Residential Lending Loan Processor

Farm Credit Bank Of Texas • Fostoria, OH

127d

About The Position

The Residential Lending Loan Processor performs the functions necessary to keep detailed and accurate accounting of borrower records and reports; assists in the extension of credit specifically around loan underwriting; provides efficient and congenial support while assisting the Association in the servicing and growth of business.

Requirements

• Education and/or experience equivalent to an Associate's Degree in business, accounting or finance.
• 3 years of loan processing experience (residential lending processing experience preferred).
• Superior written and oral communication skills and decision/problem-solving skills.
• Ability to work independently and to maintain confidentiality.
• Thorough knowledge of PC operations and communication systems.
• Demonstrated attention to detail.
• Adaptable to changing conditions.
• Able to respond promptly to requests for service and assistance.
• Ability to meet commitments and follow through on tasks.
• Ability to move files and other documents.
• Ability to travel to Lending Offices as well as other locations for training and meetings.

Responsibilities

• Process reporting to all credit bureaus monthly.
• Process HMDA reporting on an annual basis, update reports on a quarterly basis.
• Process USDA Guaranteed loan quarterly reporting, and USDA Default Status reporting monthly.
• Primary person responsible for updating Bytepro Enterprises custom forms, fee schedules, print sets, etc.
• Process and underwrite portfolio residential loans with tasks including the ordering and follow up function of: Appraisal and Title work, Flood Determinations, Verification of Employment.
• Approve Loan Estimates and Closing Disclosures.
• Order construction inspections and evaluate inspection reports for project completion.
• Keep record of waiver of lien, affidavit of contractor W-9's and borrower approval documents and initiates construction disbursements accordingly.
• Works closely with the Director of Consumer Lending as issues arise on construction projects and progress.
• Backup duties include: Assists with Note Mods. Processor for Secondary Market loans.
• Efficiently perform responsibilities to assist management in the successful financial performance of the Lending Offices and the association to meet or exceed lending goals.

Benefits

• Competitive compensation
• Top-rated benefits program
• 401k Plan with company match
• Tuition reimbursement, sponsored training and career development opportunities
• Generous paid time off with 11 holidays observed
• Employee Assistance Program
• Community Service PTO
• “Dress for your day” dress code
• Schedule Monday to Friday, 8:00am-4:30pm

What This Job Offers

• Job Type: Full-time
• Education Level: Associate degree