Secondary Market Mortgage Processor (Hybrid, Maryland)

Educational Systems Federal Credit Union • Greenbelt, MD

2d • Hybrid

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.
• Proven ability to manage multiple pipelines simultaneously and respond to changing deadlines and priorities.
• 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.
• Nationwide Mortgage Licensing System and Registry (NMLS) registration under the SAFE Act of 2008.
• Must be able to be registered as a Mortgage Loan Originator.

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.

What This Job Offers

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