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The Mortgage Processor/Closer’s primary duties consist of interacting with applicants, attorneys and underwriters to process loan documentation, including: disclosures and commitment letters, calculating debt position and loan to value, preparing loan closing documents and performing post-closing review in accordance with FNMA/FHLMC guidelines. Ability to read, analyze, and interpret financial reports, procedures, legal documents and external regulations; Intermediate math skills (adding, subtracting, multiplying, dividing, percentages, proportions, fractions, interest) are required.

Liberty Bay Credit Union is one of the oldest and most established credit unions in New England with over 100 years of operations. We remain among the oldest, largest, and most highly capitalized credit unions in the United States. The Braintree-based credit union is a cooperative, non-profit financial institution that offers a full range of financial services to individuals and business members.Our mortgage lending department is responsible for originating, processing, underwriting, and servicing mortgage loans. The Mortgage Processor/Closer’s primary duties consist of interacting with applicants, attorneys and underwriters to process loan documentation, including: disclosures and commitment letters, calculating debt position and loan to value, preparing loan closing documents and performing post-closing review in accordance with FNMA/FHLMC guidelines. Responsibilities<ul><li>Process loans from origination to close in compliance with established regulations and guidelines.</li><li>Assist members with the loan application process and promote the Credit Union’s products.  </li><li>Provide administrative assistance to the loan originator and staff</li><li>Calculate closing costs, including mortgage insurance and escrow accounts, and provide a loan estimate for closing costs to the member.  Interact with attorneys on loan closings by providing necessary information, coordinate disbursements, make arrangements for loan closings, and verify all documentation.</li><li>Order and verify credit report, flood, real estate appraisal and title work to ensure proper guidelines are followed.</li><li>Ensure all loan notifications, commitment letters, disclosures and re-disclosures are complete, accurate and distributed to applicants as required. Ensure all conditions are met prior to closing.</li><li>Maintains a closing and funding schedule to ensure all transactions are properly disbursed in accordance with established timeframes.</li><li>Maintains up-to-date knowledge of all applicable LBCU, Secondary Market, State and federal laws, regulations, policies, procedures and guidelines.</li><li>Have a sense of urgency and professionalism in all aspects of the position.</li></ul>Requirements<ul><li>A minimum of  3-years experience in a mortgage processing and/or servicing environment (or equivalent) </li><li>An Associate’s Degree in Business Administration, Accounting, (or equivalent education/experience)</li><li>Proficiency with computer software applications is required</li><li>Professional, well-developed interpersonal and communication skills are essential. </li><li>Ability to respond professionally to varied inquiries from members; ability to influence subordinates; and ability to effectively communicate and present information to a wide range of audiences including senior management. </li><li>Thorough knowledge of all credit union products, services, and procedures; external State and Federal rules and regulations for lending and credit. </li><li>Ability to read, analyze, and interpret financial reports, procedures, legal documents and external regulations;    </li><li>Intermediate math skills (adding, subtracting, multiplying, dividing, percentages, proportions, fractions, interest) are required.</li></ul>BenefitsWe offer an extremely generous benefits package:<ul><li>Health care plan (Employer paid)</li><li>Retirement plan (401k)</li><li>Life Insurance</li><li>Paid Time Off (vacation, sick, holidays)</li><li>Family Leave (maternity, paternity)</li><li>Short Term & Long Term Disability</li><li>Training & Development</li><li>Wellness Resources</li></ul><a class="external" href="https://apply.workable.com/liberty-bay-credit-union-1/j/DC6683DB28/apply/" rel="nofollow noreferrer noopener">Apply for this job</a>

Liberty Bay Credit Union

Mortgage Processor / Closer

Workable

The ideal candidate will demonstrate excellent interpersonal and customer service abilities while working efficiently within deadlines, contributing to the overall success and integrity of Ironhorse Funding's operations. Ironhorse Funding is a leading provider of innovative, technology-driven, full spectrum finance solutions to consumers and dealers in the motorcycle, powersports, RV, and marine markets.

HOUR

TEAM IRONHORSE! Best. Team. Ever.Join Ironhorse Funding LLC as a Full-Time Loan Processor and elevate your career in a dynamic, onsite environment located in Beverly, MA. This role offers an exciting opportunity to work alongside a passionate team dedicated to serving and helping clients achieve their financial goals. With a competitive pay range of $23.57 to $30.72 per hour, your hard work and commitment will be rewarded in a high-performance culture that thrives on energy and teamwork. At Ironhorse Funding, you'll be part of the best team ever, where adaptability and integrity are celebrated daily.You will have benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, Competitive Salary, Paid Time Off, Generous PTO and holiday schedule, and generous 401k with employer match and immediately vested. Success Sharing Program for all employees! If you are ready to make a meaningful impact in finance and be a key player in a collaborative setting, we encourage you to apply today.<h3 style="text-transform:uppercase">Hello, we're Ironhorse Funding LLC</h3>Ironhorse Funding is a leading provider of innovative, technology-driven, full spectrum finance solutions to consumers and dealers in the motorcycle, powersports, RV, and marine markets. We provide customers across the entire credit spectrum access to financing and refinancing programs with competitive rates and flexible terms through our direct-to-consumer and dealer programs. We want every customer to have access to financing for their dream ride. We have an immediate need for a Loan Processor to join our team located in Irving, TX. You will support the loan processing needs for the organization for Motorcycle, Powersports, RV and Marine assets. This role is ONSITE Monday to Friday 8am-5pm or 830am -530pm. Weekend hours may be required.<h3 style="text-transform:uppercase">Make a difference as a Loan Processor</h3>The Loan Processor at Ironhorse Funding LLC plays a crucial role in ensuring the timely and accurate handling of documentation for approved loan applications. Responsible for receiving and tracking incoming documentation, this position demands a thorough review to meet quality and content standards. Candidates must possess a comprehensive knowledge of all lending programs managed by the company and effectively communicate results to various internal and external parties. Adherence to local, state, and federal laws is essential, along with completion of required training, including AFSA. Core competencies such as time management, adaptability, attention to detail, and strong communication skills are necessary to thrive in this role.The ideal candidate will demonstrate excellent interpersonal and customer service abilities while working efficiently within deadlines, contributing to the overall success and integrity of Ironhorse Funding's operations.<h3 style="text-transform:uppercase">Would you be a great Loan Processor?</h3>To excel as a Loan Processor at Ironhorse Funding LLC, a blend of technical skills and personal attributes is essential. Candidates should have strong time management and organizational skills to efficiently manage multiple loan processing tasks within deadlines. Adaptability is key in navigating various lending programs and regulatory requirements.Attention to detail is critical, as accuracy in reviewing loan documentation directly impacts client satisfaction and compliance with laws. Excellent written and verbal communication skills are necessary to convey complex information clearly to internal and external stakeholders. Interpersonal and customer service skills will enhance collaboration with team members and clients.Familiarity with installment lending and relevant experience in processing documentation for motorized collateral, such as motorcycles or RVs, is advantageous. Proficiency with current technology and software to evaluate and manage documents will support effective processing and documentation review in this fast-paced financial environment.Must be authorized to work in the US without present or future sponsorship.<h3 style="text-transform:uppercase">Make your move</h3>If you have these qualities and meet the basic job requirements, we'd love to have you on our team. Apply now using our online application!

