loanDepot is hiring a Mortgage Insurance Coordinator to join our team. You will be responsible for managing Mortgage Insurance (MI) certifications, following up with MI companies, and ensuring MI is properly ordered, activated, and released. This position involves reconciling insurance premium payments and working directly with Underwriting to resolve any payment discrepancies.
What You'll Do
- Activate BPMI for each MI company on individual websites.
- Work with accounting to get LPMI paid by wire to each MI company.
- Confirm MI companies received wires.
- Activate all HARP MI loans on MI websites regardless of BPMI/LPMI.
- Cancel MI certifications for loans that cancelled with loanDepot.
- Follow up with all MI companies to ensure certifications have been activated for LPMI and BPMI.
- Work with Cenlar to ensure activation on MI certifications that are in their names.
- Perform other duties and projects as assigned.
What We're Looking For
- A High School Diploma or equivalent.
- A minimum of two (2) years’ experience working in a similar field.
Nice to Have
- Experience in the Mortgage industry.
Team & Environment
You will work directly with the Underwriting team.
Benefits & Compensation
- Aggressive compensation package based on experience and skill set.
- Inclusive, diverse, and collaborative culture.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
- Generous paid time off for both exempt and non-exempt positions.
- Compensation range: $14.42 and $25.24/hr.
Work Mode
This role is based locally in Southern California. loanDepot has offices nationwide.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
