Sr Mortgage Loan Funder

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits?

Our “people helping people” philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference.

While we’re proud of our history, we’re even more excited about our future. With business and technology transformation on the horizon, there’s never been a better time to be part of BECU.

PAY RANGE

BENEFITS

Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.  Employees have access to disability and AD&D insurance.  We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees.  Employees are able to enroll in our company’s 401k plan and employer-funded retirement plan.  Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here.

IMPACT YOU’LL MAKE:

As a Sr Mortgage Loan Funder at BECU, you’ll play a vital role in ensuring our members experience seamless and accurate mortgage closings. Your expertise will enable you to handle complex loan programs, fostering clear communication and collaboration with various entities to finalize our members’ mortgage journeys. From preparing precise closing disclosures to validating critical documentation, you’ll be instrumental in creating a smooth and trustworthy process. Your dedication to compliance, accuracy, and member satisfaction will ensure our standards of excellence remain unmatched.

WHAT YOU’LL DO:

• Champion Compliance: Ensure all responsibilities align with BECU competencies, regulatory requirements, and information protection standards.
• Coordinate Closings: Review, balance, and close mortgage loan files while maintaining clear communication with internal and external stakeholders.
• Ensure Accuracy: Audit documents, disburse funds, and authorize recordings with a meticulous eye for detail.
• Resolve Challenges: Analyze and resolve issues that arise during the funding process, collaborating effectively with others.
• Validate Conditions: Review underwriting conditions to ensure compliance with eligibility and underwriting guidelines.
• Analyze Documentation: Collect, evaluate, and log essential documents while ensuring all requirements are satisfied for closing.
• Prepare Closing Disclosures: Draft final closing disclosures, process tolerance cures, and revise disclosures as needed per TRID regulations.
• Handle Complex Loans: Manage closing tasks for conventional, FHA, VA, special loan programs, and construction loans.
• Support Internal Standards: Meet internal service-level agreements for document preparation and ensure all regulatory requirements are upheld.
• Contribute Beyond Tasks: Take on additional responsibilities that contribute to the overall success of the team and organization.

This isn’t just about ticking off tasks on a list. It's about making a significant, positive change in BECU’s journey, where your contributions are valued, and your growth is continually fostered.

QUALIFICATIONS

Minimum Qualifications

• Bachelor’s Degree or equivalent related experience required.
• Minimum two years of experience in mortgage related role such as mortgage processing, funding, closing underwriting required.
• Successful completion of courses or seminars relating to mortgage banking processing, and escrow required.  Successful completion of courses required to maintain LPO designation preferred.
• Advanced knowledge of first mortgage real estate lending practices, including federal regulatory requirements, state regulations, agency and Credit Union requirements required.
• Advanced knowledge of closing more complex loans to include construction loans, grant loan programs, USDA loan programs or any other specialty loan program required.
• Advanced knowledge of conventional, FHA, VA and special loan programs and the knowledge necessary to fund and insure FHA and guaranty VA loans required.
• Basic knowledge of Mortgage Fulfillment and how it interacts with the Mortgage Secondary Marketing department.

Preferred Qualifications

• Excellent organizational skills with ability to work within stringent time constraints.
• Proficient math skills, with a high degree of accuracy.

WHAT YOU’LL GAIN:

• The opportunity to work with a supportive team that values your expertise.
• Professional growth in a role that challenges and develops your mortgage funding skills.
• Exposure to a variety of complex loan programs, expanding your knowledge base.
• A chance to make meaningful contributions to BECU’s success and our members’ financial journeys.
• The satisfaction of knowing your work directly impacts member trust and satisfaction.

JOIN THE JOURNEY

Ready to make an indelible impact? Eager to be a part of a collaborative and innovative team where your ideas and contributions don’t just fill a role but fuel the growth and success of BECU? This is more than a job – it’s a chance to elevate your career, skills, and future, all while contributing to the robust technological landscape of BECU.

Embrace the opportunity to grow with us. Apply now, bring your expertise to the table, and let’s achieve excellence together at BECU. Your journey of influence, innovation, and impactful contribution starts now.

#BECU #YourGrowth #BECUJourney

EEO Statement:

BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.