Senior Mortgage Underwriter and Processor

Senior Mortgage Underwriter / Processor

Position reports in person at our main office located at: 50 Main St., Millbury, MA 01527.

Work Schedule:

Full Time, Monday - Friday 8:30am-5pm.

The incumbent must have experience to underwrite and process 1st mortgages and home equity lines of credit to determine eligibility of loan applications for sale and for portfolio. Responsibilities include analyzing and verifying loan applications, evaluating risks, and making loan eligibility decisions. A successful candidate should exercise sound judgment on detailed analysis and ensure that all documentation is in compliance with the relevant Federal, State, and Agency regulations/guidelines and CU policy/procedures.

• Maintain registered NMLS status as required by SAFE Act
• Communicate with members and staff involved in the mortgage production function
• Order, track, record and validate underwriting conditions
• Approve and process 1st mortgages and Home Equity Loans according to all federal and state regulations as well as agency guidelines ensuring compliance
• Price and sell loans according to secondary market guidelines
• Assist in HMDA preparation and the pre and post QC process
• Ability to meet deadlines and prioritize workflow

• Experience in residential mortgages and / or home equity processing, underwriting and production.
• Knowledge of Fannie Mae, Mass Housing, and FHLB policy/policies
• Bachelor's degree (BS) from a 4-year college or university in business or related field or equivalent or a combination of education and experience in mortgage processing. A High School Diploma or GED required
• Ability to meet deadlines and prioritize workflow
• Ability to work independently or collaboratively when required
• Strong math and analytical skills
• Ability for evaluating risks associated with each application
• Ability to effectively communicate in written and verbal form with members and colleagues
• Knowledge of HMDA and notary helpful
• Strong computer skills including MS Excel and Word; knowledge of MERS and Calyx LOS helpful

• Competitive salary
• Vacation, sick and personal paid time off
• 11 paid Federal holidays
• Health, dental, vision, life, and disability insurance
• Tuition assistance
• 401(k) retirement plan with employer match
• Employer funded profit sharing
• Annual bonus to qualified employees

At MCU you will find a respectful and inclusive workplace where everyone is given the opportunity for personal and professional growth. If you share a passion for the community you work in, you just may be a great fit at MCU.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

EEO / AA Employer