Mortgage Processor

Polish & Slavic Federal Credit Union is committed to supporting our employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that includes: Medical, Vision and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as, a Birthday Day off.

Core Responsibilities:

• Comply with the registration requirements of the National Mortgage Licensing System, acquire and maintain NMLS Mortgage Loan Originator Registration
• Review assigned residential loan application, when received from the originating branch, to verify application data. Enter/update data into LOS.
• Complete and submit income, deposit and loan verifications when necessary, follow-up to ensure prompt return of same. Upon return of said documents, update LOS if necessary.
• Review tri-merged credit report for any perceived irregularities and/or reported information if deemed necessary advise the member and request explanation.
• Obtain flood plain determination, letters/reports, appraisals, certification forms and other appropriate documents. Review documents received and inform underwriter of any information which would have a bearing on approval and/or timely closing of the loan.
• Ensure that all HMDA information is correctly entered into the LOS.
• Upon entering data into LOS, submit file to underwriter.
• Once file is returned to processor, proceed as instructed by the underwriter.
• Prepare and send commitment or denial letter to applicant(s).
• Prepare and send commitment package to PSFCU attorney
• Submit file to closing coordinator/specialist for preparation of closing.
• Communicate with private mortgage insurance companies, if applicable
• Ensure prompt and courteous response to customer inquiries.
• Keep abreast with all PSFCU lending Policies and Procedures
• Improve work performance through self-education
• During the time of lighter workload, employee may be required to temporarily help in the other Lending Department
• Any other duties or responsibilities, as required or assigned.

Requirements:

• High school diploma or equivalent, college degree preferred.
• One to three years of experience in a financial institution.
• Basic knowledge of computer software programs.
• Ability to work with mathematical concepts accurately and effectively.
• English/Polish bilingual required

Pay: $20.00 - $27.03 per hour

AN EQUAL OPPORTUNITY EMPLOYER

Education

• High School or better

Equal Opportunity Employer
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