Mortgage Loan Processor II

Mortgage Loan Processor

Hybrid position that assists in the fulfillment of member home loan requests through the timely ordering, receipt, and completion of required documentation. Obtains and reviews necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Works with members, real estate agents, and third-party real estate vendors to obtain and verify the accuracy of all information required to submit loan applications for decision-making. Recommends loans for approval to the Underwriting team.

Essential Duties and Responsibilities

Processes Conventional, FHA, VA, Jumbo, Second Mortgage Loans by reviewing loan packages and determining what further documentation will be required, adhering to Altura's and Investors' documentation requirements.

Provide high quality service by communicating clearly and effectively with borrowers, internal counterparts, and various third parties during the loan transactions.

Package, gather conditions and submit loan files to underwriters and/or external investors.

Responds to member inquiries; answer questions, resolve problems and provide solutions.

Must have the ability to perform under strict deadlines and other time constraints.

Understands and complies with all real estate Lending Federal and State Regulations.

Education, Experience and Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

High school diploma or its equivalent is required.

Minimum of four (4) years current Processing and loan set up experience in any combination of Conventional, FHA, VA, Jumbo and Second Mortgage loan products.

Understands and complies with all Real Estate Lending Federal and State Regulations.

Provide high quality service by communicating clearly and effectively with borrowers, internal counterparts, and various third parties during the loan transaction.

Reports to work on time, takes required breaks, and works for the full amount of time scheduled before leaving, or notifies the supervisor if any deviation from these responsibilities is necessary.

Processes Conventional, FHA, VA and Jumbo Mortgage Loans by reviewing loan packages and determining what further documentation will be required, adhering to Altura's documentation requirements.

Why Altura?

Work-Life Balance

Vacation (10+ or Minimum Days)

Sick (8 Days)

Holidays (11 Days & 1/2 Day Christmas Eve)

Birthday & Anniversary Day Off

Specialized Paid Time Off (Jury Duty, Bereavement, etc.)

Community Volunteer Events

Social Events & Outings

Event & Venue Discounts

Wealth Incentives

Competitive Pay

Stakeholders

401k Dollar-for-Dollar Match up to 6% (after one year of service)

Business Attire Allowance

Annual Performance Review & Increase

Wellness Incentive

Tuition Reimbursement

Awards, Recognitions & Incentives

Free Checking & Savings Accounts

Discounted Employee Loan Rates

Health and Wellness

Kaiser and Cigna Medical & Prescription Plans

Dental & Vision

Fitness Challenges & Gym Access

Onsite Wellness Programs

Medical & Dependent Flex Spending Account

Life & A&D Insurance

Employee Assistance Program

Pet Insurance