Real Estate Loan Opener

Company: Municipal Credit Union
Location: New York City
Posted on: February 13, 2026

Job Description:

Job Description Job Description 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 Overview: The Loan Opener is responsible for reviewing loan applications, ensuring required documentation has been received, and assisting in the preparation of mortgage loans for processing. Must be well versed in the TRID regulations. The Loan Opener will be responsible for preparing and sending out the Loan Estimate and all applicable disclosures within the three day regulation to the Members. They will also order all third party reports for the file. Establishes loan files and orders documentation required to process loans. Is accountable for the accuracy and completeness of all loan documentation, under general supervision, but in accordance with established policies and procedures. Responsibilities : Specific duties include, but are not limited to, the following: Review residential mortgage loan applications and documents within the loan origination system, including but not limited to an executed loan application, credit report, tax returns, income statements, fully executed purchase contract (as applicable), mortgage statement (as applicable), complete income calculator, etc. Inputs and updates data into loan origination systems and assures adequate file integrity. Orders all third-party reports: Flood, USPS to verify the property address and all fraud reports. Prepares the Loan Estimate by obtaining the recording fee, transfer taxes, mansion tax if applicable and any other fees that will need to be disclosed to the borrower. Reviews the entire file for accuracy and compliance in LOS and assigns loan to Processor. Assigns loan to MCU bank attorney in round robin scheme. Generates and/or ensures timely generation of all required documentation. Works with assigned Mortgage Loan Officer and loan processor, to resolve any file discrepancies in order to ensure timeliness of rate locks, compliance, and loan delivery. Manage an assigned pipeline of loans. Update general comments in loan notes with all activity on the loan. Maintains a high level of member service by being proactive in communication with members, attorneys, title company representatives and staff members. Interacts with outside vendors and service providers to facilitate the loan process. Perform other related duties as requested and special projects as assigned. Requirements : Bachelor’s degree or equivalent work experience. Knowledge of Fannie Mae, FHA, and all other secondary market guidelines. Knowledge in the areas of TRID, Appendix Q, RESPA, MDIA, HMDA, TILA, ECOA, FCRA, Fair Lending. Excellent problem solving skills. Strong written and verbal communication skills. Ability to effectively prioritize tasks and meet deadlines. Must be flexible and adaptable in a changing environment. Ability to work overtime when required. Proficiency in Microsoft Office Suite. Strong PC skills. Familiar with MortgageBot and DocMagic, a plus but not required. Self-motivated, ability to communicate within a team to solve issues and drive results, positive attitude. Requires attention to detail and organizational skills. Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail. Technologically proficient. Must know all TRID guidelines and regulations. 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 contribution 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.

Keywords: Municipal Credit Union, White Plains , Real Estate Loan Opener, Accounting, Auditing , New York City, New York