Union Bank & Trust · 6 hours ago
Mortgage Processor 2
Union Bank & Trust is seeking a Mortgage Processor 2 to process mortgage loans intended for sale on the secondary market. The role involves managing the loan processing steps from origination to closing, ensuring compliance with bank policies and regulatory guidelines.
Financial Services
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
Required
Minimum 1-2 year experience processing (supervisor/manager discretion)
Minimum 1-2 year experience secondary market loans (supervisor/manager discretion)
Effectively handle 25-50+ files in the pipeline at a time
Conventional purchases and refinances
Learning stages and beginning mastery of other loan types; example FHA
Meets everyday Processing Expectations
Must be able to VPN
Demonstration of great 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
Demonstrates knowledge and understanding of TRID, Adverse Action and Reg B
Basic understand of loan product and profitability
Sufficient comprehension of the entire loan lifecycle (origination – servicing) with a clear understanding of how closing support the transaction
Regular and reliable attendance is an essential function of this position
Preferred
Thorough understanding of investor, agency, and compliance guidelines applicable to secondary market preferred
Highly proficient in Microsoft Word, Excel and in working with other financial software
Bachelor's degree preferred, but not required
Time efficient in managing multiple projects and deadlines
Accurate and detailed
Effective communicator
Independent with team orientation
Customer service focused
Self-directed and takes initiative
Projects a professional image and positively promotes the bank's products, services and policies
Company
Union Bank & Trust
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