Real Estate Lending (Mortgage) Processor II

Michigan Schools and Government Credit Union•Troy, MI

6h•Hybrid

About The Position

Performs a broad range of real estate processing activities, including receiving, evaluating, and reviewing loan applications. Obtains and verifies necessary information, prepares documents for underwriting and closing review, and communicates loan status to all involved parties. This role requires a passion for helping people and providing exceptional and dependable service.

Requirements

High school diploma or GED
2 years of mortgage processing experience; or 3 years of relevant real estate lending experience.
Uses effective listening skills to gain insight into the needs of members in order to ensure an efficient real estate lending experience.
Takes on new opportunities and tough challenges with a sense of urgency and enthusiasm.
Possesses strong organizational skills and the ability to prioritize multiple responsibilities simultaneously in a fast-paced environment.
Effectively communicates the real estate loan process to audiences with different needs and abilities.
Builds relationships and gains the confidence of others by modeling honesty, integrity, authenticity, and behaviors that align with organizational values.
Exemplifies courage by stepping up to address difficult issues.
Actively seeks new ways to grow and be challenged using formal and informal development channels.

Nice To Haves

Federal Housing Administration (FHA) lending experience
Encompass experience

Responsibilities

Verifies loan applications for accuracy, completeness, and compliance.
Ensures all necessary documents (asset documentation, income verification, property valuation, and credit reports) are submitted.
Reviews third-party documents including, title reports, appraisals, purchase agreements, condo documents, surveys, flood certifications, and homeowners insurance.
Follows up with vendors and members to ensure documents are obtained and reviewed in a timely manner.
Prepares member specific disclosures in compliance with federal laws and regulations, including Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (TRID).
Maintains accurate records for Home Mortgage Disclosure Act (HMDA) reporting and ensures all documentation meets regulatory requirements.
Submits applications to underwriting and coordinates with consultants to ensure conditions are resolved.
Schedules and coordinates closings with members, title companies, and realtor after receiving final approval.
Serves as a point of contact for members, team members, and vendors throughout the loan process.
Manages a pipeline of home equity and mortgage loans to ensure timely progression and a seamless member experience.
Maintains accurate, up-to-date notes within loan files to ensure effective communication and keep members informed of their loan status throughout the process.

Benefits

Generous vacation time
Retirement plan contributions
Discounts on loans
Discounts on phone service
Medical, dental and vision on your first day
Health Savings Account (HSA)-eligible medical plan with no monthly premium for you (and your family)
3% contribution from MSGCU to 401(k) for those at least 21 years old
100% match for the next 7% contributed to 401(k) for those at least 21 years old
12 paid holidays
Up to 120 hours of PTO your first year of service (pro-rated based on start date)