Current jobs related to Mortgage Processor-Hybrid - Lowell - Align Credit Union

Role:

To receive and process all mortgage applications for underwriting approval while maintaining accuracy and efficiency, as well as knowledge of secondary guidelines at all times.

Essential Functions & Responsibilities:

Reviews file documentation for completeness and consistency with original information as indicated on initial loan application. Assembles, collates and maintains documentation in proper processing order.

Reviews loan applications for qualifications consistent with appropriate Align policy, procedures and guidelines. Recommend approvals or rejections for loan applications and or requests additional information.

Prepares all applicable file documentation, including mailing regulatory disclosures and ordering preliminary title reports, appraisals and flood certifications. Reviews credit reports and verify income, assets other documentation as required.

Communicate loan processing information to Home Financing Consultants, Underwriters and Closers.

Validates loans using Desktop Underwriting (DU) requests documentation as DU dictates; verifies and validates input data.

Prepares loans for final underwriting approval and satisfies underwriting conditions in a timely manner. Secures supervisor or managers approval if required. Maintains a weekly status report on all files.

Answers members' questions and obtain information and signatures on authorization forms. Performs follow up on pending loan applications such as call members or other persons to obtain needed information, resolve discrepancies, update member on all application process and timing, etc.

This position is hybrid and requires 1-2 days per week in-office.