operations and Sales.
  • Conduct inbound / outbound calls to qualified borrowers to facilitate a warm call transfer to a licensed Loan Officer.
  • Organize and input loan information received into the company’s Loan Origination System (LOS) and other related systems as required.
  • Assist with new Loan Officer new loan set up.
  • Scan, copy, and analyze various documents including tax returns/schedules, bank statements and purchase contracts. Upload into Encompass as needed. Utilize Nautilus to obtain customer records.
  • Collect verification of employment for prequalification to document commissions and bonuses income prior to approval letter for proper procurement.
  • Assist with obtaining necessary information post application (i.e., credit documents, appraisals, etc.) to process and complete mortgage loan files.
  • Ensure the quality and compliance of work with Company policies, procedures, and investor guidelines.
  • Monitor incoming documents verifying data collected by Loan Officers or agents.
  • Verify and validate customer information on the loan application against supporting documents provided by the borrower and lender.
  • Review, analyze and calculate qualifying income documentation from various sources including personal tax returns to more complex business returns.
  • Review and analyze property valuations, assets and credit reports.
  • Review and validate files for completeness and accuracy.
  • Structure and organize files based on investor guidelines.
  • Review and package loan submissions for processing
  • Liaise with Loan Officers and Loan Processors regarding conditions needed for approval and final approval.
  • Assist with loan scheduling and post-closing conditions.

You’ll love this job if you’re:

  • Agile and Resourceful. You effortlessly shift gears and come up with workable solutions to problems.
  • Adaptable and Ambitious.  You enthusiastically take on other projects to help take your team to the next level!
  • Quality Focused and Industrious. You’re passionate about maintaining high standards and delivering results.

What you’ll need:

  • High School diploma or equivalent work experience
  • Must be previously licensed by the Nationwide Mortgage Licensing System (NMLS) within the last 3 years; or one (1) or more years’ experience in loan processing or underwriting within the last 3 years
  • Mortgage industry experience required
  • Experience working in a paperless environment preferred

EEO/AAP Employer

Company Description
Carrington maintains the necessary infrastructure to ensure stability and maximize value during any market cycle. We are a fully integrated mortgage company supporting our customers by providing a broad range of real estate services encompassing nearly all aspects of single-family residential real estate transactions in the United States.

Our Mortgage Servicing platform has continued to grow by focusing resources on excellent execution of our key competencies, including customer service, delinquency management, default management, loan administration, analytics, and investor reporting – all while preserving homeownership and providing world-class servicing. We’re always building our mortgage business with our customers in mind.

What We Offer:

• Comprehensive healthcare plans for you and your family.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you’ll get the opportunity to work with friends (and get some extra cash in your pocket!).
• Educational Reimbursement.

Carrington Mortgage Services

Why Work Here?

Carrington is an amazing company that offers a great work environment, stability and career growth. Consider Carrington Today!

Carrington maintains the necessary infrastructure to ensure stability and maximize value during any market cycle. We are a fully integrated mortgage company supporting our customers by providing a broad range of real estate services encompassing nearly all aspects of single-family residential real estate transactions in the United States. Our Mortgage Servicing platform has continued to grow by focusing resources on excellent execution of our key competencies, including customer service, delinquency management, default management, loan administration, analytics, and investor reporting – all while preserving homeownership and providing world-class servicing. We’re always building our mortgage business with our customers in mind. What We Offer: • Comprehensive healthcare plans for you and your family. • Access to several fitness, restaurant, retail (and more!) discounts through our employee portal. • Customized training programs to help you advance your career. • Employee referral bonuses so you’ll get the opportunity to work with friends (and get some extra cash in your pocket!). • Educational Reimbursement.

Address

Anaheim, CA
USA