First Mortgage Processor

Suncoast Credit Union•Tampa, FL

14h•Hybrid

About The Position

The first Mortgage Processor plays a vital role in improving the financial lives of Suncoast Credit Union members. Key responsibilities include processing 1st mortgages, FNMA, portfolio, construction, and investor mortgage loans. This individual performs all duties in accordance with credit union policies, procedures, and state regulatory guidelines. An ideal candidate is a courteous individual who provides efficient service with the utmost concern for the confidentiality, security, and privacy of member data.

Requirements

High school diploma or equivalent
3+ years of mortgage processing or closing experience
Ability to work evening hours outside of normal operating hours
Ability to prioritize tasks, deal effectively with competing and changing priorities to meet deadlines
Accurate, detail-oriented, and organized with task management
Ability to analyze and resolve routine problems or situations
Knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities
Proficient written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
Ability to communicate information requiring explanation or interpretation
Ability to work independently and in a team-oriented environment
This position requires the employee to register as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry (NMLS). The employee will obtain a unique identifier from the registry before engaging in mortgage loan originator activities. The employee must maintain and renew the registration on an annual basis, provide updated registration information with the registry on a timely basis, and provide a unique identifier to consumers as required by applicable SAFE Act regulations and Suncoast Credit Union policies and procedures.

Nice To Haves

2+ years of Fannie Mae experience preferred

Responsibilities

Administer tasks to meet all processing conditions associated with the loan approval according to GSE, PMI, FHA, USDA, and credit union guidelines
Review documents that support application data such as employment and income
Analyze tax returns, asset documentation, payment history, liabilities, and estate owned to validate accurate information
Obtain corrections and written explanations for any material discrepancies from the original application
Review title insurance commitments, appraisals, surveys, and pest inspections for accurate information
Verify adequate hazard and flood insurance coverage
Update the loan origination system with verified information and dates to ensure complete and accurate tracking of documents
Maintain close communication with all parties involved in the mortgage transaction to ensure timely fulfillment of documentation requirements and established SLA’s
Conduct phone calls and electronic communications with mortgage applicants to answer questions in accordance with established performance standards and benchmarks
Review redisclosure documents and verify the accuracy of items such as loan amount, loan term, rate, and closing costs
Prepare and submit completed underwriting files in accordance with guidelines of the Desktop Underwriter, PMI, and other investors if applicable
Compare the Loan Estimate and draft Closing Disclosure to review items for accuracy
Ensure changes of circumstance are correctly documented and required closing time frames are met
Monitor daily pipeline reports and pipeline views to review files in accordance with established performance standards
Assist service centers with questions regarding mortgage applications in the processing stage
Attend educational events to increase professional knowledge