Senior Mortgage Processor — Hybrid & Complex Loans Expert Job Littleton area,Massachusetts USA,Finance & Banking

Job Title: Senior Mortgage Processor

Department: Mortgage Lending

Department Location: Littleton, MA

Reports to: Senior Director, Mortgage Productions

Career Stream: Individual Contributor

Classification: Hybrid

Exemption: Non-Exempt

Pay Grade: 9

Pay Grade Range: $27.51 - $34.39

Actual compensation offered may vary from the posted pay grade range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

FUNCTION:Responsible for performing a variety of tasks to ensure that mortgage and home equity loan applications are processed accurately and efficiently. Ensures all files are complete and compliant with Workers Credit Union policies, investor requirements, mortgage insurance standards, and applicable government loan regulations.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:

* For Both Mortgage Processor and Senior Mortgage Processor:

Prepare and review initial disclosure packages, including Loan Estimates, ensuring accurate loan setup and compliance with loan program guidelines.

Deliver disclosure packages to members via eSign or mail, based on their communication preferences.

Order and track required third-party reports such as appraisals, title, flood certifications, tax transcripts, and employment verifications.

Review borrower documentation for completeness and alignment with AUS findings; request and collect any outstanding items.

Process home equity applications from approval to closing, including communication with members, delivering required documents, and clearing pre-closing conditions.

Monitor and review title and property condition reports, escalating any issues to underwriting as needed.

Ensure timely submission of loan files to underwriting; update the LOS with verified information and clear conditions as received.

Manage government loan files, including coordination with lenders, tracking conditions, and providing updates to borrowers, MLOs, and agents.

Track key milestones such as underwriting timelines, financing contingencies, closing dates, and rate lock expirations; communicate proactively with MLOs.

Prepare and issue revised Loan Estimates in compliance with TRID for any changes in circumstance.

Communicate approvals to all relevant parties and conduct pre-funding audits, including verbal employment verifications.

Support the closing process and ensure confidentiality of all borrowers and loan information.

Uphold the Workers Credit Union "Workers Way" culture through daily interactions and behaviors.

Perform other duties as assigned to support departmental and organizational goals.

*Additional Responsibilities for Senior Mortgage Processor:

Serve as a subject matter expert and resource for junior processors, providing guidance on complex loan scenarios, regulatory compliance, and internal procedures.

Support the training and onboarding of new team members and temporary staff in collaboration with processing leadership.

Take ownership of high-volume or high-complexity pipelines, including jumbo loans, construction loans, and government-backed programs.

Lead or participate in departmental initiatives aimed at improving processing efficiency, compliance, and member experience.

Support the implementation of policy updates, system enhancements, and procedural changes in coordination with mortgage processing leadership

Other Duties:

May be asked to provide coverage in other WCU branches or departments.
Adhere to all WCU policies and procedures which include security compliance and following guidelines intended to limit risk exposure to fraud and losses.
Participates in department and/or organizational projects as directed.
Performs other tasks or functions as required, requested, necessary or prudent.
Maintains confidentiality of all member and credit union information and data.
Regularly demonstrates behaviors as defined by the credit union's Fundamentals, which are part of the Workers Way culture program

Education

High School Diploma or Equivalent Required.

Experience:

2-4 years of experience managing both first mortgage and home equity loan files from initial disclosure through closing. Skilled in reviewing and validating borrower documentation, ordering third-party reports, reviewing underwriting conditions, and ensuring compliance with TRID and investor guidelines. Proficient in using loan origination systems (LOS), coordinating with internal teams and external partners, and maintaining clear communication with borrowers to ensure timely and accurate closings.

Known for attention to detail, efficiency in pipeline management, and delivering exceptional service while upholding confidentiality and organizational values.
Additional Qualifications for Senior Mortgage Processor:
- 4-7 years of experience. Demonstrated ability to handle complex loan scenarios, including jumbo, construction, and government-backed loans. Experienced in mentoring junior processors, resolving escalated…