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Company: Valley Bank
Location: Wayne, NJ
Career Level: Entry Level
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include but are not limited to:

  • Prepare and mail required regulatory disclosures.
    Order appraisal and flood certification, and retrieve and review same.
  • Score application via automated underwriting system and carefully review decision results.
  • Communicate with applicant, Home Loan Consultant, and/or Home Loan Assistant to request required documentation.
  • Verify accuracy of information upon receipt and edit LOS as needed.
  • Review entire file, put in proper order and submit to underwriter.
  • Manage an assigned pipeline of loans and ensure contingency and closing dates are met.
  • Work with Home Loan Consultant to determine viable solutions to make deals work while balancing high credit quality.
  • Update general comments with all activity on the loan.
  • Request verifications (VOE, VOD, VOM, etc.), when applicable.
  • Responsible for providing customers with periodic status updates regarding their loan application.


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