Real Estate Loan Processor

Love Where You Work•Provo, UT

17h

About The Position

Responsible for providing clerical support for all mortgage loan processing activities. Receives, evaluates, and reviews all information necessary in preparing loans for underwriting and closing. Communicates loan status to all parties involved including buyer, seller, realtor, and title company representatives. Assists or refers members as necessary.

Requirements

High school graduate or equivalent.
Understanding and mastery of mortgage loan processing functions for all government and conventional lending programs as well as lot and construction loan programs.
Knowledge of mortgage related requirements, procedures, and underwriting criteria.
Two to four years of mortgage processing experience.
Excellent, verbal, written and public relations skills.
Efficient use of computer applications.
Able to learn quickly and work under pressure.
Able to analyze and process financial information.
Well organized.

Responsibilities

Provides effective clerical support for all phases of mortgage loan activities.
Reviews new loan applications.
Prepares and issues conditional loan approvals for borrowers.
Orders appraisals, credit reports, and title reports. Logs dollar amounts received and verifies employment, salary, assets, and liabilities.
Resolves loan application problems. Assists loan officers and applicants in addressing credit report problems, low appraisals, low salary levels, and high debt ratios.
Reviews information for completeness and accuracy. Clarifies missing or questionable information. Follows up with outside sources of outstanding documents. Ensures that all necessary items are available for underwriting. Tracks development of information to ensure compliance with underwriting guidelines. Resolves conditions of underwriting. Submits loans for final approval.
Communicates status of loans to loan officer, buyer, seller, realtor, and title company.
Prepares files for closing. Validates all loan information, orders homeowner's insurance and flood certification, and generates closing documents.
Maintains professional business relationships with members, mortgage professionals and UCCU personnel.
Resolves (or refers) member requests and problems promptly and courteously, answers questions regarding applications in the process of approval, and notifies members of additional information required.
Maintains and conveys the Credit Union's professional reputation.
Completes status reports and records promptly and accurately and keeps loan officers and management informed of area activities and of significant problems.
Attends meetings as required.
Maintains a professional, clean and well-kept appearance. Approaches job responsibilities and relationships with a positive attitude. Ensures that work area is clean, secure, and well maintained.
Willing to cover absent Mortgage Loan personnel as required.
Professionally cross-sells Credit Union services.
Works a regular and predictable schedule.