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Mortgage Loan Coordinator (MLC) is responsible for providing support to their assigned MLO(s). The primary focus of the position is to manage the clerical/administrative and loan processing duties of the Sales Office. Tasks include managing the loan process, including collecting additional documents as required by underwriting in order to insure timely closing of mortgage loans. However, a MLC cannot take applications, quote rates or sell products. They will serve as a liaison for the loan center and the customer. Mortgage knowledge is utilized by reviewing loan conditions and reviewing customer documentation to support request. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in your immediate termination. Bank of America will consider for employment qualified applicants with criminal histories consistent with San Francisco ordinance 17-14 and federal law applicable to Bank of America.
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