2021 Mortgage Mastery Trainee - Origination (June Class)
The path to owning a home can be complex. We at DHI Mortgage work together with D.R. Horton, Inc. – our parent company – as their affiliated mortgage lender. Together, we offer a potential one-stop option for helping people navigate the challenges of today’s homebuilding and buying process. DHI Mortgage created the Mortgage Mastery Program, specifically designed to help graduates with the transition from college to corporate life. DHI Mortgage will provide you with professional training and career development every step of the way.
D.R. Horton, Inc. is currently looking for a Mortgage Mastery Trainee for their Corporate Mortgage Department, in addition to locations nationwide. The right candidate will develop overall mortgage skills to prepare teammates to move into other roles including: Loan Originator Assistant.
Essential Duties and Responsibilities
- Review file for correct stacking order, AU findings for initial determination and appropriate documentation.
- Review Loan Officer's "needs list".
- Re-review documentation in file, input any changes into the computer systems and re-run for a correct AU determination.
- Print a "credit package".
- Submit files to Underwriting.
- Review conditions.
- Provide loan status.
- When all conditions are received, make appropriate adjustments in LOS and submit for final approvals.
- Reconciliation.
- Review Loan Processor reports daily.
- Maintain accurate communication log and update LOS comments.
- Attend department staff meetings as directed by Manager.
- Other duties may be assigned such as the following:
- Support the Mortgage Loan Originator (MLO) so that the MLO can focus on producing more volume and provide a higher level of customer service.
- Communicate with parties to the transaction to update them on loan status
- Track outstanding applications and loan documents and call customers to follow up on those documents.
- Scheduling appointments for the MLO
- Assist the MLO in converting prequalification to applications in the LOS. This is strictly handling the administrative side of setting up the electronic loan package. The MLO should select product, loan terms, etc. and it should be in the MLO’s name in the LOS.
- Assist MLO in preparing loan application documentation to submit to processing.
- Assist MLO in returning phone calls when appropriate. Only basic status updates or requests for information may be made. LOA – Unlicensed is prohibited from communicating or negotiating loan terms, rates, etc. to a consumer.
- Monitor pipeline reports daily for status of applications and communicate with processors weekly/daily to make sure all loans are moving through the approval process
- Occasionally provide initial “set up” of the file. i.e., order appraisal, title, verifications etc.
Qualifications
- Recent college graduate.
- Bilingual Spanish Speaker Preferred
- To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
- The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.
Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including vision, medical and dental. Build YOUR future with D.R. Horton, America's Builder where We Build People Too!