Process mortgage applications, obtaining, verifying and documenting all information. Submit application to underwriting for decision. Prepare and obtain all closing documents for delivery to the title company for closing, assuring to secure Meritrust’s lien position.
The following duties are normal for this position. These are not to be construed as exclusive or all-inclusive. Other duties may be required or assigned.
Serve as the point of contact for members, realtors, title companies and all areas related to Real Estate Lending,
Provide unsurpassed support for both internal and/or external customers.
Process all mortgages in a through, efficient and timely manner.
Co-ordinate closings between The Member, Title Company and Realtor.
Prepare and deliver accurate closing documents to title company in a timely manner.
Deliver mortgages to secondary market in such a way as to prevent potential loss and
Ensure that documents to include mortgage note is delivered to secondary market in a timely manner in order to mitigate any loss to The Credit Union.
Conduct Post closing activities on all files verifying completeness and accuracy of all data.
Cross sell Meritrust products and services.
Process mortgage loans; order and review title searches, title opinions, appraisals, flood certificates, credit reports and all other related documents necessary to ensure legal and procedural/policy compliance requirements are met.
Satisfy any requirements mandated by The Loan Prospector Automated Underwriting System.
Submit loan packet to underwriter for approval and clearing of all requirements.
Clear all conditions required by underwriter as applicable.
Prepare and obtain all closing documents for delivery to title company for closing, assuring Meritrust requirements are met.
Work directly with Secondary Marketing Representative to lock rate for mandatory delivery to the Secondary Market.
Conduct post closing activities on all secondary and portfolio files which includes, verifying for completeness and accuracy, execution of note assignment to investor.
Contribute to the team effort to ensure Meritrust meets company-wide goals and the Strategic Plan annually.
Provide quality member service by protecting confidential personal data.
Present a positive image of the credit union through a professional appearance and courteous attitude.
Excellent oral/written communication and problem solving skills.
Working knowledge of computer programs including Microsoft Word and Excel.
High School Diploma or equivalent
Two to four years member service experience
One to three years mortgage-lending experience