Mortgage Loan Processor (Administrative)
Thank you for your interest in a career with Centra. A career at Centra Credit Union is more than a job; it is an opportunity to make a meaningful impact in our Members' financial lives and our communities. Centra was established in 1940 and is headquartered in Columbus, Indiana. Centra is ranked among the top five largest credit unions in Indiana and among the most financially sound institutions in the United States. Centra serves Membership throughout central and southern Indiana as well as other areas like Jamestown, NY, and Whitakers, NC. Centra Team Members enjoy excellent benefits, an atmosphere that fosters family and work-life integration, a heritage of strong values, a high level of Team Member engagement in the achievement of results, and the opportunity for growth with the Centra Family. Credit Unions are Not for Profit, Not for Charity, But for Service. If these are the things that matter to you then please read on, we look forward to hearing from you.
Centra Credit Union has an exciting opportunity for a Full Time Mortgage Loan Processor in Columbus, Indiana. This position is responsible for being the point of contact to assist the Mortgage Loan Consultants with mortgage applications and processing files. This position will order, track, review, and coordinate all the conditions/documents required to ensure each mortgage file is complete and accurate. This position will also guide the files through all aspects of the process ensuring deadlines are met and loans are closing in a timely manner.
The minimum starting wage for this opportunity is $23.06 per hour.
Spanish/English interpreters may be eligible for an interpreting differential.
ESSENTIAL FUNCTIONS: This position may be required to perform additional duties as requested. Reasonable accommodations may be made to enable individuals with disabilities to perform.
- Manages an active pipeline of 30-40 loans of both purchase and refinances with both Conventional and Government loans (FHA, USDA, VA)
- Provides support to the Mortgage Loan Consultants and other Team Members concerning any questions, outstanding loan conditions, file status, and moving the file through the process.
- Prepares an initial credit review and sets conditions according to Investor and Centra
- Reviews all income and asset documentation. Calculates income from paystubs and W-2s and orders/reviews any employment verifications needed and validates sufficient funds needed to close.
- Orders all 3rd party services including appraisals, title work, flood certificates, verifications of employment.
- Prepares and submits file for initial underwriting if needed, follows up on any missing conditions and submits the file for final review once file is ready to close.
- Maintains an observable sense of urgency in the execution of all job functions and duties, ensuring that turn times are met or exceeded.
- Processes denied and withdrawn files, updates Home Mortgage Disclosure Act (HMDA) information.
- Maintains compliance with all TILA RESPA Integrated Disclosure (TRID) defined change of circumstances and rate locks.
EDUCATION & EXPERIENCE – (Equivalent combination of Education & Experience will be considered.)
- High school diploma or general education degree (GED)
- 2 years related experience and/or training
Centra Credit Union is an Equal Opportunity Employer.
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