Loan Production Analyst

Mutual of Omaha Mortgage is a Fortune 300 Company with an iconic brand and outstanding customer loyalty. Mutual of Omaha Mortgage is inspired by hometown values and a commitment to being responsible and caring for each other. We exist for the benefit of our customers and employees. 

Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. If you are interested in joining a team that promotes from within and works together toward a common goal of helping customers with their mortgage needs, please review and apply for our opening below!

Base Hourly rate of $23-$25 and bonus per file of $40-$50. 

Experienced Loan Production Analysts can earn between $70,000-$80,000. 

This position is an in-office position, in Seven Hills, OH.

Responsibilities:

• Confirms loan meets program guidelines and contains necessary documentation so underwriting can issue a loan approval with 4 conditions or less.
• Ensure all introductory calls are made to clients within 24 hours of receiving the file. 
• Completes thorough review of income and completes income calculation worksheet so underwriting can see how the loan was qualified
• Verifies assets based on loan structure/type and AUS recommendations
• Retrieves all MC 3rd party orders and assigns them accurately in e-folder.
• Reviews All Title Documents to Ensure Correct Vesting, Lien Removal
• Orders/obtains condo warranty docs and subordination requirements when applicable
• Reviews critically signed disclosures to ensure compliance.
• Submits acceptable loan file to underwriting; including all necessary documentation and identifies any special/abnormal circumstances for underwriter.
• Contact borrowers for any missing/required information.

• Pull pipeline report prior to opening email and create priority list for the day.
• Review email
• Follow up with outstanding stipulations/necessities to get loans already reviewed into underwriting.
• Review all new loans within 24 hours.
• Submit loans to underwriting prioritized in the following manner:
  1. Purchases
  2. Locked and appraisal in or locked and no appraisal needed
  3. Locked and appraisal due
  4. Appraisal in and not locked
  5. Appraisal not in and not locked

• 3+ years mortgage loan processing; including VA/FHA loan processing
• Current and up to date with today's lending guidelines
• Highly knowledgeable in FNMA, FHLMC, VA, and FHA loan products
• Ability to calculate income without the use of spreadsheets---Ability to Manually Calculate All Income Sources (W2, SSI, Pension, Rental, Self Employment)
• Ability to manage pipeline of 30+ loans
• Experience using Encompass
• Must Be Detailed Oriented, Focused, Can Create Urgency, & Has Critical Problem-Solving Skills