Mortgage Processor

Full-time, on-site position at our Larpenteur Administrative office in Falcon Heights, MN.

Responsibilities

• Process first and second mortgage loan applications from application through closing, ensuring accuracy and completeness to meet underwriting approvals, requirements, and secondary market guidelines.
• Prepare and deliver initial mortgage disclosures within compliance timelines.
• Request and collect additional information or documentation from members or potential members during the loan process.
• Obtain required documentation from third parties, including appraisers, loan officers, title companies, and agents.
• Pull tax-assessed values, order appraisals, title work, employment verifications, and flood certifications.
• Verify homeowners’ insurance for current coverage and adequate limits for all loans against the property.
• Prepare loan documents and mortgage files for underwriting.
• Resubmit loan applications through an underwriting system to achieve a 99% scoring rate based on verification findings and satisfied stipulations.
• Recommend and sell Blaze products and services to meet members’ financial needs and support Blaze’s growth objectives.
• Complete loan closing procedures, schedule closings for purchases and refinances, and keep members informed throughout the process.
• Prepare final documentation for loan closing, including verbal verification of employment, updated payoff statements, and homeowners’ insurance.
• Comply with applicable laws and regulations, including the Bank Secrecy Act, Patriot Act, and Office of Foreign Assets Control.
• Exhibit Blaze’s Core Values: Better Lives, Thoughtfully Compassionate, Minnesota’s Best, and Give Back.
• Maintain regular and predictable attendance.
• Perform other duties as assigned to support effective department operation.

Requirements

• Minimum high school degree or equivalent.
• 2-3 years of similar or related financial experience.
• Strong verbal and written communication skills.
• Proficiency in Microsoft products and general computer skills.
• Ability to work in a fast-paced environment and manage multiple tasks.
• Ability to lead credit union department processes and share corporate knowledge.
• Knowledge of Encompass is a plus.

Pay

$25.20 - $30.00 per hour, plus quarterly team bonus.

Benefits

• Low-cost medical insurance (as low as $20 per paycheck).
• Dental and vision insurance.
• Generous vacation and sick time hours.
• Paid leave options.
• Up to 6% 401k contribution.
• Tuition reimbursement.