Mortgage Loan Processor II
About The Position
Join Oregon State Credit Union as a Mortgage Loan Processor II and play a key role in guiding real estate loans from application through funding. In this role, you'll work closely with members, loan officers, underwriters, and external partners to ensure a smooth, accurate, and efficient lending experience. As a Mortgage Loan Processor II, you'll be responsible for obtaining and reviewing supporting documentation, preparing complete loan files for underwriting review, tracking loans throughout the process, and monitoring loan pipelines to ensure timely closings and funding. You'll also make credit decisions on Home Equity Loans and Lines of Credit within established authority while delivering exceptional service to members and coworkers alike.
Requirements
- Ability to process and track mortgage loan applications.
- Review supporting documentation.
- Prepare files for underwriting.
- Ensure compliance with secondary market and internal lending guidelines.
- Experience managing multiple loans in various stages of the process while meeting deadlines and funding expectations.
- Strong written and verbal communication skills with the ability to effectively assist members, loan officers, underwriters, branch staff, and external real estate partners.
- Commitment to providing exceptional service and maintaining positive professional relationships.
- Excellent time management, analytical thinking, and problem-solving skills.
- Ability to monitor loan pipelines, identify issues, prioritize work, and coordinate activities to keep transactions moving efficiently toward closing and funding.
- Proficiency with Microsoft Word, Excel, loan documentation systems, and real estate lending software.
- Strong attention to detail and ability to review documentation thoroughly while maintaining accurate records and loan files.
- Ability to maintain confidentiality and ensure compliance with all credit union policies, procedures, and applicable regulations, including BSA/AML/OFAC requirements.
- Ability to make Home Equity Loan and Home Equity Line of Credit decisions within established approval limits and maintain SAFE Act registration requirements.
- High school diploma or GED required.
- Two years of real estate lending experience required, including experience working with secondary market investor underwriting guidelines.
- Customer service experience required.
- Must be able to demonstrate that they have the legal right to work in the US.
- Must pass a background screening to the satisfaction of Oregon State Credit Union.
Responsibilities
- Obtain and review supporting documentation.
- Prepare complete loan files for underwriting review.
- Track loans throughout the process.
- Monitor loan pipelines to ensure timely closings and funding.
- Make credit decisions on Home Equity Loans and Lines of Credit within established authority.
- Deliver exceptional service to members and coworkers.
Benefits
- A collaborative and positive workplace culture
- Initial and on-going support, training and mentorship with promotion opportunities
- Competitive wages
- Bonuses
- Paid holidays
- Paid time off
- 100% credit-union-paid employee coverage for medical, dental, vision, life and disability insurance
- Dependent coverage also available
- 401k Plan with an amazingly generous credit union match!
- Tax-saving Flexible Spending and Health Savings Plans
- Premier membership perks
- Loan discount
- Company clothing
- Wellness and recognition programs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
