Mortgage Processor-Baytown, Tx

Job Description

Job Description

Role:

Responsible for processing residential mortgage loan files from application through closing, ensuring accuracy, completeness, and compliance with all applicable federal, state, regulatory, and credit union guidelines. The Mortgage Processor serves as a key liaison between members, credit union staff, and third-party vendors, providing timely communication and exceptional member service. The Mortgage Processor supports the credit union's mission by facilitating efficient, compliant, and member-focused mortgage lending while maintaining high standards of quality and attention to detail.

Essential Functions & Responsibilities:

E

60%

Manages assigned mortgage loan files from application through closing in accordance with credit union policies, procedures, and regulatory requirements. Review loan applications and ensure all required documentation is complete, accurate, and properly uploaded into the loan origination system. Analyze credit income, asset, and property documentation to identify issues and fulfill underwriting requirements..

E

15%

Actively manages the loan pipeline to track milestones, deadlines, and conditions to help ensure timely closings. Proactively follow up on outstanding conditions and documentation required for underwriting and closing.

E

10%

Serves as a primary point of contact for members, loan officers, underwriters, closers, title companies, and vendors through the loan process. Order and monitor third party reports and verifications (appraisals, title work, flood certificates, credit reports, etc.).

E

10%

Responsible for compliance with all governmental regulations and Credit Union policies, procedures, and guidelines. Responsible for complying with all regulations and rules as required by NCUA.

E

5%

Performs other duties as assigned.

Performance Measurements:

1.

Processes loan files and submits them to underwriting accordingly to ensure the loan file can close

2.

Assists the mortgage team with pipeline management, third-party communications, and member assistance.

3.

Maintains a professional work environment and businesslike appearance.

4.

Stays up to date with ongoing regulations and changes in lending requirements.

5.

Meets and assists members with their mortgage and financial needs.

6.

Assists with business development activities as needed.

7.

Demonstrates an understanding of, and follows the requirements of all regulation compliance, including but not limited to those of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), Customer Identification Program (CIP) and Member Due Diligence (MDD) as it specifically relates to their job functions. Employee shall be trained annually in BSA/AML compliance.

Knowledge and Skills:

Experience

One year to three years of similar or related experience.

Education

A high school education or GED.

Interpersonal Skills

Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.

Other Skills

Must have good communication skills. Must have intiative, persuasiveness, resilience,adaptability and dependability. Must have above average PC and typing skills.

Physical Requirements

While performing the duties of this job, the employee is regularly required to use hands or fingers, handle or feel; reach with hands and arms; talk and hear. The employee frequently is required to stand, walk, and sit. Specific vision abilities required of this job include close vision and ability to adjust focus.

Work Environment

Work is performed indoors with some potential for exposure to safety and health hazards related to electronics work. May require periodic travel. There is exposure to potential hazardous conditions such as robbery. Employees are to receive detailed instructions and procedures to follow in order to minimize risk.

In accordance with the American with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

Job descriptions are not intended and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.