Senior Mortgage Processor jobs in United States
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Teachers Federal Credit Union · 5 days ago

Senior Mortgage Processor

Teachers Federal Credit Union is a leading credit union committed to guiding members towards a strong financial foundation. The Senior Mortgage Processor is responsible for processing mortgage loan files, providing operational guidance, and ensuring compliance and exceptional service throughout the loan process.

BankingFinance
Hiring Manager
Katie Murphy Scholder
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Responsibilities

Performs the end-to-end processing of assigned mortgage files, ensuring accuracy and timely progression
Serves as the primary liaison for borrowers, delivering clear and proactive communication throughout the loan process
Reviews income, assets, credit, and employment data to confirm eligibility and identify potential risks
Prepares files for underwriting submission with a focus on completeness and compliance with guidelines
Collaborates with underwriters to resolve conditions promptly and efficiently
Monitors pipeline status to ensure loans close on schedule
Orders and tracks third-party reports (e.g., appraisal, title, tax transcripts, SSA-89)
Ensures all documentation is properly labeled, indexed, and uploaded into the Loan Origination System (LOS)
Maintains detailed, timely, and accurate notes within the LOS to ensure transparency and continuity
Ensures files meet strict compliance standards and support successful internal and external audits
Meets required closing timelines, internal SLAs, and turn-time expectations for loans moving into closing
Partners with loan officers to support accurate loan structuring and manage borrower expectations

Qualification

Mortgage banking experienceFull lifecycle mortgage processingMortgage productsRegulatory compliance knowledgeProblem-solving skillsAnalytical skillsResidential mortgage processing knowledge

Required

High School diploma required
Minimum four years' experience in mortgage banking required
Experience with the full lifecycle of the mortgage transaction required
Expert knowledge of Conventional, Jumbo, FHA, and VA products, underwriting standards, regulatory compliance, and documentation review required
Strong problem-solving and analytical skills required

Preferred

Up-to-date residential mortgage processing knowledge

Benefits

This position is eligible for our annual discretionary bonus program.
Paid time off for vacation, personal days, and holidays
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

Company

Teachers Federal Credit Union

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Teachers Federal Credit Union is a company which develops finance related apps for iPhone