When you join First Financial Credit Union as the Mortgage Funderat our headquarters, you are joining a team of dedicated, self-motivated individuals who enjoy helping others and working in a collaborative and progressive environment. Please note, this position, will be based out of FFCU's current operation center in West Covina, but will eventually be based out of FFCU's new facility in Pasadena (2900 Bradley Street). We do not shy away from our success and work hard each day to make great things happen for our members/customers, our teams, and ourselves.
Essential Duties & Responsibilities
Prepares documentation and written correspondence to members and third party companies.
Produces and submits HMDA reports to the Federal Government on an annual basis, within the legally required time frame.
Prepares loan collateral files for quality review
Prepares and gathers information from funded loan files for submission to loan sub-servicer
Performs all duties in compliance with laws, regulations, Credit Union policies and procedures.
Assist members with signing real estate loan documents as needed, explaining the different forms and government regulatory requirements.
Coordinates with title & escrow companies and members for loan signing and subsequent recording and final disbursement of funds.
Performs a pre-close audit review of all loan files prior to funding.
Completes or attends required compliance and/or industry training assignments as assigned.
Qualifications and Experience
Typically, these skills are the result of a college degree, and four years or more of experience in a Real Estate loan department, and advanced product knowledge.The incumbent in this position must be able to accommodate to any/all of the following: Must have the ability to handle a large volume of detailed information. Solid knowledge of state and federal compliance regulations pertaining to First Mortgages, Home Equity and internal operational procedures, and Credit Union philosophy. Ability to counsel, communicate and make decisions as required.
Minimum Requirements
Advanced knowledge of Mortgage and Home Equity loans, and related loan documents.
Advanced knowledge of real estate loan regulations, TRID, Uniform Commercial Code, Reg. B, RESPA, Reg. Z loans, operations and credit union philosophy.
Advanced Knowledge of credit fundamentals (e.g. credit scoring, reviewing of a credit report, debt ratio calculation, advanced income analysis including corporate and personal tax documents, etc.).
Advanced analytical skills sufficient to conduct an analysis of applicant's credit status and property/collateral assessment.
Advanced and effective oral and written communications skills
Advanced personal computer skills including mortgage processing software, use of the Internet, word processing and spreadsheets.
Advanced knowledge of Escrow procedures ( Grant deeds, Affidavit's, Check disbursements and process wires
Advanced knowledge of High Priced/High cost limits (HPML)
Community Minded, Just Like You
Our dedication to the educational community sets us apart from the big banks and other credit unions. Our staff and volunteers (Board Members and Supervisory Committee) enthusiastically spend hours volunteering at local schools each year. In addition, we zealously give back in many other ways, including:
Donations to local schools from both members and staff
Teacher Grants, Classroom Supplies Grants, Teaching Credential Grants, and Scholarships for Graduating High School Seniors (and those pursuing their education)
Community involvement local charities
History
We value and take tremendous pride in serving the financial needs of the California educational community. We were founded by educators for educators over 85 years ago. It's a role we take seriously and a mission to which we are just as committed to today as we were in 1933.
We continue to uphold a focus on educators, maintaining a charter and mission statement that emphasize our dedication. We have held steadfast to our commitment and have not changed our focus nor abandoned our relationship with the educational community over the years for the general public (as many credit unions have done to their core membership). In fact, our Board of Directors consists of current and retired educators, ensuring that the educational community will remain our focus on an ongoing basis.
For over 85 years, we have been providing better value to members, consistently demonstrating our commitment with our time- and money-saving products and services designed specifically for the needs of the California educational community.
We have 11 branches in Southern California, serving Los Angeles County, Orange County, San Diego County, the Inland Empire, the San Gabriel and San Fernando Valleys.
Career Opportunities
We are looking for talented people who share our vision, our passion for the educational community, for delivering exceptional service and for doing what is in the best interest of our members.
