Conventional Loan Coordinator

1 month ago


Albany, New York, United States First New York Federal Credit Union Full time
Job Summary

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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