Conventional Loan Coordinator Job at First New York Federal Credit Union, Albany, NY

UjN5M1lKall5MGZLMkp4Qnljeit6V1NwOWc9PQ==
  • First New York Federal Credit Union
  • Albany, NY

Job Description

Description

Assist the conventional lending team at First New York, by communicating with borrowers, staff and vendors, as well as, gathering and summarizing pertinent documents & information based on credit union policy. This individual will work in tandem with the Mortgage Loan Originator and play a pivotal role in coordinating residential files from application to post-closing. Must be service focused with superior time management and communication skills. In addition, the individual must have the ability to multi-task, possess keen attention to detail and exceptional organizational skills.

Duties & Responsibilities

  • Works closely with the Mortgage team and the Mortgage Loan Originator to determine what information is outstanding and follows up on these items in a timely manner. Obtain the appropriate documents from loan applicants and organize follow-up on unaccounted items.
  • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
  • Maintains the outstanding mortgage pipeline and ensures loan files move forward accurately, with urgency.
  • Informs supervisor of discrepancies in loan documentation, title or survey.
  • Ensures exceptional member service by maintaining thorough communication with members, attorneys, realtors, appraisers and vendors throughout the mortgage event.
  • Possesses knowledge of lending programs, policies, procedures and regulatory requirements, demonstrating a commitment to professional ethics, complying with all Federal and State compliance policies.
  • Maintain department policies and procedures of work processes to meet Compliance guidelines.
  • Liaison between origination, third-party mortgage vendors, and members throughout the loan process.
  • All other duties that may be assigned.

Requirements

  • High school diploma and two plus years of conventional mortgage experience; preferably in a processing role.
  • Excellent computer skills with a strong working knowledge of Microsoft Excel and other programs
  • Prior experience in Encompass preferred
  • Possesses critical thinking skills and applies learned lending principles according to the unique needs of each member and their risk profile.
  • Credit skills, interpersonal skills and ability to communicate clearly while handling multiple priorities.
  • Proficient in conducting credit analysis, including cash flow, credit reporting, and credit investigation.

Job Tags

Similar Jobs

Get It - Finance

Government Underwriter Level 2 - Remote | WFH Job at Get It - Finance

We're looking for an experienced and dedicated Government Underwriter to join our team in a 100% remote capacity. If you have a passion for mortgage and financial services, along with over 10 years of underwriting experience, we'd love to hear from you! In this role,... 

Fresenius Medical Care Holdings, Inc.

Patient Care Technician - PCT Job at Fresenius Medical Care Holdings, Inc.

 ...Qualities and traits: dependable, compassionate, caring, supportive, collaborative, reliable. Previous patient care experience in a hospital setting or a related facility (preferred but not required). Continued employment is dependent on successful completion of the... 

Polaris Tech Charter School

Instructional Coach 25-26 Job at Polaris Tech Charter School

 ...Title: Instructional Coach Reports to: Executive Director Position Summary: The Instructional Coach will provide essential leadership for the schools overall instructional program through support, training, and coaching to build school and teacher capacity to increase... 

AAA USA

Aerospace Manufacturing Engineer (FT) Job at AAA USA

 ...with a company in Stuart, Florida that is a leading global aerospace manufacturer that specializes in the design and production of...  ...aerospace industry. We are looking for experienced Manufacturing Engineers who are seeking their next opportunity in a complex and ever-... 

FlexDox

Medical office Manager Job at FlexDox

(Only QUALIFIED Healthcare Professionals accepted) Hospital/Clinic - Practice Manager - We are currently seeking a qualified individual to fill the position of medical office manager. This role will require a unique blend of administrative and marketing responsibilities...