Mortgage Processor

Blaze Credit Union; Falcon Heights (MN); On-site; USD 34,000 - 41,000; Full time

Benefits offered by this job

Low-cost medical (as low as $20 a pay­

Dental insurance

Vision insurance

Quarterly bonuses

Generous vacation and sick time hours

Paid leave options

Up to 6% 401k contribution

Tuition reimbursement

Job summary

Blaze Credit Union in Falcon Heights, MN is seeking a full-time Mortgage Loan Processor to handle first and second mortgage applications from start to close. You will collect documents, prepare disclosures, and coordinate with appraisers, title companies, and lenders to keep files on track.

Responsibilities include underwriting re-submissions, ensuring compliance, and delivering accurate loan packages while promoting Blaze products and maintaining strong member relations. On-site work required.

Qualifications

• Minimum High School degree or equivalent.
• Minimum 2-3 years of related financial experience.
• Strong verbal and written communication skills.
• Ability to work in a fast-paced environment and manage multiple tasks.
• Knowledge of Encompass is a plus.

Responsibilities

• Process mortgage loan applications from application to closing.
• Prepare and deliver initial mortgage disclosures within compliance timeline.
• Request and collect required documents from members during the loan process.
• Coordinate with third parties including appraisers, title companies, and agents.
• Pull tax assessed values, order appraisals, and verify insurance.
• Prepare loan documents for underwriting and resubmit as needed.
• Close loans and maintain positive member relationships.

Skills

Strong verbal and written comm.

Attention to detail

Ability to manage multiple tasks

Education

High School diploma or equivalent

Credit/financial experience preferred

Tools

Encompass

Microsoft Office

Job description

Job Duties

• Role: This position is responsible for processing first and second mortgage loan applications for members and prospective members from application through closing as well as helping the processing manager queue the department's pipeline.
• Work Type: Full-time, on-site at our Larpenteur Administrative office in Falcon Heights, MN
• Process first and second mortgage loan applications in an accurate and complete manner to ensure the loan meets underwriting approvals, requirements, and secondary market guidelines.
• Prepare and deliver initial mortgage disclosures within compliance timeline.
• Request and collect any additional information and or documentation required from the member/potential member during the loan process.
• Request and provide if needed required documentation for processing from third parties including but not limited to Appraisers, Loan Officers, Title Companies, and Agents.
• Pull tax assessed value, order appraisals, title work, employment verifications, and flood certification.
• Verify homeowners’ insurance to ensure it is a current policy, and the member has enough coverage for all loans against their home.
• Prepare loan documents and mortgage files for underwriting.
• Resubmit loan applications through an underwriting system to score 99% of loans based on verification findings and stipulations being satisfied.
• Recommend and sell Blaze products and services to ensure that the member’s financial needs and Blaze’s growth objectives are met.
• Complete loan closing procedures to deliver Blaze products and promote positive member relationships.
• Schedule closings for purchases, refinances and keep members informed of the status of loan file throughout the closing process.
• Prepare final documentation in preparation for loan closing. Complete verbal verification of employment, request updated payoff statements and homeowners’ insurance.

Other Duties

• Comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control
• Exhibit Blaze’s Core Value’s: Better Lives, Thoughtfully Compassionate, Minnesota’s Best, and Give Back
• Regular and predictable attendance
• Perform other duties as assigned to support effective department operation.

Minimum Education Required

Minimum High School degree or equivalent.

Minimum Experience Required

Experience/Education/Certifications/Licenses

Minimum High School degree or equivalent.

Minimum 2-3 Years Similar Or Related Financial Experience.

Demonstrated Knowledge

• Strong verbal and written communication skills.
• Computer skills including Microsoft products.
• Ability to work in a fast-paced environment and manage multiple tasks.
• Ability to lead credit union department processes; exert regional influence or corporate knowledge sharing.
• Knowledge of Encompass a plus.

Shift

First (Day)

Number of Openings

1

Veterans Encouraged to Apply

Yes

Compensation

$25.20 - $30.00 / Hourly

Additional Compensation

Quarterly Team Bonus

Postal Code

55113

Job Type

Full Time

Place of Work

On-site

Requisition ID

26-095

Job Benefits

• Low-cost medical (as low as $20 a paycheck)
• dental insurance
• vision insurance
• quarterly bonuses
• generous vacation and sick time hours
• paid leave options
• up to 6% 401k contribution
• tuition reimbursement