Mortgage Processor

Overview

We are currently hiring for one position that may be based out of either our Florida or California office locations. While we are considering candidates from both coasts, only one role will be filled.

Partners Federal Credit Union — Where careers thrive, work-life balance matters, and our mission profoundly impacts our Members. For 65 years, Partners Federal Credit Union has delivered The Partners Difference to more than 175,000 members, providing the highest levels of service, value, access, and convenience. At Partners, our people are the heart of everything we do. We attract, develop, and empower exceptional talent—individuals who are inspired by our Members’ financial dreams and committed to meaningful work.

Whether you’re offering products that change lives, creating member experiences that bring joy, or driving innovation that pushes us forward, we want every individual at Partners to feel connected to their work in a meaningful way. Here, you’ll find more than just a job. You’ll discover a culture where you can grow your career, find balance, and make a difference.

And as the credit union for The Walt Disney Company, our exclusive connection ensures best-in-class benefits and perks—because we believe that when people feel supported, they thrive. Join us—and experience what it means to truly love what you do.

The Mortgage Processor receives, evaluates, and processes all mortgage and equity loans for a $2.6 billion federal credit union with annual originations of more than $250 million, including home mortgage within Florida, California, Hawaii, New Jersey, New York, Connecticut and Pennsylvania and equities within Florida and California. Performs analysis and clears all loan conditions in a timely manner to ensure regulatory compliance and member satisfaction.

Coordinates loan transition to the closing desk for final review and funding. Conducts pre-closing interview with borrower to verify final numbers and terms of the loan. Verifies that all documentation and credit report are still accurate and in compliance. Receives and validates final conditions from necessary parties and seeks to obtain a final "clear to close" within 48 hours of final underwriting review.

Pulls final credit and verbal verification of employment (VVOE) to comply with investors guidelines (first mortgage). Sends closing communication to all parties involved. Processor verifies that the file is with the closer within acceptable turn times, allowing sufficient time for doc prep and mailing. Maintains file organization and ensures regulatory compliance. Identifies Member financial needs and cross-sells multiple financial products and services to meet those needs where possible and appropriate.

Assists or refers members to appropriate business units and departments, as necessary.

• Provides effective support for all phases of equity and mortgage loan activities
• Maintains a pipeline of 25+ active and "in process" loan files (first mortgage) and 50+ loan files (equity)
• Maintains an acceptable turn-around time on purchase, refinance or Equity files from member commitment to final approval as determined by management
• Receive and review new loan applications for completeness and compliance. Arranges files per established checklist order
• Analyze loan packages, identify outstanding conditions, and clear requirements promptly to meet regulatory and investor standards
• Orders necessary products required to process file
• Verifies employment, salary, assets, and liabilities
• Evaluates credit reports and member needs to pre-underwrite loan files. Orders Verification of Deposit (VOD) and Verification of Employment (VOE) and update file with completed documentation (first mortgage)
• Quickly and efficiently resolves loan application issues. Works with applicants and Mortgage Loan Originator or MEPs in addressing credit reporting errors, appraisal values, low salary levels, and high debt ratios
• Possesses a comprehensive understanding of Fannie Mae and PFCU lending guidelines, allowing for creative and compliant loan restructuring
• Reviews information for completeness and accuracy. Clarifies missing or…