Mortgage Loan Assistant

Job Description

Job Description

You are a perfect match for our Credit Union!

The Mortgage Loan Assistant position is a key role at First Community and affords a rewarding career with competitive pay and excellent benefits. Opportunities abound to provide exceptional service while promoting our wide array of financial products and services. Employees who are successful in making referrals are eligible for monthly incentives.

Enthusiastic and outgoing individual can showcase their relationship building skills to enhance our customer banking experience. You will join a team of motivated, dedicated, and empowered employees who strive to provide superior service and conduct accurate transactions, while complying with policies, procedures, and regulatory banking requirements.

Requirements :

This position requires a high school diploma or equivalent and a proven track record in customer service. Secondary market lending experience is preferred. Familiarity with Byte loan origination software is a plus.

Must demonstrate a positive attitude, professional image, and be self-motivated and have the ability to manage multiple projects and tasks simultaneously with a high degree of accuracy. Must possess excellent oral and written communication skills.

Essential Functions :

• Assist Mortgage Loan Officers with originating and completing mortgage loan applications. May include following up on leads and scheduling in person and Zoom appointments for the Mortgage Loan Officer.
• Process secondary market quality real estate loans and reviews and evaluates all files for readiness prior to submission for underwriting.
• Utilize knowledge of secondary market guidelines to fully analyze employment, income, asset and credit information provided by borrowers.
• Contact members regarding items including but not limited to loan status, loan documentation, changes to loan terms, final loan conditions, etc.
• Apply basic property valuation knowledge for review of appraisals prior to underwriting.
• Maintain working knowledge of all Federal and Investor guidelines, including TRID in order to accurately apply them to loan files.
• Works closely with Mortgage Loan Processor to ensure all required reports and services are ordered, rates are locked and points calculated on each file.
• Perform basic administrative duties required to execute all tasks, i.e., scanning, filing, emailing, etc.
• Obtains required NMLS licensure and works with Training & Development to complete annual training required to maintain license.
• Adheres to established internal policies and procedures for compliance; completes required compliance training in a timely manner and complies with all regulations within scope of the position.
• Adheres to the requirements of the Bank Secrecy Act, OFAC, USA PATRIOT Act and anti-money laundering regulations.
• Accurately completes Currency Transaction Reports, follows internal procedures to report suspicious activity to the BSA Department, and collects required information to comply with the Customer Identification / Due Diligence Program and to meet other record keeping requirements defined by the Bank Secrecy Act.

Base Expectations :

Working Conditions :

Company's website : www.myfirstccu.org