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IH Mississippi Valley Credit UnionPosted 2 weeks ago

Mortgage Loan Processor

$35,360,000–$47,840,000 year

On-siteMoline, Illinois, United States

Full TimeHigh School Or EquivalentMedium

Job Summary

Review mortgage loan applications for completeness and accuracy prior to underwriting submission. Verify income, employment, assets, credit, and other required documentation to ensure compliance with loan program guidelines and internal policies. Order and track verifications of employment or deposit. Communicate with loan officers to obtain outstanding documentation or clarify application details. Prepare and update loan files within the loan origination system to ensure accurate data entry and documentation. Review and clear underwriting conditions within established timelines. Maintain detailed records of all correspondence, documentation, and file updates. Monitor pipeline reports and manage assigned loan files to meet established service level expectations. Maintain working knowledge of mortgage products, investor requirements, and regulatory changes affecting loan processing. Support continuous process improvements to increase efficiency, accuracy, and member satisfaction.

Required Qualifications

  • High school diploma or equivalent
  • Minimum of 2 years of experience in mortgage loan operations
  • Ability to prioritize assignments and organize work efficiently
  • Excellent accuracy and attention to detail
  • Clear, professional communication skills
  • Ability to work independently and as part of a team in a fast-paced environment
  • Working knowledge of mortgage products, investor requirements, and regulatory changes affecting loan processing
  • Sedentary work (sitting most of the time)
  • Ability to express ideas by spoken word
  • Ability to perceive sounds at normal speaking levels
  • Finger, handle, touch capabilities (picking, pinching, typing)
  • Ability to lift up to 10 lbs
  • Visual acuity for preparing and analyzing data, transcribing, viewing computer terminals, and extensive reading

Desired Qualifications

  • Associate's or Bachelor's degree in Finance, Business, or related field

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