Castparts Employees Federal CU

Oregon

Staff

Doug Holtry
dholtry@castpartsfcu.org
(503) 771-2464
(503) 536-6516

10/31/2017

Job Description:

Position Purpose:
Process, and review member loan requests for purchase money mortgage loans and refinances. Review and underwrite consumer loans for vehicles, RVs, credit cards, personal, and home equity loans. Proactively identify ways to maximize a member’s credit union experience through cross-selling the credit union’s products and services. This is a full-time position, Monday – Friday.
Duties and Responsibilities:
Under limited guidance, the Mortgage Loan Officer will successfully field member inquiries which relate to mortgage products and program guidelines, credit requirements, application completion and interest rates, terms and fee structures. In addition, the Mortgage Loan Officer will provide underwriting for consumer loans.
• Originates high quality residential mortgage loans under a variety of programs, which meet the Credit Union’s lending policy
• Responsible for the coordination, preparation and quality assurance of residential mortgage program, ensuring transaction accuracy and compliance with regulations, product terms, program policies and guidelines
• Review and approve routine consumer loan applications originated through the branches, internet, phone and indirect channels
• Must have the ability to work in a fast-paced environment and possess a comprehensive knowledge of credit union lending programs, policies, procedures and regulatory requirements; complying with all Federal and State laws and adhering to HMDA requirements
• Collaborate with CU branch staff in cross-selling CU mortgage products and services
• Receive and respond to member inquiries regarding loans, loan applications, rates, terms, and member accounts
• Discuss options with a borrower, evaluate their credit and guide them through the process of application
• Order appraisals, title insurance, collect payoffs from lenders, schedule closings
• Conduct needs assessments, identify problems and develop solutions
• Responsible for generating accurate loan disclosures in a timely manner, complying with all applicable regulations; preparing all paperwork required to secure the credit union interest in real estate pledged as collateral for loans; gathering all documents required for loan disbursement and completing necessary verifications
• Conduct loan signings/closings with members
• Disburse loans according to established procedures
• Follow-up and render assistance in the area of closing and post-closing outcomes
• Demonstrate the ability to perform all the regular functions of a Consumer Loan Officer
• Perform other duties as assigned
Requirements
• Mortgage Loan Originator License Required; NMLS Required; maintain a status in good standing under SAFE Act requirements
• High school diploma or equivalent certificate required
• Four year degree in related field, equivalent work experience may be considered, some college preferred
• At least three years previous consumer underwriting and mortgage lending experience in originating, and processing
• Required experience includes producing work that meets sales goals and meets all compliance requirements (TILA/RESPA, Reg Z, HMDA, Reg B)
• Solid knowledge and experience originating mortgage loans for FHLMC/FNMA, FHA, USDA and VA is preferred
• Strong interpersonal and communication (verbal/written) skills to exhibit professionalism and the ability to work in a diverse community, utilizing tact, discretion and courtesy with members and coworkers
• Must have an exceptional member service ethic
• Work independently; appropriately manage daily workflow to ensure optimum productivity. Exercise sound judgment, problem solving and attention to detail
• Ability to use a personal computer showing proficiency in standardized software applications, including Microsoft Word, Excel, PowerPoint and Outlook
• Ability to perform basic math calculations (addition, subtraction, multiplication, division, percentages, debt ratios)
• Basic ability to analyze and interpret personal and business financial statements


Additional Comments:

Please send your cover letter and resume’ to Cheryl Eveatt at ceveatt@castpartsfcu.org or fax to 503.536.6516.