203K Loans Specialist
Kforce Inc.
Job Info
RESPONSIBILITIES:
Kforce has a client that is seeking a 203K Loans Specialist in Moorpark, CA.Summary:The 203K Loans Specialist will work with multiple entities outside the company and multiple departments within the company to ensure the validation and processing for 203k funds are within HUD guidelines. As the Loans Specialist, you will monitor pre-purchase loans to identify initial escrow holdback amounts, validate 203k loan information with lenders, and fund loans. The 203K Loans Specialist will:- Process 203k loans by working directly with internal groups including investor accounting, loan boarding, servicing, funding, pricing, and treasury
- Communicate regularly with external groups including lenders, borrowers, contractors, inspectors, consultants, and title companies
- Work with lenders to manage the borrower rehabilitation project and release funds upon lender authorization
- As a 203K Loans Specialist, you will conduct reporting and reconciliation of escrow account balances
- Complete rehabilitation project management by allocating final rehabilitation funds and closing out loans in FHA connection
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization's desired culture and values
REQUIREMENTS:
- Associate's or Bachelor's degree preferred
- Proven interpersonal, verbal, and written communication skills
- Strong mortgage background
- Must be highly proficient in Excel and Word
The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
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