Job Description

Home Loan Processor

Create your success story at Delta Community Credit Union where opportunity meets purpose. Through our commitment to excellence, Delta Community has received numerous industry awards and earned the trust and loyalty of our employees, members and the metro Atlanta community. We value talent, encourage growth and keep community at the heart of everything we do. That's why we're one of Atlanta's Best Places to Work! Whether you're starting your professional journey or navigating the next step in your career, we invite you to join the Delta Community Credit Union team.

The Home Loan Processor is responsible for reviewing and verifying mortgage loan documentation related to residential first and second mortgages. The Home Loan Processor must apply knowledge of Fannie Mae and Delta Community Credit Union underwriting guidelines and federal and state mortgage compliance regulations in the accurate and timely processing of each mortgage loan file. They must efficiently prioritize tasks and effectively communicate with other Residential Lending team members, third party vendors, and all borrowers is an integral part of this position.

This role is subject to SAFE Act Requirements (NMLS). Practices safety-conscious behaviors in all operational processes and procedures.

Essential Functions:

• Review and verify all documentation in mortgage loan file including information related to calculation of income, assets, liabilities and the credit report of each borrower.
• Initiate and follow up on requests for required documentation such as appraisals, title reports, flood certificates, homeowner's insurance, verification of employment, tax transcripts, fraud checks, mortgage insurance certificates and other applicable documentation.
• Ensure mortgage loan files meet underwriting submission guidelines for Fannie Mae, Delta Community Credit Union, or various industry investors.
• Submits mortgage loan files for underwriting approval using Fannie Mae Desktop Underwriter or manual underwriting methods.
• Responsible for maintaining current policies, guidelines, and compliance related to federal and state mortgage regulations, mortgage insurers, investors, and Delta Community Credit Union.
• Maintains ongoing lines of communication with internal team members, third party vendors, and borrowers by answering questions regarding loan qualifications, approval, or denial of each mortgage loan file.
• Ensure specified closing timelines are met on each mortgage loan file.

Other: This description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. This job description is subject to change at any time.

Position may offer work from home opportunities, pending specific performance and departmental needs.

Job Qualifications: Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Required Minimum Qualifications:

• High School Diploma or equivalent.
• 2+ years of mortgage loan processing experience using Fannie Mae Guidelines.
• Knowledge of federal regulations including but not limited to: RESPA, HMDA, ECOA, FCRA, FDPA and REG Z.
• Ability to competently coordinate activities with underwriters, attorneys, appraisers and credit union members.
• Excellent communication skills, both oral and written.
• Complies with all Credit Union policies and procedures including those related to Bank Secrecy Act regulations.

Preferred Qualifications:

• Bachelor's degree in business or related field of study.
• Extensive knowledge of mortgage lending programs including FHA, VA, and various industry investor mortgages.
• Fannie Mae desktop underwriter experience.
• Previous experience with Encompass Loan Origination Software in the past 3 years

Employee benefits include:

• Medical, Dental and Vision Coverage
• Basic Life and Accidental Death & Dismemberment Insurance, Long Term Disability, Employee Assistance Program and MyAdvocate
• Supplemental Insurance or Voluntary Insurance
• 401(k) Plan with Company Match
• Vacation, Holidays and Personal Time Off
• Paid Maternity and Paternity Leave
• Pre-tax Health and Dependent Care Spending Accounts
• Benefit Choice Program
• Health Reward Dollars
• Discount on Gym Reimbursement and Identity Theft Programs
• Legal Services

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