Remote Mortgage Loan Processor (California)

Golden 1 Credit Union; Sacramento (CA); Remote; USD 35,000 - 41,000; Full time

Job summary

Golden 1 Credit Union in California is seeking a Home Loan Processor to manage mortgage transactions remotely. You will coordinate with Members, Home Loan Advisors, and vendors to ensure accurate processing and compliance with investor guidelines.

The role requires reviewing income, assets, DU findings, and updates to LOS, while maintaining HMDA data and meeting service levels. A high school diploma and at least two years in mortgage lending are preferred; processing experience is a plus.

Qualifications

• HS diploma or GED preferred.
• Additional work experience may be considered in lieu of a High School diploma.
• 2+ years mortgage lending experience, processing experience preferred.

Responsibilities

• Coordinate and communicate information with Members, Home Loan Advisors and Vendors for loan transaction as it relates to loan processing.
• Coordinate the ordering of all title reports, flood certificates and follow up on appraisal orders. Review all documentation received for accuracy and determine if additional research or documentation is required.
• Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including BSA, RESPA, TILA, TRID and AML laws appropriate to the position.
• Review and calculate income, including tax returns, and funds verification (assets) from documentation received in accordance with investor guidelines as well as Golden 1's policies/procedures and update LOS (Loan Origination System) accordingly.
• Read and interpret Desktop Underwriter (DU) findings. Rerun/Update DU with all updated calculations, appraised value, available funds prior to final approval submission to underwriting, ensuring both DU and the LOS systems match the documentation in file.
• Review and evaluate credit documentation for compliance with investor & Golden 1's policies.
• Prepare and process general correspondence and document exchange updating LOS (Loan Origination System) with all details for complete tracking purposes.
• Manage pipeline to meet a) G1 service levels including turn times and member service scores, b) minimum efficiency levels established for position and c) minimum required loan quality.
• Complete Home Mortgage Disclosure Act (HMDA) information.
• Maintain and respond to quality control issues.
• Acquire and maintain knowledge of FNMA, G1CU equity products and related investor guidelines.
• Perform functions in accordance with Golden 1's performance competency standards.
• Perform other tasks as assigned.

Skills

Mortgage lending experience

Processing experience

Education

H.S. Diploma or GED

Job description

Golden 1 Credit Union in California is seeking a Home Loan Processor to manage mortgage transactions remotely. You will coordinate with Members, Home Loan Advisors, and vendors to ensure accurate processing and compliance with investor guidelines.

The role requires reviewing income, assets, DU findings, and updates to LOS, while maintaining HMDA data and meeting service levels. A high school diploma and at least two years in mortgage lending are preferred; processing experience is a plus.