Home Equity Loan Processor

Langley Federal Credit Union•Newport News, VA

11h•Hybrid

About The Position

Imagine being part of a company where your growth is valued and your journey is supported. Imagine yourself at Langley Federal Credit Union, where we're dedicated to shaping a meaningful path together. You belong at Langley. Langley Federal Credit Union is one of the 100 largest credit unions in the United States with over $5B in assets and over 400,000 members. We are constantly growing and have recently expanded to neighboring states and other parts of Virginia. Langley is committed to being the best place you will ever work, and it all begins with our comprehensive employee benefits package, which includes affordable medical, dental and vision plans in addition to: Investing in You: Educational Assistance, encompassing books, lab fees, registration costs, and more. Support for Student Loan Repayment. Abundant Career Growth Opportunities. Time Off That Matters: Generous Paid Vacation that starts accumulating from day one, progressively increasing with every five years of service, up to a maximum cap. Celebrate 13 Paid Holidays, including your birthday and the day following Thanksgiving; enjoy Floating Holidays too! Paid Sick Time for all team members. Financial Security: Highly competitive 401K plan featuring a 6% company match, with immediate vesting with a ROTH IRA option. Company-covered short- and long-term disability insurance. Complimentary Life Insurance and the choice of additional Voluntary Life Insurance. Flexible Health Care and Dependent Care benefits. LANGLEY FEDERAL CREDIT UNION IS CURRENTLY HIRING FOR A FULL TIME HOME EQUITY LOAN PROCESSOR TO WORK A HYBRID SCHEDULE FROM OUR OYSTER POINT OFFICE IN NEWPORT NEWS, VA. Job Summary: Processes home equity loans and lines of credit. This representative works closely with branches, borrowers, underwriters, and appraisers to facilitate the processing of the loan from initial setup to closing. The Home Equity Loan Processor determines documentation needed for loan approval and obtains and assembles the loan package for underwriting/loan approval. The Processor is required to know regulatory, credit union policy and underwriting requirements. Obtains information necessary to complete the loan application and supporting documents according to guidelines, policies, and procedures.

Requirements

A high school diploma or equivalent is required
2 years of related experience in consumer or mortgage lending, or equivalent combination of working experience/training.

Responsibilities

Obtains, assembles, reviews, researches, and prepares documents necessary to process home equity loans and final loan approvals.
Work closely with borrowers, underwriting and branches to resolve any issues and monitors promised closing dates to meet dates established.
Communicate with members throughout the loan process to resolve any loan issues.
Ensure home equity loan file meets underwriting, compliance and quality control standards.
Manage individual pipelines resulting in on-time closings for purchases and refinances.

Benefits

Educational Assistance, encompassing books, lab fees, registration costs, and more.
Support for Student Loan Repayment.
Abundant Career Growth Opportunities.
Generous Paid Vacation that starts accumulating from day one, progressively increasing with every five years of service, up to a maximum cap.
Celebrate 13 Paid Holidays, including your birthday and the day following Thanksgiving; enjoy Floating Holidays too!
Paid Sick Time for all team members.
Highly competitive 401K plan featuring a 6% company match, with immediate vesting with a ROTH IRA option.
Company-covered short- and long-term disability insurance.
Complimentary Life Insurance and the choice of additional Voluntary Life Insurance.
Flexible Health Care and Dependent Care benefits.