Mortgage Loan Coordinator II - Government
Wright-Patt Credit Union Beavercreek, OH
Wright-Patt Credit Union Beavercreek, OH
1 month ago
See who Wright-Patt Credit Union has hired for this role
Wright-Patt Credit Union Beavercreek, OH
1 month ago
- Report this job
Category
myCUmortgage
Job Location
Beavercreek, Ohio
Work Type
Variable
Position Type
Full-Time/Regular
myCUmortgage is hiring a Mortgage Loan Coordinator II - Government.The Mortgage Loan Coordinator II – Government expertly prepares and processes government mortgage loans in accordance with investor guidelines, ensuring completeness, accuracy and compliance while providing our partner credit unions with a thrilling, five-star experience.
- Pre-underwrites loan files by obtaining and assembling a complete loan package for Underwriting. Analyzes and records all incoming documents for compliance with loan eligibility. Verifies and validates supporting income, assets and liabilities. Reviews and verifies credit reports, credit supplements, property appraisals and title documents. Validates and/or updates data for accurate and complete mortgage applications. Identifies and anticipates additional conditions that the Underwriter may require. Verifies documentation provided by partner credit unions to clear outstanding conditions required by the Underwriter. The MLC II has the ability to clear a subset of predefined conditions approved by management. Reviews and manages daily production to meet allotted turn time SLAs. (60%)
- Provides expert guidance to myCUmortgage experts and partner credit unions. Develops and maintains a vast knowledge of government loan product guidelines for quick and accurate answers to partner credit unions. Maintains open communication with partner credit unions and underwriters to ensure proper and timely processing and submission of mortgage files. The MLC II is the main contact throughout the entire loan process until the loan is cleared. The Partner Credit Union contacts the MLC II with any questions throughout the process, and the MLC II is the main contact for both the title company and AMC. The MLC II also communicates and explains underwriting conditions in easy to understand terms for partner credit unions. Provides status updates on each mortgage-indicating process to partner credit unions. Ensures proper policies, procedures, risk mitigation activities, and operating controls are followed. Reports gaps in policies, procedures, and operating controls to leadership to ensure member impact and risk is mitigated. (25%)
- Reviews loans for compliance within all state and federal mortgage related regulations (e.g., RESPA, TILA, HMDA, Reg B, etc.) Validates and/or updates data for accurate and complete mortgage applications. Ensures system input is accurate, that LOS data matches the Automated Underwriting System and all required data fields are complete and accurate. (15%)
Required SkillsThe Mortgage Loan Coordinator II Government possesses the following knowledge and skills:
- A high school diploma or equivalent is required.
- Minimum of five years’ previous experience with first mortgages. Preference is for processing, underwriting and/or closing of first mortgages for FHA, USDA and/or VA experience.
- Demonstrated ability to provide outstanding service to partner credit unions.
- Demonstrated ability to learn and use the necessary software to complete job functions, especially credit unions’ core processing systems, mortgage loan origination and processing systems and third-party web sites.
- Excellent telephone manners and techniques.
- Demonstrated ability to analyze credit reports, automated underwriting decisions, property appraisals, title commitments, purchase agreements and other mortgage related documents, as well as prepare mortgage closing packages.
- Demonstrated ability to learn and adhere to federal and state regulations/laws as they pertain to mortgage lending.
- Must be familiar with Microsoft Office products.
-
Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Financial Services
Referrals increase your chances of interviewing at Wright-Patt Credit Union by 2x
See who you know
Get notified about new Mortgage Loan Coordinator jobs in Beavercreek, OH.
Sign in to create job alert
Similar jobs
-
Private Equity Associate
Private Equity Associate
Blacklock Financial
New York, United States
-
Private Bank Associate - Metro NYC - One Bryant Park
Private Bank Associate - Metro NYC - One Bryant Park
Bank of America
New York, NY
-
Investment Banking Associate
Investment Banking Associate
Blacklock Financial
New York, United States
-
Associate - Direct Lending
Associate - Direct Lending
CarterPierce, INC.
