Mortgage Loan Processor II

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 T o 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 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 Fitness Challenges & Gym Access Onsite Wellness Programs Medical & Dependent Flex Spending Account #J-18808-Ljbffr Altura-Credit-Union