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TABLE ROCK MORTGAGE    10110 WEST OVERLAND ROAD    BOISE IDAHO 83709    (208) 955-7177    1-866-311-1504 TOLL FREE   


Loan Coordinator


Job Title: Loan Coordinator Job Code:
Department: Operations/Sales Job Grade: I, II, III
Revision Date: 10/05/2006 Fair Labor Standards Act (FLSA):

Position Overview
Loan Coordinators will be responsible for interviewing prospective borrowers, analyzing & determining their needs, communicating products/pricing programs and performing follow-up activities to ensure a smooth process. Responsible for the submission of new loans to processing.

Essential Job Functions

  • Assist Loan Processors in gathering documentation and to ensure applications consistently meet fundamental underwriting standards.
  • Responsible for obtaining all pertinent information to complete application form 1003 to ensure the prompt and efficient processing of all loans.
  • Maintains consistent communication flows, verbally and written, throughout loan process with loan processors, business developer and clients.
  • Pricing loans for competitive Rebate Pricing and interest rate

Requirements

  • Strong sales experience with the ability to cross-sell
  • Strong communication skills both over the phone, in person and in writing
  • Clear understanding and practical application of all Fair Lending/Disclosure regulations and applicable lending policies/procedures

Other Skills/Abilities

  • 3-5 Years direct mortgage experience in Real Estate or a related Financial Field
  • Knowledge of the applicable laws regarding mortgage banking and/or financial services
  • Detailed Oriented.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

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