Mortgage Loan Processor
About the position
Credit Union 1 is excited to announce an opening for a Mortgage Loan Processor, a role that is essential to our mission of providing excellent service to our members. This position involves extensive administrative and member service work, with primary responsibilities centered around the timely and accurate processing of real estate loan files. As a Mortgage Loan Processor, you will be required to maintain effective communication with members, Mortgage Loan Origination staff, and other real estate professionals to ensure the smooth coordination and exchange of information necessary for closing real estate loans. In this role, you will review Automated Underwriting System (AUS) findings to determine the necessary items for the loan file, organize and arrange supporting documentation collected from members and outside service providers, and verify the accuracy of loan data entered into the Loan Origination System (LOS). You will also be responsible for reviewing credit reports to address any inconsistencies identified in the findings, ordering services from outside providers, and submitting files for underwriting. Ongoing communication with members and parties to the transaction, such as attorneys and realtors, is crucial to ensure a seamless process. To be successful in this position, you must possess strong organizational skills and the ability to manage your time effectively. You will also need to register as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry, maintaining and renewing that registration annually, and providing your unique identifier to consumers as required by applicable SAFE Act regulations. Credit Union 1 values its employees and is committed to their success and professional development, offering a supportive work culture that encourages growth and learning.
Responsibilities
Review Automated Underwriting System (AUS) findings to determine items needed for the loan file.
,
Organize and arrange supporting documentation collected from members and outside service providers.
,
Verify the accuracy of loan data entered into the Loan Origination System (LOS).
,
Review credit reports as needed to address any inconsistencies identified in the DU/LP findings.
,
Order services from outside providers, such as Appraisal, Title, Flood Certificate, Condo Questionnaire, Verification of Employment, etc.
,
Submit for Mortgage Insurance Certification (if applicable).
,
Submit file for Underwriting.
,
Clear all delegated credit and property conditions post-underwriting.
,
Assist Loan Closers and Mortgage Loan Origination Staff as needed in their daily responsibilities.
,
Maintain ongoing communication with members, parties to the transaction (attorneys, realtors, etc.), and outside service providers.
Requirements
Degree in Business Administration, Finance, Accounting, or related field of study preferred.
,
Minimum 2 years' experience in first mortgage lending practices, including federal and state regulatory requirements.
,
Strong organizational, communication, and time-management skills.
,
Requires professional appearance and attitude.
,
Proficient with various technology platforms (Microsoft, Adobe, etc.).
Nice-to-haves
Benefits
401(k)
,
AD&D insurance
,
Dental insurance
,
Disability insurance
,
Employee assistance program
,
Health insurance
,
Health savings account
,
Tuition reimbursement for approved courses (after 1 year)
,
Paid Time Off (PTO) begins accruing day one of employment
,
Free Employee Assistance Program (EAP)
,
Livongo Diabetes Management Program
,
Excellent benefits packages including Medical PPO insurance, High Deductible Health Plan (HDHP) and Health Savings Account (HSA), Dental & vision insurance (employee coverage 100% company paid), Life, AD&D, short and long-term disability insurance (100% company paid), 401(k) retirement and profit-sharing plan.
Apply Now
Credit Union 1 is excited to announce an opening for a Mortgage Loan Processor, a role that is essential to our mission of providing excellent service to our members. This position involves extensive administrative and member service work, with primary responsibilities centered around the timely and accurate processing of real estate loan files. As a Mortgage Loan Processor, you will be required to maintain effective communication with members, Mortgage Loan Origination staff, and other real estate professionals to ensure the smooth coordination and exchange of information necessary for closing real estate loans. In this role, you will review Automated Underwriting System (AUS) findings to determine the necessary items for the loan file, organize and arrange supporting documentation collected from members and outside service providers, and verify the accuracy of loan data entered into the Loan Origination System (LOS). You will also be responsible for reviewing credit reports to address any inconsistencies identified in the findings, ordering services from outside providers, and submitting files for underwriting. Ongoing communication with members and parties to the transaction, such as attorneys and realtors, is crucial to ensure a seamless process. To be successful in this position, you must possess strong organizational skills and the ability to manage your time effectively. You will also need to register as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry, maintaining and renewing that registration annually, and providing your unique identifier to consumers as required by applicable SAFE Act regulations. Credit Union 1 values its employees and is committed to their success and professional development, offering a supportive work culture that encourages growth and learning.
Responsibilities
Review Automated Underwriting System (AUS) findings to determine items needed for the loan file.
,
Organize and arrange supporting documentation collected from members and outside service providers.
,
Verify the accuracy of loan data entered into the Loan Origination System (LOS).
,
Review credit reports as needed to address any inconsistencies identified in the DU/LP findings.
,
Order services from outside providers, such as Appraisal, Title, Flood Certificate, Condo Questionnaire, Verification of Employment, etc.
,
Submit for Mortgage Insurance Certification (if applicable).
,
Submit file for Underwriting.
,
Clear all delegated credit and property conditions post-underwriting.
,
Assist Loan Closers and Mortgage Loan Origination Staff as needed in their daily responsibilities.
,
Maintain ongoing communication with members, parties to the transaction (attorneys, realtors, etc.), and outside service providers.
Requirements
Degree in Business Administration, Finance, Accounting, or related field of study preferred.
,
Minimum 2 years' experience in first mortgage lending practices, including federal and state regulatory requirements.
,
Strong organizational, communication, and time-management skills.
,
Requires professional appearance and attitude.
,
Proficient with various technology platforms (Microsoft, Adobe, etc.).
Nice-to-haves
Benefits
401(k)
,
AD&D insurance
,
Dental insurance
,
Disability insurance
,
Employee assistance program
,
Health insurance
,
Health savings account
,
Tuition reimbursement for approved courses (after 1 year)
,
Paid Time Off (PTO) begins accruing day one of employment
,
Free Employee Assistance Program (EAP)
,
Livongo Diabetes Management Program
,
Excellent benefits packages including Medical PPO insurance, High Deductible Health Plan (HDHP) and Health Savings Account (HSA), Dental & vision insurance (employee coverage 100% company paid), Life, AD&D, short and long-term disability insurance (100% company paid), 401(k) retirement and profit-sharing plan.
Apply Now