Mortgage Loan Boarding Specialist

This is a fully remote position, open to applicants in Tennessee.

📋 Description

• Contributes to the 7 Servicing mission by ensuring that newly originated and transferred mortgage loans are accurately configured in the servicing system.

• Examines mortgage loan documents and data for precision, completeness, and consistency before boarding.

• Establishes newly originated and transferred mortgage loans on the servicing platform in line with credit union policies and investor requirements.

• Confirms essential loan details such as loan terms, interest rates, payment information, member/borrower details, escrow setup for taxes and insurance, and investor and product types.

• Matches boarded loan data with source documents and addresses discrepancies promptly.

• Collaborates effectively with mortgage origination, closing, accounting, and servicing teams to resolve issues.

• Aids in post-boarding quality control reviews to ensure ongoing data integrity.

• Ensures compliance with relevant regulations, investor guidelines, and internal procedures.

• Maintains organized and clear documentation of tasks performed.

⛳️ Requirements

• At least 1 year of experience in the mortgage industry or a related field (such as consumer or commercial lending).

• Knowledge of Home Equity Line of Credit (HELOC) products.

• Basic comprehension of mortgage loan documents and servicing processes.

• Experience utilizing computer systems for mortgage lending and reporting.

• Background in mortgage servicing, loan boarding, post-closing, or mortgage operations.

• Familiarity with conventional and government loan products (FHA, VA, USDA).

• Experience with the ICE MSP platform.

🏝️ Benefits

• Flexible work arrangements.