Mortgage Processor II

OnPoint Credit Union • Portland, OR

1d

About The Position

As a Mortgage Processor II at OnPoint, you will apply real estate expertise, attention to detail, organization, and communication skills while working with internal and external stakeholders. The role supports members in attaining a home and related mortgage products and helps uphold the credit union’s safety and soundness. You will manage an active pipeline across all loan types, process loans in accordance with investor and department policies, and complete them in less than 30 days from receipt of a full application and/or the Purchase and Sale Agreement Close of Escrow date, while flexing priorities as needed. The position also contributes to staff development, process improvements, and effective teamwork across processing, underwriting, and closing.

OnPoint describes its workplace as committed to equity and inclusion and encourages applicants with varied backgrounds and experiences to apply. The recruitment process is designed to be inclusive and accessible, and accommodations are available during the application or interview stage.

Requirements

• High school diploma.
• At least four years of real estate lending experience or at least two years of first mortgage real estate processing experience.
• Ability to be self-directed and efficient and to meet deadlines and goals.
• Detail-oriented, with strong organizational skills.
• Good verbal and written communication skills.
• Demonstrated math and accounting skills.
• Ability to handle confidential material professionally and ethically.
• Ability to adapt to change.
• Strong knowledge and thorough understanding of real estate compliance guidelines and the ability to implement them.

Nice To Haves

• Proficiency with the Encompass software system.
• One year of government mortgage experience (FHA, VA, or USDA).

Responsibilities

• Review real estate loan files within expected service-level timelines after receipt from loan officers, identify missing documentation, and collaborate with department colleagues to obtain or resolve it.
• Review and correct loan data in the LOS for accuracy and conformance with department policy.
• Manage the pipeline for assigned loans, updating information and keeping statuses current in the LOS reporting system.
• Process loans in accordance with investor and department policies.
• Follow investor and department documentation guidelines and submit files to underwriting with applicable comments and compensating factors, with minimal management oversight.
• Analyze credit reports, tax returns, verifications, appraisals, preliminary title reports, and other real estate-related documentation to determine applicability.
• Assist with developing and training staff members in processing and mentor Mortgage Processor Is.
• Process and manage an active pipeline of more than 40 loans across all loan types.
• Complete loans in less than 30 days from receipt of a full application and/or the Purchase and Sale Agreement Close of Escrow date, flexing and prioritizing as needed.
• Apply knowledge of real estate compliance guidelines.
• Recommend process improvements and workflow efficiencies to management.
• Assist Mortgage Processing Manager(s) with other assigned duties.
• Support other Processors, Underwriters, and the Closing department as an effective team member.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED