(FT) Mortgage Loan Processor

1 week ago


Oklahoma City, United States Allegiance Credit Union Full time
***A completed application is required for consideration of employment.***

Full-Time Mortgage Loan Processor

Monday - Friday 8:00 a.m. - 5:00 p.m.

**This is an On-Site role**

Role:

Toprovide support to essential areas of the mortgage department and to helpprovide and execute excellent member service. Responsible for assisting andsupporting Mortgage Loan Officers throughout the loan origination andprocessing phase. Organization, attention to detail, and an ability to meetdeadlines in a fast-paced environment are crucial for success in this position.To ensure loans follow all applicable mortgage lending regulations andguidelines. Attendance is an essential function of performing the duties ofthis job.

EssentialFunctions & Responsibilities:

30% - Reviews mortgage loanapplication files to verify application data is complete and assist inobtaining needed information from the borrower and third parties; including orderingof appraisals, flood certificates, payoffs, PMI certificates, title work,loss-payee, etc. Ensures all entries, calculations, documents and dates enteredinto the LOS are compliant under TRID. Ensure loan files are prepared and sentto final underwriting in an accurate and timely manner to meet closing datedeadlines.

30% - Works closely withMortgage Loan Officers and is responsible for all assigned files in theprocessing pipeline. Assist MLO with early disclosures, gathering, reviewingand uploading of all necessary borrower documentation into the LOS. Answermember questions throughout their loan process and assist the MLO in weeklyloan updates to borrowers.

25% - Completes funding ofclosed Mortgage and Consumer loans in accordance with ACU policy, to includebut not limited to scanning packets, distributes proceeds via cashier's check,wire, or internal transfers to GL's and creditors. Submits investor loans forpurchasing prior to lock expiration date. Clears all purchasing conditions.Follows up and ensures all secondary market outstanding trailing documents aredelivered.

10% - Back-up and assist theMortgage Closer with balances closing disclosures for loan closings incompliance with ACU, investor, and regulatory guidelines and close portfolioloans at ACU.

5% - Performs other jobrelated duties as assigned.

ALLEGIANCE CREDIT UNION is an EEO employer - M/F/Vets/Disabled

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