Real Estate Loan Processor
About The Position
The Real Estate Loan Processor maintains real estate loan files and assists with real estate loan applications, processing loan requests, and making loan disbursements. The position reviews application files for accuracy, obtains supporting documents from third-party providers, tracks required dates, and prepares files for closing. It coordinates closings with attorneys, title companies, or branch offices, verifies prior-day activities, and communicates with members and third-party providers about loan status. The role also requires maintaining working knowledge of applicable regulatory compliance requirements for member and financial services.
Requirements
- At least one year of similar or related real estate experience.
- High school education or GED.
- Serve as a Notary Public.
- Ability to analyze data for equitable resolutions.
- Problem-solving and critical-thinking skills.
- Ability to work regular full-time hours.
- Ability to work on-site at the designated location.
- Ability to communicate with courtesy, tact, and diplomacy and model exemplary member service.
- Proficiency in Microsoft Office software applications.
- Must be bondable.
- Ability to sit and/or stand for extended periods, approximately 6 to 7 hours per day.
- Ability to view a computer screen, use a keyboard to enter information, and manipulate a mouse.
- Ability to perform repetitive hand and wrist motions.
- Ability to operate office machinery.
- Ability to lift up to 25 pounds.
Responsibilities
- Review real estate loan application files to verify application data is accurate.
- Contact third-party providers for supporting documents needed to complete files.
- Manage loan applications and files to ensure required dates are met.
- Prepare files for closing, submit them to an attorney, and coordinate closing with a title company or branch office.
- Verify prior-day activities for accuracy.
- Maintain communication with members and third-party providers regarding loan status.
- Maintain working knowledge of regulatory compliance related to member and financial services, including BSA reporting requirements, OFAC, USA PATRIOT Act, Red Flags, Regulation CC, Regulation D, Regulation E, Truth in Savings, Truth in Lending, and Privacy.
- Perform other job duties as assigned.
Benefits
- Annual paid time off.
- Quarterly performance review.
- Annual compensation review.
- Medical, dental, and vision coverage, including PPO plans.
- Employee Assistance Program (EAP).
- 401(k) retirement plan with a 100% employer match on contributions up to 6% of base income.
- Employer-paid short-term disability, long-term disability, life insurance, and accidental death and dismemberment insurance.
- Voluntary additional life insurance for employees and dependents, hospitalization insurance, critical illness insurance, prepaid legal services, and identity protection.
- Ongoing leadership training and development.
- Career path and succession planning.
- Community volunteer opportunities.
- Employee scholarships.
- AAA discount.
- Discount tickets to events and travel.
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What This Job Offers
Job Type
Full-time
Education Level
High school or GED
