Employees are one of Lower Valley Credit Union’s most valuable resources, and we take our responsibilities to our employees seriously. Each LVCU employee is also a member, and is to be treated fairly, equally, and with dignity, as an individual and as an important part of the Credit Union.
The Credit Union seeks to promote a workplace that reflects our ethnically and culturally diverse community. Our equal employment opportunity commitment applies to all terms and conditions of employment including, but not limited to, policies and procedures, recruiting and hiring, compensation and benefits, job actions, and the workplace environment.
Current Jobs Available
Loan Officer I - Yakima, WA
Provide information on credit union products and services according to all credit union policies and procedures and Federal and State rules and regulations. Responsible for interviewing and evaluating applicants for routine loans and processing loan applications. Gather background information and analyze loan applicants’ credit history. Approve or deny loan applications based on analysis. Operate with moderate credit authority.
Duties and Responsibilities
1. Gather background information on loan applicants by interviewing loan applicants and obtaining credit bureau reports.
2. Assist members with the loan application process to ensure completeness of information.
3. Ensure that you are in compliance with all federal and state laws as well as the Bank Secrecy Act, the Patriot Act and other regulations.
4. Pull credit reports for all accounts, verify debts, and estimate monthly payments for any outstanding debts not listed and add them to debts on application.
5. Calculate debt-to-income ratios on loan applicants.
6. Calculate how much of a loan applicant’s debt is secured or unsecured.
7. Complete loan applications over the phone and/or electronically.
8. Determine collateral needs and payment plans for members applying for loans.
9. Determine eligibility of loan co-maker from co-maker’s statement and credit rating.
10. Approve or deny loan applications.
11. When a loan is denied, explain reasons for denial in a professional, courteous manner. Work with member to provide recommendations or alternative options for other possible ways to secure a loan in the future.
12. Verify the accuracy of loan amounts and repayment terms on approved loan applications.
13. Complete loan documents and disburse loans when approved.
14. Implement new loan products and services in accordance with management direction.
15. Cross-sell lending and other credit union products.
16. Perform other duties as assigned.
Position: Full time
Mortgage Loan Officer II/Senior - Sunnyside, WA
Provide information on credit union products and services to members in accordance with credit union policies and procedures and State and Federal rules and regulations. Responsible for interviewing applicants for real estate loans, processing applications, and analyzing applications for underwriting. Gather background information and analyze loan applicants’ credit history. Approve or deny loan applications based on analysis of each applicant’s background. Operate under substantial credit authority.
- Develop mortgage loan business through member seminars and calls to realtors, contractors, and other institutions
- Establish and monitor control procedures for first-mortgage loan portfolio.
- Ensure that you are in compliance with all federal and state laws as well as the Bank Secrecy Act, the Patriot Act and other regulations.
- Interview loan applicants and assist members with the loan applications process. Handle mortgage loans of highest complexity, value, and risk.
- Obtain and evaluate credit bureau reports on applications.
- Pull credit reports for all accounts, verify debts, and estimate monthly payments for any outstanding debts not listed and add them to debts on application.
- Approve or deny real-estate loan applications, and explain reasons for denial.
- Ensure that each real-estate loan is processed accurately.
- Prepare mortgage loan application and document packet for closing.
- Pay title company fees for title searches, legal work, and appraisals.
- Pay real-estate taxes, including calculating tax shortages and new monthly payments.
- Maintain accurate records of insurance and taxes on real-estate loans.
- Exhibit and maintain knowledge related to Real Estate regulations including TRID, HOEPA, HMDA, and ECOA.
- Manage second-mortgage portfolio and develop marketing plans for these products.
- Monitor delinquent real-estate loans, and take action as necessary.
- File necessary papers with the state land title for second mortgages.
- Train new mortgage loan officers.
- Assist and advise junior mortgage loan officers.
Job Type – Full-Time
Experience – 2 Years Experience Required