Mortgage Loan Processor II

Scott Credit Union•Collinsville, IL

2d•$22 - $28•Onsite

About The Position

Scott Credit Union is hiring a Mortgage Loan Processor II in Collinsville, IL to lead and grow our mortgage lending efforts while strengthening relationships within our communities. If you’re passionate about driving results, developing high-performing teams, and delivering exceptional member experiences in a collaboration, service-driven environment, we’d love to welcome you to our award-winning team. The Mortgage Loan Processor II trains all incoming Mortgage Loan Processor employees and provides guidance and advice to peers. Within authorized limits, and in accordance with sound underwriting practices as set out in policy and procedure, collects and analyzes information, calculate and verifies data, and recommends approval of borrower's applications for open and closed end mortgages. In addition to being well versed in all processing tasks performed by the Mortgage department, the Mortgage Loan Processor II trains all incoming Mortgage Loan Processor employees and provides guidance and advice to peers.

Requirements

High School Diploma or equivalent.
Minimum three (3) years of Mortgage processing experience.
Experience processing complex loans (e.g. government loans, self-employment borrowers, and income analysis requiring interpretation).
Personal computer experience to include Microsoft Office products.

Nice To Haves

You independently manage a pipeline of 30+ active mortgage loans
You maintain consistent file touch cadence and milestone management
You have clear underwriting conditions with minimal resubmits
You deliver exceptional member and Loan Officer communication
You demonstrate strong problem-solving on complex loan scenarios

Responsibilities

Processes mortgage applications received via the web, branch personnel, or from Home Loan Advisors and requests specified information for loan application.
Submits applicant information through online underwriting tool to verify acceptance by secondary market.
Analyzes applicant financial status, credit profile, and evaluates properly to determine feasibility of granting loan.
Maintains regular and consistent contact with member and Home Loan Advisor throughout processing term.
Ensures loan agreements are complete and accurate according to internal policy, applicable regulations and secondary market guidelines.
Analyzes potential lending opportunities involved in each lending situation to further assist the borrower as well as increase the credit union's lending portfolios.
Requests title insurance commitment and reviews to insure the interest of the credit union and the member are protected in all transactions. Obtains additional documentation as may be required.
Ensures compliance with final underwriting and appraisal conditions.