Sr. Loan Processor

Travis Credit Union • Vacaville, CA

4d • $31 - $41

About The Position

Travis Credit Union’s (TCU) Loan Processors support the role of the Mortgage Underwriter. This role assembles, administers, and processes conventional, FHA, VA, and second mortgage loan applications. The Loan Processor ensures all services have been ordered properly and all required documentation has been collected and reviewed per TCU guidelines. They Review files for adherence to regulatory compliance, TCU and investor guidelines, and VA and FHA guidelines.

Requirements

• Solid understanding of TRID-RESPA and Predatory Lending.
• Detail-oriented with strong time management and professional interpersonal skills.
• Produces highly accurate work with attention to detail in a high pressure, fast paced environment.
• Ability to multi-task, self-direct, and use independent judgment while taking acceptable levels of risk to complete assigned tasks within strict timeframes.
• Ability to adapt, learn, utilize multiple software programs in a paperless environment.
• Sound understanding of credit union products and services.
• Strong verbal and written communication skills.
• Proficient in MS Office products (Word, Excel, Outlook).
• High School Diploma or equivalent and a minimum of 4 years of related experience.
• Understands the requirements of the Bank Secrecy Act and ensures compliance through monitoring and reporting of member activity as appropriate.

Responsibilities

• Processes loan files compliant with TCU policy and procedures.
• Maintains working knowledge of TCU policies and procedures, Fannie Mae, Freddie Mac, VA, and FHA guidelines, and regulatory compliance for residential mortgage loans.
• Analyzes and calculates income documentation, including wages, self-employment and rental income.
• Gathers all necessary documentation and performs an evaluation to ensure approval conditions are satisfied.
• Exercises good judgment, conducts reasonableness tests and issues quality decisions.
• Prepares and submits complete quality loan files for final approval and closing.
• Communicates regularly with members, sales team, underwriters, and closers.

Benefits

• Competitive medical, dental, and vision insurance
• Mental health and wellness programs
• Employee performance incentive plan
• Merit-based salary increases
• 401(k) program with immediately vested employer match
• Generous holiday and vacation policies
• Exclusive TCU perks such as employee loan and credit card discounts

What This Job Offers

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