Mortgage Loan Processor I

When joining Elevations, you can expect to work for a company with: A leadership team that strives to make this the best place you’ve ever worked! A focus on supporting our employees’ mental, physical, and financial well-being A commitment to diversity, equity, and inclusion recognized by the Denver Business Journal and Colorado Association of Realtors A highly engaged workforce devoted to innovation, continuous improvement, and collaboration A reputation for excellence, as evidenced by being a two-time recipient of the Malcolm Baldrige National Quality Award A passion for consistently providing amazing experiences and creating raving fans Location Elevations Credit Union- Broomfield Basecamp Hybrid: Employees who are able to perform the essential functions of their jobs away from an Elevations location may do so with the expectation that they are onsite at least fifty percent of the time over a two-week pay period. Summary/Objective The Mortgage Loan Processor’s primary responsibility is to develop and drive an amazing customer experience for our members.

The professional in this position will be responsible for ensuring accurate, compliant and complete loan files, all while meeting every scheduled deadline and closing date. This position requires constant verbal and written communication with Loan Officers, external partners and others on the team while maintaining an outstanding positive attitude. Essential Functions.

Review new loan submissions within 24 hours of receipt. Order Verification of Employment, appraisal, title, etc. Submit a clean file to the Underwriting and closing teams, ensuring that all required documents are present, and the Loan Origination system is filled out in its entirety Work with the Loan Officer/Loan officer assistant team to obtain underwriting conditions and submit them back for a clear to close within 24 hours of receiving all the required conditions Oversee daily volumes, monitory Pipeline, and assist in meeting service level standards Collect and verify all documentation required such as member documents, Title work, credit supplements, fraud reports, homeowner’s insurance, tax transcripts and verifications of employment (VOEs), Verification of Mortgage (VOMs), Verification of Deposit (VODs), and Verification of Rent (VORs), income documentation, etc.

Proactive and timely communication to members and business partners on loan decisions and underwriting guidelines Adheres to all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA). Review new loan submissions within 24 hours of receipt. Reports To Mortgage Processing Manager Manages: This role does not have supervisory responsibility.

Required Skills, Education and Experience High school diploma or equivalent work experience Strong PC skills (MS Office) required Knowledge of federal lending regulations governing residential real estate lending Recent and consistent experience with all GSE investors, DU, LP and Preferred Preferred Skills, Education and Experience Associates degree preferred Technical knowledge relating to mortgage banking compliance, FHA, VA, Conventional and FNMA guidelines a plus Recent experience with Fannie Mae and Freddie Mac Experience working with Encompass Work Environment Elevations uses multi-factor authentication to keep our data safe. As such, a personal smartphone is a requirement for employment with us. This job operates in an office setting and routinely uses standard office equipment.

Requirements

Sitting frequently, walking occasionally, use of hands frequently, hearing constantly, talking frequently, exerting up to 10 lbs of force occasionally to lift, carry, push, pull, or move objects Position Type/Expected Hours of Work Full time / 40 hours per week Classification: Non-Exempt

Compensation

52+ monthly incentive.