Ironhorse Funding LLC

Loan Processor - Consumer Lending

Talent Acquisition

ADAPTED_NOW

Closes approved loans; completes all necessary loan documents to close the file; and prepares payroll designation and all other related documents to bring to completion. Professional and pleasant interpersonal and communication skills are essential for servicing Credit Union members and projecting a positive image as representative for the Credit Union.

*This is not a remote position *Primary Function:Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members and potential members in the lending process. Prepares, analyzes, processes, and documents all required forms and documentation for consumer loan products. Provides member and departmental support for all aspects of consumer loan and consumer loan servicing within the Credit Union. Handles all member transactions with complete discretion and confidentiality. This is a Mid-Level position.Essential Duties and Responsibilities:<ol><li style="text-align:left">Coordinates with consumer loan applicants in person, by phone and/or electronically and assists member in providing information, answering questions, and completing loan application.</li><li style="text-align:left">Ensures that all members and potential members feel welcomed to the Credit Union and are supported professionally in the process.</li><li style="text-align:left">Requests and reviews all required information and documentation to secure a consumer loan and researches discrepancies.</li><li style="text-align:left">Interviews and originates potential consumer loan applicants for approval and/or denial.</li><li style="text-align:left">Answers questions for members throughout the process. Explains the loan process to include loan options, insurance required on Credit Union loan products, loan policies, interest rates, payoffs, etc.</li><li style="text-align:left">Prepares credit investigation and verification for related applications.</li><li style="text-align:left">Verifies contents and completion of approved loan folders and inputs on the computer system.</li><li style="text-align:left">Maintains a filling system and procedures to monitor that the required documentation is received in a timely manner and maintained appropriately and according to policies and procedures.</li><li style="text-align:left">Closes approved loans; completes all necessary loan documents to close the file; and prepares payroll designation and all other related documents to bring to completion.</li><li style="text-align:left">Processes daily mail payments for consumer loans, when assigned.</li><li style="text-align:left">Informs members of Credit Union products and services, explaining features and benefits; cross-sells products and services when appropriate and within scope of responsibility.</li><li style="text-align:left">Functions as needed to positions within the Loan Origination/Servicing Department as required.</li><li style="text-align:left">Cross-trains and performs all positions within the Loan Department.</li><li style="text-align:left">Responsible to maintain and control lending file folders.</li><li style="text-align:left">Coordinates documentation and maintains up-to-date files.</li><li style="text-align:left">Provides backup support for Lending Reception desk and related department mailings.</li><li style="text-align:left">Attends training sessions upon request.</li><li style="text-align:left">Adheres to the anti-money laundering policy and the Bank Secrecy laws.</li><li style="text-align:left">Assumes other duties as new products, services, or technology are introduced.</li></ol>Note: The above is a description of the ordinary and essential duties of the position. Other duties both related and unrelated to the above may be assigned and therefore required.Knowledge, Skills, and Experience Required:<ol><li style="text-align:left">Professional and pleasant interpersonal and communication skills are essential for servicing Credit Union members and projecting a positive image as representative for the Credit Union.</li><li style="text-align:left">General knowledge of all Credit Union products and services as well as credit procedures (required).</li><li style="text-align:left">Requires education equivalent to a four-year high school education. Proficiency with computer software applications including Word and system applications is required.</li><li style="text-align:left"> Two years of experience in a bank, Credit Union, or mortgage company (required).</li><li style="text-align:left">Position requires the ability to read and understand oral and written instructions. Requires the ability to effectively communicate with members or employees and to solve day-to-day problems involving several variables in standard situations.</li><li style="text-align:left">Intermediate mathematical skill required (adding, subtracting, multiplying, dividing, percentages, interest).</li></ol> Disclaimer:The above information on this position has been designed to indicate the general nature and level of work performed by employees within its classification. It is not designated to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Mass Bay Credit Union

Consumer Loan Processor

Mass Bay Credit Union Jobs

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Mortgage Processor / CloserLiberty Bay Credit Union

Loan Processor - Consumer LendingIronhorse Funding LLC

Consumer Loan ProcessorMass Bay Credit Union

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