Insuring Specialist
Description
Position Summary:
The Insuring Specialist logs, reports and works with operational business partners to cure any defects identified through their QC process by entering all identified issues in our system of record; communicates defects to the appropriate responsible party; and follows up regularly until defects are cured.
Responsibilities:
- Responsible for auditing funded government loan files (FHA/VA/USDA loans) to ensure they meet program-specific guidelines and that documentation in the file are complete and correct.
- Reviews files to ensure the loan meets published FHA/VA/USDA handbook rules and requirements.
- Responsible for paying funding fee or UFMIP and preparing VA or FHA packages.
- Reviews and audits each government loan prior to insuring.
- Gathers all necessary documents and makes corrections as needed.
- Logs, tracks and reports identified loan defects at the loan-level within the LOS.
- Communicates loan defects to responsible party and follows-up until cured.
- Ensures the submission of loan files for insuring.
- Maintains daily pipeline/portfolio and assists in correcting any deficiencies.
- Responsible for collecting LGC or MIC.
- Maintains expected file review/QC and insuring turn times, as dictated by the company.
- Performs other duties and projects as assigned.
Requirements:
- Bachelor’s Degree preferred, or minimum one (1) + years’ experience in a similar field or position.
- Experience in the Mortgage industry required.
Why work for #teamloanDepot:
- Aggressive compensation package based on experience and skill set.
- Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
- Work with other passionate, purposeful, and customer-centric people.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
- Generous paid time off for both exempt and non-exempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $19.00 and $21.00/hr. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.