Mortgage Set Up Specialist

    • Job Tracking ID: 512165-745378
    • Job Location: Westminster, CO
    • Job Level: Any
    • Level of Education: Any
    • Job Type: Full-Time/Regular
    • Date Updated: 10/06/2020
    • Years of Experience: Any
    • Starting Date: ASAP
    • Days of the Week: Mon,Tue,Wed,Thurs,Fri
    • Hours: full time 40hrs/wk M-F 8-5
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Job Description

ESSENTIAL FUNCTIONS:

            • Live our mission and corporate philosophy on a daily basis: Build Relationships and Add Value Everyday – B.R.A.V.E.

            • Build member relationships that deliver value and demonstrate that we care

            • Responsible for loan generation and goals set forth by the Credit Union

            • Ability to read and comprehend Mortgage 1003, and credit bureau reports

            • Process loan applications and collect required documents for mortgage and consumer loans

            • Understand and manage mortgage loan deadlines to ensure purchase contract compliance

            • Understand residential appraisal reports

            • Familiar with TRID guidelines (Loan Estimate and Closing Disclosure)

            • Order title work, mortgage payoffs and appraisals

            • Request 4506t Tax transcripts; correct all rejections and reorder

            • Request verification of employment on all loans

            • Request certifications and insurance documentation

            • Request home insurance policy updates and payoffs at processor request

            • Track outstanding items on loans files and follow up with

            • general clerical and phone support to MLO’s and processors as needed

            • Provide loan processors with assistance in moving loans quickly and accuratelyProvide Processors with assistance in moving loans quickly and accurately

            • Deliver Appraisals to borrower through LOS system

            • Work directly with loan origination system (Encompass)

            • Offer support to closing, servicing in scanning and collecting past due documents from title and insurance agencies

            • Perform other related duties as requested

  1. General clerical and phone support to loan officers and/or loan processors, as needed

  2. Work with management to provide support in various stages and areas of lending and processing as needed

  3. Assist in managing a pipeline consisting of conventional, FHA, VA, and USDA loans, along with 203K and reverse mortgage products

  4. Deliver appraisals and/or property valuations to the borrower and retrieve proof of receipt

  5. Track outstanding items on all loan files and follow up with customers to ensure timely receipt of necessary documentation

  6. General clerical and phone support to loan officers and/or loan processors, as needed

  7. Work with management to provide support in various stages and areas of lending and processing as needed

  8. Assist in managing a pipeline consisting of conventional, FHA, VA, and USDA loans, along with 203K and reverse mortgage products

  9. Deliver appraisals and/or property valuations to the borrower and retrieve proof of receipt

  10. Track outstanding items on all loan files and follow up with customers to ensure timely receipt of necessary documentation

  11. General clerical and phone support to loan officers and/or loan processors, as needed

  12. Work with management to provide support in various stages and areas of lending and processing as needed

  13. Assist in managing a pipeline consisting of conventional, FHA, VA, and USDA loans, along with 203K and reverse mortgage products

  14. Deliver appraisals and/or property valuations to the borrower and retrieve proof of receipt

  15. Track outstanding items on all loan files and follow up with customers to ensure timely receipt of necessary documentation

            • Provide excellent member service and/or facilitates product sales through various channels. Deepens member relationships through needs assessment and solution offerings from PMCU products and services

            • Support and participate in our Community Outreach programs

            • Ensure compliance with applicable regulations and corporate policies/procedures

            • Responsible for related functions as required or assigned

            • Strive to present oneself in a professional manner in all interactions and communications while displaying the highest levels of quality, honesty, integrity, confidentiality

            • Work with team members, management, departments, and business partners to promote excellent member service that is focused on providing prompt, accurate and positive member experience

            • Accountable for day to day interactions between members, coworkers, managers, and volunteers

            • Process various transactions when required

            • Work independently with minimal supervision

            • Exercise good judgment when seeking guidance, support, and/or direction

            • Maintain member and Credit Union privacy, security and confidentiality

 

KNOWLEDGE, EXPERIENCE AND SKILL REQUIREMENTS:

            • High school diploma, GED or equivalent

            • 2 + years financial experience with a minimum of one year of mortgage lending experience preferred, but not required

            • Excellent communication and member service skills

            • Understanding of regulatory and legal requirements

            • Have familiarity with conventional and government mortgage loan programs and guidelines

            • Have knowledge and familiarity with the Encompass Loan Origination System, Meridian Link, LoansPQ, Symitar Core Operating System or equivalent

            • Ability to pass Colorado Notary Certification program and STAMP Program

            • Excellent problem solving and computer skills

            • NMLS #

 

WORKING CONDITIONS

            • Standard office conditions

            • May require long periods of standing

            • Ability to lift 25 pounds in limited situations

            • Long periods of computer and member interactions

 

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

 

The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

 

Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

 

This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.

Experience and Skills

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