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First Community Credit Union · 8 hours ago

Mortgage Loan Processor

Beloit, WI

Full-time

Onsite

Entry, Mid Level

$20/hr - $24/hr

2+ years exp

FIRST COMMUNITY CREDIT UNION is seeking a Mortgage Loan Processor to handle mortgage loan applications and ensure compliance with lending regulations. The role involves verifying borrower information, preparing loan disclosures, and maintaining accurate records throughout the loan process.

BankingFinancial Services

Responsibilities

Review mortgage loan applications submitted through Blend and entered into Byte Loan Origination System (LOS) for accuracy and completeness

Verify borrower information, including income, assets, employment, liabilities, and credit reports, ensuring proper documentation is obtained

Order and review appraisals, title work, flood certifications, verifications of employment/assets, and other third-party services

Prepare and deliver required loan disclosures and ensure compliance with federal and state lending regulations, including TRID

Communicate clearly and proactively with members, loan officers, real estate agents, and closing agents throughout the loan process

Work closely with underwriters to resolve conditions and provide requested documentation in a timely manner

Maintain detailed and accurate records in Byte LOS and ensure loans meet internal and investor guidelines prior to closing

Monitor pipeline to meet processing turn-time goals and credit union service standards

Support members by providing guidance on documentation requirements and ensuring a smooth and positive mortgage experience

Availability to attend special off site sales events and credit union functions, as needed

Qualification

Mortgage processing experienceByte Loan Origination SystemBlend mortgage systemTRIDRESPAHMDAOrganizational skillsCommunication skillsTeam-oriented

Required

High school diploma or equivalent required; associate or bachelor's degree in business, finance, or related field preferred

Minimum 2 years of mortgage processing or lending experience in a financial institution or mortgage company

Proficiency with mortgage loan origination systems; experience with Byte and Blend strongly preferred

Strong knowledge of mortgage products, TRID, RESPA, HMDA, and other applicable regulations

Excellent organizational skills and attention to detail

Strong communication skills with the ability to explain complex information in a clear and member-friendly manner

Ability to manage multiple files simultaneously while meeting strict deadlines

Team-oriented with a commitment to providing outstanding member service

Employees must comply with government and other regulations affecting the credit union industry including but not limited to the Bank Secrecy Act and The USA Patriot Act