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Mortgage Loan Processor (CAP COM Federal Credit Union)
Ref No.: 16-07694
Location: Albany, New York
We are currently seeking a Mortgage Loan Processor to facilitate administrative aspects of the home lending process up to mortgage closing. The Processor will interact as needed with members and business partners in a manner consistent with the Credit union's Top 10 Service Attributes.
Essential Job Functions:
  • Assist in loan processing area including handling new loans
  • Remain current and comply with all CCFCU/CCFCU Funding policies, procedures
  • Listen effectively to member needs and recognize opportunity to cross sell credit union products and services
  • Obtain AUS findings as needed
  • Track HMDA reporting screens
  • Thorough understanding of LOS and ability to complete all screens accurately
  • Thorough understanding of Loan Prospector and Desktop Underwriter AUS
  • Ability to validate AUS findings to obtain required documents
  • Ability to process FHA loans in accordance with FHA lenders guidelines
  • Export fully processed files to lender and/ or in house underwriter
  • Distribution of approval letters, based on underwriters approval to applicable parties
  • Initiate contact with borrowers to review commitment letter and to secure outstanding conditions
  • Ability to review and submit approval conditions to underwriter
  • Effectively communicate individual file challenges with other departments
  • Confirm compliance of all regulatory disclosures, including NYS disclosures
  • Complete understanding of investor seller servicer guidelines
  • Complete a final review prior to pre-doc submission
  • Maintain excellent auditory skills
  • Maintain strong accuracy record
  • Other duties as assigned
  • High School diploma
  • Proficient use of Microsoft Word and Excel. General knowledge of FHLMC or Client Seller /Servicer Guide
  • Acute attention to detail
  • Good oral, written and auditory communication skills
  • General knowledge in Microsoft Office Suite and ability to learn other software applications
  • Good math skills and ability to solve problems
  • Good interpersonal skills
  • Strong multi-tasking and project planning skills.
  • A self-motivator who has initiative and ability to work independently and in a team environment.
ControlID: 14.234.89 SHR