Mortgage Construction Processor

About the role

Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day.

Responsibilities

• Works with Mortgage Originator and Underwriters and Processing and Closing Managers to ensure mortgage loans are processed and closed in accordance with secondary market guidelines and/or Board Policy.
• Serves as a point of contact for borrowers, realtors, settlement agents and other 3rd parties.
• Processes and closes 1st mortgage loans, and other moderately complex and niche loan types.
• Analyzes and interprets federal and state regulations, credit union policy, and secondary market guidelines for all real estate loans- conforming and non-conforming.
• Assists with training of staff.
• Supports the processing and closing units to ensure mortgage loans are processed in a timely and efficient manner.
• Maintains mortgage pipelines and queues to ensure applications and assignments are being completed timely and accurately and informs supervisor of concerns.
• Offers alternative and/or corrective options, when applicable, when loan documentation or terms of loan do not meet underwriting standards.
• Provides detailed comments/rationale on loans to the various mortgage committees when necessary to substantiate the request for approval or denial of a loan.
• Performs in-depth review and analysis of appraisals, credit reports, title reports, insurance documentation, income documentation, tax return analysis, asset documentation, commitment letter conditions with little to no supervision.
• Must comply with and meet all requirements regarding the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act, 12 CFR 365).

Requirements

• High School (Required)
• Any equivalent combination of experience and education.
• Required Minimum 2 years of processing government-backed loans such as FHA, VA, and USDA, or Construction draw loans.
• Required Minimum 2 years or longer of secondary market, first mortgage processing and/or closing.

Qualifications

• Not Required

Benefits

Schedule: Monday - Friday 9:00am - 5:00pm; Location: Remote, applicants must reside in PA to be considered for this role.

Pay

N/A

Schedule

Monday - Friday 9:00am - 5:00pm

Benefits

N/A