AZ-Mortgage Loan Set Up

Our firm is a wholesale correspondent lender that develops and underwrites home loan programs, giving professional mortgage brokers the ability to sell loans directly to Wall Street. Our online decision engine, BearDirect.net, generates pricing information, loan terms, findings reports and approvals quickly and reliably.

As a wholly owned subsidiary of The Bear Stearns Companies Inc., we believe we offer unique benefits to our clients. Bear Stearns has been an industry leader in the origination, underwriting, structuring and trading of all types of mortgage securities for over 20 years. We tap into these analytical and intellectual resources to offer our clients a broad range of distinctive loan packages at competitive prices.




Position Summary

This position is a junior member of the loan processing staff. The Loan Set-Up employee will be responsible for completing data entry into the internal loan origination system and submitting completed files to underwriting. This position will work closely with internal departments including processing, underwriting and operations. The role would require knowledge of data entry and basic computer skills including a working knowledge of Windows and Microsoft Office. The Loan Set-Up person would be responsible for adherence to loan RESPA procedures. This individual will be highly customer service oriented and work closely with the operations staff to maintain a sense of urgency in daily production.


Essential Job Functions

•Input 8-10 new files per day into LOS system and distribute loans to underwriting.
•Maintain department turn-time standards.
•Incorporate a customer friendly atmosphere for both internal and external customers.
•Insure compliance with RESPA procedures.
•Generate up-front disclosure documents and send to clients.
•Interact with other departments in a professional manner in a team environment.
•Ability to handle stressful situations calmly and efficiently.
REQUIREMENTS
•High School diploma or equivalent required.
•Minimum one year data entry/computer skills experience required- mortgage industry related.
•Ability to type 45 words per minute.
•Ability to work in a windows-based computer system.
•Strong organizational skills and the ability to prioritize workload.
•Demonstrated ability to function as a committed team player.
•Excellent customer service skills and ability to complete multiple tasks on schedule.
•Must possess good verbal communication skills.

Bear Stearns is an equal opportunity employer. Bear Stearns considers all applicants for employment without regard to race, color, religion, gender, national origin, age, disability, marital status, sexual orientation, veteran status, or any other legally protected category under federal, state or local l