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Mortgage Loan Assistant II

North Liberty, IA

Job Information:

University of Iowa Community Credit Union

Position Summary:

Come work at the financial institution that
was recently honored as a top workplace in the state and has been
consistently recognized as one of the top credit unions in the
nation for returning profits to members! Due to continued market
growth the University of Iowa Community Credit Union is currently
seeking qualified applicants to fill additional Mortgage Loan
Assistant openings at the UICCU Financial Center in North

We need candidates who are precise,
accurate, and analytical to handle all facets of their work without
letting the details slip through the cracks. If you are all of this
and value an employer who provides full training, competent
leadership, and will reward your accuracy and loyalty we want to
see your application.

Ideal candidates will possess previous
mortgage experience, preferably in processing first mortgage loans.
In this position, your primary role is to partner with the Mortgage
Loan Officer and other Loan Assistants to process loans. This
position requires you to independently process large loan volumes
accurately and quickly. It is important that you are able to
prioritize assignments accordingly.

This full-time, non-exempt position
requires a minimum of 40 hours/week. Monday - Friday 8:00 a.m.
– 5:00 p.m. Loan volume often dictates additional work hours,
which are necessary to meet critical deadlines and member demands.
As such, the ability and availability to work flexible hours to
accomplish workloads is a must.

The UICCU offers an outstanding benefits
package that includes: 401(k) plan with generous match feature;
health, dental, life and disability coverage; as well as a generous
paid time off program.

Base wage range for the position is $15.42
to $23.12 per hour, plus an additional production-based incentive

Job ID 2016-1500

Location US-IA-North Liberty

Category Mortgage

Equal Opportunity Employment Statement:

The UICCU is an EEO/AA Employer. M/F/Veteran/Disability. We strongly encourage minorities, veterans, and individuals with disabilities to apply for openings with the credit union.


Essential Duties and Responsibilities:

Performs essential duties and responsibilities in the following areas which may include, but are not limited to those listed and are subject to change.

  1. Adheres to the Credit Union's core values in serving with
    truth, trust, mentoring, openness, risk-taking, communication,
    giving credit, integrity, caring, and respect in carrying out the
    UICCU's mission and vision.

  2. Demonstrates a positive member service (internal and external)
    focus at all times, greeting members and guests with a smile and
    eye contact immediately upon their arrival. Consistent usage of the
    members name during contact and always thanking them for their

  3. Demonstrates teamwork in all interactions with coworkers and in
    the completion of all duties and responsibilities.

  4. Plays a vital role in enriching the community by participating
    in community service organizations and/or Credit Union sponsored
    events on an annual basis.

  5. Ensures confidentiality of member information.

  6. Builds and maintains relationships in the real estate
    community, which includes but is not limited to realtors,
    attorneys, abstractors, and insurance companies.

  7. Delivers initial application and initial disclosures to
    borrowers if necessary. Fields and returns calls from the mortgage
    group phone line and fields and returns phone calls/emails from
    borrowers regarding their loan.

  8. Schedules initial appointments and schedules closings with
    members and all other involved parties.

  9. Orders appraisal, flood determination, credit report,
    pre-closure credit report, verification of deposit, verification of
    employment, verification of mortgage or rents and other documents
    necessary to support the loan application and ensure complete
    documentation of the loan file.

  10. Orders the necessary title work through abstract/title
    companies and attorney's office. This would include but is not
    limited to (abstract update, 900/901 searches, buyer's searches and
    day of closing searches). Reviews and verifies title work is clear
    to close and works with all parties involved to clear title

  11. Collects and verifies completeness of requested credit
    documents. Processes documents by correctly entering information
    into on-line computer system and scans original documents into loan
    software system..

  12. Orders and reviews both the compliance report and fraud report
    for accuracy and discrepancies and makes any necessary

  13. Submits file information to automated underwriting system when
    necessary and verifies accuracy of the findings.

  14. Organizes file in appropriate order and submits final
    applications to underwriting for approval. Applies for PMI if

  15. Follows up on any approval conditions for secondary market and
    in-house loans.

  16. 1Following approval, sends approval letter to borrowers and
    realtors, orders payoffs, property surveys,and orders any other
    required documentation to prepare closing documents.

  17. Verifies homeowners insurance and flood insurance if applicable
    (personal and association) and requests mortgagee clause change
    prior to closing.

  18. Prepares closing documents and closing disclosure statement.
    Verifies all fees and invoices have been collected. Issues all
    checks and posts general ledger entries for those invoices and
    fees. Funds loans after rescission period ends and issues all
    checks at that time.

  19. Organizes file to be sent to servicing department in a timely
    manner to ensure prompt delivery to investors and prompt recording
    of the mortgages.

  20. Ensures accuracy of Warranty Deed, Ground Water Hazard
    Statement, Declaration of Value, Mortgage and any additional
    documents that are to be recorded.

  21. Resolves any secondary market suspensions or deficiencies and
    follows-up on any missing documentation in mortgage file in a
    timely manner.

  22. Balances the secondary market funding when loan is purchased by

  23. Assists in year-end verification of HMDA reporting and
    1098/1099 statements.

  24. Assists in all other necessary mortgage duties and projects
    when needed.

  25. Adheres to all state, federal and credit union regulations,
    policies and guidelines.

Job Requirements/Expectations:

  1. Reports to work punctually, works all scheduled hours, and
    works overtime as necessitated by business demand.

  2. Interpersonal skills to represent the Credit Union in a
    positive way during member contact.

  3. Interpersonal skills necessary to gather data from a number of
    sources and to represent positively the Credit Union during such

  4. Ability to provide quality service to members by phone or in

  5. Ability to develop and maintain effective working relationships
    with co-workers.

  6. Ability to prioritize assignments and organize work
    efficiently, to handle large volumes of details.

  7. Ability to operate related computer applications, on-line
    terminal and other standard office equipment such as a calculator
    and typewriter.

  8. Accuracy and attention to detail required.

  9. Lending policies and Real Estate knowledge helpful.

  10. High school diploma or equivalent (i.e. GED) with a minimum of
    one year previous related work experience.

  11. Must be bondable.

Reporting Relationship:

Reports to Mortgage Sales and Loan Support Supervisor

Supervisory Responsibilities:

This position is not responsible for the supervision of other employees.

Apply Here:


Posted 07/10/17

Job ID: 61342