Mortgage Loan Processor/Closer

Greater Iowa Credit Union•Ames, IA

6h•$46,758 - $70,158•Onsite

About The Position

We are currently seeking a Mortgage Loan Processor/Closer to perform duties related to the processing and closing, of sub-prime, and secondary market residential mortgage loans and prepare loan packages for underwriting. Proactively contact members, Mortgage Loan Originators (MLO's), underwriter, closing agent, and any required parties to ensure processing workflow deadlines are met. Assume primary responsibilities for the processing loan file and documentation upon receipt through closing. Assist in investor delivery date when applicable and post closings.

Requirements

Three years to five years of similar or related experience.
A two year college degree or Completion of a specialized course of study at a business or trade school or Completion of a specialized and extensive in-house training or apprenticeship program or equivalent prior work experience.
Strong written, verbal, and oral communication skills.
High level of service orientation.
Ability to present information with diplomacy and tact.
Display interpersonal and relationship building skills.
Working knowledge of Microsoft Office software applications.
Detail oriented and ability to multi-task.
Ability to operate standard office equipment.

Responsibilities

Actively manage processing pipeline, proactively contact relevant external and internal parties including applicants, real estate agents, MLO and other required parties to obtain required documents and stipulations and process loan.
Process applications and verify accuracy for prime, sub-prime, secondary market and open and closed end mortgage loans.
Review all disclosures for fixed and variable rate loans.
Submit loan file for underwriting approvals through clear to close.
Request and evaluate property abstract, survey, appraisal, flood certification, income and asset documents and any required stipulations.
Obtain title work from attorney and proof of insurance.
Prepare closing documents.
Reviews loan to determine all conditions have been met prior to closing.
Record HMDA and data in compliance with state and federal regulations including loan status, number of new applications, and number of loans approved, canceled, or denied.
Prepare and send final loan packages for secondary market delivery on initial submission.
Ensure post-closing documents are correct and received or delivered in a timely manner.
Cross train in and support real estate servicing operations.
Perform other duties as assigned.