Secondary Market Mortgage Processor (Hybrid, Maryland)
About The Position
Responsible for the timely, accurate and compliant processing of first mortgage and equity loans products while serving as a senior-level resource within the Mortgage Department. Provides advanced support throughout the mortgage origination process and ensures the delivery of complete, high quality loan packages to underwriting and secondary market investors. Exercises independent judgment in reviewing loan files, resolving complex documentation and underwriting issues, and ensuring compliance with Credit Union policies, investor requirements, and all applicable Federal, State, NCUA, and regulatory policies. Must have flexibility to work extended hours and to travel periodically, which may include weekends and evenings.
Requirements
- High school diploma required.
- Minimum of five years of progressively responsible mortgage processing, underwriting, or mortgage operations experience.
- Advanced experience with conventional, government, portfolio, and equity loan products.
- Demonstrated experience working with secondary market investors, investor delivery requirements, mortgage insurance providers, and agency guidelines including Fannie Mae, Freddie Mac, FHA, USDA, VA, and other third-party investors.
- Advanced knowledge of mortgage lending regulations including TRID, RESPA, HMDA, ECOA and other applicable compliance requirements.
- Ability to function independently while exercising sound judgment of lending policies and procedures.
- Ability to function in a financial institution and utilize standard office equipment including but not limited to: 10 key calculator, fax, copier, telephone, etc.
- Mathematical skills involving decimals, percentages and fractions etc. required.
- Must be able to be registered as a Mortgage Loan Originator.
- Nationwide Mortgage Licensing System and Registry (NMLS) registration under the SAFE Act of 2008.
Nice To Haves
- Associate's or Bachelor's degree in business, finance, or related field preferred, or equivalent work experience.
- Experience with direct customer service in a financial institution preferred.
- Ability to speak and understand multiple languages a plus.
Responsibilities
- Timely, accurate, and compliant processing of first mortgage and equity loans products.
- Serve as a senior-level resource within the Mortgage Department.
- Provide advanced support throughout the mortgage origination process.
- Ensure the delivery of complete, high quality loan packages to underwriting and secondary market investors.
- Exercise independent judgment in reviewing loan files.
- Resolve complex documentation and underwriting issues.
- Ensure compliance with Credit Union policies, investor requirements, and all applicable Federal, State, NCUA, and regulatory policies.
- Manage multiple pipelines simultaneously.
- Respond to changing deadlines and priorities.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
