Rate Lock Desk Specialist en Municipal Credit Union
Municipal Credit Union · New York City, Estados Unidos De América · Onsite
- Professional
- Oficina en New York City
About MCU
At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.
Our Mission:
To help hard-working New Yorkers build better tomorrows
Our Vision:
Be New York's most loved financial institution by helping our members build their best financial futures
Responsibilities:
Specific duties include, but are not limited to, the following:
- Communicates with loan officers and internal members regarding structure and pricing of the loan.
- Reviews mortgage loan application, to verify completeness and meets established standards, including but not limited to type and amount of mortgage, borrower assets, liabilities and length of employment.
- Receives rate lock request from the sales team to lock in the loan with Optima Blue and LOS.
- Reviews DU verification messages/approvals, to ensure that the loan meets eligibility and underwriting guidelines.
- Ensure accuracy and completeness of rate lock request and verify that the products and loan programs match the underwriting decision and member requests.
- Keep loan processing and underwriting abreast of any lock in requests from the mortgage sales team so the loan can be re-disclosed, and a COC generated by the processor and sent out to the member for signature.
- Monitor the Markets for any activity pertinent for a rate change
- Update the department when MCU changes rates
- Perform other related duties as requested and special projects as assigned.
- Bachelor’s degree or equivalent work experience.
- Minimum of 5 years’ experience in Mortgage operations, pricing, rate lock or a related field.
- Understands mortgage real estate lending practices, including federal regulatory requirements, state regulations, agency and Credit Union requirement.
- Proficiency with MS Office and LOS Software is preferred and the ability to readily learn and operate effectively in other business technology applications required.
- Ability to communicate information clearly and concisely both verbally and in writing.
- The ability to function efficiently and effectively under deadlines and stress while maintaining a professional and mature profile.
- Strong computer skills; proficiency in Microsoft Word, Excel and Outlook.
- Ability to work independently under general supervision.
- Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
- Technologically proficient.
Why you'll be a good fit:
Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you’ll bring the following
Results - We are passionate about winning.
Agility - We proactively anticipate, respond and pivot to ensure MCU wins.
Integrity - We operate with the highest ethical standards and highest degree of honesty.
Belonging - We cultivate a culture of inclusion and teamwork.
Ownership - We take personal responsibility and hold ourselves accountable for the results.
What we can offer you:
Competitive compensation, medical and dental benefits.
401K with employer match
Flexible paid time off
Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location. Incentives and/or benefits packages may vary depending on the position.
Municipal Credit Union (MCU) is an Equal Opportunity Employer. Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws.
We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.
