Mortgage Loan Underwriter
Crane Credit Union
Mortgage Loan Underwriter# Mortgage Loan UnderwriterWest Gate (Corporate) - Odon, IN 47562## OverviewSalary Range$22.27 - $33.41 HourlyPosition TypeFull TimeJob ShiftDay## Description* To assist members with their mortgage lending needs: analyze loan requests, generate necessary paperwork, insure loans are in compliance with applicable financial regulations and make credit decisions based on mortgage lending policy.* Periodically assists members with other consumer lending needs in accordance with their limits of authority**.****Essential Functions & Responsibilities:*** Reviews and evaluates mortgage applications to determine if borrower, property, and loan conditions meet credit union and regulatory standards; processes, issues disclosures, and approves, rejects or requests additional information on loan applications; establishes terms and conditions of an approved loan and reviews with member; prepares documents for closing; travels to branches as needed for closings.* Assembles and organizes documents in loan file; assists with title and insurance tracking; ensures mortgage is properly recorded; prepares final loan file for auditing.* Ensures all operations for mortgage and other assigned loan products are in compliance with governing regulations; requires maintaining and updating knowledge of financial and mortgage regulations, HMDA, fair lending rules and secondary market.* Maintains mortgage license in compliance with the SAFE Act.* Keeps informed of current trends in mortgage lending and market factors affecting mortgage lending; stays informed of market trends for assigned consumer loan products.* Works with credit union vendors and third parties; appraisers, real estate agents, title companies, other financial institutions, and insruance companies.* Administers existing loan programs; audits mortgage loans to ensure complete, accurate and compliant loan files.* Reviews all title information for discrepancies and to ensure the credit union's lien position.* Assist members with credit counseling; offering information, options and resources to members as needed or requested by members or management.* Has a general working knowledge and annual training of BSA/AML. #J-18808-Ljbffr Crane Credit Union
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