Mortgage Loan Coordinator

2018-03-28  · Get pre-qualified. Our Home Team is here to guide you through the home loan experience. This means you’ll have a loan advisor, loan coordinator and closing.

Mortgage Loan Coordinator. Assist mortgage production employees with the timely and accurate processing of mortgage loans. Maintain positive working relationships with mortgage production and vendors to promote effective communication between all parties. Managed ongoing reporting and order out for incoming mortgage loans.

Usually, the loan officer is the main bridge of communication with the borrower in the attempt to secure a mortgage for real estate. Therefore, the job of a mortgage loan originator is essential and requires a unique set of skills in order for the job to be properly carried out. Here are five benefits of becoming a mortgage loan originator: 5.

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As a Mortgage Loan Coordinator your primary function is to handle mortgage loan files from application to closing, and assist with processing all incoming mortgage loan files. You will work together with Mortgage Loan Officers and assistants, branch team members, and Underwriters in achieving the goals of the department.

The Mortgage Loan Coordinator provides support to one or more Private Mortgage Banker(s) (PMB) to facilitate the timely review and submission of completed mortgage loan application packages, including supporting documentation required to process loan requests or modification requests.

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The average annual pay for a Mortgage Loan Coordinator in the United States is $40,000 a year. A Mortgage Loan Coordinator annual salary ranges from $30,000 to $51,000 nationally. This moderate spread of $21,000 indicates Mortgage Loan Coordinator salaries are seeing general stability across the country.

Mortgage Loan Coordinator Responsibilities and Duties. Coordinate mortgage loan closing schedule. Ensure all required closing documentation is present to schedule closing. Develop and maintain communication between loan officer, client and agents and outside vendors to assist timely processing and closing of loan file. Manage mortgage loan officer pipeline schedules and deadline times on all loans.

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At TFSB, the Mortgage Coordinator is known as " Loan Quality Analyst". The Loan Quality Analyst’s primary goal is to ensure loan applications meet Bank standards and complete the necessary tasks required for application delivery.