Mortgage Junior Loan Processor

Location
Herndon, VA
Posted
Sep 09, 2021
Closes
Sep 15, 2021
Ref
2021-1814
Function
Finance
Hours
Full Time
Overview

For more than 70 years, Northwest Federal Credit Union has provided valuable financial products and services for our members. Northwest offers employees a comprehensive benefits program including: medical and dental plans, paid time off, a generous 401k match, student loan assistance, parental leave, and the opportunity to grow professionally through a wide range of job-based, classroom and online training resources. Northwest Federal Credit Union has been recognized, for the second consecutive year, as a 2021 Top Workplace by The Washington Post and we believe that our success is built upon the excellence and achievement of our employees. Together, we serve and inspire to transform lives.

Responsibilities

  • Import, review and set up new online applications
  • Electronically create, review and issue applicable disclosures within required time frames
  • Request required documentation and upload received items to the appropriate loan files and make applicable changes to the data referenced in the loan application when needed
  • Submit requests for appraisal inspections, credit reports, credit report supplements, mortgage insurance, flood certifications, title work and other necessary documentation
  • Complete Verification of Employment, Rent and Mortgages
  • Submit requests for tax transcripts, PUD Insurance and Homeowners Insurance along with Verifications of Employment, Deposits and Mortgages
  • Submit loan data to a third party vendor to complete pre-closing reviews
  • Review loan files for completion, accuracy and neatness prior to assigning to a Loan Officer and/or Processor
  • Assist Processing team members to ensure all loans meet compliance requirements and are processed in a timely manner
  • Proactively contacts borrowers to have credit unfrozen
  • Provide assistance to the Processing and Closing teams ensuring all 10 day items are complete
  • Monitors new applications received along with the 10 day queue to ensure each assignment loan is disclosed and assigned and the queue is actively worked and remains caught up
  • Completes other duties as assigned


Qualifications

  • High school graduate or equivalent
  • At least 1-year sales or customer service experience
  • 1 year of financial institution experience or 1-year experience in a mortgage related field preferred
  • Knowledge of Credit Union Policies and Procedures relating to mortgage operations preferred
  • Knowledge of federal regulations and compliance issues such as RESPA, REG Z, HMDA, etc. is preferred


EEO Notice

Northwest Federal Credit Union is an Equal Opportunity Employer and will consider all qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or any other classification protected by law.

NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900 or HRDepartment@nwfcu.org.

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