Mortgage Loan Coordinator - Jacksonville, FL
Posted on: 11 Apr 2021
Jacksonville, FL
Job Description
Job Description:
Mortgage Loan Coordinator (MLC) is responsible for providing support to the assigned Lending Officers. The roles and assignments are reviewed on an annual basis. The primary focus of the position is to manage the clerical/administrative and loan processing duties of the Sales Office. A MLC may be the initial point of contact for a customer and must be able to effectively communicate to the customer, including receiving information from a customer who may be a potential sale opportunity for the Lending Officers. Tasks include managing the loan process, including collecting additional documents as required by underwriting in order to insure timely closing of loans. In addition, a MLC may input loan application data provided. However, a MLC cannot take applications, quote rates or sell products. They will serve as a liaison for the loan center and the customer. Mortgage knowledge is utilized by managing appraisal/values, title forms, certifications, and other mortgage documents. MLCs are responsible for distributing marketing materials; this may include a weekly newsletter and/or quarterly newsletter.
This position may be subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements. If at any time the Bank determines that your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to register successfully or to maintain a status in good standing under the SAFE Act will affect your eligibility for continued employment and may result in disciplinary action up to and including termination.
Required skills:
- Understands and comprehends the Mortgage Loan Process through closing
- Solid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously
- Ability to demonstrate excellent communication and organizational skills
- Strong computer skills including a fundamental understanding of MS applications, database management
- Capable of pursuing Bank of America resources and how to access them
- Ability to build and sustain relationships with customers through marketing techniques
Desired skills:
- Familiar with FHA and HUD guidelines
- Government Processing Experience
- Mortgage sales and processing experience.
- Maintain mortgage knowledge
- Keep current on policies and procedures
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America
Charlotte, NC
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.
This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.
The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.
The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.
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IndustryBanking/Financial Services
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No. of Employees205,000
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Website
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Jobs Posted2694
