Mortgage Loan Processor

All State Fastener Corp; Clawson (MI); On-site; USD 33,000 - 36,000; Full time

Benefits offered by this job

Health and dental insurance

Vision insurance

Life Insurance

Paid time off

Holidays

Mental health days

Tuition reimbursement

Birthday day

401K match

Job summary

Diversified Members Credit Union in Clawson, MI seeks a Mortgage Loan Processor to efficiently process loan files, verify borrower information, prepare documentation and coordinate with lenders to close loans. You will ensure regulatory compliance and provide excellent service to borrowers throughout the process.

Requirements include 2+ years of real estate processing experience, a high school diploma, proficiency with lending software and MS Office, and strong verbal/written communication.

Qualifications

• High School Diploma or equivalent.
• Minimum 2 years of real estate processing experience or related field.
• Maintain and keep current with Mortgage Lending Practices, Policies, and Regulations.
• Adept in Lending and Servicing software and applications.
• Proficient with Microsoft Office Applications (Word, Excel, Outlook).
• Strong attention to detail and documentation.
• Ability to work in a fast-paced environment while meeting deadlines and turn times.
• Strong verbal and written communication skills.
• You must be dependable and willing to work additional hours when necessary to serve both internal and external members.
• NMLS ID preferred.
• Notary Public Certification (preferred)

Responsibilities

• Review of loan applications and documents; ensure consistency, accuracy, and compliance with requirements for Mortgage Loan Officers and Underwriter’s review.
• Regulatory understanding of compliance requirements of loan documentation and how it impacts the lending lifecycle.
• Documentation maintenance, review, and filing of loan files both hard copies and electronic.
• Insurance maintenance and tracking.
• Complete Tax Service documentation review and property tax disbursements as applicable.
• Flood Certification maintenance.
• Title Insurance review.
• Support with establishing and managing escrow accounts.
• Assist in the tracking and reporting of HMDA.
• Ensure DMCU service standards are maintained during every call or appointment, addressing internal and external member needs with professionalism and empathy.
• Preparation of monthly loan reports as needed.
• Perform all other duties as requested by management to support the needs of internal and external members.
• Meeting with members
• Making outbound/follow up calls

Skills

Real estate processing

Lending software

Microsoft Office

Attention to detail

Communication skills

NMLS ID

Notary Public

Education

High School Diploma or equivalent

Tools

Lending software

Microsoft Office (Word, Excel, Outlook)

Job description

Company: Diversified Members Credit Union

City: Clawson

State: MI

About DMCU

Diversified Members Credit Union is a member-focused financial institution dedicated to providing exceptional financial services and lending solutions to our community. Our mission is to empower our members through personalized service and innovative financial products.

Summary

Mortgage Loan Processor ensures the efficient and accurate processing of mortgage loan application files. This role involves verifying and compiling borrower information, preparing loan documentation, and coordinating with department team and manager to facilitate timely loan approvals and closings. The Mortgage Loan Processor plays a key role in maintaining compliance with regulatory requirements and providing exceptional service to borrowers throughout the loan process.

PRIMARY RESPONSIBILITIES

• Review of loan applications and documents; ensure consistency, accuracy, and compliance with requirements for Mortgage Loan Officers and Underwriter’s review.
• Regulatory understanding of compliance requirements of loan documentation and how it impacts the lending lifecycle.
• Documentation maintenance, review, and filing of loan files both hard copies and electronic.
• Insurance maintenance and tracking.
• Complete Tax Service documentation review and property tax disbursements as applicable.
• Flood Certification maintenance.
• Title Insurance review.
• Support with establishing and managing escrow accounts.
• Assist in the tracking and reporting of Home Mortgage Disclosure Act (HMDA).
• Ensure DMCU service standards are maintained during every call or appointment, addressing internal and external member needs with professionalism and empathy.
• Preparation of monthly loan reports as needed.
• Perform all other duties as requested by management to support the needs of internal and external members.
• Meeting with members
• Making outbound/follow up calls

REQUIREMENTS

• High School Diploma or equivalent.
• Minimum 2 years of real estate processing experience or related field.
• Maintain and keep current with Mortgage Lending Practices, Policies, and Regulations.
• Adept in Lending and Servicing software and applications.
• Proficient with Microsoft Office Applications (Word, Excel, Outlook)
• Strong attention to detail and documentation.
• Ability to work in a fast-paced environment while meeting deadlines and turn times.
• Strong verbal and written communication skills.
• You must be dependable and willing to work additional hours when necessary to serve both internal and external members.
• NMLS ID preferred.
• Notary Public Certification (preferred)

WORKING CONDITIONS

• Ability to lift up to 10-15 lbs.
• Ability to sit for extended periods of time.

Compensation

The hourly range for this position is $24–$26/hour, depending on experience, qualifications, skills, and relevant expertise. The final compensation offer will be based on the candidate’s experience, qualifications, and overall fit for the role.

• 90% Company-paid health and dental insurance
• Up to 85% company paid vision insurance
• Company paid life Insurance on your 91st day
• Up to 10 days of PTO within your first year after 90 days of employment
• 15 paid holidays
• 2 Mental Health days after 90 days of employment
• Tuition reimbursement up to $3,500 annually
• 1 Birthday Day after 1 year of employment
• 401K: DMCU will contribute 6% of your creditable compensation and will match 100% up to 2% of your income

Work Location: In Person

This position is required to be onsite at our Clawson branch.