What are the responsibilities and job description for the Mortgage Loan Processor position at Coastal Credit Union?
Job Title: Mortgage Loan Processor
Position Location: Raleigh, NC. Hybrid Position, must live locally.
Job Summary:
The Mortgage Loan Processor manages loan files from application to closing. The role is the primary liaison between borrower(s), loan officers, underwriters, and other parties to facilitate loan closing. The processor collects and verifies documentation required to clear the loan with underwriting for closing.
As a key contributor to the Coastal team, your responsibilities will be:
- (30%) Pipeline Management: Monitor loan status and deadlines. Track key milestones to ensure all tasks are completed on time to prevent closing delays.
- (30%) CommunicationCoordination: Serve as the main point of contact for loan officers, underwriters, closers, closing agents, and third-party vendors. Provide timely updates to all parties regarding loan status and outstanding conditions.
- (20%) Funding Authorization: Review executed closing package and closing conditions for accuracy before providing funding authorization to the closing agent.
- (25%) Underwriting SupportCondition Clearing: Gather and review underwriting conditions for accuracy and completion, submit conditions to underwriting for final review and clearance.
- (15%) ComplianceQuality Control: Ensure all loans comply with federal, state, and Coastal guidelines. (TRID, RESPA, HMDA) Monitor and maintain redisclosures and initial closing disclosure request.
Interested? Here are the qualifications we need to see on your resume:
Experience:
Five years of mortgage loan processing with all loan types- -FHA, VA, USDA, and conventional
- Experience with compliance regulations and documentation guidelines
Education:
- High school diploma or equivalent
Essential cognitive/physical/social requirements of position:
Must be able to learn and retain information; resolve problems and think sequentially; remain in a stationary position; constantly operate a computer; and converse with others on a continual basis
For consideration visit https://coastal24.applicantpool.com/jobs/ . You can also scroll back up to the top of this page to the "Apply Now" section.
Deadline for Application: All resumes must be received on or before 4/20/2026
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
Coastal Federal Credit Union is committed to providing reasonable accommodations to applicants who may have disabilities. If you need special assistance or an accommodation in applying for employment, please contact our HR department at jkedra@coastal24.com. Request for reasonable accommodation will be considered on a case by case basis.
"It's our duty to create a workplace and company culture where everyone feels heard and valued, and is appreciated for their unique backgrounds, experiences, and perspectives. At the end of the day, what truly matters is that every person who walks through our doors believes that they are an integral part of our team and can bring their best, true self to work each day. Building a culture of inclusivity means creating an environment where everyone thrives and succeeds together."
- Tyler Grodi, CEO
VEVRAA Federal Contractor
Equal Opportunity/Affirmative Action Employer
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