Mortgage Loan Processor: Seamless Closings & Compliance

Maine State Credit Union; Augusta (ME); Hybrid; USD 33,000 - 36,000; Full time

Benefits offered by this job

Medical insurance

401(k) with match

Paid holidays

Birthday PTO

Job summary

Maine State Credit Union in Augusta, ME is seeking an experienced Mortgage Loan Processor to own the loan pipeline from application to closing. You will prepare documentation, coordinate title work, appraisals, and other services to keep closings moving smoothly.

The role emphasizes compliance (QM, ATR, TRID), accuracy, and confidential handling of member information, with strong collaboration across lenders and vendors. 1–3 years of mortgage processing experience is preferred.

Qualifications

• 1–3 years of mortgage or loan processing experience.
• Strong working knowledge of loan documentation, policies, and compliance requirements.
• Experience using Encompass LOS or similar systems (preferred).

Responsibilities

• Manage the loan pipeline from application through closing keeping files accurate, complete, and on track.
• Prepare loan documentation for new and modified real estate and consumer loans using the LOS.
• Order and coordinate third‑party services such as title work, appraisals, and legal documents—following up to keep timelines moving.
• Review loan files for compliance and accuracy, ensuring adherence to QM, ATR, and TRID.
• Complete post‑closing tasks including recording security documents, ensuring final title policies are issued, and supporting audit requests.
• Maintain strict confidentiality while upholding the Credit Union’s member‑first service standards.

Skills

Mortgage loan processing

Loan documentation

Compliance requirements

Communication skills

Tools

Encompass LOS

Job description

Maine State Credit Union in Augusta, ME is seeking an experienced Mortgage Loan Processor to own the loan pipeline from application to closing. You will prepare documentation, coordinate title work, appraisals, and other services to keep closings moving smoothly.

The role emphasizes compliance (QM, ATR, TRID), accuracy, and confidential handling of member information, with strong collaboration across lenders and vendors. 1–3 years of mortgage processing experience is preferred.