Mortgage Loan Processor

Space Coast Credit Union; Melbourne (FL); Hybrid; USD 59,000 - 62,000; Full time

Benefits offered by this job

Hybrid work options

On-the-job training

Job summary

Space Coast Credit Union (SCCU) is seeking a Mortgage Loan Processor to guide approved first mortgage loans from application to closing. You will review files, verify income, assets, and employment, and coordinate third-party documentation to ensure timely closings that exceed member expectations.

The role requires a 2-year degree or equivalent experience, 3–5 years in mortgage processing, and familiarity with TRID and investor guidelines. Hybrid work is available with in-office days required.

Qualifications

• Two-year degree or equivalent experience required.
• 3–5 years of mortgage processing, mortgage closing, or banking experience related to review and process of mortgage applications.
• Familiarity with TRID and investor guidelines, including Fannie Mae, Freddie Mac, FHA, and VA, preferred.
• Ability to obtain and maintain active NMLS registration before performing mortgage loan originator activities, when applicable.

Responsibilities

• Review conventional, FHA, VA, and other first mortgage loan applications for completeness, accuracy, and compliance with lending guidelines.
• Verify borrower income, assets, employment, credit history, and funds to close; ensure conditions are satisfied before closing.
• Order and review appraisals, title commitments, flood certifications, and other third-party documentation within timelines.
• Submit complete loan files to underwriting and manage a pipeline of 20–40 loans per department goals.
• Communicate clearly with borrowers, Realtors, closing agents, and internal partners while maintaining confidentiality.
• Resolve member questions and file issues while meeting productivity and service standards.

Skills

Mortgage processing

Attention to detail

Communication

Education

Two-year degree or equivalent experience

Tools

TRID guidelines

Investor guidelines (Fannie/Freddie/FHA/VA)

Job description

At Space Coast Credit Union (SCCU), our members are at the heart of everything we do. Since 1951, we’ve been committed to delivering financial services founded on integrity and a people-first philosophy.

As a Mortgage Loan Processor in our Melbourne Headquarters, you’ll help guide approved first mortgage loans from application through closing.

You’ll review loan files for completeness and accuracy, coordinate required documentation, support borrowers and business partners, and help ensure timely, compliant closings that exceed member expectations.

Why Join SCCU?

• Member-Focused Mission: Be part of a not-for-profit organization that reinvests in its members.
• Hybrid and Flexible Schedule Options: Able to work from home up to 3 days a week. 2 days in office required.
• Career Growth: We prioritize internal promotions and offer on-the-job training.

Mortgage Loan Processor Key Responsibilities

• Review and process conventional, FHA, VA, and other first mortgage loan applications for completeness, accuracy, and compliance with lending guidelines.
• Verify borrower income, assets, employment, credit history, and funds to close; ensure approval conditions are satisfied before closing.
• Order and review appraisals, title commitments, flood certifications, and other third-party documentation within established timelines.
• Submit complete loan files to underwriting, follow up promptly on conditions, and manage a pipeline of approximately 20–40 loans in line with department goals.
• Communicate clearly with borrowers, Realtors, closing agents, and internal partners regarding documentation, file status, and closing arrangements while maintaining confidentiality.
• Resolve member questions and file issues efficiently while meeting established productivity, loan quality, regulatory, attendance, and service standards.

Mortgage Loan Processor Requirements

• Two-year degree or equivalent experience required.
• 3–5 years of mortgage processing, mortgage closing, or banking experience related to review and process of mortgage applications required.
  • Mortgage closing or mortgage processing experience preferred.
• Familiarity with TRID and investor guidelines, including Fannie Mae, Freddie Mac, FHA, and VA, preferred.
• Ability to obtain and maintain active NMLS registration before performing mortgage loan originator activities, when applicable.

Mortgage Loan Processor Compensation

[Salary range not visible to internal publishing.]

• Starting Salary: $28.13 – $29-79
• Bonus Opportunity: Eligible for 4%ONE SCCU Annual Bonus.

SCCU Benefits

• Health & Wellness: Medical, dental, and vision insurance, plus an Employee Assistance Program.
• Financial Perks: 401(k) match (5%), HSA match, and SCCU-paid insurance (short/long-term disability, life insurance).
• Education Support: Tuition reimbursement after one year of service.
• Generous Time Off: 20+ days of PTO, birthday PTO, and 11 federal holidays.
• Exclusive Discounts: Lower rates on loans, credit cards, and no fee SCCU accounts!

Work Schedule

• Monday – Friday 8:00am – 5:00pm

About SCCU

Since 1951, Space Coast Credit Union (SCCU) has proudly served our community, growing to over 685,000 members and managing $9 billion in assets. With 67 branches spanning Florida’s east coast, we are the third-largest credit union in the state. In 2025, we expanded into Orange County to better serve the growing East Orlando market.

As a not-for-profit financial institution, SCCU is dedicated to putting our members first. Unlike traditional banks, we return profits to our members through better rates, lower fees, and enhanced services. While we offer the same financial products—like checking, savings, and loans—our focus remains on empowering our members and supporting their financial well-being. With local decision-making and a commitment to exceptional service, we strive to make a meaningful difference in the lives of those we serve.

At SCCU, we also prioritize our team members by fostering a supportive and collaborative environment that encourages career growth and development. As we continue to grow, we are seeking talented, member-focused professionals to join our team and help deliver innovative financial solutions and outstanding service.

I UNDERSTAND this application a legal document for purposes of your employment. Upon acceptance of an offer with SCCU, I UNDERSTAND that I will be required to complete background, employment verifications, and drug screening. I UNDERSTAND further that any misstatements or omissions in this application and pre-employment process can be considered falsification and will result in a decision not to hire me, or to discharge me if discovered after I am hired. I UNDERSTAND that the information requested regarding date of birth, race and sex is for the sole purpose of gathering the above information accurately, and will not be used to discriminate against me in violation of any law. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hired.

SCCU is a drug-free workplace. I understand that as a condition of my employment, I will be required to submit to any testing for the presence of drugs, and to submit to any procedure to assess my qualifications for employment. If hired, I ALSO AGREE that if I am hired, my employment is for no definite time and may be terminated at any time without prior notice.