Real Estate Loan Processor
About The Position
The Real Estate Loan Processor coordinates the processing, closing, and funding of all real estate loans. The role reviews loan packages for approvals, documentation, regulatory compliance, and timing requirements; prepares borrower commitment letters and disclosures; and coordinates with borrowers, bank attorneys, title companies, and other parties to complete closings and funding. It also processes post-closing files, prepares HMDA information, scans completed files, and quotes and issues loan payoffs. This is a full-time, on-site position at the League City location, Monday through Friday, from 8:30 a.m. to 5 p.m. The work is performed in a clerical office setting and has no supervisory responsibilities. No travel is normally expected, although temporary placement at other locations may occur due to vacation, illness, or staff shortages.
Requirements
- High school diploma or equivalent.
- At least one year of banking experience is preferred.
- Basic knowledge of real estate or mortgage lending is preferred.
- Basic knowledge of real estate or mortgage lending.
- Basic knowledge of bank operations.
- Decision-making capability.
- Technical capacity.
- Stress management and composure.
- Attention to detail and thoroughness.
- Communication proficiency with borrowers, lending staff, insurance agents, taxing entities, attorneys, and title companies.
- Ability to perform the listed physical demands, including manual dexterity, lifting files, opening filing cabinets, and bending, stooping, or standing as necessary.
Nice To Haves
- At least one year of banking experience.
- Basic knowledge of real estate or mortgage lending.
- Multilingual capabilities, including Spanish.
Responsibilities
- Review real estate loan packages for required approvals and documentation, and determine whether loans meet federal regulations and timing requirements.
- Prepare commitment letters and disclosures for borrowers.
- Order flood determinations.
- Assist with ordering title reports, title commitments, and surveys through the title company.
- Review and approve insurance coverage obtained by borrowers.
- Coordinate with the bank attorney to prepare closing documents; review received documents for accuracy, secure them through watermarking, and transfer them into a secure PDF file.
- Prepare in-house documents for home equity loans.
- Coordinate closings with the title company, including sending documents, preparing the Closing Disclosure, approving the HUD/CD, and verifying funding.
- Process real estate files for funding after closing, including preparing general ledger entries, deposit slips, wire transfers, a real estate checklist, a TRID calendar, a TRID baseline form, and a loan jacket; verify that documents are correctly dated, signed, and notarized.
- Gather information and prepare HMDA summaries in HMDAWiz for reporting purposes.
- Scan completed real estate files into ImageCentre, including tracking.
- Quote and issue payoffs for real estate loans.
- Ensure the Code of Ethics is followed and report Code of Ethics or internal fraud violations.
- Follow all bank policies and procedures.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
