The Mortgage Processor is responsible for all aspects of the daily operations within a Mortgage Loan Operations Team. These operations include, but are not limited to, the completion of all loan processes: generating complete and accurate disclosure documents in a timely manner; evaluating changes in key loan characteristics and generating re-disclosure documents as appropriate; ordering, obtaining, and processing loan documentation provided by customers, settlement agents, and other third parties according to established guidelines; confirming closing fees and loan terms; preparing and securing properly executed loan documents; disbursing loan proceeds pursuant to approved loan terms; and, responding and providing status information to customers, settlement agents and all other internal and external interested parties.
The Mortgage Processor is responsible for a variety of loan documentation duties using comprehensive knowledge of policies and procedures for loan products.
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We are seeking to hire a Mortgage Processor in our Real Estate Lending Department. The ideal candidate will be able to obtain and analyze information, possess excellent time management skills and be able to multi-task in a fast-paced environment.
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The Mortgage Processor is responsible for processing conventional and government loan requests based on product, underwriting, and state specific and investor guidelines.
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We currently have an exciting opportunity for a Mortgage Processor in our Operations Center. The primary function of the Mortgage Processor is to ensure the timely and accurate processing, closing, and packaging of all member mortgage loans. Responsible for ensuring that all loan documentation is complete, accurate, verified and complies with the credit union and applicable lending program policies. Ensure compliance as required by policy and regulation.
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Thr Mortgage Processor is responsible to understand, comprehend and maintain with all laws and regulations such as TILA-RESPA, ATR/QM and HMDA. This position is also independently responsible to review and evaluate applications for all products offered and determine credit worthiness of applicant and ensure meets requirements of bank, government agencies and secondary market investors.
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The Mortgage Processor prepares and sends out all approved subordination agreements. Monitors and tracks those applications pending information. Reviews and researches through completion all incomplete applications. Re-enters all data entered applications by external sources when they are entered for the incorrect location.
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The Mortgage Processor is responsible for all aspects of preparing loans for final decision as well as ensuring all loan documentation is digitized, reviewed and meets product and program guidelines. This position ensures the integrity of loan data in the mortgage system. This position is responsible for managing appraisal, title, mortgage insurance, and flood insurance vendor relationships to ensure timely receipt of vendor work to meet purchase contract dates and predetermined closing dates. The position routinely and proactively communicates with mortgage consultants, underwriters, closers, borrowers, realtors, builders, bank partners and other participants in the mortgage process to ensure an efficient, qualitative and satisfactory lending experience.
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A Mortgage Processor has the ability to work both independently and cohesively with others and foster a team environment. They work as a team to insure best practices, efficiencies and ideas are shared. They thrive in our ever-changing environment. The take great pride in the work they do as it contributes to Bank being an industry leader in our markets.
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We are currently seeking a self-motivated, energetic Mortgage Processor to join our team. The ideal candidate will possess two to five years mortgage processing or related experience in a credit union or similar financial institution, eager to make an impact with a strong, professional work ethic.
Process mortgage loans in a timely manner while adhering to Credit Union’s lending policy and procedures as well as regulatory requirements. This position also supports living out our Core Purpose, “To grow lasting relationships to improve people’s lives.” This is done by providing outstanding service to both internal and external members.
Performs a variety of duties pertaining to processing mortgage loan products in accordance with Credit Union policies and procedures and all applicable governmental regulations.