Job Description

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email macurecruiting@macu.com and every reasonable effort will be made to accommodate your needs in a timely manner.

Job Summary

Work directly with Loan Officer, Underwriter, Closer, borrowers, real estate agents, builders, title companies and other third parties to carry out the duties required to evaluate loan files, obtain loan approvals, and facilitate on-time closings.

Job Description

LOCATION

Tanner Building - Hybrid:

7167 S Center Park Drive
West Jordan, UT 84084

SCHDULE

Full Time

To be effective, an individual must be able to perform each essential duty successfully.

• Fundamental understanding of FHA, VA, USDA, Freddie, Fannie and MACU portfolio guidelines and regulations.
• Communicate regularly with new and active loan applicants to ensure they receive exceptional service throughout the loan process.
• Calculate and verify income and employment in accordance with Appendix Q, MACU and investor guidelines

• Gather and analyze paystubs, personal and business taxes, verification of income/employment, tax transcripts and assess any concerns with income
• Complete required income calculation worksheets for salary and self employed borrowers.
• Analyze calculated income to ensure it meets loan requirements

• Demonstrate strong analytical abilities when running and examining automated underwriting systems for Freddie Mac and Fannie Mae (LPA and DU)
• Monitor loan officer pipelines and identify alerts requiring disclosures, re-disclosures and other necessary attention to loan files.
• Identify alerts requiring disclosures, re-disclosures and other necessary attention to loan files and work with loan officer to remedy.
• Assist in completion of Notice of Incomplete Applications, Withdrawals, and Denials within required time frames.
• Order appraisal (or AVM) and title report upon receipt of all qualifying documentation and Intent to Proceed

• Examine title report, eliminating any risk of junior liens, addressing any shared well, egress issues, ensuring MACU has first position on all title reports as well as verify address, parcel number, and annual taxes for accuracy compared to loan file
• Evaluate appraisals for accuracy and compliance with secondary market guidelines, making sure any errors, adjustments, repairs, etc., have been corrected or completed prior to final loan approval.

• Order Flood Certification, FHA or VA case number, CAIVRS, VOE, VOD, Condo Certification, CC&Rs, Condo Budget, tax transcripts, hazard insurance and subordinations per guideline requirements
• Remove unnecessary documents/buckets from eFolder in Encompass to eliminate duplication and determine what missing documentation is outstanding; verify accuracy of received date for documents and correct if needed
• Demonstrate understanding of what is required for alerts, warnings and Mavent fails
• Confirm loan file has all required documentation and submit to underwriting
• Develop and maintain quality timeframes and management of pipeline to achieve and meet required purchase contract deadlines
• Within 24 hours of underwriter review, work with loan officer and member to gather and satisfy all required underwriting conditions
• Work closely with Mortgage Training Team and Underwriter for assistance in understanding guidelines and program requirement
• Run Value Analyzer on all refinance loans
• Participate in ongoing training of standard mortgage products (Conventional, FHA, VA, etc.)
• Use tools provided to research all loan programs and guidelines, including AllRegs, investor selling guides, MAC, Knowledge Center, MI quotes, Underwriting and Training hotlines, and agency call centers; maintain an active knowledge base of the mortgage loan products MACU offers and an understanding of the qualifications for each program.
• Understand regulations and requirements for the Secondary Market, NCUA, BCFP, TRID, RESPA, and HMDA

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

One year of experience in a finance related field. Work in the mortgage industry preferred.

Education

High School Diploma or GED.

Licenses, Certificates, Registrations

Must be able to qualify for a NMLS number under S.A.F.E Act after hire into position.

Managerial Responsibility

Has no supervisory/managerial responsibilities.

Interpersonal Skills

• Courtesy, tact, organization and diplomacy are essential elements of the job.
• Understand the sense of urgency and how to effectively respond.
• Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.

Language Skills

• Demonstrated ability to read and interpret documents such as safety rules, operating and maintenance instruction, and procedure manuals.
• Demonstrated ability to write routine emails and correspondence.
• Demonstrated ability to speak effectively with employees, members, or clients.

Reasoning Ability

Must have the ability to understand and carry out instructions in written, oral, or diagram form. Ability to deal with problems involving several variables.

Computer/Office Equipment Skills

Intermediate skills in the following: Microsoft Office products including; Word, Excel and Outlook.

Other Skills

Uses time and skills effectively to accomplish required work.

Ability to follow-through on assignments and responsibilities. The degree to which the employee can be counted on to perform responsibilities and complete assignments in a timely and competent manner.

Demonstrated dependability toward job and team in regard to attendance, work load and work accomplishment.

Demonstrated experience in a customer oriented setting.

Demonstrated ability to perform work assignments free from mistakes, errors, or negativity. Strives for the best end product. Goes beyond acceptable standards resulting in superior outcomes.

Ability to use time and resources effectively to accomplish required work, meet deadlines and priorities

PHYSICAL REQUIREMENTS/ WORKING CONDITIONS

Physical Demands

Ability to talk, hear, sit, use hands to handle or feel and reach with hands and arms consistently.

Vision Requirements

Close vision (clear vision at 20 inches or less) Distance Vision (clear vision at 20 feet or

more)

Weight Lifted or Force Exerted

Frequently lifts up to 10 lbs., occasionally lifts up to 25 pounds rarely lifts up to 100 pounds.

Environmental

Office Type conditions, indoors.

Noise Environment

Moderate Noise such as in a business office with equipment and light traffic.

***This Job is not eligible to be performed in Colorado or Connecticut, either remotely or in-person.***

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Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.

Job Tags

Full time, Contract work, Self employment, Remote job,

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