Mortgage Loan Processor

Description

University of Virginia Community Credit Union

Working together to strengthen the financial wellness of our members and local communities.

At UVA Community Union, we are dedicated to making a meaningful difference in the lives of our members and the communities we serve. Our mission, working together to strengthen the financial wellness of our members and local communities, guides everything we do. We foster an environment where every team member plays a vital role in building the financial wellness of those we serve.

Our core values are Integrity, Service Excellence, Collaboration, and Gratitude. These values shape how we support our members, interact with one another, and drive the success of our shared purpose. If you’re passionate about making a positive impact and want to be part of a purpose-driven organization, we invite you to explore a career with us.

The Mortgage Loan Processor is responsible for managing the documentation, verification, communication, and administrative processes required to move a mortgage loan application from origination through underwriting and closing in a timely and efficient manner. Specifically, this position is responsible for analyzing and evaluating all types of mortgage applications such as FNMA, FHLMC, FHA, VA, USDA and Credit Union guidelines. This role ensures compliance with regulatory requirements, organizational policies and investor guidelines while delivering exceptional service to members throughout the loan process.

The ideal candidate will have a minimum of 2+ years mortgage experience, excellent oral and written communication skills, and extremely organized and detail-oriented with the ability to time-manage and meet deadlines in a fast-paced environment.

• Review mortgage loan applications for accuracy, completeness, and compliance with program guidelines.
• Accurately manage approval condition processing for submission to underwriting
• Deliver mortgage loan commitment letters to necessary parties on or before specified date.
• Track and manage an individual pipeline to meet deadlines of loan commitments, rate lock expiration, and closing dates.
• Serve as the primary liaison between borrowers, loan officers, underwriters, and closing staff to ensure timely updates and resolution of issues.
• Confirm all disclosures are accurate and provided in a timely manner in compliance with federal and state laws, and in compliance with investor regulations.
• Manage internal quality control checklists to ensure due diligence and accuracy.
• Address and respond to any audit reviews and/or post-closing findings.

• 2+ years of mortgage loan processing experience and/or related lending/financial services experience.
• Knowledge of conventional, FHA, VA, and USDA loan programs preferred
• Demonstrated ability to work collaboratively in a team environment
• Exceptional communication and organizational skills
• Strong attention to detail and time management skills
• A 2-year college degree is preferred, high school degree or GED is required.

We offer an attractive suite of benefits to employees who work an average of 20 hours per week or more, including:
Health, Dental, Vision, up to a 7% employer 401(k) contribution after the first year of employment. Employees are eligible for Life Insurance, Long-Term Disability, Health & Wellness Spending Account, Tuition Reimbursement, and Employee Loan Discounts. Employees accrue Paid Time Off starting with 18 days accrual at full time annually, and 13 company paid holidays. Employees are also eligible for Family Forming Leave, and Volunteer Time Off.

Equal Employment Opportunity has been, and will continue to be, a fundamental principle at the University of Virginia Community Credit Union, where employment is based upon personal capabilities and qualifications without regard to race, color, gender, gender identity, religion, sexual orientation, pregnancy, childbirth, or a medical condition related to pregnancy or childbirth, national origin, citizenship, disability, age, genetic information, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state, and local laws.