Spec, Mortgage Processing

BCU•Vernon Hills, IL

22h•Hybrid

About The Position

As an employer, BCU models the dynamic assets of a top workplace, including confidence in company leadership, competitive compensation and benefits, employee development, workplace flexibility, and a passionate employee culture supporting a unified vision. At the Credit Union, you'll have a career in a growing organization and an environment that supports your professional and personal growth. Our WHY is the reason we exist: To Empower People to Discover Financial Freedom. What do you celebrate as your purpose? At BCU we celebrate what makes you authentically YOU! #bYOU Watch this video to learn more about life at BCU!

Requirements

High school diploma.
Two (2) years of first mortgage processing experience.
Thorough understanding of credit and an ability to review income documentation, appraisals, and titles.
Ability to assess creditworthiness while adhering to regulatory and compliance requirements.
Good communication, organization, and problem-solving/analytical skills.
Professional, reliable and detail oriented with an appreciation for accuracy.
Team oriented yet work independently with little supervision.
Ability to meet deadlines, prioritize workload, and to perform in a fast- paced, high volume environment while exercising sound lending judgment.

Nice To Haves

FNMA/FHA/VA experience preferred.

Responsibilities

Open first mortgage loan files on Mortgage Processing system.
Maintain mortgage loan file and process file mail, indexing all documentation in electronic file cabinet.
Document mortgage loan file to meet investor guidelines. (FNMA/FHLMC/FHA/VA/USDA or others as determined)
Work efficiently to close loan files prior to lock expiration dates.
Review and clear approval conditions prior to loan closing, working with Underwriting and Los to restructure loans as needed.
Maintain a high level of member service by being proactive in communication with member, realtors, service providers, etc.
Comply with RESPA, HUD, HMDA, and all applicable mortgage regulations.
Successfully complete all required registrations and certifications as needed.