Loan Processor II

Addition Financial Job Opportunity

We are Addition Financial, a member-owned, not-for-profit financial cooperative, offering comprehensive financial solutions that help members achieve their financial goals. Since 1937, we have been on a mission to bring financial success and education to everyone and make a positive impact on the lives of our members and the communities we serve. And we want your help to make that happen. We are looking for team members who not only want to do meaningful, challenging work, but who also have a heart for service. If this sounds like you, keep reading and we'll dive into the specifics!

Essential Duties & Responsibilities

Process loan files in accordance with established credit union policies, investor guidelines, and regulatory procedures. Analyze and calculate borrower income to determine loan eligibility and support underwriting decisions. Order and track third-party services, including appraisals, title work, verifications, and flood certifications. Access and utilize the credit union's core system to retrieve member account data, profiles, and support documentation. Maintain accurate records, update loan status, and ensure documentation is complete and compliant. Collaborate with underwriters, loan officers, and other internal teams to ensure timely processing and pipeline management. Participate in department projects and perform other duties as assigned.

Requirements

Education:

• High School diploma or equivalent
• Associate Business Degree Preferred

Experience:

• One to two years of mortgage experience preferred

Any applicable system/program knowledge:

• Open close LOS, FICS, Symitar.

Additional Requirements:

Proficiency in Microsoft Office applications (Excel, Word, Outlook) and Adobe Acrobat or similar document tools. Proficiency with virtual meeting platforms (e.g., Microsoft Teams, Zoom, GoToMeeting) and strong general technical aptitude. Strong understanding of and adherence to state and federal lending regulations, as well as secondary market and investor guidelines.

Other Characteristics of the Position:

Physical Demands:

• Sitting for long periods at a time.
• Regularly required to talk or listen.
• Occasional lifting of office supplies up to 20 lbs.
• Vision abilities including close vision and ability to adjust focus.

Mental Demands:

• Must understand and follow a set of clear oral and/or written procedures without deviation.
• Performs repetitive routine tasks.
• Withstand moderate amounts of stress.
• Must adhere to a provided work schedule to meet a set of qualitative production standards.
• Perform tasks that vary little from day to day.
• Implements others' decisions/procedures with little judgment required.
• Must relay information orally.

Working With Us:

We're continually recognized as a top employer because we understand people like you want more out of your career. Like making a difference in people's lives and in the community. Being part of a team that supports each other. Feeling good about the time you spend at work each day. And being able to balance your life while also earning a competitive base salary and benefits, including:

• 401k with profit sharing contribution
• Comprehensive medical, dental and vision coverage from leading insurance providers
• Continuing education and up to $5,000 in tuition assistance annually
• Generous vacation and sick pay
• Paid parental leave and volunteer time off
• Major holidays off including Federal holidays that many other industries don't observe
• Credit union benefits including reduced consumer/mortgage loan rates, free checks, and other financial services discounts

At Addition Financial, we accept you for who you are. We are an equal opportunity employer and do not discriminate based on race, color, creed, religion, national origin, sex, marital status, age, protected veteran status, or disability/handicap with regards to recruitment, selection, placement, promotion, wages, benefits, and any other areas of employment. Personal perspectives and beliefs are what help our team members, and our company grow, and we seek to nurture that inclusiveness. We welcome our team members' diverse viewpoints and work together so that everyone's voices are heard. So, if you are ready to take your career to the next level, Count Us In.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.