Mortgage Processor
REV Federal Credit Union · Summerville, SC · 3 wk ago
On-siteFinanceFull-time
Duties & Responsibilities
- Provides members and Real Estate Lending personnel with quality mortgage loan processing according to the credit union's policies, practices, and procedures.
- Keeps abreast of all Fannie Mae underwriting guidelines as required.
- Prepares loan underwriting package for submission to underwriter.
- Obtains all needed deposit, income & employment verifications for loan packages.
- Orders appraisals, if applicable, flood determinations, and private mortgage insurance.
- Collaborates with members, realtors, attorneys, sellers, and appraisal management firms.
- Requests payoffs and updated insurance declaration pages showing the desired mortgagee clause.
- Complies with Credit Union Policies and Procedures, as well as regulatory compliance.
- Provides back-up to other Real Estate Lending staff as needed.
- Assumes other duties and responsibilities as required or assigned.
Skills & Qualifications
- Education/Certification & Experience: Minimum 4 years of experience processing conventional and government loans
- High school diploma or equivalent
- Knowledge of real estate lending criteria, compliance, and federal/state regulations
- Skills/Abilities: Excellent organizational, oral, and written communication skills
- Ability to perform in a fast-paced environment typical of Mortgage Banking
- Experience with Microsoft Word & Excel
- Experience with Calyx Point, Meridian Link/Loans PQ, or Encompass Software