Mortgage Processor II Job at Texans Credit Union, Richardson, TX

bGp1ZXhobTZWY3daTEpTcE11dHlPcmtzSGc9PQ==
  • Texans Credit Union
  • Richardson, TX

Job Description

Description

Position Purpose and Objectives

This position exists to provide superior quality customer service to members who are in the process of obtaining a 1st Mortgage, Home Equity Loan, Home Equity Line of Credit and Home Improvement Loan. Mortgage Loan processors will process all loans in a timely and accurate manner. The employee will maintain an open line of communication with the member and/or branch personnel as all necessary paperwork and documents are being gathered. The employee will review all needed conditions of loan approval (i.e. appraisal, title, flood certifications and income verification) to ensure compliance to Texans Credit Union Policy, State and Federal regulations. Additionally, employee is responsible for preparing/distributing the required preliminary initial disclosures within the requisite time-frame per federal requirements, preparing closing documents and coordinating/scheduling loan closing dates.

Major Duties and Essential Functions

  • Comprehensive review and analysis of 1st Mortgage, Home Equity Loans, Home Equity Lines of Credit, Lot Loans, Construction Loans, and Home Improvement loans (purchase and refinance).
  • Provide timely and accurate review of conditions of loan approval
  • Calculation of basic income
  • 1st line of appraisal and title review
  • Establish timely and proactive communication routines to follow up on conditions of loan approval and loan status updates with our members and/or branch personnel
  • Order and follow-up on vendor related documents (appraisal, title, flood certifications)
  • Prepare and distribute preliminary initial disclosures
  • Prepare and distribute loan closing documents
  • Schedule loan closing appointments and coordinate with branch personnel
  • Proactively manage loan pipeline
  • Complete loan funding process
  • 1st level escalation support
  • Performs additional duties as assigned
  • Provide utility and support in the following areas
  • Home Equity Line of Credit (HELOC) Conversions
  • Home Improvement Loan Draw Conversions
  • Review and Monitor HELOC expiration C-View reporting. Prepare HELOC expiration letters (3 month and 9 month period

Positions directly supervised : None

Requirements

Specific knowledge, skills, and abilities required for this position:

  • Good working knowledge and proficient understanding of Texas 1st Mortgage and Home Equity Lending and Requirements
  • Proficient in Mortgage/Home Equity loan processing with a good understanding of Mortgage/Home Equity products
  • Excellent written and verbal communication skills
  • Strong interpersonal skills to interact with members, vendors and other internal departments
  • Detail oriented
  • Ability to work independently and also thrive in a team and a fast-paced, ever-changing high production loan environment
  • Good computer skills and a working knowledge of Microsoft Office products including Excel
  • Excellent time management and organizational skills
  • Fundamental understanding of FISERV Velocity and OSI/DNA systems
  • Good working knowledge of CFPB-Dodd/Frank Ability to Repayment requirements and TRID regulatory parameters

Education : Equivalent to a high school education

Experience : Minimum 3 years of similar or related experience in Mortgage/Home Equity loan processing

#J-18808-Ljbffr

Job Tags

Work at office,

Similar Jobs

Johns Hopkins University

Assessment & Evaluation Analyst (Cntr for Research & Reform in Education) (Baltimore) Job at Johns Hopkins University

 ...supplement senior-level project management and research work by resident CRRE staff. This role...  ...for program improvements, policies, and follow-up research. Participate...  ...Skilled at technical and scholarly writing in education areas. Skilled in serving as a statistical... 

GenZJobs

Respiratory Therapist - RRT Job at GenZJobs

 ...Innovation (CESI), one of the most-advanced medical simulation training centers in the world. Housing the Northeasts largest robotic...  ...assessments. Uses an understanding of the principles of growth and development to assess each patients individual age specific needs and to... 

KSI

Executive Personal Assistant Job at KSI

 ...Job Description Job Description Salary: DOE Executive Personal Assistant Location: Tempe, AZ | In-Office Are you a financially savvy problem-solver who thrives on creating order out of complexity? Do you enjoy working as a trusted right hand to a high... 

ManTech

Program Security Officer 3 Job at ManTech

 ...protection methodologies and risk management principles as they relate to appropriately protecting and sharing information, missions, operations, and assets Preferred Qualifications: Ability to assist the government in the NRO Integrated Security Assessment Program... 

Domino's Pizza LLC

Delivery Driver(03130) - Clearlake Rd Job at Domino's Pizza LLC

 ...experts as the ambassadors of Domino's, from fresh out of the oven to the customers door, our drivers make it happen. Our delivery experts are paid cash daily from earned tips and mileage reimbursement. That is money in your Delivery Driver, Driver, Delivery, Restaurant...