CMG Financial Careers

CMG Home Loans is hiring a Production Assistant who will provide support to the Loan Officer with the loan application set up, review and loan pre-qualifications.

Essential Duties and Responsibilities: 

• Review daily prequalification & prospect pipelines for new applications and needed follow-up
• Parter with Loan Officer to prioritize applications that need review/completion
• Review all applications for completion and accuracy with each borrower directly
• Ensure all BYTE screens are complete without error (to include all VA screens/net tangible etc.)
• Note all correspondence with the borrower in CLEAR via Scratchpad for LO review
• Make appropriate product recommendations to the Loan Officer based on the borrower’s application and qualification
• RUN AUS (both LP & DU on all files)
• Send updated Closing Costs Worksheets based on the requests/needs of borrowers
• Research & Confirm guidelines for products to ensure product recommendations are appropriate based on the borrower’s application information
• Note the “loan story” in the BYTE Cover Letter - Submission Notes Screen
• Run Fees and review LE to ensure fees look correct – request assistance from compliance/disclosure desk if necessary
• Request disclosures
• Request client documentation based on AUS recommendations– update application based on documentation provided and ensure qualification still stands
• Order preliminary title report
• Order appraisals
• Review income analysis from the Loan Officer if applicable
• Complete income worksheets, rental worksheets, loan beam etc. as applicable
• Once a CONTRACT is received, review the contract input contract data into BYTE – ensure a FULL tri merge is pulled, update liabilities if applicable, review income and assets with the borrower and update the system as necessary. Confirm all employment information is unchanged. Remove any income and assets NOT needed for qualification purposes and run NEW AUS
• Submit NEW LOAN FILE checklist to Pipeline Manager when file is ready for review
• For FILES in process – handle any system updates for restructuring to include OB submissions
• Submit requests for Rapid Rescores

Qualifications and Experience: 

• 2+ years of experience in mortgage industry preferred.
• Familiarity with mortgage terminology.
• An active NMLS license required – sponsorship will be provided if you do not currently possess a license.
• Experience with Point software preferred.
• Proficient in Microsoft Office, Word, Excel, Outlook, etc.
• Excellent communication skills both written and oral.
• Ability to work in a fast-paced fluid environment.
• High level of integrity and confidentiality required.

PHYSICAL and ENVIRONMENTAL CONDITIONS:  

This role operates in an ADA compliant office environment, utilizing typical office equipment and tasks including computer work. The position may involve partial stationary positions and moving throughout the day. Flexibility to work overtime to meet project deadlines is required.

Base Compensation Information – For residents of the states of CA & CO, and for New York City + other areas requiring disclosure:

CMG pays a competitive salary which ranges from $50,000 to $60,000 as well as a per file bonus. Factors that affect base salary may include: overall mortgage experience, number of years worked in mortgage industry, types of roles performed, computer skills, customer service experience specific to working with mortgage lenders, and education.