What are the responsibilities and job description for the Mortgage Processor/Closer II position at PSECU?
Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on...
The Mortgage Processor / Closer will work with Mortgage Originator and Underwriters and Processing and Closing Managers to ensure mortgage loans are processed and closed in accordance with secondary market guidelines and / or Board Policy. They serve as a point of contact for borrowers, realtors, settlement agents and other 3rd parties.
In this position, you will
- Processes investment secured loans, and other moderately complex and niche loan types.
- Analyze and interpret federal and state regulations, credit union policy, and secondary market guidelines for all real estate loans- conforming and non-conforming.
- Assists with training of staff. Supports the processing and closing units to ensure mortgage loans are processed in a timely and efficient manner.
- Monitors mortgage pipelines and queues to ensure applications and assignments are being completed timely and accurately and informs supervisor of concerns.
- Offers alternative and / or corrective options, when applicable, when loan documentation or terms of loan do not meet underwriting standards. Also, provides detailed comments / rationale on loans to the various mortgage committees when necessary to substantiate the request for approval or denial of a loan.
- Performs in-depth review and analysis of appraisals, credit reports, title reports, insurance documentation, income documentation, tax return analysis, asset documentation, commitment letter conditions with little to no supervision.
- Other duties as assigned.
Qualifications : Required & Prefer
BS (Required)
Reasonable accommodation may be made to enable a qualified individual with a disability or disabilities to perform the essential duties and responsibilities of the job.
Physical Demands and Sensory Abilities :
Repetitive movement of hands and fingers (e.g. typing, writing).
Lifting and carrying containers weighing as much as 20-30 pounds (e.g. to / from building and vehicle to a storage area).
Sitting for long periods of time (e.g. at a desk, in meetings).
Ability to reach above, at, and below the waist.
Ability to reach above, at, and below shoulder level.
Occasional bending, kneeling, stooping and / or squatting.
Visual acuity.
Auditory acuity.
LI-Hybrid
