Spec, Mortgage Processing

Spec, Mortgage Processing

This position has a base salary range of $46, USD Annual. This range represents the expected base salary range for this position. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience and time in the role.

Responsible to process and establish first mortgage loans for sale in the secondary market.

• Open first mortgage loan files on Mortgage Processing system.
• Maintain mortgage loan file and process file mail, indexing all documentation in electronic file cabinet.
• Document mortgage loan file to meet investor guidelines. (FNMA/FHLMC/FHA/VA/USDA or others as determined)
• Work efficiently to close loan files prior to lock expiration dates.
• Review and clear approval conditions prior to loan closing, working with Underwriting and Los to restructure loans as needed.
• Maintain a high level of member service by being proactive in communication with member, realtors, service providers, etc.
• Comply with RESPA, HUD, HMDA, and all applicable mortgage regulations.
• Successfully complete all required registrations and certifications as needed.

• High school diploma.
• Two (2) years of first mortgage processing experience.
• FNMA/FHA/VA experience preferred.
• Thorough understanding of credit and an ability to review income documentation, appraisals, and titles.
• Ability to assess creditworthiness while adhering to regulatory and compliance requirements.
• Good communication, organization, and problem-solving/analytical skills.
• Professional, reliable and detail oriented with an appreciation for accuracy.
• Team oriented yet work independently with little supervision.
• Ability to meet deadlines, prioritize workload, and to perform in a fast-paced, high volume environment while exercising sound lending judgment.

BCU Shared Values:
We foster an environment of INCLUSION. All individuals are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to the organization's success. We act with INTEGRITY. We follow the golden rule without exception. We display COURAGE in our convictions. We drive innovation, reaching beyond boundaries and thoughtfully explore new horizons. We excel through COLLABORATION.

By working as one, sharing information and seeking solutions, we deliver exceptional outcomes. We WOW our members. We focus intensely on putting the member first, delivering extraordinary experiences that create lasting relationships inside and outside the organization.

We value relationships and referrals and are committed to creating the best work environment possible. From our casual dress code to flexible work arrangements, we've created a unique and inclusive culture that supports a healthy work/life balance. For this reason and more, BCU has been named a 2023 Gallup Exceptional Workplace Award Winner.