Mortgage Processor - Production

WESTconsin Credit Union Careers•Menomonie, WI

About The Position

At WEST consin Credit Union, we believe in the power of people helping people. Our mission is to give members, communities, and one another the inspiration, resources, and support to achieve financial wellness. We fulfill our mission by creating a positive impact in our members' lives by providing trusted financial services and building lasting relationships. If you're looking to work for an organization where your contributions matter, where teamwork and community are at the heart of everything we do, and where you can grow in a dynamic, supportive culture—then you're in the right place! We’re more than just a credit union; we strive to make a real difference. Ready to make an impact? Let’s grow together!

Requirements

High School diploma or equivalent required
2 years of related experience required

Responsibilities

Accurately and timely process mortgage loan files in our origination system and other outside government agencies such as: Conventional, ARM, USDA, and Grant Forms
Organize, sort, and label necessary documents within the Virtual Loan Folder and ensuring electronic consent has been accepted and required signed documents are in the file
Order third-party reports including, but not limited to: Title Insurance; Flood Determinations; IRS Tax Transcripts; Verifications of Employment, Rent, Deposit and Mortgage
Verify and document borrower’s employment stability, income adequacy, availability of funds and acceptability of property according to the investor and program guidelines
Document the file sufficiently to enable the underwriter to support loan approval and submits to underwriting
Read and understand appraisals, title commitments, credit reports, AUS findings
Review title work to ensure lien and ownership information is acceptable and any liens, judgments, etc are addressed prior to or at closing as appropriate
Obtain and review appraisal and flood certificates to ensure value and tors and updates procedures and references as needed.
Act as liaison between the mortgage lending underwriting department, mortgage loan originators, outside vendors and applicants to facilitate loan approval
Coordinate with Mortgage Loan Originator's and members to gather and clear underwriting conditions
Manage pipeline to consistently meet deadlines including purchase agreements, rate expirations, member expectations, and closing dates and times
Communicate with third parties such as title companies, employers, other financials, and insurance agents to ensure all information is provided and gathered in a timely manner
Obtain and verify all insurance such as homeowners insurance, mortgage insurance, flood insurance, etc. to ensure insurance requirements are met prior to closing
Complete loan quality cross checks and verbal verification of employment within required time frames
Issue compliant disclosures within required TRID timeframes to borrowers during the closing period; including but not limited to the initial and final closing disclosures
Prepare and coordinate all necessary documentation for loan closing.
Ensure all conditions are satisfied and the loan meets all applicable investor and regulatory requirements.
Maintain a current understanding of all policies, investor guidelines, and state and federal guidelines related to salability of the loan such as FNMA, TRID, RESPA, USDA, etc
Review files for accuracy of funding information and pushing loan from LOS to Core System for funding and assisting Mortgage Servicing in moving funded loans in the Core System where needed.