Mortgage Loan Processor & Closer — Growth in Residential Lending

Greater Iowa Credit Union; Ames (IA); On-site; USD 52,000 - 72,000; Full time

Benefits offered by this job

Paid Time Off

Paid Holidays

Group Medical, Dental, and Vision

Job summary

Greater Iowa Credit Union is seeking a Mortgage Loan Processor/Closer to handle processing and closing of sub-prime and secondary market residential loans, and to prepare loan packages for underwriting. You will coordinate with Mortgage Loan Originators, underwriters, closing agents, and other parties to meet processing workflow deadlines.

The role involves actively managing the processing pipeline, reviewing disclosures, obtaining documents, and preparing post-closing packages.

Qualifications

• 3–5 years of similar or related experience.
• Two year college degree or equivalent or recognized training.
• Strong written, verbal, and interpersonal communication skills.

Responsibilities

• Actively manage processing pipeline and coordinate with applicants, real estate agents, MLOs and other parties to obtain required documents and stipulations.
• Process applications and verify accuracy for prime, sub-prime, secondary market loans and disclosures; submit for underwriting approvals.
• Prepare closing documents and ensure conditions are met prior to closing; manage HMDA data entry and compliance.
• Prepare and send final loan packages for secondary market delivery and post-closing review.

Skills

Mortgage loan processing

Customer communication

Attention to detail

Microsoft Office

Education

Two year college degree or equivalent

Job description

Greater Iowa Credit Union is seeking a Mortgage Loan Processor/Closer to handle processing and closing of sub-prime and secondary market residential loans, and to prepare loan packages for underwriting. You will coordinate with Mortgage Loan Originators, underwriters, closing agents, and other parties to meet processing workflow deadlines.

The role involves actively managing the processing pipeline, reviewing disclosures, obtaining documents, and preparing post-closing packages.