Home Loan Operations - Home Loan Sr Processor

Golden 1 Credit Union; Manlove (CA); Hybrid; USD 42,000 - 48,000; Full time

Job summary

Golden 1 Credit Union in California is seeking a Home Loan Sr Processor to coordinate and advance mortgage transactions through processing, underwriting, and closing in a hybrid work setting. This non-exempt role reports to the Manager - Home Loan Processing within Home Loan Operations.

The ideal candidate brings 5+ years in mortgage processing, FHA loan experience, and strong attention to detail. You will verify income/assets, interpret DU findings, and ensure compliance with RESPA/TILA/AML

Qualifications

• H.S. Diploma or GED preferred.
• 5+ years in financial institution mortgage processing.
• Recent FHA loan processing experience required.

Responsibilities

• Coordinate and communicate loan information with Members, Advisors, and Vendors.
• Order title reports, appraisals, and related documents; verify accuracy.
• Ensure compliance with BSA, RESPA, TILA, TRID and AML rules.
• Review income and assets; update LOS with calculations.
• Interpret DU findings and update DU and LOS accordingly.
• Maintain HMDA data and respond to quality control issues.
• Know FNMA, FHA, and G1 equity products and investor guidelines.
• Manage pipeline to meet service levels and loan quality.

Skills

Mortgage processing

FHA loans experience

Regulatory compliance

Education

High School diploma or GED

Tools

LOS

Desktop Underwriter (DU)

Job description

Job Title: Home Loan Sr Processor

Status: Non-exempt

Reports to: Manager - Home Loan Processing

Department: Home Loan Operations

Job Code: 1725

Pay Range: $30.76 - $35.00 Hourly

Location:

WHO WE ARE:

Golden 1 Credit Union is among the top credit unions in the country. As a member-owned, not-for-profit cooperative, Golden 1 is guided by the credit union philosophy of “people helping people.” We are committed to empowering our members and uplifting our communities as we create a more equitable and financially inclusive California. We welcome all who embrace our Core Values.

WHO YOU ARE:

You are motivated by helping people, teams, and processes perform at their best. You combine mortgage expertise, organizational skills, and attention to detail to ensure loans move efficiently through the process while delivering an exceptional member experience.

WHAT YOU'LL DO:

• Coordinate and communicate information with Members, Home Loan Advisors, and Vendors for loan transaction as it relates to loan processing.
• Coordinate the ordering of all title reports, flood certificates, FHA case numbers, CAVIRS, LDP/GSA and follow up on appraisal orders. Review all documentation received for accuracy and determine if additional research or documentation is required.
• Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including BSA, RESPA, TILA, TRID and AML laws appropriate to the position.
• Review and calculate income, including tax returns, and funds verification (assets) from documentation received in accordance with investor guidelines as well as Golden 1’s policies/procedures and update the LOS (Loan Origination System) accordingly.
• Read and interpret Desktop Underwriter (DU) findings. Rerun/Update DU with all updated calculations, appraised value, available funds prior to final approval submission to underwriting, ensuring both DU and the LOS systems match the documentation in file.
• Review and evaluate credit documentation for compliance with investor & Golden 1’s policies.
• Prepare and process general correspondence and document exchange updating LOS (Loan Origination System) with all details for complete tracking purposes.
• Manage pipeline to meet a) G1 service levels including turn times and customer service scores, b) minimum efficiency levels established for position and c) minimum required loan quality.
• Complete Home Mortgage Disclosure Act (HMDA) information.
• Maintain and respond to quality control issues.
• Acquire and maintain knowledge of FNMA, FHA, G1CU equity products and related investor guidelines.
• Perform functions in accordance with Golden 1’s performance competency standards.
• Perform other tasks as assigned.

QUALIFICATIONS AND PREFERENCES:

• H.S. Diploma or General Education Degree (GED) preferred
• Additional work experience may be considered in lieu of a High School diploma
• 5+ years or more experience in a financial institution processing Home loans handling routine to complex processes required
• Recent experience processing FHA loans is required

WHY JOIN US:

Golden 1 Credit Union provides its employees a market-competitive and internally equitable total rewards compensation package through a variety of programs. These programs are designed to attract, motivate, and retain employees that drive and support the achievement of Our Mission, Vision, and Strategic Goals. The Credit Union is committed a total rewards philosophy built on; a comprehensive compensation package, well-being and work-life balance, career development and growth, rewards and recognition, and a commitment to Diversity, Equity and Inclusion. We believe in fostering a workplace where every employee is recognized, valued, and motivated to contribute their best.

DISCLAIMER/INTENT AND FUNCTION OF JOB DESCRIPTIONS:

The above information on this description has been designed to indicate the general nature and level of work performed by team members within this classification. Because the nature of positions and job functions can change over time, this job description is not designed to contain or be interpreted as a comprehensive inventory of all essential functions, duties, responsibilities and qualifications requirements of team members assigned to this job. Job duties may be changed or modified in the Credit Union’s discretion. The Credit Union will keep team members updated on key functions, duties, and requirements of their position by communications from the Credit Union and by updating the job description from time to time. Any team member with questions about the nature of their job duties is encouraged to consult with their supervisor.

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