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Mortgage loan processor
$38k-49k (estimate)
Full Time | Banking 1 Day Ago
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FIRSTLIGHT FEDERAL CREDIT UNION is Hiring a Mortgage loan processor Near El Paso, TX

Job Details

Level

Experienced

Job Location

Administration Building - El Paso, TX

Position Type

Full Time

Education Level

2 Year Degree

Salary Range

$20.78 - $25.97 Hourly

Job Shift

Job Category

Real Estate

Job Description

Ensures that all required documentation / disclosures have been or are properly requested pursuant to FLFCU procedures, investor, State and Federal regulatory requirements.

Obtains proof of insurance as required on mortgage loans. Obtains and verifies all necessary information and prepares documents for final underwriting and closing review.

Arranges flood zone certification as required. Communicates appropriate information to the appropriate parties. Assists or refers members as necessary.

Responsible for providing administrative support for mortgage loan closing activities. Reviews closing documents and reports, schedules closing appointments with title companies, and assists members with questions.

Ensures pre-closing and closing documents are complete. Facilitates loan funding and ensures executed loans are transferred to the loan servicing area.

Provides support to mortgage operations personnel and distributes loan files to related departments within the credit union.

Job Qualifications

EDUCATION / CERTIFICATION :

2 years of college or equivalent years of experience.

Preferred - Bachelor's degree related in business or finance.

All FLFCU employees who act as a Processor are required to register with the NMLS or be registered on behalf of FLFCU, obtain a unique identifier, and maintain their registration current in accordance with the SAFE Act and FLFCU Policy.

Registration must be attained within thirty (30) days of hire and maintained annually thereafter.

FLFCU Annual Processor Recertification is required.

EXPERIENCE REQUIRED : One (1) years of mortgage processing experience.

Last updated : 2024-07-01

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$38k-49k (estimate)

POST DATE

07/03/2024

EXPIRATION DATE

09/25/2024

WEBSITE

firstlightfcu.org

HEADQUARTERS

EL PASO, TX

SIZE

200 - 500

FOUNDED

1955

CEO

KARL MURPHY

REVENUE

$10M - $50M

INDUSTRY

Banking

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About FIRSTLIGHT FEDERAL CREDIT UNION

FirstLight Federal Credit Union is happy to be a part of LinkedIn and look forward to sharing our member-centric stories, employee highlights, and even open positions to go-getter candidates. Serving the El Paso, Ft. Bliss, and Las Cruces communities in Texas and New Mexico, our hard-charging cooperative has a simple purpose Improve lives. Achieve dreams.and our growing financial institution has been doing this for 65 years! With over $1.2 billion in assets, our 360+ employees are big believers in our mission, our vision, and our core values. Do we work hard? Absolutely! Investing in people an...d technology to better serve our two-state membership of over 100,000 through our digital services i.e. online and mobile banking platforms and Live Video Banking to name a few. We also have contactless pay as you go debit cards to link to your FitBit and other wearables. And oh yea, we love building relationships with local businesses, school districts, and universities too. In fact, the Credit Union is now offering an affinity card with New Mexico State University (Go Aggies!), and will be opening a satellite, self-service technology office at Texas Tech Universitys new satellite Medical School here in El Paso in the fall of 2020. Our diverse team is a part of the respective communities we serveoutside of holding leadership positions with not-for-profits like the YMCA, the Sun Bowl Association, and Childrens Miracle Networkwe actively participate in the community through special events and fundraisers with the Great Khalid Foundations Back to School Drive or food drives to support the El Pasoans Fighting Hunger Food Bank--to ensure we walk-the walk and are an above-board corporate neighbor. More
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The job skills required for Mortgage loan processor include Mortgage Loans, Underwriting, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage loan processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage loan processor. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Mortgage loan processor positions, which can be used as a reference in future career path planning. As a Mortgage loan processor, it can be promoted into senior positions as a Loan Processor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage loan processor. You can explore the career advancement for a Mortgage loan processor below and select your interested title to get hiring information.

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If you are interested in becoming a Mortgage Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Processor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Mortgage Loan Processor job description and responsibilities

Loan processors must communicate regularly with loan officers and lenders to complete the loan process.

01/24/2022: Jacksonville, FL

Manages an active pipeline of loans (average of 15-20 loans monthly) and maintains timely and compliant flow of such loans through the process.

03/09/2022: Sarasota, FL

The Loan processor also helps to ensure that the loan approval stays within lending guidelines.

02/19/2022: San Bernardino, CA

Loan processors should be able to make right decisions at the right time.

03/30/2022: Springfield, MO

Responsible for providing clerical support for all mortgage loan processing activities.

04/03/2022: Worcester, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Mortgage Loan Processor jobs

Communicate with lenders regarding required loan documentation for complete file documentation.

01/24/2022: Rock Island, IL

Must have at least one year of loan processing experience.

03/14/2022: Saginaw, MI

Proficient knowledge of lending processes, loan principles, loan systems.

03/10/2022: San Bernardino, CA

Advanced knowledge of mortgage lending, processing, credit analysis, mortgage laws and regulations.

03/28/2022: Reno, NV

A comprehensive certification training program for new & existing loan processors.

02/20/2022: Rock Island, IL

Step 3: View the best colleges and universities for Mortgage Loan Processor.

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