Mortgage Loan Processor jobs in Saginaw, MI
Mortgage Loan Processor performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Being a Mortgage Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Mortgage Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Mortgage Loan Processor works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Recently Added Mortgage Loan Processor jobs
Mortgage Loan Processor
- ELGA Credit Union
-
Grand Blanc, MI
FULL_TIME
-
ELGA Credit Union
Mortgage Loan Processor
Department: Mortgage
Reports To: Director of Mortgages
Classification: Non-Exempt
Supervises Direct: 0
Supervises Indirect: 0
Role: To ensure that required mortgage documentation is requested, reviewed timely and issues are addressed prior to final underwriting.
Essential Functions & Responsibilities:
35% = Reviews residential loan application files to determine what documentation is required in accordance with product guidelines and credit union policies and procedures.
15% = Communicates with mortgage loan originators and/or members to ensure understanding of what documentation is required.
15% = Collects required documentation including ordering third party documents as applicable to each loan approval.
10% = Acts as a liaison and subject matter expert to external members, internal members and third party vendors.
10% = Verifies all documentation ensuring it is complete, accurate and in compliance with product guidelines, credit union policies, procedures, federal and state regulations.
5% = Submits files to underwriter when appropriate.
5% = Acts as a back-up to the mortgage loan closer.
5% = Performs other related duties as assigned.
Performance Measurements:
1. To take full responsibility for your own success with no excuses and add comments to performance management system on a weekly basis.
2. Complete set-up of file including organizing documents into appropriate tabs, verifying disclosures and ordering third party items then submit file for initial underwriting within 48 hours of receipt.
3. Communicate conditions to loan originator and/or member within 24 hours of receipt of the file from initial underwriting. Work with loan originators and/or members to obtain required documentation.
4. Verify documentation is complete, accurate and in compliance with product guidelines as well as credit union policies and procedures. Submit file for final underwriting within 48 hours of receipt of documentation for final condition.
5. To continually update knowledge of credit union products, compliance, sales skills, and self
improvement by completing online training courses, fully participating in individual and group
training offered by credit union trainers, reading business related/self improvement books, and
taking outside courses. To maintain working knowledge of all mortgage products and rates, both within the credit union and from the industry overall.
6. To meet established expectations of ELGA's Core Factors including but not limited to Accountability, Attitude, Communication, Competence, Continuous Improvement & Innovation and Relationship Building.
7. To support other associates and to take the initiative to offer help when needed.
Knowledge and Skills:
Experience : Minimum of six months of related mortgage experience. Mortgage processing experience preferred.
Education: (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills
1.Must be registered with NMLS in accordance with the SAFE ACT.
2.Must have good communication skills. Ten key calculator, typewriter and keyboard skills.
This Job Description is not a complete statement of all duties and responsibilities comprising the position. - 18 Days Ago
Mortgage Loan Processor II
- Michigan Credit Union League
-
Midland, MI
FULL_TIME
- Organization: Members First CU Date Posted: January 10, 2024 Region: Mid-Michigan Location of Position: Midland Position Level: Entry Are you an experience Mortgage Processor who is passionate about h...
- 12 Days Ago
Mortgage Loan Originator
- USA Mortgage
-
Flushing, MI
FULL_TIME
- DescriptionWho We AreAt DAS Acquisition Company, LLC. (USA Mortgage), our mission is the unrelenting pursuit of perfection. We pride ourselves on the superior level of service that our status as a mor...
- 2 Days Ago
Mortgage Loan Officer
- Guardian Mortgage Company, Inc
-
Grand Blanc, MI
FULL_TIME
- Company DescriptionGuardian Mortgage Company, Satisfying Customers Since 1965Guardian Mortgage has been in the mortgage lending and servicing business in Southeastern Michigan and North Central Texas ...
