Mortgage Underwriter / Processor
This position is in person at Millbury Federal Credit Union 50 Main St, Millbury, MA
Monday- Friday 8:30 a.
m.
to 5 p.
m.
WE ARE HIRING!
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Mortgage Underwriter/Processor
The incumbent must have experience to underwrite and process 1st mortgages and home equity line of credit to determine eligibility of loan applications for sale and for portfolio.
Responsibilities include analyzing and verifying loan applications, evaluating risks and making loan eligibility decisions.
A successful candidate should be able to exercise sound judgment on detailed analysis and ensure that all documentation is in compliance with the relevant Federal, State, and Agency regulations/guidelines and CU policy/procedures.
Primary Responsibilities:
Maintain registered NMLS status as required by SAFE Act
Communicate with members and staff involved in the mortgage production function
Order, track, record and validate underwriting conditions
Approve and process 1st mortgages according to all federal and state regulations as well as agency guidelines ensuring compliance
Price and sell loans according to secondary market guidelines
Assist in HMDA preparation and the pre and post QC process
Ability to meet deadlines and prioritize work flow
Knowledge and Experience:
Experience in residential mortgages and / or home equity processing, underwriting and production.
Knowledge of Fannie Mae, Mass Housing, and FHLB policy/policies
Bachelor’s degree (BS) from a 4-year college of university in business or related field or equivalent or a combination of education and experience in mortgage processing.
A High School Diploma or GED required
Ability to meet deadlines and prioritize work flow
Ability to work independently or collaboratively when required
Strong math and analytical skills
Ability for evaluating risks associated with each application
Ability to effectively communicate in written and verbal form with members and colleagues
Knowledge of HMDA and notary helpful
Strong computer skills including MS Excel and Word; knowledge of MERS and Calyx LOS helpful
Working at Millbury Federal Credit Union:
MCU places strong emphasis on providing quality service to our members and you! MCU offers a family - friendly working environment and outstanding benefits which include: Medical, Dental, Vision & Prescription Coverage; 401(k) Retirement Plan; Tuition Assistance Program; Vacation, Personal and Sick time off and Paid Holidays; Salary commensurate with experience
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