Senior Loan Processor

San Francisco Federal Credit Union•San Francisco, CA

19d

About The Position

The Senior Real Estate Loan Processor is responsible for delivering an exceptional member experience while processing conventional and non-conventional mortgage loans and lines of credit. This includes all major functions during the loan process including file preparation for underwriting submission, document preparation, tracking and scanning. The position requires data input into the loan origination system from loan origination through final loan approval. The Senior Real Estate Loan Processor communicates on loan status to members, vendors, and any parties involved with the transaction. The Senior Real Estate Loan Processor must be registered and NMLS compliant.

Requirements

Requires an associate’s degree (AA) with a minimum of four (4) years’ mortgage lending experience and customer service.
Current knowledge of Federal and State laws and regulations to ensure compliance with FHLMC, FNMA, correspondent lenders, and regulators.
Strong verbal and written communication skills with demonstrated ability to communicate professionally.
In depth knowledge of lending compliance, credit risk analysis, and pricing.
Ability to work on own, and in a team environment.
ICE/Encompass knowledge preferred.
Demonstrated analytical and critical thinking skills with the ability to complete multiple competing tasks at the same time, while meeting established expectations.
Strong computer skills, including Windows, Word, Excel, Outlook, Microsoft Office Suite.
Must possess strong problem-solving skills and ability to identify and resolve problems and issues and also identify opportunities that can enable members to secure their financial vision.

Nice To Haves

ICE/Encompass knowledge preferred.

Responsibilities

Prepares the data and supporting documents to support an underwriter’s loan decision on real estate files on the Loan Origination System from application through final loan approval.
Ensures timely ordering and accuracy of all loan documents and data input from such data sources as credit reports, flood certificates, preliminary title reports, homeowners’ insurance, income documentation, and appraisal reports.
Seeks out outstanding conditions and sets proper expectations for those conditions to ensure timely loan closing.
Identifies and escalates potential problems or delays to underwriters and/or managers.
Communicates clearly and concisely with loan originators, underwriters, and closers.
Performs other duties as assigned