→Review credit applications and credit reports for accuracy and compliance concerning bank regulations.
→Prepare early disclosures that Federal regulators require.
→Responsible for ordering title searches, appraisals/evaluations, and surveys from third-party vendors.
→Prepare documentation for all new Real Estate loans, including modifications and extensions, utilizing the Bank’s internal software (FLO) and the Bank’s Attorneys.
→Record loans on the Bank’s system and prepare general ledger tickets for funding.
→Review credit approval packages for accuracy to ensure compliance with Bank policy, procedures, and guidelines.
→Communicate any deficiencies or exceptions to Production Officers and/or Lending Assistants and assist with the corrections.
→Primary contact for loan documentation-related questions for all internal personnel.
→Verify all insurance coverage before closings.
→Coordinate closings with Title Company.
→Provide pay-off statements as needed.
→Responsible for requesting the release of liens from Bank Attorneys as needed.
→Image and track customers’ financial information.
→Preparation of HMDA packages when required.
→Stay abreast of changes in Bank procedures and policies and bank regulations.

Job Skills and Qualifications

→High school diploma or equivalent required.
→Two years of Real Estate loan processing experience is preferred.
→Strong decision-making and organizational skills.
→Precise attention to detail.
→Ability to handle heavy volumes of work under pressure in a deadline-driven environment.
→Proficient multi-tasking and prioritizing skills.
→This job requires skills in a typical office environment. Knowledge of Microsoft Office is preferred.
→Standard work hours are Monday through Friday, 8:00 am to 5:00 pm, with occasional overtime.
→This is an onsite position.

Real Estate Loan Processor

Listing Details