Job Description

JOB DESCRIPTION

PLAZA HOME MORTGAGE, Inc., a national wholesale and correspondent mortgage company headquartered in San Diego, California, has a full-time opportunity for a REMOTE MORTGAGE PROJECT REVIEW SPECIALIST!

Founded in 2000, Plaza Home Mortgage, Inc. is a privately owned, full-service national lender, offering Wholesale, Correspondent, Renovation and Reverse residential mortgages. Headquartered in San Diego, California, Plaza maintains a network of Operations Centers and employs mortgage associates nationwide. Plaza is dedicated to building quality, long-term relationships with its mortgage broker and correspondent clients by offering comprehensive programs and exceptional customer experience.

PRIMARY PURPOSE OF JOB AND CONTRIBUTION TO ORGANIZATION:

The Project Review Specialist will be primarily responsible for providing external business partners and internal Plaza associates with project documentation review results related to various condominium and co-operative project types. The Project Review Specialist will provide client support/research for questions that may arise during the processing/underwriting/closing of condominium and co-operative loans. Additionally, successful completion of training pertaining to the review of condominium and/or co-operative projects may be required.

ESSENTIAL TASKS AND RESPONSIBILITIES:

Must comply with all BSA/AML requirements as well as any mandatory changes. The following job functions are not all-inclusive. The associate will be required to perform other job-related tasks/responsibilities requested by the manager. Job duties may change as required by needs of company. Must complete all required industry and compliance training as required by Plaza Home Mortgage.

• Provide complete documentation review to determine project eligibility based upon Secondary Market and private investor guidelines.
• Financial statement knowledge and analysis (budget, reserve study, audited financials, etc).
• Project insurance knowledge of all applicable coverages (property, liability, fidelity, flood) for compliance with Secondary Market requirements.
• FNMA CPM and CVAS PEW submission requests when applicable.
• Legal documentation review in conjunction with new project GSE Rep and Warrant.
• Proficient with requirements for FNMA/FHLMC Full Project Reviews.
• Proficient with requirements for FHA DELRAP/HRAP review and submission/upload.
• Proficient with the updated FHA Single-Loan Condo Approval Process.
• Provide phone and email support to Plaza Account Executives, wholesale brokers and correspondents on all condominium and co-operative related questions.
• Knowledge of and/or ability to research FNMA, FHLMC, FHA and VA project eligibility guidelines.

QUALIFICATIONS:

• Provide complete documentation review to determine project eligibility based upon Secondary Market and private investor guidelines.
• Financial statement knowledge and analysis (budget, reserve study, audited financials, etc).
• Project insurance knowledge of all applicable coverages (property, liability, fidelity, flood) for compliance with Secondary Market requirements.
• FNMA CPM and CVAS PEW submission requests when applicable.
• Legal documentation review in conjunction with new project GSE Rep and Warrant.
• Proficient with requirements for FNMA/FHLMC Full Project Reviews.
• Proficient with requirements for FHA DELRAP/HRAP review and submission/upload.
• Proficient with the updated FHA Single-Loan Condo Approval Process.
• Provide phone and email support to Plaza Account Executives, wholesale brokers and correspondents on all condominium and co-operative related questions.
• Knowledge of and/or ability to research FNMA, FHLMC, FHA and VA project eligibility guidelines.

CORE COMPETENCIES:

• Attention to Detail
• Business Perspective
• Client Focus
• Impact and Influence
• Interactive Communication
• Problem Solving
• Self Confidence
• Stress Management
• Team Work
• Work Ethic / Values

Plaza is an EEOC employer and follows all federal, state, and local laws relating to fair employment.

Plaza Home Mortgage, Inc. is committed to preventing, stopping and remedying all forms of discrimination that occur in its workplace. Managers are accountable for keeping Plaza’s workplace free from discrimination and ensuring that Plaza provides equal employment opportunity for all in the workforce and for those seeking to become members of Plaza’s workforce.

Plaza’s employees are protected by laws designed to protect employees from discrimination on the bases of race, religion, color, sex, pregnancy, gender identity, sexual orientation, parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or any other non-merit based factor. These protections extend to all management practices and decisions, including recruitment and hiring practices, appraisal systems, promotions, and training and career development programs. Plaza’s employees are also protected against retaliation if they engage in a protected activity, whistleblowing, or the exercise of any appeal or grievance right provided by law.