Mortgage Disclosure Specialist

Alexandria , Virginia
Feb 20, 2018
Mar 01, 2018
Full Time


PenFed is hiring a Mortgage Disclosure Specialist in our Alexandria Service Center in Alexandria, VA. The primary purpose of this job is to manage and send mortgage disclosures on behalf of the loan orgination team, maintain strict adherence to compliance and regulatory requirements.


Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

    Review all mortgage files to ensure accuracy, completeness, and disclosure in the regulated time frame. Review all loan estimate documents to ensure accuracy and all appropriate fields are completed to prevent loan losses that could potentially occur from improper disclosure. Responsible for handling all initial disclosure, re-disclosure and rate locks timely per RESPA regulations. Process and send updated disclosures to the member within defined timelines of request being received. Review and lock loans according to policy pricing structure. Answer questions from originations staff and managers regarding pricing policies. Escalate any loans that are out of compliance for re-disclosure to management. Ensure exceptional member service by maintaining thorough knowledge of RESPA policies, procedures and regulatory requirements and demonstrating a commitment to professional ethics. Remains current on all mortgage related regulations and  PenFed policy changes. Knowledge and ability to review the Certificate of Eligibility on  VA  loans and accurately disclose the funding fee. Ingest documentation received from borrowers and review for any possible change in circumstance. Notify Loan Officers and Loan Processors of any important disclosing milestones. Resposible for reviewing purchase contracts in all states and properly disclose based on the terms.  

Education and Experience

Equivalent combination of education and experience is considered.

  • Bachelor’s degree or a combination of education and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions.
  • Two years related work experience, in mortgage lending required. Strong written communications skills and attention to detail required. 
  • Ability to work independently and collaboratively in a fast paced, deadline driven, team environment.
  • If an employee is in a bilingual position, their responsibilities will cover both English and Spanish speaking assignments related to the job duties listed in this job description.

Supervisory Responsibility

This position will not supervise employees.


Licenses and Certifications

There are no additional certifications required.


Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.






About Us

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 1.6 million members and over $23 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico, Okinawa, and Portugal. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.

Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, and to encourage. We exist to usher their dreams into the land of reality.

We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.


Equal Employment Opportunity

PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.

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