[Remote] Mortgage Loan Analyst III

Note: The job is a remote job and is open to candidates in USA. USA Mortgage is seeking a Mortgage Loan Analyst III to join their Underwriting/Corporate Operations team. The role involves processing and underwriting various types of residential mortgage loans while ensuring compliance with guidelines and delivering excellent customer service throughout the loan approval process.ResponsibilitiesOrganize, compile, verify, and analyze mortgage loan filesUnderwrite and evaluate residential mortgage loansDetermine loan eligibility, conditions, approvals, or denials in compliance with guidelinesCommunicate decisions clearly and meet departmental productivity and quality standardsReview residential loan applications for completeness, accuracy, and complianceCalculate income, check for garnishments, review assets for large deposits, gifts, loans not on the credit reportReview appraisal to ensure accuracy and completeness. Contact borrower for any additional information requiredRun AUS to ensure meet all required finding conditionsUpdate all documentation received in encompass after file is submitted to MLAOrder and coordinate loan documentsContact specified companies to collect information regarding the property’s price, appraisal survey, and title insuranceFor non-delegated loan programs, submit mortgage loan application file for underwriting approval per established proceduresSubmit approved mortgage loan file to Mortgage Loan Closer for settlement per established proceduresReview and evaluate mortgage documentation, determine conditions, communicate with internal partners, resolve inconsistencies, prepare approval or denial, and ensure smooth loan progression through closingUnderwrite Conforming Conventional, FHA, VA and USDA loans, ensuring mortgage loan files are in compliance with established company, state and federal reporting guidelines. Strictly adhere to specified underwriting guidelinesVerify accuracy and evaluate documentation to meet agency guidelines associated with mortgage loan originations including but not limited to: application, income, asset, credit, appraisal, title information and condition loan accordinglyResponsible for meeting productivity and Quality Control goals as required by managementEffectively communicate required conditions to expedite final approval of the fileEffectively provide excellent customer service and professionalismDetermine if any loan conditions require further review for approval, requesting data in accordance with guidelines, clearing conditionsEvaluate acceptability of loans to corporations that buy real estate loans on secondary mortgage markets, where existing mortgages are bought and sold by investorsKeep abreast and maintain a working knowledge of all current underwriting guidelines, federal and state lending laws and adhere to all company quality control standardsCollaboratively work with mortgage loan originators by maintaining regular and open communication to resolve loan conditionsEffectively partner with interdepartmental associates to ensure smooth and efficient processing of all loans in the pipeline. Quickly resolve any issues regarding originated loansActively participate in ongoing efforts to continually improve customer service for internal and external customersRequired to leverage the tools and technology provided by the company to ensure efficiency and accuracy of the approvalPerform all other duties and tasks assignedSkillsBroad understanding of residential mortgage loans, and familiarity with mortgage loan productsClear understanding of the current RESPA laws and guidelinesDetailed knowledge of processing, underwriting and closing proceduresMust be well versed in Conforming Conventional, FHA, VA, USDA, and Jumbo loan guidelinesHigh degree of functional knowledge in subject matter and ability to communicate that expertise to all organizational levels within internal and external clientsAbility to solve practical problems and deal with a variety of variables in situations where only limited standardization existsAbility to interpret a variety of instructions furnished in writing, oral, diagram or schedule formAbility to use the automated system, manage multiple files, work under pressure, and adapt to sudden changes in the work environmentPositive attitude, planning and execution, strong work ethicBA from four-year college or university; or equivalent combination of education and experienceFive plus years related experience and/or trainingKnowledge of Encompass Database software and Desktop Underwriter, Loan Prospector, FHA connection, VA.gov, completing VA NOV, USDA GUS, verification ordering and Data Verify Internet software is essentialMust be competent at self-employed income analysisFHA DE, SAR and LAPPBenefitsPaid time off, paid holidays, volunteer time off.Voluntary: Medical, dental, vision, HSA, FSA, Short-Term Disability, Voluntary Life Insurance, CHUBB Supplemental Insurance, Pet Insurance, 401K.Company Paid: Long-Term Disability, Group Life Insurance, Employee Assistant Program (EAP), 401K Match, Employee Stock Ownership Plan (ESOP).Company OverviewWe are the Home of Possibility and your key to mortgage, home finance and real estate content! At USA Mortgage, a subsidiary of DAS Acquisition Company, LLC., our mission remains the unrelenting pursuit of perfection. It was founded in 2001, and is headquartered in Saint Louis, Missouri, US, with a workforce of 501-1000 employees. Its website is http://www.usamortgage.com.