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Union Bank & Trust · 7 hours ago

Senior Mortgage Processor

Lincoln, NE

Full-time

Hybrid

Senior Level

5+ years exp

Union Bank & Trust is seeking a Senior Mortgage Processor to handle mortgage loans intended for sale on the secondary market. The role involves processing various loan types, coordinating with all parties in the transaction, and ensuring compliance with bank policies and regulations.

Financial Services

Culture & Values

Responsibilities

Process mortgage loans intended for sale on the secondary market including Conventional, FHA, VA, NIFA and other special programs as needed. This includes all processing steps from origination up until closing

Review file for accuracy, analyze documentation, pre-underwrite loan file and submit to underwriting

Coordinate loan process while working closely with all parties involved in transaction (originator, underwriter, closer, etc)

Manage a production pipeline and clearly communicate and accurately update the status of each loan

Review and clear all underwriting conditions prior to closing

Resolve all items identified in pre/post-closing reviews

Anticipate all requirements of the loan cycle from beginning to end

Ensure all transactions meet compliance bank policy, regulatory compliance, investor guidelines and customer service standards

Understand and adhere to all bank policies, laws and regulations applicable to their role. Complete compliance training; follow internal processes and controls as required

Report all compliance issues, violations of law or regulations in accordance with the steps defined in bank policies

Regular and reliable attendance is an essential function of this position

Performs other job related duties or special projects as assigned

Qualification

Mortgage processingSecondary market loansAgency guidelinesFHA loansVA loansNIFA loansTRID knowledgeMicrosoft ExcelMicrosoft WordCustomer serviceWritten communicationTeam collaborationTime management

Required

Review file for accuracy, analyze documentation, pre-underwrite loan file and submit to underwriting

Coordinate loan process while working closely with all parties involved in transaction (originator, underwriter, closer, etc)

Manage a production pipeline and clearly communicate and accurately update the status of each loan

Review and clear all underwriting conditions prior to closing

Resolve all items identified in pre/post-closing reviews

Anticipate all requirements of the loan cycle from beginning to end

Ensure all transactions meet compliance bank policy, regulatory compliance, investor guidelines and customer service standards

Understand and adhere to all bank policies, laws and regulations applicable to their role. Complete compliance training; follow internal processes and controls as required

Report all compliance issues, violations of law or regulations in accordance with the steps defined in bank policies

Regular and reliable attendance is an essential function of this position

Demonstration of good written communication skills, procedure writing upon request will be required

Exceptional level of customer service to borrowers and officers

Demonstrated ability to review and apply Agency and Investor guidelines

Gaining knowledge and understanding of TRID, Adverse Action and Reg B

Minimum 3 year experience processing

Minimum 5 year experience secondary market loans (supervisor/manager discretion)

Effectively handle 30-60+ files in the pipeline at a time

Conventional – at least 150 purchase and 150 refinance transactions

FHA – at least 25 transactions

NIFA – at least 20 transactions with at least 10 being HBA's

VA and/or RD – at least 5 transactions

Jumbo – at least 5 transactions

Meets everyday Processing Expectations at a satisfactory level

DD/Closing/Funding/Post Closing Training & Knowledge Rotation

Produce 1 set of initial documents per quarter

Produce 1 redisclosure per quarter

Produce 1 set of closing docs per quarter

Must be able to VPN and serve as a business recovery critical team member

Extensive product/investor pricing knowledge

Demonstration of excellent written communication skills, procedure writing upon request will be required

Comfort level in training/assisting new or non senior processors

Demonstrated ability and confidence to review and apply Agency and Investor guidelines

Performance reviews will contain commentary from the underwriting department

Serves as a change agent by looking for process efficiencies, recommending changes in procedures for maximum effectiveness, skilled researcher and steps in and takes initiative

Seen as a team player demonstrating resiliency, flexibility, listen and collaboration skills with a generally positive attitude

Exceptionally high processing quality mirroring an entry level underwriter

Seen as a critical team member and a trusted resource by Sales Officers