Icon hamburger

Create Job Alert.

Enter your email below to save this search and receive job recommendations for similar positions.
Thank you. We'll send jobs matching these to
No Thanks
What job do you want?

Create Job Alert.

Get similar jobs sent to your email

Apply to this job.
Think you're the perfect candidate?
Apply on company site

You’re being taken to an external site to apply.

Create an account to get recommended jobs that match your resume and apply to multiple jobs in seconds!
On the next page, you'll build a resume in 3 steps thanks to our AI technology
8-15 characters
Contains Number
Contains Lowercase
Contains Uppercase
Contains Special Character

You’re being taken to an external site to apply.

Enter your email below to receive job recommendations for similar positions.
Mortgage Government Processor at Truliant Federal Credit Union

Mortgage Government Processor

Truliant Federal Credit Union Winston-Salem, NC Full-Time
Apply on company site

Create Job Alert.

Get similar jobs sent to your email

Purpose of the Job

The Mortgage Government Processor is responsible for compilation, verification and review of first mortgage loan applications, including FHA, VA and USDA.

Essential Functions and Responsibilities

  • Issues disclosures and checklists to new applicants.
  • Discusses mortgage solutions with members to meet their needs while providing detailed explanations of loan programs and options to ensure member understanding.
  • Reviews the member’s assets, liabilities, income, employment history and other factors to determine eligibility.
  • Submits loans to Automated Underwriting Systems (DU and LPA) and reviews findings.
  • Discusses rate locks with members and submits rate lock requests.
  • Obtains FHA Case Number from FHA Connection.
  • Obtains Certificate of Eligibility for VA-guaranteed home loans.
  • Orders appraisals and completes a comprehensive review of the appraisal upon receipt.
  • Obtains verifications of employment, mortgage, rent, insurance and other items necessary to document the loan application.
  • Orders tax transcripts from the Internal Revenue Service.
  • Prepares the credit and collateral packages for submission to underwriting.
  • Completes GUS submission of USDA loans.
  • Resolves underwriting conditions with the member and underwriter.
  • Issues revised disclosures as needed in compliance with TRID guidelines.
  • Works closely with MLO’s to keep them updated on the status of loans and any outstanding issues requiring their attention.
  • Acts as point of contact for members, Realtors, appraisers, Truliant staff and attorneys.
  • Requests title insurance in advance of closing.
  • Coordinates loan closings with members, attorneys and Truliant closing staff.
  • Discusses mortgage scenarios with Truliant call center and branch staff to ensure applications are submitted accurately.
  • Closes withdrawn, incomplete and denied applications, issuing adverse action letters as needed.
  • Reviews loan files to ensure completion of HMDA data.
  • Manages the general Mortgage mailbox and voicemail, responding to questions and forwarding information to other staff members, as needed.
  • Remains informed about investor guidelines, government regulations and best practices to ensure compliance with applicable rules.

Knowledge, Skills, and Abilities

  • Must have sound understanding of standard concepts, practices, procedures, regulations and compliance within the mortgage loan origination environment, as well as services offered by the Credit Union
  • Must have a comprehensive knowledge of conventional and government loan programs, including FHA, VA and USDA Rural Development Loans
  • Must have working knowledge of FHA Connection, VA’s WEBGLY and USDA’s GUS systems
  • Must have knowledge of Freddie Mac and Fannie Mae guidelines and the ability to understand Loan Product Advisor and Desktop Underwriter findings
  • Must be familiar with underwriting guidelines and real estate lending compliance, including but not limited to HMDA, TRID, Fair Lending and ECOA
  • Must have sound judgment, excellent critical thinking skills and the ability to manage and prioritize multiple tasks
  • Must be flexible and able to shift resources and priorities as required
  • Must have excellent communication skills in English, both verbal and written
  • Must have intermediate knowledge of Microsoft Outlook, Excel and Word
  • Must have ability to understand all business processes within the Credit Union
  • Must have an NMLS number or meet requirements to obtain one
  • Must be detail oriented and well organized
  • Must be able to work in a general office environment
  • Must be able to complete all assignments with minimal supervision
  • Should possess a strong commitment to providing excellent service to Truliant’s members

Education and Background

  • High School diploma or equivalent required, with 2+ years of recent mortgage lending experience preferred
  • Bachelor’s Degree in Business or Finance preferred
  • Experience with GSE guidelines, government lending, automated underwriting systems, multiple investor correspondent lending and TRID compliance required
  • Experience with Mortgage LOS system(s) required

Recommended skills

Loan Origination
Mortgage Loans
Equal Credit Opportunity Act
Apply to this job.
Think you're the perfect candidate?
Apply on company site

Help us improve CareerBuilder by providing feedback about this job: Report this job

Report this Job

Once a job has been reported, we will investigate it further. If you require a response, submit your question or concern to our Trust and Site Security Team

Job ID: 1331


For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.

By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.