Mortgage Loan Processor

Premier-Credit-Union; Johnston (IA); On-site; USD 52,000 - 68,000; Full time

Benefits offered by this job

401(k) matching

paid time off

health insurance

dental insurance

vision insurance

Employee Assistance Program

Job summary

Premier Lending Alliance in Johnston, IA, invites applicants for a Mortgage Loan Processor to own loans from submission to clear-to-close, in-office and full-time. You will drive the file, clear conditions, and partner with originators to meet closing dates.

You will review documentation, coordinate with title companies and investors, and ensure adherence to investor overlays and policies for timely closings. Bilingual skills are a plus.

Qualifications

• High school diploma or equivalent.
• 2+ years of mortgage loan processing experience.
• Knowledge of Conventional, FHA, VA, and USDA loan types.
• Ability to read, interpret, and apply conventional, government, state, and investor loan policies and guidelines.
• Strong multitasking skills and a proven ability to organize time and manage multiple priorities.
• Composure and focus under tight timelines.
• Professional verbal and written communication skills.
• Experience working both independently and as part of a team.
• Knowledge of TILA-RESPA as it relates to loan estimates and closing disclosures.
• Spanish-speaking skills are a plus.

Responsibilities

• Own your pipeline end-to-end: process each loan from submission through clear to close.
• Maintain compliance with lender, investor, and regulatory policies and guidelines.
• Maintain working knowledge of investor requirements, programs, and overlays.
• Coordinate and communicate with loan originators, members, title companies, and investors.
• Partner with loan originators to meet or exceed closing dates.
• Review submissions for accuracy and completeness and submit files to investors.
• Order required property and loan documentation: appraisals, inspections, title, flood, PMI, FHA/VA case numbers, subordination agreements, and more.
• Proactively review and clear underwriting and prior-to-funding conditions.
• Review title commitments and clear outstanding items.
• Complete re-disclosures and changes of circumstance.

Skills

Multitasking

Time management

Composure under pressure

Verbal and written communication

Teamwork

Independent work

TILA-RESPA knowledge

Spanish language skills (bonus)

Education

High school diploma or equivalent

Job description

Mortgage Loan Processor

Premier Lending Alliance | Johnston, IA | In office | Full time Mon - Fri 8:00 am to 5:00 pm

About the Role

Most processing jobs hand you a piece of the loan. This one hands you the whole thing.

As a Mortgage Processor with us, you own each file from the moment it's submitted until the investor or credit union partner issues the \"clear to close.\" No hand-offs mid-stream, no waiting on another department to move your file forward. You drive the loan, you clear the conditions, and in partnership with the loan originator, you get members to the closing table.

We process loans for credit union members across multiple credit union partners, which means variety, complexity, and the satisfaction of helping real people get into their homes. If you're the kind of processor who thrives on ownership, can juggle a full pipeline without dropping the ball, and remains calm when closing dates get tight - we want to talk to you.

What You'll Do

• Own your pipeline end-to-end: process each loan from submission through clear to close
• Ensure every file meets lender, investor, and regulatory policies and guidelines
• Maintain working knowledge of investor requirements, programs, and overlays
• Coordinate and communicate with everyone involved in the transaction - including loan originators, members, title companies, and investors
• Partner with loan originators to meet or exceed closing dates
• Review submissions for accuracy and completeness and submit files to investors
• Order required property and loan documentation: appraisals, inspections, title, flood, PMI, FHA/VA case numbers, subordination agreements, and more
• Proactively review and clear underwriting and prior-to-funding conditions
• Review title commitments and clear outstanding items
• Complete re-disclosures and changes of circumstance

What You Bring

• High school diploma or equivalent
• 2+ years of mortgage loan processing experience
• Knowledge of Conventional, FHA, VA, and USDA loan types
• Ability to read, interpret, and apply conventional, government, state, and investor loan policies and guidelines
• Strong multitasking skills and a proven ability to organize time and manage multiple priorities
• Composure and focus under tight timelines
• Professional verbal and written communication skills
• Experience working both independently and as part of a team
• Knowledge of TILA-RESPA as it relates to loan estimates and closing disclosures
• Spanish-speaking skills are a plus

Benefits

• 401(k) matching
• paid time off
• health insurance
• dental insurance
• vision insurance
• Employee Assistance Program

Must pass a criminal background check and screening against the government excluded parties list