Overview
Transaction Coordinator Jobs in Madison, USA at Guild Holdings Company
Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.
Position Summary
The Transaction Coordinator plays an important role in the organization by performing, under direct supervision, a number of activities related to assisting originators build complete loan files for submission. This role may perform Lead to Contract and/or Contract to Close duties.
Essential Functions
Lead to Contract duties:
* Assist originator in appointment setting with prospective and new applicants.
* Provide new lead call backs within 20 minutes and maintain a 35% conversion rate from lead to appointment.
* Provide administrative support managing various client databases (lead tracker, MyCircle, Zillow, etc.). Send new clients online pre-qualification link on behalf of originator.
* Pull and prep web applications and other administrative based duties, including updating credit reports and AUS findings, for licensed teammates.
* Set and confirm appointments for the originator and manage calendar.
* Prepare and send thank you cards to referral sources and new clients.
* Act as a point of contact for the customer and referral source, keeping them informed throughout the process, subject to the limitations as set forth in Guild’s SAFE Act and Consumer Privacy/Safeguarding in Information policies.
* Run credit on loans assigned to an originator.
* Request status updates from pre-approved clients and referral sources (weekly TBD calls).
* Contact expired, pre-approved clients to gather necessary documentation for licensed teammates to update pre-approval documentation and/or letters.
* Provide marketing support by coordinating, creating, obtaining compliance approval, tracking, and distributing advertising materials as needed.
* Manage monthly compliance-approved email marketing to realtors.
Contract to Close duties:
* Monitor key dates related to loan transactions and respond accordingly.
* Send loan forms, disclosures agreements, and other supporting documentation to customers for completion and signature; manage the collection of completed documents accordingly.
* Manage assigned originator’s database; tracking active loan(s) and entering data as needed.
* Maintain customer contact to ensure follow-up of loan application and answer basic customer inquiries, providing quality customer service, subject to Guild’s SAFE Act policy.).
* Provide administrative support in the collection and preparation of submitting loan application with supporting documentation to processing.
* Order out 4506T, SSA, Credit Supplements, Account Check and Work Number as needed.
* Prepare and submit loan applications to processing, helping to resolve any subsequent file issues and escalating processor conditions as required assisting processor in clearing any conditions placed on loan(s).
* Provide any necessary administrative assistance through production and underwriting process.
* Provide status updates to referral sources on active loans, subject to Guild’s policies on Consumer Privacy and Safeguarding of Information.
Additional common duties:
* Subject to the limitations set forth in Guild’s SAFE Act policy, collect supporting documentation from customer, gathering necessary documentation for pre-approval.
* Maintain referral source relationships through quick response time and excellent custom service.
* Keep up to date with company approved programs and software systems; implement and execute new systems for team and clients.
* Answer customer inquiries related to active loan, and/or loan application status.
* May provide clerical and administrative support on an as needed basis.
* Per law and/or company practice, this role is prohibited from submitting documents to underwriting; assisting borrowers with the completion of their application or explanation of documents, loan programs, or qualification criteria and quoting rates.
* Per company policy and investor guidelines: this role is prohibited from ordering written (non-third party) employment, income, deposit, mortgage or rental verifications under any circumstances. This also includes:
* Acting as a primary point of contact for the customer, and keeping the customer informed throughout the process.
* Assisting Originator with obtaining an accurate and thorough 1003.
* Analyzing customer’s credit and financial scenario and determining appropriate loan product(s).
* Pricing loan in accordance with Guild’s policies and communicating fees to operations team.
* Quoting rates and making commitments regarding locking to customer.
* Discussing product features with customer.
Qualifications
* High school diploma or equivalent preferred, along with a minimum of one year total experience in Mortgage lending or related field.
* Does not require an active MLO licensing.
*…
Title: Transaction Coordinator
Company: Guild Holdings Company
Location: Madison, USA
Category:
