Mortgage Loan Processor

FIRST COMMUNITY CREDIT UNION • Beloit, WI

93d

About The Position

The position involves reviewing mortgage loan applications submitted through Blend and entered into the Byte Loan Origination System (LOS) for accuracy and completeness. The role requires verifying borrower information, including income, assets, employment, liabilities, and credit reports, ensuring that proper documentation is obtained. Additionally, the employee will order and review appraisals, title work, flood certifications, verifications of employment/assets, and other third-party services. The employee will prepare and deliver required loan disclosures and ensure compliance with federal and state lending regulations, including TRID. Clear and proactive communication with members, loan officers, real estate agents, and closing agents throughout the loan process is essential. The employee will work closely with underwriters to resolve conditions and provide requested documentation in a timely manner, maintain detailed and accurate records in Byte LOS, and ensure loans meet internal and investor guidelines prior to closing. Monitoring the pipeline to meet processing turn-time goals and credit union service standards is also a key responsibility. The employee will support members by providing guidance on documentation requirements and ensuring a smooth and positive mortgage experience. Availability to work weekends and extended hours, as well as attending special off-site sales events and credit union functions, is required.

Requirements

• High school diploma or equivalent required; associate or bachelor’s degree in business, finance, or related field preferred.
• Minimum 2 years of mortgage processing or lending experience in a financial institution or mortgage company.
• Proficiency with mortgage loan origination systems; experience with Byte and Blend strongly preferred.
• Strong knowledge of mortgage products, TRID, RESPA, HMDA, and other applicable regulations.
• Excellent organizational skills and attention to detail.
• Strong communication skills with the ability to explain complex information clearly.
• Ability to manage multiple files simultaneously while meeting strict deadlines.
• Team-oriented with a commitment to providing outstanding member service.
• Compliance with government regulations affecting the credit union industry.

Responsibilities

• Review mortgage loan applications for accuracy and completeness.
• Verify borrower information including income, assets, employment, liabilities, and credit reports.
• Order and review appraisals, title work, flood certifications, and other third-party services.
• Prepare and deliver required loan disclosures and ensure compliance with lending regulations.
• Communicate with members, loan officers, real estate agents, and closing agents throughout the loan process.
• Work closely with underwriters to resolve conditions and provide documentation.
• Maintain detailed records in Byte LOS and ensure loans meet guidelines prior to closing.
• Monitor pipeline to meet processing turn-time goals and service standards.
• Support members by providing guidance on documentation requirements and ensuring a positive mortgage experience.
• Availability to work weekends and extended hours.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 251-500 employees