Angelina Oto

• Review incoming leads
• Pull & review credit
• Review & compare income & asset documentation against application
• Determine qualifying income & debt to income ratios
• Determine product & price loan accordingly
• Review product/agency guidelines
• Run Automated Underwriting System
• Troubleshoot issues/re-structure as needed
• Finalize list of items needed and communicate it back to the Loan Officer
• Review documents as they come in until contract received & loan handed over from Loan Officer
• Work loan from contract/application to closing: review additional Loan Officer notes, complete a thorough review of any updates received for credit/income/assets/REO/property documentation
• Complete fee itemization & request disclosures
• Order title, escrow, appraisal, insurance, additional verifications as needed
• Follow up on trailing items until received then turned over to processing
• Keep borrowers/realtors/Loan Officer/title updated regularly throughout transaction
• When loan funds, complete close out procedure in Jungo/SalesForce.

• Support Loan Officers after application taken & preliminary docs requested/in
• Get understanding of file from handover notes and reviewing application & documents provided
• Review credit/income/asset/REO/property documentation, calculate income, update application to confirm accurate
• Price loan through Optimal Blue or directly with investor if brokered, review guidelines, determine qualifying ratios, come up with list of items needed, determine if they qualify by running AUS or other methods, troubleshoot issues/restructure as needed
• Complete fee itemization, request disclosures
• Follow up on trailing items until received then turnover to processing
• Keep borrowers/realtors/LO/title updated regularly throughout transaction
• Complete close out procedures
• Close out file in database.

• Support Loan Officers after application taken & preliminary docs requested/in
• Get understanding of file from handover notes & reviewing application & documents provided
• Review credit/income/asset/REO/property documentation, calculate income, update application to confirm accurate
• Price loan through Optimal Blue or directly with investor if brokered, review guidelines, determine qualifying ratios, come up with list of items needed, determine if they qualify by running AUS or other methods, troubleshoot issues/restructure as needed
• Complete fee itemization, request disclosures
• Follow up on trailing items until received then turnover to processing
• Keep borrowers/realtors/LO/title updated regularly throughout transaction
• Complete close out procedures
• Close out file in database.

• Work directly with Loan Officer's to qualify borrowers
• Handle file from handover from Loan Officer to post-closing/funding off warehouse line
• Determine initial needs list after reviewing application & documents in file & reviewing agency/investor guidelines
• Request documents & follow up until received, order out title, escrow, appraisal, income and asset verifications
• Run Automated Underwriting System
• Submit file to internal underwriting or investor, review conditional approval when in and communicate to all involved parties of milestone completion
• Gather all conditions, escalate as needed, resubmit for final to get clear to close, request or draw closing documents, receive & review docs for funding, ship off docs to investor/warehouse line
• Balance with escrow
• Clear any Error & Omission's/post-closing conditions.

Loan Processing:

• Preview files for missing items
• Create needs list to borrower
• Request & follow up on items needed
• Order out title, appraisal, escrow, verifications, etc. as needed
• Submit for underwriting
• Clear conditions for final approval

Administrative:

• Process & electronically index & file incoming faxes, emails & mail from clients, lenders & vendors
• answer multi-line phone & route calls accordingly
• follow processes to close out & archive files for confidential storage.

• Ordered title, appraisal, set up escrow
• Worked in gathering documentation for and completing manufactured home title eliminations
• Assisted in submitting files
• Gathered & submitted prior to doc & funding conditions
• Took loan applications
• Pulled & reviewed credit for Loan Officers.

• Opened up office in the morning
• Answered multi-line phones
• Kept office supply inventory and handled ordering
• Kept track of all incoming/outgoing correspondence, e-filed all loan files
• Mail handling/shipping