Mortgage Loan Processor

Maine State Credit Union; Augusta (ME); Hybrid; USD 33,000 - 36,000; Full time

Benefits offered by this job

Medical insurance

401(k) with match

Paid holidays

Birthday PTO

Job summary

Maine State Credit Union in Augusta, ME is seeking an experienced Mortgage Loan Processor to own the loan pipeline from application to closing. You will prepare documentation, coordinate title work, appraisals, and other services to keep closings moving smoothly.

The role emphasizes compliance (QM, ATR, TRID), accuracy, and confidential handling of member information, with strong collaboration across lenders and vendors. 1–3 years of mortgage processing experience is preferred.

Qualifications

• 1–3 years of mortgage or loan processing experience.
• Strong working knowledge of loan documentation, policies, and compliance requirements.
• Experience using Encompass LOS or similar systems (preferred).

Responsibilities

• Manage the loan pipeline from application through closing keeping files accurate, complete, and on track.
• Prepare loan documentation for new and modified real estate and consumer loans using the LOS.
• Order and coordinate third‑party services such as title work, appraisals, and legal documents—following up to keep timelines moving.
• Review loan files for compliance and accuracy, ensuring adherence to QM, ATR, and TRID.
• Complete post‑closing tasks including recording security documents, ensuring final title policies are issued, and supporting audit requests.
• Maintain strict confidentiality while upholding the Credit Union’s member‑first service standards.

Skills

Mortgage loan processing

Loan documentation

Compliance requirements

Communication skills

Tools

Encompass LOS

Job description

# Mortgage Loan ProcessorHot JobAugusta, ME 04332-5659## OverviewSalary Range$24.00 - $26.00 Hourly## DescriptionAre you an experienced Mortgage Loan Processor who thrives on accuracy, organization, and keeping loans moving smoothly from application to closing?At Maine State Credit Union, you’ll be a critical partner to our Mortgage Lending Team owning the details, managing the loan pipeline, and ensuring our members experience a seamless, professional lending process.This role is ideal for someone who enjoys balancing multiple priorities, collaborating with lenders and vendors, and confidently navigating compliance requirements in a dynamic environment.**What Your Day Will Look Like**As a Mortgage Loan Processor, your daily work will be hands‐on, detail‐driven, and essential to successful loan closings: • Manage the loan pipeline from application through closing keeping files accurate, complete, and on track. • Prepare loan documentation for new and modified real estate and consumer loans using the Credit Union’s Loan Origination System (LOS). • Order and coordinate third‐party services such as title work, appraisals, and legal documents—following up to keep timelines moving. • Review loan files for compliance and accuracy, ensuring adherence to federal and state regulations including QM, ATR, and TRID. • Complete post‐closing tasks including recording security documents, ensuring final title policies are issued, and supporting audit requests. • Maintain strict confidentiality while upholding the Credit Union’s member‐first service standards.**Why You’ll Enjoy This Role** 1. You’ll have ownership of your work and see the direct results of your efforts at closing 2. You’ll work with a collaborative lending team that values accuracy, accountability, and service## Qualifications**What We’re Looking For*** 1–3 years of mortgage or loan processing experience* Strong working knowledge of loan documentation, policies, and compliance requirements* Experience using Encompass LOS or similar systems (preferred)* Comfortable managing multiple files and deadlines simultaneously* Clear, professional written and verbal communication skills**Compensation:** 24/hr-26/hr, depending on experience.**Benefits of Employment with Maine State Credit Union:**In addition to our world-class culture, a fun and supportive work environment and opportunities to learn and grow, our employees appreciate the work-life harmony they are able to achieve as part of our team.***We are also proud of the benefits we offer:**** Employer-subsidized medical insurance plans, includes one plan with employer paid premiums of 97%* HSA – generous employer contribution* Employer funded HRA* Employer-subsidized Dental and Vision Insurance* 100% employer paid - Life, Short-Term Disability and Long-Term Disability Insurance* Accident Insurance* Competitive wages, and annual evaluations with compensation adjustments* Generous 401(k) employer match, plus annual discretionary contribution* Generous PTO with immediate PTO accruals + 8 hrs of birthday PTO & 12 paid holidays* Education reimbursement - up to $5,000 annually for undergraduate* Opportunities to volunteer in our local communities* 100% Employer Paid EAP which includes 6 free mental health sessions* Wellness Reimbursement of up to $150