Loan Servicing Equity Processor

Regions Financial • Hattiesburg, MS

120d • $32,465 - $38,648

About The Position

At Regions, the Loan Servicing Equity Processor collects and validates documents received for the loan file to be submitted to underwriting for final approval.

Requirements

• High School Diploma or GED
• Applicants will be expected to pass any assessment associated with the position
• Detail oriented
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
• Strong time management

Responsibilities

• Processes equity review
• Collects documentation to determine whether to foreclose, charge off, monitor a loan that is over 100 days past due (appraisal, credit report, title, etc)
• Calculates the amount of equity needed to make a decision
• Communicates with the customer to validate the data integrity of the loan file and loan application
• Collects and reviews the documentation as required by the underwriter
• Manages and updates the loan status every three business days
• Orders third party documentation to support data collected in file or required for final loan approval
• Submits completed files to underwriting in a timely manner to attain the closing date of the loan

Benefits

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED