Conventional Loan Coordinator
1 month ago
We are seeking a highly skilled Conventional Loan Coordinator to join our team at First New York Federal Credit Union. As a key member of our lending team, you will play a pivotal role in coordinating residential files from application to post-closing.
Your primary responsibilities will include:
- Working closely with the Mortgage team and the Mortgage Loan Originator to determine what information is outstanding and following up on these items in a timely manner.
- Reviewing residential loan application files to verify that application data is complete and meets establishment standards.
- Maintaining the outstanding mortgage pipeline and ensuring loan files move forward accurately and with urgency.
- Informing supervisors of discrepancies in loan documentation, title, or survey.
- Ensuring exceptional member service by maintaining thorough communication with members, attorneys, realtors, appraisers, and vendors throughout the mortgage event.
- Possessing knowledge of lending programs, policies, procedures, and regulatory requirements, demonstrating a commitment to professional ethics and complying with all Federal and State compliance policies.
Requirements:
- High school diploma and two plus years of conventional mortgage experience; preferably in a processing role.
- Excellent computer skills with a strong working knowledge of Microsoft Excel and other programs.
- Prior experience in Encompass preferred.
- Possesses critical thinking skills and applies learned lending principles according to the unique needs of each member and their risk profile.
- Credit skills, interpersonal skills, and ability to communicate clearly while handling multiple priorities.
- Proficient in conducting credit analysis, including cash flow, credit reporting, and credit investigation.
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Mortgage Loan Processor
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Mortgage Loan Processor
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Commercial Lending Coordinator
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