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APG Federal Credit Union · 6 hours ago

Mortgage Processor II

Bel Air, MD

Full-time

Onsite

Mid Level

$27.72/hr - $34.65/hr

4+ years exp

APG Federal Credit Union is a community-focused organization with over 80 years of experience in providing financial services. The Mortgage Processor II will process mortgage loan files, assist members in completing applications, and ensure compliance with policies and investor guidelines while managing a loan pipeline effectively.

CreditFinanceFinancial Services

Responsibilities

Process mortgage loans according to established APGFCU policies and procedures and investor guidelines

Consistently and effectively manage a loan pipeline of up to 50 loans

Closely monitor loan pipeline to guarantee loan commitments are met unless attributed to member delay

Review loan application, initial disclosures and signed initial disclosures for completeness and accuracy

Review loan application, credit report and AUS Findings to validate loan viability and to identify missing information and/or documentation

Able to analyze income, asset and collateral documentation (including pre-underwriting for self-employed income)

Manage the placement, tracking and receipt of appraisal, title, flood orders and Private Mortgage Insurance as needed

Apply knowledge of the various government forms and worksheets associated with Mortgage Financing

Negotiate with investor underwriters to eliminate any barriers. Partner with appraisers, sales agents, and third parties to procure required documentation

Communicate weekly loan status updates to credit union members and sets appropriate expectations for the timely return of documentation

Responsible for ensuring rate lock commitments are met

Provide courteous and expedient member service with regard to telephone inquiries, mail, internet or face to face interaction

Effectively partner with mortgage consultants and underwriters alike to accelerate loan turn-time and to enhance the member experience

Provide back up support to mortgage consultants and closers as needed, or in their absence

Qualification

Mortgage processingAUS (Automated Underwriting Systems)FNMA guidelinesFHA knowledgeVA knowledgeUSDA knowledgeInnovative thinkingInterpersonal skillsCommunication skillsTime management

Required

High School Diploma with two years additional specialized course/training

Experience may be credited in lieu of education

Excellent oral and written communications and interpersonal skills required

Ability to prioritize to meet deadlines

Make decisions based on established guidelines

Position requires innovative thinking with ability to learn quickly while adapting to a fast-paced environment

History of meeting/exceeding service levels and/or production goals directly correlated to corporate and department objectives

Strong interpersonal skills building and maintaining professional relationships with co-workers and vendors

Excellent verbal and written communication skills

Strong organization and time management skills to effectively prioritize objectives

Works to achieve goals in spite of barriers or difficulties; pursues objectives with energy and persistence

Preferred

Associates degree preferred

Four to six years of mortgage processing experience preferred

Consumer loan underwriting experience preferred

Knowledge of FNMA guidelines, FHA, VA and USDA

Benefits

Medical and dental (shared expense)

Vision

401(k)

Life and disability insurance

Flexible spending account

Employee assistance program

Referral program

Educational assistance

Holidays

Annual leave

Sick leave

Company

APG Federal Credit Union

APGFCU’s roots go back to 1938 when a group of local pioneers decided to address the savings and borrowing needs of the military families at the Aberdeen Proving Grounds.

Founded in 1938

Aberdeen, Maryland, USA

201-500 employees