Senior Mortgage Processor

Workers Credit Union; Fitchburg, Buffalo (MA, NY); Hybrid; USD 80,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Mortgage Processor to join their dynamic team. This role involves ensuring the accurate and efficient processing of mortgage applications while maintaining compliance with regulatory guidelines. You will be responsible for preparing disclosure packages, tracking third-party reports, and managing communication with borrowers. This position offers a hybrid work environment, allowing for flexibility while upholding exceptional service standards. Join a forward-thinking organization that values its members and fosters a culture of collaboration and integrity, making a significant impact on the financial wellness of the community.

Benefits

Comprehensive medical, dental and vision plans

401(k) with Safe Harbor Match

Tuition Reimbursement Program

Mental health resources (EAP)

15+ days of paid time off (PTO)

Volunteer time off (VTO)

11+ paid holidays

Qualifications

• 3-5 years of experience managing mortgage and home equity loan files.
• Skilled in reviewing borrower documentation and ensuring compliance.

Responsibilities

• Prepare and review initial disclosure packages for loans.
• Order and track required third-party reports for loan processing.

Skills

Attention to Detail

Effective Communication

Organization

Customer Service

Loan Processing Procedures

Education

High School Diploma or Equivalent

Tools

Loan Origination Systems (LOS)

AUS Platforms

Document Management Tools

Job description

Job Title: Senior Mortgage Processor

Department: Mortgage Lending

Department Location: Littleton, MA

Reports to: Mortgage Process Lead

Career Stream: Individual Contributor

Classification: Hybrid

Compensation: The base pay of the budgeted range is $26-33 per hour. Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

FUNCTION:Responsible for performing a variety of tasks to ensure that mortgage and home equity loan applications are processed accurately and efficiently. Ensures all files are complete and compliant with Workers Credit Union policies, investor requirements, mortgage insurance standards, and applicable government loan regulations.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:

1. Prepare and review initial disclosure packages, including Loan Estimates, ensuring accurate loan setup and compliance with loan program guidelines.

1. Deliver disclosure packages to members via eSign or mail, based on their communication preferences.

1. Order and track required third-party reports such as appraisals, title, flood certifications, tax transcripts, and employment verifications.

1. Review borrower documentation for completeness and alignment with AUS findings; request and collect any outstanding items.

1. Process home equity applications from approval to closing, including communication with members, delivering required documents, and clearing pre-closing conditions.

1. Monitor and review title and property condition reports, escalating any issues to underwriting as needed.

1. Ensure timely submission of loan files to underwriting; update the LOS with verified information and clear conditions as received.

1. Manage government loan files, including coordination with lenders, tracking conditions, and providing updates to borrowers, MLOs, and agents.

1. Track key milestones such as underwriting timelines, financing contingencies, closing dates, and rate lock expirations; communicate proactively with MLOs.

1. Prepare and issue revised Loan Estimates in compliance with TRID for any changes in circumstance.

1. Communicate approvals to all relevant parties and conduct pre-funding audits, including verbal employment verifications.

1. Support the closing process and ensure confidentiality of all borrowers and loan information.

1. Uphold the Workers Credit Union "Workers Way" culture through daily interactions and behaviors.

1. Perform other duties as assigned to support departmental and organizational goals.

Other Duties:

• May be asked to provide coverage in other WCU branches or departments.
• Adhere to all WCU policies and procedures which include security compliance and following guidelines intended to limit risk exposure to fraud and losses.
• Participates in department and/or organizational projects as directed.
• Performs other tasks or functions as required, requested, necessary or prudent.
• Maintains confidentiality of all member and credit union information and data.
• Regularly demonstrates behaviors as defined by the credit union's Fundamentals, which are part of the Workers Way culture program.

Education

• High School Diploma or Equivalent Required.

Experience:

• 3-5 years of experience managing both first mortgage and home equity loan files from initial disclosure through closing. Skilled in reviewing and validating borrower documentation, ordering third-party reports, reviewing underwriting conditions, and ensuring compliance with TRID and investor guidelines. Proficient in using loan origination systems (LOS), coordinating with internal teams and external partners, and maintaining clear communication with borrowers to ensure timely and accurate closings. Known for attention to detail, efficiency in pipeline management, and delivering exceptional service while upholding confidentiality and organizational values.

Knowledge/Skills/Abilities/Competencies:

• A successful Mortgage Processor possesses strong knowledge of mortgage products, regulatory guidelines (including TRID, RESPA, and HMDA), and loan processing procedures. Proficiency with loan origination systems, AUS platforms, and document management tools is essential. Key skills include attention to detail, strong organization, effective communication, and the ability to manage multiple files and deadlines simultaneously. The role requires a customer-focused approach, confidentiality, adaptability, and collaboration with internal teams and external partners to ensure efficient, compliant loan processing and exceptional member service.

Work Environment:

• Hybrid Work Environment: This position offers a hybrid work environment, combining remote work with regular on-site days at the Littleton Headquarters. This work environment is subject to change based on business needs.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• This is a largely sedentary role.
• While performing the duties of this job, the employee is regularly required to stand, talk, hear, and use hands and fingers to handle, feel or operate objects, tools, or controls and to reach with hands and arms.
• This role routinely uses standard office equipment such as computers, phones, photocopier/scanner, filing cabinets, and fax machines.

About Workers Credit Union: Since 1914, Workers Credit Union has existed to Improve the Daily Lives of our Members. We deliver on our core purpose by partnering with our members to help them make their best financial choices and improve their financial wellness. We call this The Workers Way and this is at the center of everything we do. Through our specialized financial counseling, we are pioneering a new member experience through high-touch service and convenient technology. We have grown to over 2.6 Billion in assets and serve over 120,000 members. We are one of the top performing credit unions in Massachusetts with big plans for the future!

Benefits:

• Comprehensive medical, dental and vision plans
• Basic life and AD&D insurance, short-term disability and long-term disability
• 15+ days of paid time off (PTO) per year
• Up to 16 hours of volunteer time off (VTO) per year
• 11+ paid holidays
• 401(k) that includes a Safe Harbor Match of up to 4%.
• Tuition Reimbursement Program
• Mental health resources including an Employee Assistance Program (EAP)
• Individualized learning and development programs

EEO Statement: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin