Mortgage Processor II

APGFCU - Your Community Credit Union! For over 80 years, APGFCU has shared our financial experience and provided valuable products and services to build stability and financial independence, one member at a time. We are looking for those who want to join this movement and become a part of a growing organization. We offer competitive pay and great benefits.

Summary: Under the direction of the Assistant Vice President of Mortgages, the Mortgage Processor II will process mortgage loan files and assist members in submitting a completed application in accordance with established APGFCU policies and procedures, as well as investor guidelines. The Mortgage Processor II will complete a general evaluation of the mortgage loan application and initial disclosures, along with completing a thorough evaluation of credit, income and asset documentation. The Mortgage Processor II will work closely with the member(s), loan officer and underwriter to ensure approval conditions are satisfied and work to obtain all necessary documentation required for approval. The Mortgage Processor II will use automated underwriting systems and Conventional, VA, USDA, FHA and APGFCU Portfolio selling guides.

Essential Duties and Responsibilities:

• Process mortgage loans according to established APGFCU policies and procedures and investor guidelines
• Consistently and effectively manage a loan pipeline of up to 50 loans
• Closely monitor loan pipeline to guarantee loan commitments are met unless attributed to member delay.
• Review loan application, initial disclosures and signed initial disclosures for completeness and accuracy
• Review loan application, credit report and AUS Findings to validate loan viability and to identify missing information and/or documentation
• Able to analyze income, asset and collateral documentation (including pre-underwriting for self-employed income)
• Manage the placement, tracking and receipt of appraisal, title, flood orders and Private Mortgage Insurance as needed
• Apply knowledge of the various government forms and worksheets associated with Mortgage Financing
• Negotiate with investor underwriters to eliminate any barriers. Partner with appraisers, sales agents, and third parties to procure required documentation
• Communicate weekly loan status updates to credit union members and sets appropriate expectations for the timely return of documentation
• Responsible for ensuring rate lock commitments are met
• Provide courteous and expedient member service with regard to telephone inquiries, mail, internet or face to face interaction
• Effectively partner with mortgage consultants and underwriters alike to accelerate loan turn-time and to enhance the member experience

STAFF SUPPORT: Provide back up support to mortgage consultants and closers as needed, or in their absence.

EDUCATION: High School Diploma with two years additional specialized course/training. Associates degree preferred. Experience may be credited in lieu of education.

Additional: Responsible for completion of applicable training and compliance on federal regulations and APGFCU policies and procedures as related to the duties of this position (Bank Secrecy Act, Information Security as examples, if applicable).

EXPERIENCE: Four to six years of mortgage processing experience preferred.

Consumer loan underwriting experience preferred. Knowledge of FNMA guidelines, FHA, VA and USDA. Able to verify income for wage earners and self-employed borrowers. Proven success in managing a large pipeline.

ADDITIONAL:

• Excellent oral and written communications and interpersonal skills required.
• Ability to prioritize to meet deadlines.
• Make decisions based on established guidelines.
• Position requires innovative thinking with ability to learn quickly while adapting to a fast-paced environment. Innovative and team-oriented.

KNOWLEDGE, SKILLS & ABILITIES: History of meeting/exceeding service levels and/or production goals directly correlated to corporate and department objectives. Strong interpersonal skills building and maintaining professional relationships with co-workers and vendors. Excellent verbal and written communication skills. Strong organization and time management skills to effectively prioritize objectives. Works to achieve goals in spite of barriers or difficulties; pursues objectives with energy and persistence.

PHYSICAL DEMAND: 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to stand; walk; use hands to finger, handle, or feel objects, tools, or controls; and talk or hear. The employee frequently is required to reach with hands and arms. The employee is frequently required to sit, stoop, kneel, or crouch. The employee must frequently lift and/or move up to 25 pounds, and be capable of transporting related supplies and equipment. Specific vision abilities by this job include vision, distance vision, color vision, peripheral vision, depth perception and the ability to focus.

Compensation information: Offers are based on experience and education.

$27.72 - $34.65 hourly

APGFCU provides comprehensive benefits such as: medical and dental (shared expense), vision, 401(k), life and disability insurance, flexible spending account, employee assistance program, referral program, educational assistance, holidays, annual leave and sick leave.

APGFCU is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability to Protected Veteran status. Please use the attached link to view the EEO law poster http://www1.eeoc.gov/employers/poster.cfm

APGFCU is committed to working with and providing reasonable accommodations to persons of all abilities, including persons with disabilities. If you need a reasonable accommodation for any part of the employment process, please send to the Human Resources Department and let us know the nature of your request and your contact information. Reasonable accommodations are considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodations will be responded to from this e-mail address.