- 1 Month Ago
Mortgage Loan Originator Assistant
- Guardian Mortgage Company, Inc
-
Grand Blanc, MI
FULL_TIME
- Company DescriptionGuardian Mortgage Company, Satisfying Customers Since 1965 Guardian Mortgage has been in the mortgage lending and servicing business in Southeastern Michigan and North Central Texas...
- 1 Month Ago
Retail Mortgage Loan Officer
- Guardian Mortgage Company, Inc
-
Grand Blanc, MI
FULL_TIME
- Company DescriptionGuardian Mortgage Company, Satisfying Customers Since 1965Guardian Mortgage Company, Satisfying Customers Since 1965 Guardian Mortgage has been in the mortgage lending and servicing...
- 1 Month Ago
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0 Mortgage Loan Processor jobs found in Saginaw, MI area
Quality Technician
- Utility Staffing
-
Saginaw, MI
- Are you looking for a new opportunity in Saginaw, MI? Utility Staffing Group is currently hiring Quality Technician for ...
- 4/23/2024 12:00:00 AM
Financial Consultant
- Hantz Group
-
Saginaw, MI
- Job Description Job Description Hantz Group is a Michigan-based financial company that works with individuals and busine...
- 4/23/2024 12:00:00 AM
CDL Driver
- Beacon Roofing
-
Flint, MI
- Overview (EN): Joining Beacon Building Products as a CDL Driver means becoming part of a values-driven organization. Our...
- 4/22/2024 12:00:00 AM
Account Executive (Flint, MI)
- Confidential
-
Flint, MI
- JOB TITLE: Account Executive DEPARTMENT: Sales (Staffing/Recruiting) REPORTS TO: Senior Vice President FLSA STATUS: Exem...
- 4/22/2024 12:00:00 AM
Customer Experience Banker (Bay City, MI)
- Huntington National Bank
-
Bay City, MI
- Customer Experience Banker (Bay City, MI) page is loaded Customer Experience Banker (Bay City, MI) Apply remote type Off...
- 4/22/2024 12:00:00 AM
Truck Driver - Class A (Days)
- Core-Mark
-
Saginaw, MI
- Company Description Core-Mark, a Performance Food Group Company, is part of a Fortune 150 company that continues to grow...
- 4/22/2024 12:00:00 AM
National Account Manager
- Mersino Dewatering LLC
-
Burton, MI
- Job Description Job Description Founded in 1988, Mersino is a single source for pumping services, contract dewatering, o...
- 4/20/2024 12:00:00 AM
Assistant Branch Manager & Management Hire
- Under Armour
-
Davison, MI
- Responsibilities The Assistant Store Manager supports the Store Manager in the daily operations of the store This includ...
- 4/19/2024 12:00:00 AM
About Saginaw, Michigan
Saginaw (/ˈsæɡɪnɔː/) is a city in the U.S. state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both located in the area known as Mid-Michigan or Central Michigan. The city of Saginaw is located adjacent to Saginaw Charter Township and is considered part of the Tri-City area, along with neighboring Bay City and Midland. The Saginaw County MSA had a population of 196,542 in 2013. The city is also the largest municipality within the Saginaw, Midland, and Bay City Metropolitan Area.
The city of Saginaw was a thriving lumber town in the 19th century and an i...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Loan Processor jobs
$38,707 to $48,727
Saginaw, Michigan area prices
were up 1.3% from a year ago
were up 1.3% from a year ago
What does a Mortgage Loan Processor do?
Mortgage Loan Processor in Fort Collins, CO
Calculate and analyze loan application detail, convey restructured deals and effectively communicate loan terms that will meet the financial needs of the customer.
December 25, 2019
Mortgage Loan Processor in Santa Cruz, CA
Quit chasing paperwork and focus on growing your pipeline with a loan processor from MyOutDesk virtual assistant services.
December 07, 2019
Mortgage Loan Processor in High Point, NC
They also prepare the documents that go to the appraiser and are issued at the closing of a loan.
January 28, 2020