Mortgage Processor-BIL SPN-Baytown, Tx
About The Position
Responsible for processing residential mortgage loan files from application through closing, ensuring accuracy, completeness, and compliance with all applicable federal, state, regulatory, and credit union guidelines. The Mortgage Processor serves as a key liaison between members, credit union staff, and third-party vendors, providing timely communication and exceptional member service. The Mortgage Processor supports the credit union's mission by facilitating efficient, compliant, and member-focused mortgage lending while maintaining high standards of quality and attention to detail.
Requirements
- One year to three years of similar or related experience.
- A high school education or GED.
- Good communication skills.
- Initiative, persuasiveness, resilience, adaptability and dependability.
- Above average PC and typing skills.
- Regularly required to use hands or fingers, handle or feel; reach with hands and arms; talk and hear.
- Frequently required to stand, walk, and sit.
- Specific vision abilities required of this job include close vision and ability to adjust focus.
- Demonstrates an understanding of, and follows the requirements of all regulation compliance, including but not limited to those of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), Customer Identification Program (CIP) and Member Due Diligence (MDD) as it specifically relates to their job functions.
- Employee shall be trained annually in BSA/AML compliance.
Nice To Haves
- Processes loan files and submits them to underwriting accordingly to ensure the loan file can close
- Assists the mortgage team with pipeline management, third-party communications, and member assistance.
- Maintains a professional work environment and businesslike appearance.
- Stays up to date with ongoing regulations and changes in lending requirements.
- Meets and assists members with their mortgage and financial needs.
- Assists with business development activities as needed.
Responsibilities
- Manages assigned mortgage loan files from application through closing in accordance with credit union policies, procedures, and regulatory requirements.
- Review loan applications and ensure all required documentation is complete, accurate, and properly uploaded into the loan origination system.
- Analyze credit income, asset, and property documentation to identify issues and fulfill underwriting requirements.
- Actively manages the loan pipeline to track milestones, deadlines, and conditions to help ensure timely closings.
- Proactively follow up on outstanding conditions and documentation required for underwriting and closing.
- Serves as a primary point of contact for members, loan officers, underwriters, closers, title companies, and vendors through the loan process.
- Order and monitor third party reports and verifications (appraisals, title work, flood certificates, credit reports, etc.).
- Responsible for compliance with all governmental regulations and Credit Union policies, procedures, and guidelines.
- Responsible for complying with all regulations and rules as required by NCUA.
- Performs other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
