Mortgage Loan Processor I Gulfport MS 5171

Keesler Federal Credit Union • Gulfport, MS

6h • Onsite

About The Position

Responsible for all activities required to process mortgage loans from application through closing to delivery on the second market. This role involves processing First Mortgage, Second Mortgage, Land Loans, and Home Equity applications, gathering and validating loan documents, and updating the Loan Operating System (LOS). The position requires following up on missing documentation, ordering and reviewing appraisals, surveys, and title commitments, and notifying the Mortgage Manager of any irregularities. The Mortgage Loan Processor I will also assist members and other departments with inquiries, ensure compliance with federal regulations (including BSA and OFAC), and complete all required compliance training. They must maintain knowledge of KFCU's internal policies and procedures and stay updated on changing regulations. Additionally, this role serves as a backup to assigned Mortgage Loan Processors as needed.

Requirements

• High school diploma or equivalent required.
• 0-1 years mortgage experience, 0-1 year mortgage loan processing experience or equivalent required.
• Must exhibit a basic comprehension or arithmetic competency and possess basic clerical skills, including operating a PC.
• Must possess the ability to meet established productivity standards.
• Must possess an outgoing personality with a helpful attitude and well developed sales culture attitude toward credit union services and products.
• Accuracy and attention to details required.
• Ability to balance and deliver on requests and application processing needs from multiple Loan Originators.
• Must possess and maintain good interpersonal skills with members and other employees.
• Must become familiar with all KFCU guidelines, policies and procedures, departments, and their relationship.
• Must become skilled in Mortgage Loan Systems.
• Must be capable of communicating with insurance agents, attorneys, appraisers, Realtors, and other vendors that supply services for KFCU mortgage loan department.
• Must become knowledgeable with all KFCU products and services, in order to cross-sell to members and prospects.
• Must display a willingness and ability to be cross-trained throughout the department.
• Must possess an on-going ability to keep abreast of changing policies and procedures.
• Must maintain confidentiality and display dependability.
• Extensive use of personal PC required.
• Must be proficient in the Lending Operating system.
• Must be proficient in Microsoft Word, Excel, as well as use of internet and e-mail.
• Courtesy, tact, and diplomacy are essential elements of the job.
• Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
• Must be able to register under the SAFE Act.

Nice To Haves

• Some college desirable or a combination of education and experience which demonstrates the ability to perform the functions of the position.
• Prefer 1 year experience processing FHA, VA, USDA and Conventional loans.
• Overtime may be required as work and circumstances require.
• Must be able to maintain a minimum pipeline of 30-40 loans without sacrificing performance.

Responsibilities

• Processes all First Mortgage, Second Mortgage, Land Loans and Home Equity applications.
• Gathers all necessary loan documents and validates accuracy and updates the LOS as needed.
• Follows up on missing documentation.
• Orders and reviews all documentation, i.e., appraisal, survey, title commitment, etc., and immediately notifies Mortgage Manager of any irregularities and updates the LOS as needed.
• Takes necessary follow-up actions to assure receipt of complete loan packages.
• Assists members, other departments, and department staff with inquiries or problems in a friendly and professional manner and refers more serious matters to the Mortgage Processing Supervisor.
• Assists others within the Loan Department as directed.
• Responsible for compliance with all Federal regulations including Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC).
• Ensures compliance with applicable federal, state and local laws and regulations.
• Complete all required compliance training.
• Maintains knowledge of and adheres to KFCU’s internal compliance policies and procedures.
• Takes responsibility to keep up to date with changing regulations and policies.
• Serves as a back-up to the assigned Mortgage Loan Processor, as needed.

Benefits

• Medical, dental, and vision insurance
• Section 125 Flexible Spending Accounts for Health Care and Dependent Care expenses
• Employee and Dependent Life Insurance
• 401(k) Retirement Plan with 100% match on the first 5% contributed by you
• Paid Leave
• Tuition Reimbursement and Competitive Scholarships
• Short-Term & Long-Term Disability Benefits
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED