Responsibilities
- Perform initial and subsequent condition reviews of all condo and PUD projects in refinance and purchase transactions.
- Ensure compliance with all published condo guidelines from Fannie Mae, Freddie Mac, FHA, and Non-QM.
- Respond to questions and scenarios from Sales, Underwriting, and Processing teams.
- Review and understand project insurance, borrower insurances, project legal documents, project budgets, and questionnaires.
- Examine Title Commitment for consistency with project description.
- Conduct the most efficient review possible for each project, which may involve contacting a third party directly instead of conditioning the file.
- Maintain acceptable turnaround times on new tasks, including initial reviews and condition submissions.
- Document detailed notes in the system whenever a task is touched.
- Review preliminary documents to determine the type of project review needed.
- Communicate with underwriters and processors regarding possible discrepancies in requested documents.
- Check email throughout the day and respond within turnaround times as specified in Project Procedures.
- Call homeowners associations, management companies, and insurance agents to request necessary documents for loan files when needed.
- Assist Condo Analysts with questions about loan files, project eligibility reviews, and underwriting conditions.
- Handle additional assignments as management deems necessary for the department.
Benefits
- 401(k) plan
- Dental insurance
- Disability insurance
- Employee discounts
- Health insurance
- Life insurance
- Paid time off
- 12 paid holidays per year
- Paid training
- Referral program
- Vision insurance
- Bonus
- Referral bonuses
Compensation
Bonus and referral bonuses included
Work Arrangement
Remote
Other
- Remote work opportunity from home.
- Remote work applicants may not work from the following states: California.
- High-speed internet required for remote work, Cable or Fiber ONLY with the ability to connect via Ethernet. Minimum speeds: 70/30 Mbps (basic), 200-300/35-70 Mbps (shared), 500-1,000/100+ Mbps (heavy use).
