Mortgage Loan Processor

Duties and responsibilities

• Process mortgage loan files: Clear liens, judgments and flood certificates.
• Review appraisals for accuracy and confirm that the appraisal meets secondary marketing guidelines.
• Run and review automated underwriting systems findings prior to sending to underwriters.
• Review all supporting documents in mortgage file to ensure required documents meet underwriting standards including income (including tax returns when needed), assets, liabilities and title.
• Assemble loan files in the mortgage loan origination system in order for submission to underwriting.
• Request supporting documentation from third parties including the ordering of tax transcripts as required for loan files.
• Update the loan origination system as verifications are received from the member and vendors.
• Clear non-member facing underwriting conditions imposed by the underwriters.
• Maintain a working knowledge of all credit union mortgage products.
• Develop a working knowledge of the credit union’s data processing system, loan origination system, Word, and EXCEL software.

Requirements

• Available to work Saturdays on a rotating basis.

Qualifications

• Experience in mortgage loan processing.
• Knowledge of residential loan documentation and compliance with banking regulations.
• Proficiency in using Microsoft Office Suite (Word, Excel).

Benefits

• Paid Holidays
• Paid Time Off (Vacation, Sick and Personal Days)
• Medical, Dental and Vision Insurance
• 401(k) retirement program with matching funds
• Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
• Tuition Reimbursement Program

Pay

N/A

Schedule

N/A

Skills

• Residential loan documentation
• Banking regulations and policies
• Microsoft Office Suite (Word, Excel)

Benefits

• Paid Holidays
• Paid Time Off (Vacation, Sick and Personal Days)
• Medical, Dental and Vision Insurance
• 401(k) retirement program with matching funds
• Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
• Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer