Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on...
The Mortgage Processor/Closer II will work with Mortgage Originator and Underwriters and Processing and Closing Managers to ensure mortgage loans are processed and closed in accordance with secondary market guidelines and/or Board Policy. They serve as a point of contact for borrowers, realtors, settlement agents and other 3rd parties.Schedule: Monday - Friday 9:00am - 5:00pm; Location: Remote, applicants must reside in PA to be considered for this role.
In this position, you will
• Processes and closes 1st mortgage loans, and other moderately complex and niche loan types.
• Analyze and interpret federal and state regulations, credit union policy, and secondary market guidelines for all real estate loans- conforming and non-conforming.
• Assists with training of staff. Supports the processing and closing units to ensure mortgage loans are processed in a timely and efficient manner.
• Maintains mortgage pipelines and queues to ensure applications and assignments are being completed timely and accurately and informs supervisor of concerns.
• Offers alternative and/or corrective options, when applicable, when loan documentation or terms of loan do not meet underwriting standards. Also, provides detailed comments/rationale on loans to the various mortgage committees when necessary to substantiate the request for approval or denial of a loan.
• Performs in-depth review and analysis of appraisals, credit reports, title reports, insurance documentation, income documentation, tax return analysis, asset documentation, commitment letter conditions with little to no supervision.
• Must comply with and meet all requirements regarding the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act, 12 CFR 365).
• Other duties as assigned.
Qualifications:
High School (Required)Any equivalent combination of experience and education. | Required Minimum 2 years of processing government-backed loans such as FHA, VA, and USDA, or Construction draw loans. | Required Minimum 2 years or longer of secondary market, first mortgage processing and/or closing. | Not RequiredSkills Required
- High school education
- At least 2 years of processing government-backed loans, including FHA, VA, USDA, or construction draw loans
- Experience with secondary market first mortgage processing and/or closing
- Compliance with SAFE Act requirements under 12 CFR 365
- Residence in Pennsylvania
What We Do
PSECU, also known as the Pennsylvania State Employees Credit Union, is a not-for-profit, state-chartered, digital-first credit union headquartered in Harrisburg, Pennsylvania. Founded in 1934, it serves as a full-service financial institution offering products such as savings, checking, and loans. Its mission is to help members and their families achieve a better life through a member-centric, community-focused approach to banking.
