Job Details
Job Location
Real Estate Center - Corpus Christi, TX
Position Type
Full Time
Description
PRIMARY OBJECTIVE OF POSITION
Order vendor products for newly originated loans, mail disclosure notices to members, and deliver data and documentation to our investors and sub-servicing partner for loan boarding.
Essential Job Functions
- Prepare loan estimates with details from purchase contracts and update closing dates, all contact information for realtors/seller/title company, fees, seller credits, earnest money deposits, tax proration, and escrow amounts.
- Request appraisal, insurance, and title work for each loan.
- Mail disclosure notices to members for all loan applications.
- Assign loans to mortgage processors.
- Ensure loan has boarded correctly to NACCU and sub-servicer system.
- Upload all mortgage documentation for each newly originated loan to sub-servicing partner and to NACCU optical system.
- Enter and submit wire for escrow accounts.
- Ensure original mortgage note and deed are properly filed and scanned or delivered to the investor when loan is secondary.
- Maintain tracking and delivery of trailing documents such as recorded title policy, deed, and Texas home equity security instrument to ensure completion by third party and delivered to Investor when loan is secondary.
- Review all signed closing documents for completion to allow funding approval.
- Retrieve missing signatures from mortgage loan originator, member and title company.
- Balance funding notes to the closing disclosure to ensure accurate funding request.
- Prepare/mail checks and/or wire requests for payments to all parties involved in loan.
- Ensure accuracy of ACH and mailing addresses for NACCU and sub-servicing.
- Ensure PASS on all compliance and HMDA checks.
- Back up Mortgage Servicing Representatives when needed.
- Deliver paid in full documentation requests to sub-servicing partner.
- Manage and maintain a clean lobby area and member traffic.
- Greet members, address inquiries on mortgage questions.
- Answer incoming calls and route to appropriate personnel.
- Cross sell Credit Union services.
- Follow current policies and procedures set by the Board of Directors.
- Comply with financial industry rules and regulations as required by law.
- All other duties assigned:
RELATIONSHIPS AND CONTACTS
Reports To: Mortgage Processing Manager
Contacts: Frequent contact with members, mortgage personnel, and third-party services.
JOB SPECIFICATIONS
Most important to this position are reliability, accuracy, timeliness, organizational skills, and follow-through and communication skills. This position requires basic mathematical and general business knowledge. Preferred knowledge of federal and state laws and regulations governing mortgage lending including but not limited to HMDA, RESPA, REG Z, and ECOA compliance.
EDUCATION
High School Diploma/GED.
Experience
Two (2) years progressive administrative/clerical experience and customer services skills. Financial and mortgage experience preferred.
Physical Requirements
Wrist / hand movement is inherent in the job, restriction to workstation for extended periods of time. Ability to hear for frequent telephone communications is necessary. Vision abilities required by this job include close vision for frequent viewing of computer monitor and review of documents.
Equipment Skills
Personal computer with windows environment, copy machine, typewriter, telephone, calculator, and fax machine.
The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as detailed description of all work requirements that may be inherent in the job