Mortgage Loan Processor

Company: Park Side FCU
Location: Missoula
Posted on: May 21, 2023

Job Description:

Department: Lending Grade: 8Reports To: Loan Manager Classification: Non-ExemptRole:To assist members with their loan applications; process and make loan disbursements. Ensures the quality control standards on all loan documents meet credit union and regulatory requirements. Prepares mortgage loan documents and assists the mortgage department in accurately processing all necessary loan documents.Essential Functions & Responsibilities:Reviews residential real estate and consumer loan application files to verify that application data is complete and meets credit union standards, including type and amount of loan, borrower assets, liabilities, and length of employment.Obtains necessary mortgage loan documentation by ordering credit report, property appraisal, title insurance and related information.Works with third parties as necessary.Follows up with Loan Officer to determine status of loan.Once loan is approved by Loan Officer, process approved loans and coordinates date and time to close the loan and make disbursements.Maintains member confidence by responding to inquiries and keeping all member information confidential.Improves job knowledge by participating in educational opportunities.Accomplish credit union mission by completing related results as needed.Answers member phone calls.Performs other job related duties as assigned.Performance Measurements: Produce loan documents, reports, and new accounts in a timely and accurate fashion. Accurately prepare file for underwriting. Accurately review, organize and complete member loan files. Provide friendly, accurate, professional service to members and associates by responding to messages and correspondence. Meet or exceed the minimum established individual goals each month. Develop and maintain knowledge of mortgage products and rates within the credit union and from the mortgage industry.Knowledge, Skills and Abilities:Experience Minimum 1 year of similar or related experience. Mortgage Loan processing experience with good knowledge of residential mortgage loan documentation desired.Education A high school education or equivalent.Interpersonal Skills A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature. Work may involve motivating or influencing others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary.Other Skills1. Must have excellent oral and written communication skills.2. Must have computer skills with working knowledge of Microsoft Word, Excel, and basic email functions.3. Must have excellent time management, attention to detail and organizational skills.4. Must have the ability to prioritize multiple tasks and manage time effectively.5. Must have the ability to prioritize tasks and be willing to adjust to changing job demands.Physical Requirements:Communicating Especially where one must frequently convey detailed or important instructions or ideas accurately and efficiently.Hearing ability Able to hear average or normal conversations and receive ordinary information.Finger dexterity Using primarily just the fingers to make small movements such as keyboarding, picking up small objects, or pinching fingers together.Repetitive motion Movements frequently and regularly required using the wrists, hands, and/or fingers.Visual ability Average, ordinary, vision necessary to prepare or inspect documents or products, or operate machinery.Physical strength Sedentary work; standing occasionally for periods of time. Exerts up to 30 lbs. of force occasionally.Work Environment Standard office setting; Some travel may be required

Keywords: Park Side FCU, Missoula , Mortgage Loan Processor, Other , Missoula, Montana