Mortgage Loan Processor I

Scott Credit Union is calling all customer service and mortgage lending professionals who are interested in a full-time Mortgage Loan Processor I job in the Collinsville, IL area to apply to join our Mortgage Lending team! This position works Monday – Friday, normal business hours. 

Purpose, Mission, Vision, Values

At Scott Credit Union, we are committed to upholding our purpose, mission, vision, and values. Our Purpose guides everything we do as an organization and is supported by our actionable Mission, Vision, and Values. If our chosen purpose, mission, vision, and values resonates with you and you want to find meaning in your work, we hope you will apply to become a part of our team!

Purpose:
To be with our members through every phase of their financial journeys, providing financial solutions that support them, their families, and their communities.
 
Mission:
Members. Value. Community.
 
Vision:
Building Better Financial Futures.
 
Values:
Accountability - I take pride and ownership in all I do.
Diversity - I support the diverse, equitable, and inclusive work environment that is fostered by Scott Credit Union.
Growth - I will pursue professional development with the encouragement of Scott Credit Union.
Integrity - I will maintain the highest ethical standards.
Service Excellence - I am devoted to continuously "WOW"ing members and each other through the 3e Promise.

Why You Should Join Our Team 

Scott Credit Union is a recipient of the St. Louis Post-Dispatch Top Workplaces Award 2024, the eleventh time since 2012. This year, SCU was recognized as one of the Top Workplaces for our dedication to our people-first culture. The Top Workplaces award highlights SCU’s commitment to creating a positive and supportive work environment, where employees thrive and contribute to the organization’s overall success. Our team is our #1 priority, and we are proud to offer great benefits and perks, such as 11 paid holidays, competitive paid time off (PTO), Short-Term Disability (STD) that includes maternity leave, 401k with employer match, medical, dental, vision, and other insurance options, educational reimbursement program, employee assistance programs, opportunities for career advancement, casual “dress for your day” dress code, a positive team-oriented culture, and much more! A comprehensive benefit guide with a full list of our benefits can be found on our career page, scu.org/careers/. 

The Day to Day as a Mortgage Loan Processor I

Mortgage Loan Processor’s within authorized limits, and in accordance with sound underwriting practices as set out in policy and procedure, collects and analyzes information, calculate and verifies data, and recommends approval of borrower's applications for open and closed end mortgages. A typical day may look like:

• Processes mortgage applications received via the web, branch personnel, mail or fax and requests specified information for loan application.
• Submits applicant information through online underwriting tool to verify acceptance by secondary market.
• Analyzes applicant financial status, credit profile, and evaluates property to determine feasibility of granting loan.
• Maintains regular and consistent contact with member throughout processing term
• Corresponds with or interviews applicant and/or creditors to resolve questions regarding application information.
• Ensures loan agreements are complete and accurate according to internal policy, applicable regulations and secondary market guidelines.
• Confers with department personnel to aid in resolving mortgage application problems.
• Analyzes potential lending opportunities involved in each lending situation to further assist the borrower as well as increase the credit union's lending portfolio.   
• Cross sells borrowers on the benefits of utilizing other credit union services.
• Requests title insurance commitment and reviews to ensure the interest of the credit union and the member are protected in all transactions.  Obtains additional documentation as may be required.
• Ensures compliance with final underwriting and appraisal conditions.

Are You a Good Fit?

Ask yourself the below questions to help determine if this job is the right fit for you.

• Do you enjoy engaging with people and providing exceptional customer service?
• Are you a positive person who enjoys working as part of a team?
• Are you organized while maintaining accuracy and completing tasks?
• Do you enjoy working in a diverse environment with diverse members?
• Do you take pride and ownership in all that you do?
• Are you looking for a job where you can develop professionally?

If you answered yes to these questions, we hope you apply!

To Be Considered, You’ll Need:

• A High School Diploma or GED 
• One year of financial institution experience. 
• Personal computer experience, including Microsoft Office products.

Preferred Qualifications That Could Set You Ahead:

• Mortgage Loan experience. 
• Experience with lending systems

Are You Ready to Join Our Team?

If this sounds like the right opportunity for you, we hope you apply today! If selected as a candidate, next steps may include a phone interview to go over the basics and/or an in-person interview to learn more about your experiences and qualifications.