REAL ESTATE LOAN PROCESSOR

SANDIA AREA FEDERAL CREDIT UNION•Albuquerque, NM

4d•Onsite

About The Position

The Real Estate Loan Processor at Sandia Area Federal Credit Union processes, reviews, assists with, and electronically stores real estate loan documentation. This full-time, on-site role works closely with loan officers and other stakeholders to facilitate loan approval and closing. The position is based at the Rutledge Operations Center in Albuquerque, New Mexico. The role requires adherence to credit union regulations, compliance requirements, policies, procedures, and operational guidelines. It includes reviewing loan applications and documentation, carrying out home equity loan pre- and post-closing duties, and assisting with background loan functions. The employee is expected to demonstrate the organization’s values of Service, Sustainability, Efficiency, Trust, Stewardship, and Growth.

Requirements

High school diploma or GED.
Two years of applicable experience.
Knowledge of basic lending procedures and real estate, with an understanding of financial institution operations.
Excellent interpersonal, verbal, and written communication skills.
Exceptional attention to detail.
Strong time management and organizational skills, including the ability to prioritize tasks, manage multiple responsibilities, and adapt to a fast-paced environment.
Ability to seek professional growth, adapt to new responsibilities, and embrace formal and informal development opportunities.
Team-oriented, collaborative approach and willingness to support colleagues.
Proficiency in Microsoft Outlook, Word, Excel, and PowerPoint.
Ability to perform essential functions, including lifting up to 10 pounds as needed.
Directly related experience may be considered as a substitution for the minimum requirements.

Nice To Haves

Two- or four-year degree in business or a related field.
General knowledge of credit union operations.

Responsibilities

Maintain a thorough understanding of and strictly adhere to credit union regulations, compliance requirements, policies, procedures, and operational guidelines.
Receive and review real estate loan applications to ensure documentation is complete, accurate, and compliant with established policies and procedures.
Perform home equity loan pre-closing duties, including ordering and reviewing appraisals, preparing and sending disclosures within regulatory timeframes, ordering and reviewing title searches and flood certificates, obtaining updated homeowners insurance, and completing other required tasks.
Perform home equity post-closing duties, including funding loans, assembling loan files, and following up on mortgage releases.
Assist with background loan functions such as rate changes, HMDA, borrower insurance monitoring, mortgage releases, and mailing adverse actions.