First Entertainment Credit Union

Mortgage Loan Operations Specialist (Funding & Processing)

Posted Yesterday

Easy Apply

Be an Early Applicant

Hollywood, Los Angeles, CA

Hybrid

25-31 Hourly

Mid level

Financial Services

Here at First Entertainment, we build lifelong financial relationships with the people in entertainment.

The Role

The Mortgage Loan Operations Specialist will manage loan processing from application to funding, ensuring accuracy and compliance while coordinating with various stakeholders.

Summary Generated by Built In

First Entertainment Credit Union is looking for a Mortgage Loan Operations Specialist (Funding & Processing) who will be responsible for First and Second lien loan processing from application through funding, including data collection, review and analysis, and pre-funding audits.

The Mortgage Loan Operations Specialist must demonstrate exceptional attention to detail, organizational skills, and communication abilities. A successful candidate must possess the professionalism and alignment with our core values, ensuring all stakeholders are informed throughout the loan lifecycle.

This is a full-time, hybrid opportunity reporting to the Director, Real Estate Lending Operations and is based in Hollywood, CA. The targeted pay in California is between $24.58 and $30.72.

Responsibilities

• Process first mortgage and equity loan applications, ensuring accuracy and regulatory compliance.

• Collect, review, and validate borrower documentation, including income, assets, purchase contracts, and escrow instructions.

• Order and analyze credit reports, appraisals, title reports, flood certifications, insurance documents, and compliance checks.

• Prepare and deliver initial disclosures and re-disclosures as required

• Balance Closing Disclosure (CD) and HUD settlement statements, resolving discrepancies with escrow/title companies.

• Communicate proactively with Loan Officers and escrow officers regarding outstanding conditions, loan status, and scheduling of signing appointments.

• Coordinate closing and funding activities, including confirming wire instructions, initiating funding requests, and performing pre-funding audits to ensure all documentation and approvals are complete.

• Maintain accurate records and timely updates in loan processing systems through closing and funding.

• Complete additional tasks, such as ordering homeowner’s/flood insurance, payoff demand statements, tax service, and employment verifications as required.

• Perform other duties and tasks as required.

At First Entertainment, your role and every role are essential to our Mission [We build lifelong financial relationships with the people in entertainment based on a deep understanding of how they live and work], Core Values [Members First + Ownership +Integrity + Innovation + Inclusivity + One Team], and we expect you to uphold them.

Requirements

· A high school diploma, vocational training, job-related course work or related work experience required.

· Active registration status with the Nationwide Mortgage Licensing System (NMLS) and Registry on an annual basis in addition to maintaining updates is required.

· Knowledge of laws and regulations regarding real estate and privacy, including TRID, Reg Z, Reg B, HMDA and RESPA

· Knowledge of basic loan processing procedures and systems (Encompass Banker edition preferred)

· 3 to 5 years of prior experience of real estate loan processing is required.

· 3 to 5 years previous work-related skill, knowledge, or experience in an office setting is required.

· Effective communication skills across all levels of audience.

· Computer proficiency in loan application systems, preferably Opening Act, MS Office Word, Excel and Outlook.

Top Skills

Encompass Banker Edition

Ms Office Excel

Ms Office Outlook

Ms Office Word

Opening Act

What the Team is Saying

View all jobs at First Entertainment Credit Union

View First Entertainment Credit Union Profile

Report Job

Am I A Good Fit?

beta

Get Personalized Job Insights.

Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company

HQ: Los Angeles, CA

225 Employees

Year Founded: 1967

What We Do

Named one of the top 10 Credit Union in California by Forbes, First Entertainment Credit Union has been the financial ally since 1967 for the creators of entertainment and those who support them. With more than 2.1 billion in assets and over 90,000 members, we are constantly looking for talents to help us build a high trust, high performance and workplace of choice culture while growing our business. As a teammate, you will enjoy an inclusive workplace culture and an employer-of-choice environment.

At First Entertainment Credit Union we believe Your Story Matters and that includes our members, employees, community, and those interested in joining our growing team.

Why Work With Us

At First Entertainment, we believe our teammates are capable of great things. We celebrate their commitment to excellence and aim to foster that dedication through both professional and personal growth. We don't believe in merely employing workers but in empowering future leaders. We help our teammates bring their own career stories to life.