Job Description

Luxury Mortgage Corp is a licensed mortgage banker that has been engaged in originating and selling residential mortgage loans since 1996. We are an innovative and growing company headquartered in Stamford, CT, with offices in NJ, NY, CA, MA, MI and FL. We are looking for like minded professionals to join our team during this exciting time. If you feel LMC and the position below are right for you, please fill out an application and someone from our recruiting team will be in touch with you.

POSITION OVERVIEW The Wholesale Account Manager's primary responsibility is to review loan files received from the Opening Department and prepare them for submission to the Underwriting Department for final approval while effectively communicating with involved parties such as Loan Originators, Account Executives, Underwriters and real estate brokers.

GENERAL RESPONSIBILITIES

• Assist with completing loan packages and follow-up with brokers to collect required documentation
• Maintain a high level of customer service by being proactive in communicating with Account Executives, real estate brokers, mortgage brokers and internal team members
• Provide timely and periodic status updates
• Review loan package to verify the completeness of data and ensure the loan meets the established standards of company program guidelines and procedures
• Gather, analyze, and validate all documents required for loan approval and submit to Underwriting
• Review loan packages (i.e. verify broker supplied documentation) and accurately input loan information into the company’s Loan Origination System
• Provide feedback to account executives to ensure consistent follow-up regarding pre-approvals and/or full files and assist in resolving issues and/or possible counteroffers
• Request and gather loan conditions from appropriate parties
• Review loan file conditions prior to the Underwriter’s review and assist the Underwriter in setting priorities for loan review
• Manage the closing schedule and communicate with appropriate parties
• Acquire (as appropriate) title, appraisals, consolidation and extensions, subordination agreements, VOEs, VOMs, VODs, Powers of Attorney, E&O policy and/or Closing Protection letter and co-op documents
• Request pay-off statements for all loans to be satisfied and review them in conjunction with the loan package
• Ensure that homeowners’ insurance policy is satisfactory and includes the correct mortgagee clause
• Ensure benchmarks, productivity standards, and service levels are delivered

QUALIFICATIONS

• High school Diploma
• 2+ years of experience in the mortgage industry
• Strong attention to detail
• Able to work under tight deadlines

Company Description

Luxury Mortgage Corp. is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status or any other basis prohibited by state or federal law.