Mortgage Loan Specialist

7 days ago


Rome, New York, United States Americu Credit Union Full time
Mortgage Processor Job Description

AmeriCU Credit Union is seeking a skilled Mortgage Processor to join our team. As a Mortgage Processor, you will be responsible for ensuring the timely and accurate packaging of all loans originated by our Mortgage Sales Executives from submission of an assigned file to closing.

Key Responsibilities:

  • Ensure loans have appropriate documentation to support credit union and secondary market underwriting requirements.
  • Perform assigned tasks effectively and efficiently meeting established Service Level Agreements.
  • Support the credit union in implementing its strategic goals and objectives.

Job Requirements:

  1. Processes a variety of mortgage applications to include Conventional Purchases and Refinances, Home Equity and Construction Loans.
  2. Orders appraisal & Property searches per credit union and secondary market requirements. Runs address through USPS to validate address match to the LOS.
  3. Send attorneys new loan set ups to begin the title work.
  4. Submits initial file to underwriter to review for conditional approval or denial.
  5. Orders any required Verifications of Employment, Deposit, 4506 transcripts.
  6. Reviews all incoming documents to ensure they are complete, accurate and compliant with credit union and secondary market underwriting guidelines
  7. Monitors files in process to ensure timely processing and closing.
  8. Able to maintain active pipeline of at least 40 files either in Processing.
  9. Maintains contact with appropriate parties to verify or obtain required information, resolve outstanding issues and to keep them informed of the loan status.
  10. Provides a complete file to an underwriter to ensure that all required information was received and validated before releasing the file to close.
  11. Remains informed of all aspects of credit union, investor, mortgage insurance and compliance policies that affect the mortgage process.
  12. Informs all parties, to include internal and external, when conditions per the commitment letter have been satisfied by the borrower.

What We Offer:

  • Competitive rates on our Medical, Dental and Vision plans
  • Generous contribution to your Health Savings Account, if you choose to enroll in one of AmeriCU's High Deductible Health plans
  • Paid Holidays
  • Paid Time off
  • Employee Appreciation Events
  • 401(k) Matching after 1 year of employment
  • Employee Assistance Program
  • Tuition Reimbursement for Full-time employees after 1 year of employment
  • Life Insurance & Accidental Death & Dismemberment Insurance, free to all Full-time employees
  • Enhanced Short Term Disability - at no cost to you

Pay Range: $29.97 per hour



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