HELOC Servicing Coordinator
Company: loanDepot
Location: Lake Forest
Posted on: June 25, 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.Mortgage
Servicing 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 Servicing Coordinator, Other , Lake Forest, California
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