Consumer and Residential Loan Processor II

Opportunity Overview :

We have a Unique opportunity to join our Lending team as a Consumer & Residential Loan Processor II. We are passionate about lending and helping people every step of the way throughout the ever-increasing challenges of the loan process.

We're looking for someone who believes in the mission of a community bank, who gets excited about learning new things, strives to provide exceptional service and thrives in an environment where you'll be challenged every day.

If working with new systems, having access to development programs and getting to work with some incredible co-workers every day excites you, then come join us!

Position Overview :

Responsible for residential mortgage and consumer loan processing by functioning as liaison between the mortgage originators, attorneys, customers and the mortgage, retail, and loan operations department.

The loan processor performs a variety of activities to support the underwriters and ensures loans are processed and closed within departmental policy and compliance regulations.

Ensures all time sensitive disclosures and documents are delivered with accuracy and on a timely basis.

Primary Accountabilities :

Acts as primary liaison regarding inquiries from originators, attorneys, underwriters and customers to discuss the loan process, resolve issues, clear loan conditions and explain regulations (including TRID).

Informs underwriter and supervisor of any documentation or customer issues relative to the loan process.

• Reviews and issues the Loan Estimate and initial application package using the loan origination system; verifies all information on the loan application and gathers all documentation into applicant's folder.
• Reviews income and data calculations to update the 1003 or application as necessary.
• Orders the title commitment, appraisal and communicates with various vendors to obtain mortgage insurance.
• Ensures all files for the application are assembled in a timely manner and then maintain the file for each application in process by following up and making notations to ensure the department is compliant with pending items, clearing fraud alerts, closing and funding loans.
• Monitors all applications that require flood insurance. Reviews flood certificates to validate flood zone, requests appropriate documentation as applicable to ensure sufficient and acceptable flood insurance is in place at time of closing.
• Clears the loan file for closing at least 3 business days prior to the closing date
• Assists the closer and attorney with closing documents, which includes reviewing and sending the closing disclosure, issuing the scheduling sheet, and explaining all fees to the borrower.
• Reviews Red Flag Report and resolves all issues including potential OFAC hits.
• Reviews ECOA, Disclosure Report, and all other daily reports to ensure compliance with UniBank and regulatory requirements.

Knowledge, Skills Education and Work Experience :

• High School diploma or equivalent required. College degree preferred.
• Minimum of 2 years consumer lending experience helpful.
• 3-5 years of loan processing experience expected.
• Strong computer skills specifically with Microsoft Office suite and Encompass preferred.
• Exceptional attention to detail is needed for success in this position.
• Demonstrated ability to pick up the phone and call clients to answer questions and provide updates.
• Experience with HMDA, Reg B and TILA-RESPA a plus.
• Must have strong written, verbal, organization and problem-solving skills.
• Ability to handle difficult situations with poise and tact is important.

About UniBank

We are UniBank, a team of civic-minded financial professionals and all-around great people working together to enrich people, businesses and municipalities across New England.

We don't abide by the doctrine of big, national banks. What we believe is different. What we believe is unique. We believe in our community.

And we believe in the people who live here. We believe in committing time and financial support to local nonprofits. We believe in finding innovative solutions for affordable housing, community development and independent business.

And yet, we are bankers. We are a mutual bank, owned by its customers, dedicated to local service. We are technology leaders.

Since launching our first online payment platform in 2003, we've never stopped delivering the most effective technology to our customers.

We are a unique blend of consumer, civic and business banking with more than 150 years of history. We are an exception to the rule.

We are unique. Unique to people. Unique to business. Unique to local government.

We are UniBank. Bank Different. Bank Unique.

This position is not subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, status as a veteran or as an individual with a disability.

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