Chicago, IL
See AlsoWright-Patt Credit Union on LinkedIn: #wpcu #homeownershipmonth #home #house #mortgage #financialeducation…Tim Mislansky on LinkedIn: Am proud to have contributed my ladder holding skills as well as a little…Wright-Patt Credit Union hiring Mortgage Marketing Manager in Beavercreek, Ohio, United States | LinkedIn -
Private Equity Associate
Private Equity Associate
New York, United States
-
Private Equity Associate
Private Equity Associate
Blacklock Financial
Greater Houston
-
Associate, Private Credit
Associate, Private Credit
Bluestone Search
New York, NY
-
Investment Banking Associate | Private Capital Advisory
Investment Banking Associate | Private Capital Advisory
Jefferies
Dallas, TX
-
Associate, Private Equity Clients
Associate, Private Equity Clients
Third Bridge Group Limited
New York, NY
-
Asset Management Analyst
Asset Management Analyst
The Greene Group
New York, NY
-
Associate, Venture Capital
Associate, Venture Capital
Augment Jobs
California, United States
-
Private Equity Associate
Private Equity Associate
Almond Partners (Buy-Side Executive Search)
San Francisco Bay Area
-
Investment Banking Private Capital Advisory Associate - New York
Investment Banking Private Capital Advisory Associate - New York
Morgan Stanley
New York, NY
-
Investment Banking Analyst | Private Capital Advisory
Investment Banking Analyst | Private Capital Advisory
Jefferies
Dallas, TX
-
Private Equity Associate
Private Equity Associate
Taurus Search
New York, NY
-
Associate, Institutional Equity Division
Associate, Institutional Equity Division
Morgan Stanley
New York, NY
-
Private Equity Associate
Private Equity Associate
Korn Ferry
Miami, FL
-
Private Credit Associate
Private Credit Associate
Selby Jennings
New York, NY
-
Private Credit Associate
Private Credit Associate
Los Angeles Metropolitan Area
-
Portfolio Assistant
Portfolio Assistant
Silvercrest Asset Management
New York, United States
-
Associate Loan Processor
Associate Loan Processor
Builders Capital
Fort Lauderdale, FL
-
Private Bank Associate - Trust
Private Bank Associate - Trust
Bank of America
Portland, ME
-
Private Equity Associate
Private Equity Associate
Selby Jennings
Kansas City Metropolitan Area
-
Investment Banking Associate
Investment Banking Associate
Selby Jennings
New York, United States
-
Investor Relations Associate
Investor Relations Associate
Atlantic Group
New York, NY
-
Portfolio Associate
Portfolio Associate
Mach Partners
Dallas-Fort Worth Metroplex
People also viewed
-
Entry Level - Wealth Management Associate
Entry Level - Wealth Management Associate
Equitable Advisors
Greater Boston
-
Associate, Private Equity Clients
Associate, Private Equity Clients
Third Bridge Group Limited
Dallas, TX
-
Payments / Card Products and Services | Analyst | New York
Payments / Card Products and Services | Analyst | New York
Goldman Sachs
New York, United States
-
Investment Banking Associate, Aerospace & Defense
Jefferies
Charlotte, NC
-
Bank Teller
Bank Teller
ExtensisHR
Buena Vista, CO
-
Equity Analyst – Entry Level
Equity Analyst – Entry Level
PrincePerelson and Associates
Salt Lake City Metropolitan Area
-
Investment Banking Senior Analyst / Associate (Infrastructure Advisory)
Investment Banking Senior Analyst / Associate (Infrastructure Advisory)
Dartmouth Partners
New York, United States
-
Private Equity Associate
Private Equity Associate
Blacklock Financial
San Diego Metropolitan Area
-
Junior Financial Analyst
Junior Financial Analyst
Getaround
Los Angeles, CA
-
Private Equity Associate
Private Equity Associate
Selby Jennings
Chicago, IL
Looking for a job?
Visit the Career Advice Hub to see tips on interviewing and resume writing.
View Career Advice Hub