Real Estate Loan Specialist

Description

Role:

Responsible for providing real estate processing and support to the Real Estate Department, contributing to the delivery of prompt, efficient and accurate service all with a high level of member service.

Essential Functions & Responsibilities include but are not limited to:

1. Complete all loan estimates.
2. Identify loan products to meet borrowers needs.
3. Input all paper applications and import on-line applications.
4. Make the initial and any follow-up phone calls to obtain additional documentation needed.
5. Forward loans through the workflow to the loan officers for underwriting.
6. Order appraisals.
7. Reviews all documentation for accuracy and appropriate signatures.
8. Prepares file for closing, submits to attorney and coordinates closing with title company or branch office.
9. Works with and schedules Title Company for loan closing
10. Conducts all in-house loan closings
11. Process all loan funding
12. Balance funding GL
13. Maintains records/files, assembles post-closing packages; verifies all documentation has been received, signed and dated; assures loan package is correct, complete and ready for filing.
14. Maintains communication with members and third-party providers on loan status.
15. Maintains working knowledge of regulatory compliance related to member services and financial services area to include (but not limited to): BSA reporting requirements, OFAC, USA Patriot ACT, Red Flags, Regulation CC, Regulation D, Regulation E, Truth in Savings, Truth in Lending, Privacy, etc.
16. Answers telephone inquiries from members on routine inquiries regarding payoffs, collections, beneficiaries and other details of existing loans.
17. Other job duties as assigned

Qualifications

Position Requirements:

• Minimum one year similar or related real estate experience preferred.
• A high school education or GED required.
• Serve as a Notary Public.
• Ability to analyze data for equitable resolutions.
• Proficient with problem solving and critical thinking skills.
• Excellent written and verbal communication skills.
• Excellent organizational skills.
• Ability to work regular full-time hours.
• Ability to work on-site at designated location.
• Ability to communicate with courtesy, tact, and diplomacy and model exemplary member service.
• Proficiency in Microsoft Office software applications.
• Must be bondable

Ergonomic Considerations:

• Must be able to sit and/or stand for extended periods of time (6 to 7 hours per day).
• Must be able to view a computer screen, use a keyboard to enter information, and manipulate a mouse.
• Job includes some repetitive hand/wrist motions.
• Ability to operate office machinery.
• Ability to lift up to 25 pounds.

This job description is not a comprehensive list of all activities, duties, and responsibilities of the position. Such requirements may be expanded or otherwise changed at any time as indicated by the operational needs of the credit union. Employees may also be required to assist colleagues with their job responsibilities from time to time.