Housing Mortgage Loan Officer I
ENTRY LEVEL SALARY: $38,410
FULL-TIME OFFICE LOCATION: 820 N. French Street, Wilmington, DE
OPENING DATE: 5/17/2018
CLOSING DATE: 5/31/2018
Incumbent is responsible for overseeing the full spectrum of duties under assigned programs, including but not limited to working with borrowers/lenders/contractors to process applications, analyzing program effectiveness and developing improvements/solutions, preparing systems for reporting program activity, overseeing the servicing of loans, monitoring loan portfolio performance, monitoring contractor performance, and other duties necessary to ensure assigned programs are effectively and efficiently meeting the needs of DSHA’s customers.
1. Experience, education or training in mortgage lending;
2. Experience with software to the level of capability to train others in its use - demonstrated proficiency in data entry and MS Office (Outlook, Excel, Word and Power Point)
3. Knowledge of software for preparing analytical and quantitative reports.
4. Knowledge of loan underwriting processing and procedures.
5. Strong analytical and organizational skills
6. Ability to complete assignments with minimal supervision.
7. Demonstrated effective communication both orally and in writing.
8. Ability to train new hires in mortgage compliance review once familiar with process.
Reviews, underwrites and approves/disapproves loan applications/packets for loans under various DSHA programs.
Prepares all necessary documents for closing processes.
Notifies lenders/housing counselors of non-compliance and corrective action to be implemented.
Evaluates the performance/compliance of other organizations providing services to DSHA and/or its customers.
Recommends updates for programs, policies and procedures to increase efficiency.
Monitors contract expiration dates and other contract components as assigned.
Attends public meetings, workshops and press events.
Communicates with lenders, attorneys, mortgage insurance companies, loan servicers, realtors, contractors, appraisers, local/community administering agency personnel, housing counselors, the public etc.
Prepares financial and program summaries and special reports, correspondence and maintains records.
Audits files to confirm program compliance standards.
Provides technical support to lenders and other partners.
Works with developers, lenders, servicers, housing counselors, attorneys, etc. to resolve problems.
Prepares and maintains contracts; funding conditions and ramifications of noncompliance.
Processes new lender applications.
Manages/monitors program allocation balances and makes funding recommendations
Performs related work as required.
These include up to 15 vacation and 15 sick days of leave accrual, up to 13 paid holidays a year, liberal retirement benefits, immediate access to paid health, short and long term disability, life insurance and voluntary dental, vision, and various supplemental benefit options.
Applications must be completed on our website www.destatehousing.com by the closing date of May 31, 2018. (click on About Us, Employment, Click Here to View All Current Openings, Select job, Scroll Down & Click “Apply Now”)
DSHA IS AN AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY EMPLOYER.
Accommodations are available for applicants with disabilities in all phases of the application and employment process. Please call DSHA at 302.739.4263 or 888.363.8808 with any questions or requests. TTY/ ASCII/ VOICE/ VCO users may utilize the Telecommunications Relay Service (TRS) at 800.676.3777.
DIRECT DEPOSIT OF PAY IS A CONDITION OF EMPLOYMENT. FAILURE TO AGREE TO PARTICIPATE IN DIRECT DEPOSIT WILL RESULT IN THE WITHDRAWAL OF OFFER OF EMPLOYMENT. DSHA HAS A LAG PAY SYSTEM.