Loan Setup Coordinator (7426) at NewFed Mortgage Corp. in Danvers, MA

Summary: NewFed Mortgage Corp. is dedicated to making the mortgage process smooth and service-focused. The Loan Setup Coordinator plays an essential role in supporting the loan lifecycle and is responsible for organizing files, ensuring timely communications, and facilitating efficient loan processes.

Responsibilities:
- Order and track appraisals, title commitments, flood certifications, FHA Case Numbers, VA Certificates of Eligibility, and other loan-level verification
- Prepare and deliver accurate, TRID-compliant initial disclosures in accordance with regulatory timelines and company policy
- Track outstanding items, follow up with vendors and internal teams, and ensure timely completion of third-party orders
- Review incoming documentation for completeness and accuracy to ensure loans are properly set up for processing
- Communicate with loan officers, processors, and production partners to provide updates on loan setup status
- Respond to internal team inquiries and provide status updates by phone and email, in collaboration with processing and sales teams
- Ensure loan set-up activities align with company policies, TRID requirements, and applicable regulations
- Assist with ongoing projects and other administrative tasks such as scheduling, report preparation, correspondence, and other clerical responsibilities

Required Qualifications:
- Education: High school diploma or equivalent
- Tech-Savvy: Comfortable navigating the internet and vendor systems to research, order, and track documentation
- Communication Skills: Clear and professional in both verbal and written communication to ensure accurate information exchange
- Proficiency in Microsoft Office: Intermediate skills with Word, Excel, and Outlook to complete documentation, tracking, and correspondence
- Data Entry & Accuracy: Efficient and accurate when entering data into systems to maintain reliable records
- Follow-Up Skills: Persistent and organized in tracking outstanding items to ensure timely completion of tasks
- Work Under Pressure: Able to perform efficiently and accurately when faced with tight deadlines or competing priorities

Preferred Qualifications:
- Mortgage Industry Knowledge (Preferred): Familiarity with TRID, industry processes and terminology is helpful, though not required

Required Skills: Microsoft Word, Microsoft Excel, Microsoft Outlook, Data Entry, Mortgage Industry Knowledge, TRID Compliance, Vendor System Navigation, Customer Service Mindset

Benefits: Full-time employees are eligible for benefits and 401(k) participation starting the first of the month following 30 days of employment., Includes vacation time, sick time, personal time, and company holidays to support a healthy work-life balance., 401(k) Plan: Features a company match to support long-term financial goals.