What are the responsibilities and job description for the Mortgage Processor position at Listerhill Credit Union?
Description
Overview: Listerhill Credit Union is a financial cooperative whose primary purpose is to help our members live financially healthy lives. In 1952, seven Reynolds Metals employees deposited $5 each with the idea of starting a credit union that was member-owned and member-focused. Helping co-workers break from predatory lenders to borrow affordably and save for their financial futures, was their motivation. We have grown from a single office at Reynolds Metals to 18 branches throughout northwest Alabama and south-central Tennessee. Today, we serve 13 counties with a full line of financial solutions. Our purpose and commitment to financial health has never changed. We recognize what is good for our members is good for us. We aspire to high standards of integrity, excellence, and passion. Furthermore, we strive to be innovative for the members’ benefit and engaged in the betterment of their communities.
The Role: Your efforts and ultimate successes should be measurable and recognizable as you strive daily within LCU’s vision: “to value people over profit, proactively seek improvement, work passionately, exceed expectations, and make our community a better place”. You will serve as a processor for mortgage applications, obtaining, verifying, and documenting all information and submitting application to underwriting for approval. You will prepare and obtain all closing documents for delivery to Attorney for closing, assuring the Listerhill Credit Union’s lien position.
What you will do:
- Process mortgage loans in a timely manner; order and review title searches, title opinions, appraisals, flood certificates, credit reports and all other related documents (i.e. – VOD, VOE, etc.) to ensure accordance with legal and procedural /policy compliance requirements are met and to ensure member satisfaction
- Satisfy any requirements mandated by underwriting staff, Fannie Mae Automated Underwriting System, and /or the Veterans Administration
- Be knowledgeable of lender products and companies and must be able to process loans according to lender guidelines
- Be able to process loans through desktop underwriting (DE/LP) for submission
- Serve as liaison between the member, loan officer/originator, and the underwriting department
- Perform other duties as assigned
Requirements
Qualifications:
- High School Diploma or GED
- Three years financial services experience with some mortgage background
- Must be eligible to register with the Nationwide Mortgage Licensing System and Registry (NMLS)
- Knowledge of basic consumer and mortgage lending concepts and guidelines
- Must possess a professional demeanor and personality conducive to sales and service culture. (This qualification will be measured by validated testing)
- Must communicate well orally and in writing
- PC skills
- Knowledge of and use of DE/LP
- Commitment to LCU’s Mission Statement and Core Values
- Must successfully complete appropriate LCU assessments
This Job Description is not a complete statement of all duties and responsibilities comprising this position.
Listerhill Credit Union is an equal opportunity employer and does not discriminate in employment decisions based on any factor protected by federal, state of local law.
Salary : $5
