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Mortgage Loan Processor
Location:
Boston, MA
Description:
Primary Function: Under the supervision of the Department Manager, provides a superior level of member service through member contact and support. Processes real estate loans in a timely and accurate basis and provides a consistently high level of quality service to members and potential members in the lending process. Prepares, analyzes, processes, and documents all required forms and documentation for real estate loan products. Provides member and departmental support for all aspects of mortgage loan processing within the Credit Union. Handles all member transactions with complete discretion and confidentiality. Essential Duties and Responsibilities: Coordinates with real estate loan applicants in person, by phone, and/or electronically and assists member in providing information, answering questions, and completing loan application. Ensures that all members and potential members feel welcomed to the Credit Union and are supported professionally in the process. Receives and processes all required information and documentation to secure a mortgage loan. Reviews initial credit information using knowledge of DU, LP, or similar automated underwriting platforms. Answers questions for members throughout the process. Explains the loan process to include loan options, insurance required on credit union loan products, loan policies, interest rates, payoffs, etc. Verifies contents and completion of loan folders and inputs on the computer system. Interacts with attorneys in preparing closing documents. Maintains a filing system and procedures to monitor that the required documentation is received in a timely manner and maintained appropriately and according to policies and procedures. Closes approved mortgage loans; completes all necessary loan documents to close the file; and prepares payroll designation and all other related documents to bring to completion. Processes daily mail payments for mortgage and consumer loans, when assigned. Informs members of credit union products and services, explaining features and benefits; and cross-sells products and services when appropriate and within scope of responsibility. Functions as needed to positions within the Loan Origination/Servicing Department as required. Backups other positions within the Consumer/Loan Origination Department a required Cross-train in all areas of the Consumer/Loan Origination Department Process new mortgage set up on the Episys/Core Data System. Attends training sessions upon request. Adheres to the anti-money laundering policy and the Bank Secrecy laws. Assumes other duties as new products, services, or technology are introduced. Note: The above is a description of the ordinary and essential duties of the position. Other duties both related and unrelated to the above may be assigned and therefore required. Knowledge, Skills, and Experience Required: Professional and pleasant interpersonal and communication skills are essential for servicing Credit Union members and projecting a positive image as representative for the Credit Union. Position requires general knowledge of all Credit union products and services and specific knowledge of the mortgage lending policies and procedures well as credit procedures. Requires education equivalent to a four-year high school education. Additional coursework in mortgage products is preferred. Proficiency with computer software applications including Word and system applications is required. Position requires three years of experience in lending department of a bank, credit union; or a mortgage company with more specialized experience in mortgage processing along with knowledge of DU, LP, or similar automated underwriting platforms. Position requires the ability to read and interpret documents such as government regulations, operating instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to effectively communicate with members, employees, attorneys, and vendors. Ability to solve practical problems and deal with a variety of variables in situations where standardization exists. Intermediate mathematical skill required (adding, subtracting, multiplying, dividing, percentages, interest) are required. Disclaimer: The above information on this position has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Job Posted by ApplicantPro
Company:
Mass Bay Credit Union
Posted:
January 25 on ApplicantList
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More About this Listing: Mortgage Loan Processor
Mortgage Loan Processor is a Accounting & Finance Loan Processor Job at Mass Bay Credit Union located in Boston MA. Find other listings like Mortgage Loan Processor by searching Oodle for Accounting & Finance Loan Processor Jobs.
Mortgage Loan Processor is a Accounting & Finance Loan Processor Job at Mass Bay Credit Union located in Boston MA. Find other listings like Mortgage Loan Processor by searching Oodle for Accounting & Finance Loan Processor Jobs.