Home Mortgage Correspondent Loan Purchase Specialist

Description

The Loan Purchase Specialist is responsible for reviewing closed loans delivered for purchase to the Correspondent Lending Division. The review consists of determining loan eligibility and compliance to Citizens and Agency product guidelines. In addition, this position is the primary liaison to the Correspondent Lender and the multiple Operations teams reviewing and placing conditions on loans.

Duties Include:

+ Use Company systems to review loans for compliance to Citizens, Agency, FHA, VA, and USDA guidelines and perform loan level data entry on each loan reviewed to determine purchase eligibility while meeting production and quality standards

+ Distribute suspense notifications to Lenders and facilitate the clearing of conditions by multiple loan review teams

+ Communicate with Lenders to answers questions, explain guidelines, and resolve loan level suspensions while demonstrating outstanding customer service levels

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