Loan Processor - Home Loans

We are seeking a Loan Processor for the Home Loans Processing Department.

The primary role of the Processor is to facilitate the progression of the loan process from Prequalification through Closing.

This will involve extensive member interaction through telephone calls and emails communicating loan status and following up on outstanding conditions.

In addition, they will be completing internal processing requirements with third-party vendors for income, assets, flood, tax transcripts, and collateral evaluation.

They will also monitor rate locks, process initial loan fees, and update credit reports.

All documentation will be reviewed by the Processor to ensure compliance with Fannie Mae (FNMA) and Credit Human Home Loans Underwriting guidelines.

If you have sales and loan processing experience, you should apply right away!

Highlights:


* Review new perspectives and completed applications to determine preliminary and underwriting conditions needed to be completed to advance the loan to the next stage


* Contact member for initial introduction and begin requesting items needed, all communication (telephone, email) documented in the conversation log


* Process home loan products consistent with established FNMA, Private Mortgage Insurance, and internal Credit Human guidelines as well as meeting all regulatory requirements including NCUA and CFPB


* Verify the accuracy of all information provided by borrowers at the time of loan application including income, assets, employment, liabilities, and residency


* Understand Credit Human’s front-end processing systems and the integration of data to maintain and develop a solid production pipeline

Experience:

    Required


* 1 year of experience in sales and/or processing (residential loan lending)


* General knowledge of mortgages


* Knowledge of credit and collateral underwriting guidelines and rules and regulations governed by state and federal agencies

    Preferred


* Extensive mortgage knowledge


* Mortgage processing experience including conventional underwriting


* Fannie Mae processing experience


* Knowledgeable in real estate origination, processing, underwriting


* Working knowledge of Fannie Mae Guidelines, DU® guidelines, and risk assessment tools used to decide mortgage loans

Education:

    Required


* High school diploma or equivalent

    Preferred


* Bachelor’s degree in business or related field preferred

Licenses & Certifications:

    Required


* Registration as Mortgage Loan Originator (MLO) with National Mortgage Licensing System and Registry

    Preferred


* NMLS registered

Skills & Knowledge:

    Required


* Proficient in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook)


* Time management skills and reliability - arrive on time to work and meetings complete tasks and assignments with the ability to plan, prioritize, and self-manage


* Ability to use sound ...