Guardian Credit Union · 1 week ago
Mortgage Loan Processor, Full-Time (West Allis)
WAO West Allis - West Allis, WI 53227
Full-time
Onsite
Mid Level
3+ years expGuardian Credit Union is seeking a Mortgage Loan Processor who will be responsible for processing in-house and secondary mortgage loans from application through closing. The role involves providing mortgage loan information, entering data into the Loan Origination System, and collaborating with Loan Officers and Underwriting to ensure timely loan closings.
BankingFinancial ServicesNon Profit
Responsibilities
Provides general and specific mortgage loan information and processing-related information to members and interested parties by telephone, e-mail and or in person. Resolves members’ questions/problems as needed
Enters mortgage loan information into the Loan Origination System, including running credit reports and data entry into Desktop Underwriter, etc
Work closely with Loan Officer and Underwriting to obtain required information to prepare the loan for closing
Performs a variety of clerical duties including review, organization and processing of new files and related loan documentation
Prepares files for underwriting and submits to PMI Company if applicable. Upon approval, informs all involved parties. Including sending each loan directly to underwriting and works to clear any and all conditions
Contacting employers to obtain verbal verifications prior to a loan closing
Responsible for collaborating with internal and external parties as needed to order payoffs, tax return transcripts and verification documents. Ensuring all deadlines for information submissions, underwriting decisions and closings are met
Keeps mortgage staff and Loan Officer informed of progress of mortgage file and advises them immediately if problems arise
Quotes rates to members and locks loans; discloses loan documents to members
Aids in Non-Qualified Mortgage and Rapid Refinance loans as needed
Disclosing Closing Disclosures to members within the allotted regulated timeframe and re-disclosing changes if needed
Provides assistance to department personnel in special projects as needed and serves as backup for loan servicing duties to include posting payments, payoff requests, and other post-closing loan maintenance as needed
Serves as Notary Public
Other duties as assigned by Supervisor
Qualification
Required
Minimum of 3 years of experience in Real Estate Lending and Mortgage Lending, with no less than 1 year experience in secondary market processing
Must be able to obtain/maintain active NMLS registration
Knowledge of mortgage lending requirements on all types of mortgage loans, government and conventional
Ability to cross-sell all credit union services effectively and accurately
Applied knowledge of real estate lending documents and related terminology required
Ability to perform detailed, analytical work and make independent decisions with a high level of accuracy
Ability to follow policies and procedures as well as written and verbal instructions
Demonstrate a level of product and industry knowledge to facilitate mortgage transactions
A high level of interpersonal skills to communicate effectively with the membership and outside agencies via telephone and in person
Ability to do semi-routine work and skilled in the use of office machines, and an on-line data processing system
Proficient in Microsoft Excel and Word required
Ability to interpret Credit Union policy and explain transactions posted to members' loan accounts
Must be bondable; ability to maintain confidentiality
Must present a professional, business-like appearance and manner
Preferred
Government Lending knowledge is desired
Company
Guardian Credit Union
Guardian Credit Union is a non-profit organization that provides financial products and services to customers.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Kevin Nitka, CPA
Executive VP and CFO
Steve Heiderer
Senior Vice President and Chief Operating Officer
Recent News
BizTimes - Milwaukee Business News
2025-03-17
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