HELOC Coordinator
Company: loanDepot
Location: Lake Forest
Posted on: June 24, 2022
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Job Description:
loanDepot, America's lender, matches borrowers through
technology and high-touch customer care with the credit they need
to fuel their lives. We take the responsibility of being the second
largest non-bank lender seriously. loanDepot's long term commitment
begins at origination continuing with long term support through our
in house servicing teams. Our loanDepot servicing division puts our
customers first, promotes teamwork & provides our employees with
the fuel needed to succeed in their careers. Come join us!loanDepot
- We are America's Lender.Position Summary: Responsible for the
daily tasks associated with servicing HELOC and Consumer Loans.
Ensures that HELOC loans are set up in accordance with the Home
Equity Line of Credit Agreement and Disclosure Statement. This
position ensures the performance of all duties in accordance with
the company's policies and procedures, all U.S. state and federal
laws and regulations, wherein the company
operates.Responsibilities: Establishes HELOC plan ids.Monitors
lines of credit and multiple segments.Reviews requests for
additional draws.Conducts annual value review to determine if line
should be frozen and submits for review.Reviews standard reports
from Servicing System for any errors.Reviews to ensure letters are
sent timely.Requirements: MSP system experience required.Previous
HELOC experience is preferred but not required.Demonstrates
knowledge of, adherence to, monitoring and responsibility for
compliance with state and federal regulations and laws as they
pertain to this position.Intermediate skills in computer terminal
and personal computer operation; Microsoft Office applications
including but not limited to: Word, Excel, PowerPoint and
Outlook.Ability to work with little to no supervision while
performing duties.High School Diploma, College Degree preferred and
a minimum of two (2) + years' experience working in a similar
field.Why work for #teamloanDepot:Aggressive earning potential and
401K with robust company match Inclusive, diverse and collaborative
culture where people from all backgrounds can thriveWork with other
passionate, purposeful and customer-centric peopleExtensive
internal growth and professional development opportunities
including tuition reimbursementComprehensive benefits package
including Medical/Dental/VisionWellness program to support both
mental and physical healthGenerous paid time off for both exempt
and non-exempt positionsWe 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.#LI-JCLPM17PI183036368
Keywords: loanDepot, Lake Forest , HELOC Coordinator, Other , Lake Forest, California
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