Senior Mortgage Processor

LMCU • Remote MI, MI

10d • Hybrid

About The Position

The Senior Mortgage Processor gathers, reviews, and organizes documentation needed to process complex mortgage loan applications. The role is the primary point of contact for borrowers, real estate agents, mortgage loan originators, mortgage underwriters, and other partners from origination through closing. It applies detailed knowledge of mortgage programs and agency requirements to ensure loan files are complete, accurate, and ready for underwriting and closing.

Requirements

• High school diploma or equivalent required.
• Three to five years of mortgage lending or loan processing experience or training.
• Experience processing various mortgage loan products, including escrow and adjustable-rate mortgage requirements.
• Ability to thrive in a fast-paced, deadline-driven environment.
• Intermediate proficiency with Microsoft Office applications.
• Strong computer skills, including the ability to navigate internet-based systems.
• Effective written and verbal communication skills.
• Ability to work independently while collaborating effectively with internal partners.
• Strong time-management and organizational skills, with the ability to balance changing priorities.
• Ability to perform basic mathematical calculations accurately.

Nice To Haves

• Higher education.
• Extensive experience or education in mortgage lending.
• Advanced knowledge of the AllRegs website.

Responsibilities

• Review underwriting decisions, prepare decision letters, and work with applicants to obtain additional documentation required for final approval.
• Coordinate with outside vendors to obtain appraisals and title documents within required timelines.
• Maintain communication with borrowers and internal partners throughout the loan process.
• Process complex mortgage loan applications, including conventional, government, bond and down-payment-assistance, and new-construction loans.
• Review credit reports, income documentation, and asset documentation to confirm loan files meet requirements for an underwriting decision.
• Provide clear and timely phone and email communication with borrowers and internal and external partners.
• Prepare completed loan files for submission to the Closing Department.
• Obtain homeowners insurance and payoff information, and coordinate with the Title Department and internal partners to establish closing dates.
• Comply with applicable laws and regulations, including the Bank Secrecy Act, USA PATRIOT Act, and Office of Foreign Assets Control requirements.
• Adhere to and champion the organization's core values of curious minds, collaborative hearts, and continuous excellence.

Benefits

• Weekly pay.
• Retirement savings options.
• Comprehensive health coverage, including medical with prescription coverage, dental, and vision.
• HSA match.
• Paid parental leave.
• Tuition reimbursement.

What This Job Offers

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