Mortgage Loan Processor

Liberty Federal Credit Union; Evansville (IN); On-site; USD 45,000 - 60,000; Full time

Benefits offered by this job

Paid Holidays

PTO (Vacation, Sick and Personal Days)

Medical Insurance

Dental Insurance

Vision Insurance

401(k) with matching funds

Life Insurance

Disability Insurance

Tuition Reimbursement

Job summary

Liberty FCU in Evansville, IN is seeking a Mortgage Loan Processor to manage residential loan documentation through our systems, ensuring accuracy and compliance with banking regulations. The role requires handling appraisals, underwriting findings, and file assembly for underwriting submission.

The successful candidate must be able to work Saturdays on a rotating basis and will benefit from a comprehensive benefits package including medical, dental, vision, 401(k) matching, life and disability

Qualifications

• Experience handling residential loan documentation and file review.
• Ability to ensure documents meet underwriting standards.

Responsibilities

• Process mortgage loan files: clear liens, judgments and flood certificates.
• Review appraisals for accuracy and ensure compliance with guidelines.
• Run automated underwriting findings and forward to underwriters.
• Assemble loan files for submission to underwriting.
• Request supporting documentation from third parties.
• Update LOS as verifications are received.
• Address underwriting conditions.

Skills

Mortgage knowledge

Excel

Word

Tools

Excel

Word

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Mortgage Loan Processor

Full Time Clerical MAIN OFFICE, Evansville, IN, US

3 days ago Requisition ID: 3963

Liberty FCU, a full-service credit union, is currently seeking an experienced Mortgage Loan Processor to join our team. The successful applicant will be responsible for accurately managing residential loan documentation through our established systems and reviewing it to ensure that it is completed in full and complies with current banking regulations and policies. Candidates must be available to work Saturdays on a rotating basis.

Duties and responsibilities include but are not limited to the following:

• Process mortgage loan files:
  • Clear liens, judgments and flood certificates.
  • Review appraisals for accuracy and confirm that the appraisal meets secondary marketing guidelines.
  • Run and review automated underwriting systems findings prior to sending to underwriters.
  • Review all supporting documents in mortgage file to ensure required documents meet underwriting standards including income (including tax returns when needed), assets, liabilities and title.
  • Assemble loan files in the mortgage loan origination system in order for submission to underwriting.
• Request supporting documentation from third parties including the ordering of tax transcripts as required for loan files.
• Update the loan origination system as verifications are received from the member and vendors.
• Clear non-member facing underwriting conditions imposed by the underwriters.
• Maintain a working knowledge of all credit union mortgage products.
• Develop a working knowledge of the credit union’s data processing system, loan origination system, Word, and EXCEL software.

Benefits and Compensation:

• Paid Holidays
• Paid Time Off (Vacation, Sick and Personal Days)
• Medical, Dental and Vision Insurance
• 401(k) retirement program with matching funds
• Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
• Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.