Key Responsibilities
Prepare and issue initial disclosures, including Loan Estimates (LE), Closing Disclosures (CD), and other loan documents for Non-QM loans.
Review loan files to ensure that all disclosures are issued in accordance with regulatory requirements such as TRID, RESPA, TILA, and other applicable laws.
Collaborate with loan officers, processors, and underwriters to gather required information for disclosures.
Maintain compliance with federal and state regulations related to Non-QM loans, ensuring full adherence to disclosure requirements.
Respond to inquiries from internal and external stakeholders regarding disclosure documents and loan status.
Track and manage disclosure timelines to ensure timely issuance of documents.
Assist with compliance audits, ensuring accuracy and completeness of disclosure-related records.
Stay updated on changes in industry regulations and internal processes, ensuring that disclosures reflect the most current standards.
Identify and resolve issues with disclosure preparation or delivery, escalating as needed to ensure compliance and borrower satisfaction.
Work closely with the compliance team to ensure that all Non-QM disclosure practices align with company policies and regulatory guidelines.
Requirements
2+ years of experience in mortgage lending, with a focus on Non-QM loans and disclosure preparation.
Strong knowledge of TRID (TILA-RESPA Integrated Disclosure), RESPA, TILA, and other mortgage-related regulations.
Detail-oriented with strong organizational skills, ensuring accuracy and compliance in all aspects of disclosure preparation.
Experience with Encompass (LOS) and familiarity with mortgage industry software.
Excellent written and verbal communication skills, with the ability to effectively explain complex regulatory requirements to both internal teams and borrowers.
Strong problem-solving skills and the ability to handle multiple tasks and deadlines in a fast-paced environment.
Ability to work independently as well as part of a collaborative team.
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Prepare and issue initial disclosures, including Loan Estimates (LE), Closing Disclosures (CD), and other loan documents for Non-QM loans.
Review loan files to ensure that all disclosures are issued in accordance with regulatory requirements such as TRID, RESPA, TILA, and other applicable laws.
Collaborate with loan officers, processors, and underwriters to gather required information for disclosures.
Maintain compliance with federal and state regulations related to Non-QM loans, ensuring full adherence to disclosure requirements.
Respond to inquiries from internal and external stakeholders regarding disclosure documents and loan status.
Track and manage disclosure timelines to ensure timely issuance of documents.
Assist with compliance audits, ensuring accuracy and completeness of disclosure-related records.
Stay updated on changes in industry regulations and internal processes, ensuring that disclosures reflect the most current standards.
Identify and resolve issues with disclosure preparation or delivery, escalating as needed to ensure compliance and borrower satisfaction.
Work closely with the compliance team to ensure that all Non-QM disclosure practices align with company policies and regulatory guidelines.
Requirements
2+ years of experience in mortgage lending, with a focus on Non-QM loans and disclosure preparation.
Strong knowledge of TRID (TILA-RESPA Integrated Disclosure), RESPA, TILA, and other mortgage-related regulations.
Detail-oriented with strong organizational skills, ensuring accuracy and compliance in all aspects of disclosure preparation.
Experience with Encompass (LOS) and familiarity with mortgage industry software.
Excellent written and verbal communication skills, with the ability to effectively explain complex regulatory requirements to both internal teams and borrowers.
Strong problem-solving skills and the ability to handle multiple tasks and deadlines in a fast-paced environment.
Ability to work independently as well as part of a collaborative team.
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