Analysis Skills, Closing Costs, Communication Skills, Consulting, Credit Union, Cross-Selling, DNA, Data Quality, Detail Oriented, Documentation, Documentation Plan, Equal Credit Opportunity Act (ECOA), Establish Priorities, Fannie Mae (FNMA), Flexible Spending Accounts, Government, Income Tax, Interpersonal Skills, Loan Origination, Mail Processing, Maintain Compliance, Mortgage, Mortgage Lending, Mortgage Regulations, Organizational Skills, Presentation/Verbal Skills, Problem Solving Skills, Regulations, Regulatory Compliance, Residential Mortgages, Retirement Planning, Tax Returns, Time Management, Underwriting, Variable Costs, Writing Skills
Compensation: $53,000 - $78,000 based on experience and credentials
Location Type: REMOTE
Schedule: Monday through Friday 8:30 AM – 5:30 PM (flexible hybrid)
The Mortgage Loan Consultant serves as a member advocate for mortgage loan applicants originating through various channels. This individual maintains effective communication with members and other stakeholder parties to ensure timely decisions occur. An ideal candidate takes ownership to provide excellent member service according to Suncoast Credit Union’s mission, vision, and DNA statements.
Responsibilities:
- Interview members and record accurate information about the applicant(s) in the mortgage and consumer loan origination systems
- Contact members regarding each mortgage file and in accordance with Suncoast service standards
- Communicate with members to ensure the accuracy and integrity of submitted data
- Analyze details and gather additional information necessary to ensure timely loan decisions
- Ensure members’ understanding by answering questions, explaining preliminary documents and the next steps
- Review and analyze all documentation to determine acceptability based on the portfolio or investor underwriting guidelines
- Upload all documents to origination or Suncoast imaging system
- Submit accurate applications with required supporting documentation to the underwriter
- Recommend approval or denial decisions to the underwriter
- Notify members of loan decisions by phone, electronic notification, or by mail
- Prepare and mail approval or denial letters
- Prepare and mail Regulation B letters advising members of additional information needed
- Complete the Home Mortgage Disclosure Act for government monitoring information and record accurate data in origination systems for reporting purposes
- Produce updated Loan Estimates based on qualified change of circumstances
- Explain the content of the consumer mortgages preliminary disclosures, such as the term of the loan, rate, APR, closing costs, payment options, credit union paid closing costs, variable rate plans, and documentation requirements
- Obtain the borrower’s Intent to Proceed before moving the file to processing
- Utilize daily reports from the origination system to maintain the current status of assigned files
- Maintain compliance with internal departmental policy and procedures regarding productivity and response time
- Assist with reviewing tax returns and income verifications
- Cross-sell Suncoast Credit Union products and services when applicable
- Maintain knowledge and understanding of current mortgage products, regulatory compliance, and investor guidelines
- Attend educational events to increase professional knowledge
Qualifications:
- Bachelor’s degree in a business-related field, CCUE or PCUE designation preferred (A comparable combination of work experience and training may be substituted for education requirements)
- 4+ years of mortgage lending experience with a financial institution
- Ability to prioritize tasks by effectively managing competing and changing priorities to meet required deadlines
- Accurate, detail-oriented, and organized with task management
- Good knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities such as TRID, HMDA, ECOA, FNMA, and PMI
- Ability to analyze and resolve complex problems
- Strong written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
- Ability to communicate policies, practices, and procedures
- Ability to maintain a high level of confidentiality
Safe Act Statement
This position requires the employee to register as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry (NMLS). The employee will obtain a unique identifier from the registry before engaging in mortgage loan originator activities. The employee must maintain and renew the registration on an annual basis, provide updated registration information with the registry on a timely basis, and provide a unique identifier to consumers as required by applicable SAFE Act regulations and Suncoast Credit Union policies and procedures.
Benefits
- Financial Well-Being: Bonus Program up to 12%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
- Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
- Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
- Community Involvement: Paid Volunteer Hours
- Growth: Degree Assistance up to $5,000 per year
For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits
Company Overview
Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community.
For more information, please visit our careers site athttps://careers.suncoastcreditunion.com/