Mortgage Loan Processor II

Altura Credit Union•Riverside, CA

2d•Hybrid

About The Position

Hybrid position that assists in the fulfillment of member home loan requests through the timely ordering, receipt, and completion of required documentation. Obtains and reviews necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Works with members, real estate agents, and third-party real estate vendors to obtain and verify the accuracy of all information required to submit loan applications for decision-making. Recommends loans for approval to the Underwriting team. Processes Conventional, FHA, VA, Jumbo, Second Mortgage Loans by reviewing loan packages and determining what further documentation will be required, adhering to Altura’s and Investors’ documentation requirements. Provide high-quality service by communicating clearly and effectively with borrowers, internal counterparts, and various third parties during the loan transactions. Package, gather conditions and submit loan files to underwriters and/or external investors. Responds to member inquiries; answer questions, resolve problems and provide solutions. Must have the ability to perform under strict deadlines and other time constraints. Understands and complies with all real estate Lending Federal and State Regulations.

Requirements

High school diploma or its equivalent is required.
Minimum of four (4) years current Processing and loan set up experience in any combination of Conventional, FHA, VA, Jumbo and Second Mortgage loan products.
Understands and complies with all Real Estate Lending Federal and State Regulations.
Provide high quality service by communicating clearly and effectively with borrowers, internal counterparts, and various third parties during the loan transaction.
Reports to work on time, takes required breaks, and works for the full amount of time scheduled before leaving, or notifies the supervisor if any deviation from these responsibilities is necessary.

Responsibilities

Processes Conventional, FHA, VA, Jumbo, Second Mortgage Loans by reviewing loan packages and determining what further documentation will be required, adhering to Altura’s and Investors’ documentation requirements
Provide high-quality service by communicating clearly and effectively with borrowers, internal counterparts, and various third parties during the loan transactions
Package, gather conditions and submit loan files to underwriters and/or external investors
Responds to member inquiries; answer questions, resolve problems and provide solutions
Processes Conventional, FHA, VA and Jumbo Mortgage Loans by reviewing loan packages and determining what further documentation will be required, adhering to Altura’s documentation requirements.