Teachers Federal Credit Union · 1 hour ago
Home Equity Specialist
Hauppauge, NY
Full-time
Hybrid
Entry, Mid Level
2+ years expTeachers Federal Credit Union is one of the nation’s leading credit unions, committed to guiding members toward building a strong financial foundation. The Home Equity Specialist is responsible for originating home equity loans and lines of credit, building relationships with members and referral partners, and ensuring compliance with regulatory requirements.
BankingFinance
Responsibilities
Originates home equity loans and lines of credit while self-sourcing new business opportunities and meeting monthly production goals
Identifies and engages prospective clients to promote the credit union’s mortgage programs, products, and guidelines
Develops and maintains relationships with members and key referral partners, including centers of influence within the assigned region or state
Collects, reviews, and uploads required documentation to ensure applications meet departmental criteria and regulatory requirements
Maintains organized, compliant pipelines; manages time effectively to balance member appointments, application review, and branch support
Educates branch team members on home equity products and processes; serves as a subject-matter resource
Attends networking events on behalf of the credit union and business development teams to advance networking and prospecting opportunities
Adheres to internal policies and external regulations, including SAFE Act/NMLS, BSA (Bank Secrecy Act), AML (Anti-Money Laundering), OFAC (Office of Foreign Asset Control) and RESPA (Real Estate Settlement Procedures Act) requirements as it relates to the position
Performs other duties as needed upon request by immediate supervisor
Qualification
Required
High School diploma required
Minimum two years' experience in home equity or mortgage lending originations required
NMLS certification required. Must maintain licensing and complete all related annual continuing education
Strong written and verbal communication skills
Proficiency in Microsoft Excel, Word, and mortgage systems (MortgageBot, DNA, Salesforce)
Excellent multitasking and time management abilities to handle multiple files and deadlines
Ability to ensure timely collection and submission of loan documents from members
Up to 50% local travel to branches to educate staff on home equity products and processes
Self-motivated with the ability to work independently while meeting performance goals
Benefits
This position is eligible for our annual discretionary bonus program.
Paid time off for vacation, personal days, and holidays
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
Company
Teachers Federal Credit Union
Teachers Federal Credit Union is a company which develops finance related apps for iPhone
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Brad Calhoun
President/CEO
Denise McGlone
Chief Financial Officer
Recent News
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