Mortgage Loan Processor II

Oregon State Credit Union; Corvallis (OR); Hybrid; USD 39,000 - 45,000; Full time

Benefits offered by this job

Collaborative culture

Mentorship & promotion

Competitive wages + bonus

Full benefits coverage

401k match

FSAs & HSAs

Loan discounts

Job summary

Oregon State Credit Union seeks a Mortgage Loan Processor II to guide real estate loans from application to funding. You will obtain/verify documents, prepare underwriting files, and coordinate with members, loan officers, underwriters, and partners to ensure a smooth lending experience.

Responsibilities include tracking loan progress, maintaining accurate files, and delivering exceptional member service while following policies and regulatory guidelines.

Qualifications

• High school diploma or GED required; 2+ years real estate lending experience.
• Experience with secondary market investor guidelines preferred.
• Customer service experience required.

Responsibilities

• Obtain and review supporting documentation.
• Prepare files for underwriting review.
• Track loans through the process and monitor pipelines.
• Make Home Equity decisions within authority and ensure timely closings.

Skills

Mortgage processing

Communication

Organization

Attention to detail

Compliance & risk

Education & Experience

Education

High school diploma or GED

Tools

Microsoft Word

Excel

Loan documentation systems

Real estate lending software

Job description

Are you organized, detail-oriented, and passionate about helping members achieve their homeownership goals? Join Oregon State Credit Union as a Mortgage Loan Processor II and play a key role in guiding real estate loans from application through funding. In this role, you'll work closely with members, loan officers, underwriters, and external partners to ensure a smooth, accurate, and efficient lending experience.

As a Mortgage Loan Processor II, you'll be responsible for obtaining and reviewing supporting documentation, preparing complete loan files for underwriting review, tracking loans throughout the process, and monitoring loan pipelines to ensure timely closings and funding. You'll also make credit decisions on Home Equity Loans and Lines of Credit within established authority while delivering exceptional service to members and coworkers alike

What you will need to be successful:

• Mortgage Lending & Processing Expertise: Ability to process and track mortgage loan applications, review supporting documentation, prepare files for underwriting, and ensure compliance with secondary market and internal lending guidelines. Experience managing multiple loans in various stages of the process while meeting deadlines and funding expectations.
• Communication & Relationship Building: Strong written and verbal communication skills with the ability to effectively assist members, loan officers, underwriters, branch staff, and external real estate partners. Commitment to providing exceptional service and maintaining positive professional relationships.
• Organization & Problem Solving: Excellent time management, analytical thinking, and problem-solving skills. Ability to monitor loan pipelines, identify issues, prioritize work, and coordinate activities to keep transactions moving efficiently toward closing and funding.
• Technical Proficiency & Accuracy: Proficiency with Microsoft Word, Excel, loan documentation systems, and real estate lending software. Strong attention to detail and ability to review documentation thoroughly while maintaining accurate records and loan files.
• Compliance & Decision Making: Ability to maintain confidentiality and ensure compliance with all credit union policies, procedures, and applicable regulations, including BSA/AML/OFAC requirements. Ability to make Home Equity Loan and Home Equity Line of Credit decisions within established approval limits and maintain SAFE Act registration requirements.
• Education & Experience: High school diploma or GED required. Two years of real estate lending experience required, including experience working with secondary market investor underwriting guidelines. Customer service experience required.

Ways we'll appreciate you:

• A collaborative and positive workplace culture
• Initial and on-going support, training and mentorship with promotion opportunities
• Competitive wages, bonuses, paid holidays and paid time off
• 100% credit-union-paid employee coverage for medical, dental, vision, life and disability insurance; dependent coverage also available
• 401k Plan with an amazingly generous credit union match!
• Tax-saving Flexible Spending and Health Savings Plans
• Premier membership perks, loan discount, company clothing, wellness and recognition programs, and more!

Since it began in 1954, Oregon State Credit Union has been a member-owned, not-for-profit financial services institution. We exist for the benefit of our member-owners, and not to profit from them. That's what makes us different from banks and how we're able to create financial solutions that make lives better.

Location: 1980 NW 9th St, Corvallis, OR
Work type: Full-time, hybrid and non-exempt
Compensation: $28.90/hr DOE + bonus

Oregon State Credit Union is an equal opportunity employer, including veterans and individuals with disabilities.

The information above provides the general nature of work performed in this position and outlines primary qualifications. The successful candidate must be able to demonstrate that they have the legal right to work in the US and pass a background screening to the satisfaction of Oregon State Credit Union.