Mortgage Processor 3 - Albany, United States - Broadview FCU

Description

If you are ready to join a company that truly cares about its employees, our members, and our community then you have come to the right place

Summary of Role:
Evaluate new loan submissions to ensure compliance with federal, state, and internal guidelines.

Essential Job Functions/Responsibilities:

• Continue to complete and support all job functions of the Mortgage Experience Processor 2 role, including:
• Effectively maintain a production pipeline with the minimum performance standards established.
• Perform tasks timely and accurately with limited or no follow up required by others.
• Process all loans in accordance with Agency and Lender guidelines, including but not limited to Portfolio, Conventional and Government programs offered.
• Maintain strong accuracy record based on pre-close and post-close audit reviews.
• Determine supporting documents needed for underwriting submission that comply with the AUS feedback report and/or Agency guidelines.
• Work directly with the Loan Originator or Borrower to collect supporting documents.
• Submit fully processed files to Underwriting Team.
• Effectively communicate individual file challenges with other departments.
• Initiate contact with borrowers to review commitment letter and to secure outstanding conditions.
• Distribute approval letters to applicable parties.
• Clear approval conditions within delegated authority.
• Complete cursory review of appraisal.
• Complete cursory review of title.
• Review and submit approval conditions to Underwriter.
• Track HMDA reporting screens.
• Confirm compliance of all regulatory disclosures, including NYS disclosures.
• Complete a final review prior to pre-doc quality control audit and complete checklist.
• Uncover and recommend training needs within the processing and/o originations areas based on loan submissions reviewed.
• Recognize high performance of teammates within the processing and/or originations areas b ased on loan submissions reviewed.
• Make underwriting recommendations.
• Assist on special projects as assigned.
• Mentor the Mortgage Experience Processor II role.
• Remain current on all Investor guidelines.
• Remain current and comply with all policies, procedures, and legal regulations.
• Remain current on all federal mortgage regulations (RESPA, TILA).
• C omplete other related functions as assigned.

Minimum Job Qualifications:

• High School diploma or GED
• Minimum one (3) to (5) years of processing or related experience. Basic mortgage knowledge and/or Loan opener experience preferred.
• Proficiency in Microsoft Word and Excel; basic working knowledge of Microsoft Office Suite with the ability to learn other software applications.
• Basic knowledge of FHLMC, FNMA and Government Lending guidelines.
• Possess basic knowledge of Credit Union policies and products.
• Acute attention to detail .
• Strong oral, written and auditory communication skills .
• Strong math , problem-solving, multi-tasking , and project planning skills
• Self-motivated with strong initiative and the ability to work both independently and in a team environment

Starting compensation:
$ $24.82/hour plus a competitive benefits package.
Bilingual individuals who are fluent in a second language in addition to English are highly encouraged to apply.
We are an equal opportunity employer.

We do not discriminate on the basis of race, creed, color, national origin, religion, sex, age, veteran status, disability, genetic information, gender identity, or any other protected class.

Broadview FCU is committed to ensuring individuals with disabilities and/or those who have special needs participate in the workforce and are afforded equal opportunity to apply and compete for jobs.

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