Mortgage Lending Rep Position Available In Bedford, Tennessee

Mortgage Lending Rep Heritage South Community Credit Union – 4.5

Shelbyville, TN Job Details Full-time Estimated:

$35.9K – $43.1K a year 2 days ago Qualifications Mid-level High school diploma or GED Organizational skills Lending Communication skills

Full Job Description Description:

Purpose of Position:

The purpose of this position is to gather and analyze financial information on members and non-members for the purpose of determining qualifying status for all mortgage loan programs, including in-house and secondary-market mortgage products.

Duties and Responsibilities:

Develop mortgage loan business through member seminars and calls to realtors, contractors, and other institutions Interview loan applicants and assist members and non-members with the loan application process Provide all applicable disclosures for both fixed-rate and variable-rate loans Calculate closing costs and provide a Loan estimate of closing costs to mortgage applicants Process loan to include verification of employment, deposit accounts, and all liabilities in order to prepare application of verified information Obtain and evaluate credit bureau reports to determine credit-worthiness based on industry and policy standards Order appraisals from appraisers or secondary market lenders and evaluate real estate appraisal to ensure proper guidelines are followed and final value is properly determined Request flood certification to determine if property is or is not located in a flood zone Order title work from attorney or title company Identify critical missing documents, match them up with loan files Accumulate and organize incoming conditions for underwriter/mortgage originator to review Obtain copies of current policies for homeowner’s insurance and flood insurance (if applicable) and make sure that mortgage clause is in favor of the Credit Union or appropriate mortgage company Establish repayment and interest schedule based upon loan guidelines and rates Ensure each mortgage loan is processed accurately Prepare closing packages and coordinate closings with members, realtors and closing agents Coordinate delivery of loan packages to investors on secondary-market programs Maintain accurate records of insurance and taxes on all mortgage loans Cross-sell and refer other Credit Union services and products as members’ needs suggest Act as a liaison between loan officer and underwriter Responsible for servicing of all FICS loans and month end reporting of FICS loans 20. Process turn down applications 21. Perform other duties as requested by management

Requirements:

Qualifications of Position:

High school diploma or equivalent required Two years of residential mortgage lending or mortgage processing experience preferred Good organizational skills; multi-task oriented Excellent written and oral communication skills Personable; works well with others; and performs favorably under time constraints and demands