Mortgage Processor/Closer

PSECU • Susquehanna Township, PA

4d • Remote

About The Position

Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on... The Mortgage Processor/Closer will work with Mortgage Originator and Underwriters and Processing and Closing Managers to ensure mortgage loans are processed and closed in accordance with secondary market guidelines and/or Board Policy. They serve as a point of contact for borrowers, realtors, settlement agents and other 3rd parties. Schedule: Monday - Friday 9:00am - 5:00pm; Location: Remote, applicants must reside in PA to be considered for this role. In this position, you will Ensures mortgage loans are processed and closed in a timely and efficient manner. Analyze and interpret federal and state regulations, credit union policy, and secondary market guidelines for all real estate loans- conforming and non conforming. • Maintains mortgage pipelines and queues to ensure applications and assignments are being completed timely and accurately and informs supervisor of concerns. Provides detailed comments/rationale on loans to the various mortgage committees when necessary to substantiate the request for approval or denial of a loan. Performs in-depth review and analysis of appraisals, credit reports, title reports, insurance documentation, income documentation, tax return analysis, asset documentation, commitment letter conditions with little to no supervision. Other duties as assigned. In 1934, 22 ordinary people pooled $90 of their own money and formed PSECU, a not-for-profit credit union, to provide a better life for themselves and their families. Since then, PSECU has grown to over $8 billion in assets, more than 590,000 members, and approximately 850 employees. We’ve been recognized by several organizations for our high-quality, low-cost financial products and services, positive member experience, and commitment to helping our Members Achieve More.

Requirements

• High School (Required)
• Minimum 2 years of processing government-backed loans such as FHA, VA, and USDA, or Construction draw loans or any equivalent combination of experience and education.
• Minimum 2 years or longer of secondary market, first mortgage processing and/or closing, or any equivalent combination of experience and education.
• Applicants must reside in PA to be considered for this role.

Responsibilities

• Ensures mortgage loans are processed and closed in a timely and efficient manner.
• Analyze and interpret federal and state regulations, credit union policy, and secondary market guidelines for all real estate loans- conforming and non conforming.
• Maintains mortgage pipelines and queues to ensure applications and assignments are being completed timely and accurately and informs supervisor of concerns.
• Provides detailed comments/rationale on loans to the various mortgage committees when necessary to substantiate the request for approval or denial of a loan.
• Performs in-depth review and analysis of appraisals, credit reports, title reports, insurance documentation, income documentation, tax return analysis, asset documentation, commitment letter conditions with little to no supervision.
• Other duties as assigned.

What This Job Offers

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