Mortgage Coordinator / Lending Specialist

West-Aircomm Federal Credit Union•Vanport Township, PA

About The Position

This role involves a comprehensive range of responsibilities within the mortgage and lending department of a credit union. The Mortgage Coordinator / Lending Specialist will conduct loan interviews, process applications, and prepare all necessary documentation for loan closings, including mortgages and home equity loans. Key duties include coordinating follow-up paperwork, managing property reports, title insurance, and homeowners' insurance. The position also requires posting loans, balancing end-of-day transactions, and disbursing or closing various loan types. Additionally, the role involves cross-selling credit union products, handling daily inquiries regarding loans and Visa, and assembling applications for review. Processing indirect, unsecured, and secured loans, notifying members of loan approvals, and scheduling closings are also part of the job. The specialist will maintain a thorough understanding of all credit union products and services, handle loan corrections and payroll deduction issues, and perform notary work. A critical aspect of the role is understanding and complying with all lending-related compliance issues, including Bank Secrecy. The position also requires assisting the President/CEO and Vice Presidents of the loan department as directed.

Requirements

Maintain working knowledge of loans and visa.
Develop a working knowledge of all credit union products and services.
Understand and comply with all compliance issues affecting lending, including Bank Secrecy.

Nice To Haves

Notary work for both the credit union and credit union members.

Responsibilities

Conduct loan interviews and take loan applications in person and over the phone.
Prepare loan papers, including mortgage papers, for closing.
Coordinate all mortgage / home equity loans, including all follow up papers, mortgage documents, property reports, title insurance, homeowners’ insurance, bring-downs, satisfactions and mortgage balance verifications as well as pay-offs and home equity advances, mortgage modifications, subordinations and evaluations.
Post loans on the computer and balance at the end of the day.
Disburse or close all types of loans.
Cross-sell all credit union products.
Handle daily phone calls regarding Visa and loans; Complete any necessary action for each phone call.
Assemble applications for review.
Process and post indirect loans as well as unsecured and secured loans.
Notify members of any loans approved and schedule loan closings if needed.
Disburse or post all types of loans.
Drop off Beaver County mortgages to the Recorder of Deeds office if needed.
Maintain working knowledge of loans and visa.
Develop a working knowledge of all credit union products and services.
Handle loan corrections.
Monitor Home Equity Line of Credits for maturity date and offer draw period extensions when qualified.
Handle loan payroll deduction problems.
Perform notary work for both the credit union and credit union members.
Understand and comply with all compliance issues affecting lending, including Bank Secrecy.
Assist in all areas directed by the President / CEO and the Vice Presidents of the loan department.