Mortgage Loan Processor

Via Credit Union•Marion, IN

18h•Onsite

About The Position

Via Credit Union is seeking a Mortgage Loan Processor working Tuesday - Saturday (noon). The Processor is responsible for answering basic lending questions from members; performing a variety of support duties related to the lending function. Responsible for researching background information on loan applicants, ordering reports, and mailing time sensitive documents. Locate any missing documents/paperwork pertinent to the processing of loan application. Maintain and enhance working relationships with Realtors, and title company representatives, etc. Employment Requirements : As a financial institution, Via Credit Union requires its employees to successfully pass a comprehensive background check and be in good financial standing as a condition of employment and to remain in such standing. “Good financial standing” means that the employee is current on all payments due to Via Credit Union or any other creditors and is in compliance with all applicable laws relating to financial crimes. Candidate Tip: Add "apps.bamboohr.com" to your email contact list so you make sure to receive emails regarding your application. Overview: The scheduled work week is Tuesday - Saturday (noon), unless otherwise specified, working Tuesday - Thursday 8:15 a.m. - 4:30 p.m., Friday 8:15 a.m. - 5:00 p.m., and Saturday 8:15 a.m. - noon. Reasonable Accommodations Statement: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Requirements

High School Diploma or equivalent
Must have a valid driver's license
Must be insurable
Excellent computer skills with programs such as Microsoft Office Suite (Word, Excel, Outlook, etc)

Nice To Haves

Prior loan processing experience preferred

Responsibilities

Accepts application from Mortgage Loan Originator (MLO) and completes initial assessment of and required supporting documentation for missing or incomplete data.
Orders third party services and works with vendors to ensure accurate and timely delivery of services.
Reviews title commitments to determine all requirements needed for lien perfection. Including the review of judgements, public records, required payoffs of other existing liens.
Images application and all support documents for underwriter submission.
Maintains an underwriter rotation for assigning loans to specific underwriters for decision.
Monitors file throughout the lending process and inform MLO of anything needed.
Works with MLO, title companies, realtors and members to schedule the loan for closing.
Obtain and verify payoffs required at closing.
Verifies Via CU is properly listed as mortgagee and that all policy requirements have been met on all required insurance policies prior to closing.
Coordinates final details with the title company and prepares the Initial Closing Disclosure.
Prepare all closing documents.
Maintains closing and funding calendar for mortgage department.
Receives completed closing packet from the title company.
Completes the funding and transfer from the Mortgage Loan Origination System to the core system.
Verifies and images complete file to CU imaging system.
Completes required tracking records at the loan level.
Records mortgages not closed at title companies.
Maintains Recorded Mortgage and Final Title Policy Tracking and weekly reports to management.
Submit required PMI for activation of quoted coverage.
Maintains Allied insurance tracking for all mortgages for hazard and flood insurances.
Input and update data into cu computer system.
Assemble and verify loan documents for accuracy.
Maintain new and paid mortgage loan files.
Ensure that loan files contain documents with proper signatures, dates, etc.
Gather additional data when necessary.
Adhere strictly to credit union policies and procedures.
Inform members of decisions in a timely manner, including denial letters.
Cross-sell credit union products and services.
Assist members with the loan application process.
Notify vendor to place security interest of credit union on title document.

Benefits

Affordable medical and prescription, dental, and vision (employer co-pay)
Flexible Spending Account – Dependent Care & Unreimbursed Medical
Basic Life Insurance (employer paid)
Voluntary Life & AD&D
Long Term Disability & Travel AD&D (employer paid)
Paid Time Off: Vacation, Sick, Personal, 9 paid holidays, and bereavement
Community Service Day: Employer paid
Bereavement Pay
Financial & Retirement Planning
Competitive Pay
Annual Performance Reviews
Incentive Pay: Some positions qualify for incentive pay
401(k): Safe Harbor Non-Elective (employer paid)
Elective Deferral: Employee contribution, minimum of 1%
Company Match: Employer contribution, dollar for dollar, up to 3% of annual compensation
Discretionary Profit Sharing