Home Loan Processor

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Saint Petersburg, FL

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA. http://michigan.aaa.com/

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Competitive Compensation and Benefits Package

Overview: The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.
Responsibilities: <ul> <li>Review all information submitted on a residential mortgage loan application and gather missing information to complete the loan submission process.&nbsp;</li> <li>Initiate and maintain contact with clients and Home Loan Originator throughout the processing period.&nbsp;</li> <li>Ensure that all documentation is complete and meet all requirements.&nbsp;</li> <li>Calculate debt-to income and loan-to-value ratios and assemble a completely documented loan file for submission to underwriting within established timeframes.</li> <li>Submit loan through a desktop underwriting system (secondary market loan).&nbsp;</li> <li>Meet all conditions required by the automated loan origination system and/or the home loan underwriter.&nbsp;</li> <li>Prepare required loan disclosures in accordance with regulatory requirements. &nbsp;</li> <li>Review underwriting conditions as they are received to ensure documentation meets secondary market loan requirements.&nbsp;</li> <li>Work with mortgage loan officer to establish closing dates and meet standards for closing percentages of loans processed.&nbsp;&nbsp;</li> <li>Perform final review of completed applications packages and prepare files for approval.&nbsp;</li> <li>Alert underwriter to produce Decline/Withdrawal letters and assist underwriting with reason(s) for action.&nbsp;</li> <li>Maintain necessary records to ensure compliance with HMDA reporting requirements and follow-up with title companies for receipt of recorded documents.&nbsp;</li> <li>Contribute to departmental loan process flow.&nbsp;</li> <li>Identify and suggest process workflow enhancements.&nbsp;</li> <li>Work with supervisor to implement enhancements and integrate smoothly with other departments and systems within the company.&nbsp;&nbsp;</li> </ul>
Requirements: <div><u>Education:</u></div> <div style="display: inline !important;">Associate Degree in related field</div> <div>&nbsp;</div> <div><u>Knowledge of:</u></div> Automated Underwriting and Loan Origination systems, particularly Encompass<br /> <div><strong>&nbsp;</strong></div> <div><u>Experience:</u></div> <ul> <li> <p>Extensive experience in processing conventional, FHA, VA and/or USDA loans.</p> </li> <li>Processing second mortgages and home equity lines of credit</li> </ul> <br /> <div>&nbsp;</div> <div>&nbsp;</div> <p><span style="font-family: Arial;"><strong><u>Work Environment</u></strong></span></p> <div>Works in a temperature-controlled office environment</div> <div> <div>&nbsp;</div> </div> <p>&nbsp;</p> <p><span style="font-family: Arial; font-size: medium;"><strong><u>Required Qualifications:</u></strong></span></p> <p><span style="font-family: Arial; font-size: medium;"><u>Education:</u></span></p> <ul> <li><span style="font-size: medium;">High School Diploma or equivalent</span></li> </ul> <div><u>&nbsp;</u></div> <div><u>Experience:</u></div> <ul> <li> <p>Experience in/with residential mortgage lending of first mortgages sold on the secondary market in a Processor, Closer/Funder or Post Closer capacity</p> </li> <li> <p>Processing conventional, FHA, VA, and/or USDA loans in a Processor, Closer/Funder or Post Closer capacity</p> </li> <li> <p>Processing second mortgages and home equity lines of credit in a Processor, Closer/Funder or Post Closer capacity</p> </li> <li> <p>Working with and analyze pipeline reports to prioritize pipeline workflow ensuring timely completion of files &nbsp;</p> </li> <li> <p>Working with math concepts including fractions, ratios, statistics, etc.</p> </li> <li> <p>Processing &ldquo;in-house&rdquo; first and second mortgage loans as well as HELOC&rsquo;s in a Processor, Closer/Funder or Post Closer capacity</p> </li> <li> <p>Working with underwriters and borrowers for resolution of underwriting issues</p> </li> <li> <p>Working with secondary market investors to ensure the timely purchase of loans that are sold</p> </li> <li> <p>Demonstrating a sound understanding of General Ledger entries and account balancing</p> </li> <li> <p>Analyzing mortgage loan credit package (income, assets, credit, and collateral)</p> </li> </ul> <div><u>&nbsp;</u></div> <p><u>Knowledge and Skills:</u></p> <div>&nbsp;</div> <div>Knowledge of:</div> <ul> <li> <div>Mortgage loan products, services, pricing, tax and regulatory issues</div> </li> <li> <div>Mortgage loan processing and closing procedures</div> </li> <li> <p>FCRA, ECOA, HMDA, REG Z as well as other state and federal consumer/lender regulations regarding the extension of credit</p> </li> <li> <p>General Ledger entries and account balancing processes and techniques</p> </li> </ul> <div>&nbsp;</div> <div>Demonstrated skills in/with:</div> <ul> <li> <div>Analyzing and problem-solving</div> </li> <li> <div>Organization and planning</div> </li> <li> <div>PC software applications including Word and Excel</div> </li> <li> <div>Maintaining accurate records</div> </li> </ul> <div>&nbsp;</div> <div>Ability to:</div> <ul> <li> <p>&nbsp;Professionally communicate with others in a work environment</p> </li> </ul> <ul> <li> <div>Adhere to mortgage loan processing and closing procedures</div> </li> <li> <div>Assist in the development of loan processing process and procedures</div> </li> <li> <p>Work effectively with Manager, IT and vendors in regard to the Loan Origination System</p> </li> <li> <div>Complete detailed tasks accurately and in a timely manner</div> </li> <li> <div>Prioritize work properly to meet deadlines</div> </li> <li> <div>Work well under pressure</div> </li> <li> <div><span style="font-size: medium;">Work flexible hours including after hours and weekends</span></div> </li> </ul> <div>&nbsp;</div> <div> <div><span style="font-size: medium;">The Auto Club Group offers a competitive compensation and benefits package including a base salary with performance-based incentives; medical/dental/vision insurance,&nbsp; 401(k), generous time off, a complimentary AAA Membership, and much more!</span></div> <div><span style="font-size: medium;">&nbsp;</span></div> <div><span style="font-size: medium;"><strong>Important Note:</strong>&nbsp;The above statements describe the principal and essential functions, but not all functions that may be inherent in the job.&nbsp; This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.&nbsp; Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.</span></div> <div>&nbsp;</div> <div>The Auto Club Group, and all of&nbsp;its affiliated companies,&nbsp;is an equal opportunity/affirmative action employer. &nbsp;All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.</div> </div>