You originate, process, underwrite, and close the biggest financial transaction most people ever make. TRID timelines, LTV limits, DTI calculations — AI is accelerating the process, but the regulatory framework isn't getting simpler.
2 AI translations · Real Estate
Take applications, pull credit, verify income and employment, order appraisals, and assemble the loan file for underwriting. Manage the TRID timeline — Loan Estimate within 3 business days, Closing Disclosure 3 days before close. Chase conditions, manage rate locks, and coordinate between the borrower, realtor, title company, and appraiser. Every file has 200+ pages of documentation. The average loan touches 10+ people before it closes.
Evaluate borrower qualification: income verification (W-2, tax returns, bank statements for self-employed), credit analysis, asset verification, DTI ratio calculation, and collateral assessment (appraisal review). Apply agency guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA) or portfolio/jumbo criteria. Manage the condition clearing process: document deficiencies, explanations for credit events, and automated underwriting system (DU/LP) findings. Comply with TRID, HMDA, ECOA, and state-specific licensing requirements. For commercial, underwrite based on property cash flow (DSCR), LTV, and borrower net worth.