Mortgage Loan Processor at Polish National Credit Union

Chicopee, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

06 May, 26

Salary

0.0

Posted On

05 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Loan Processing, Residential Lending Knowledge, TRID Compliance, Regulatory Guidelines Adherence, Income Assessment, Preliminary Underwriting Assessment, Document Monitoring, Pipeline Management, APR Calculations, NMLS/SAFE ACT Compliance, Lending Compliance Regulations, Prioritization, Microsoft Office Proficiency, Outlook Proficiency, Verbal Communication, Written Communication

Industry

Banking

Description

Description Polish National Credit Union stands strong as a full-service, member-owned credit union, offering a complete line of personal and business banking products and services. Since our inception in 1921, Polish National has grown to meet the needs of our communities. We proudly support the community through non-profit and educational initiatives. An important aspect of all positions at the credit union is to fulfill our mission: “To Grow Lasting Relationships to Improve People’s Lives.” We are currently seeking a self-motivated, energetic individual to join our team. The ideal candidate will possess two years of mortgage loan processing experience in a credit union or similar financial institution and be eager to make an impact with a strong, professional work ethic. We are committed to providing fair and equitable compensation opportunities for all team members. We take pride in offering growth and professional development opportunities that support our employees’ continued success. Our compensation practices allow team members to progress through the salary range over time as they grow in their roles. The actual base pay offered will be determined based on factors including, but not limited to, a candidate’s skill, relevant experience, and work location. Essential Duties and Responsibilities: Performs a variety of duties pertaining to processing mortgage loan products in accordance with PNCU policies and procedures and all applicable governmental regulations. • Possesses strong knowledge related to all aspects of residential lending • Reviews all incoming mortgage and home equity/HELOC applications and determines what documents will be required for efficient processing of the application • Accurately prepares and sends all required disclosures in compliance with TRID and other applicable regulatory guidelines. • Processes Change of Circumstances and sends revised disclosures when necessary. • Ensures the proper and requested documents have been provided before the file is sent to Underwriting • Communicates and directly assists borrowers throughout the mortgage process. • Responds to borrower questions and concerns and resolves any issues related to loan documents and e-signing. • Able to independently perform accurate income assessment and calculations. • Performs a preliminary underwriting assessment of each loan file to ensure the loan is viable. • Obtains, monitors and processes incoming documentation, such as credit reports, appraisal reports, flood determinations, tax transcripts, verifications of employment, etc. • Orders appraisals and title orders. • Communicates file progress with updates as needed to the loan officer, underwriter and closer. • Manages their daily pipeline duties with little to no supervision and ensures all contract dates are met. • Ensure compliance with company policies, underwriting guidelines, and lending program requirements. • Calculates APR’s for rate changes. • Promote Polish National Credit Union’s Core Purpose of “Growing Lasting Relationships to Improve People’s Lives” while demonstrating PNCU’s Core Values. • Responsible for completion of all required compliance training, as well as completion of ongoing compliance training which may be assigned throughout the year. • Adhere to all credit union attendance policies and standards. • Abide by all federal, state, and local laws including but not limited to: The Bank Secrecy Act, including the Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN); Uniform Commercial Code (UCC); Federal Reserve Bank; and National Credit Union Administration (NCUA). • Perform additional duties as assigned. Benefits: Polish National Credit Union offers an attractive compensation and benefits package, including health, dental, vision, flexible spending accounts, generous 401(k) with employer match, Student Loan Repayment Program, and tuition assistance. Equal Opportunity Employer Our Credit Union is an equal opportunity employer. All applicants will be considered regardless of race, color, creed, religion, sex, sexual orientation, national origin, age, marital or veteran status, medical condition, disability, genetic information, or any other legally protected status. Equal access to the hiring process, services, and employment is available to all persons. Requirements Qualifications: • Two to five years of mortgage loan processing or related experience. • NMLS/SAFE ACT compliant. • Knowledge of lending compliance regulations (Reg. Z, RESPA, Truth in Lending, Reg. B, HMDA) • Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints. • Team player with positive attitude and willing and able to work well with others. • Able to successfully prioritize multiple tasks. • Experience with the Encompass loan origination system preferred. • Proficiency in Microsoft Office and Outlook • Excellent verbal and written communication skills • Strong interpersonal and communication skills

Responsibilities

This role involves processing various mortgage loan products according to credit union policies and governmental regulations, which includes reviewing applications, preparing disclosures, and ensuring all required documentation is obtained before underwriting.