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CoastHills Credit Union · 1 day ago

Real Estate Loan Originator

Santa Maria, CA, US

Full-time

Onsite

Entry, Mid Level

$24/hr - $27/hr

2+ years exp

CoastHills Credit Union is seeking a Real Estate Loan Originator to perform a variety of member loan duties in the Real Estate Department. The role involves originating real estate loan applications, reviewing and verifying information, and assisting members in identifying suitable loan products.

BankingFinancial ServicesMobile Payments

Growth Opportunities

Responsibilities

Receives and originates real estate loan applications

Reviews and verifies information, obtains credit reports and verifies credit references

Computes interest and payments

Communicates daily with front line employees regarding status on applications

Communicates regularly with Real Estate Agents and Title and Escrow Officers to obtain fees necessary to produce initial disclosures

Prepares initial disclosures

Assigns loans to the appropriate employees within the Real Estate Department

Receives incoming supporting application documentation; uploads documentation to the file cabinet

Issues documentation within the required time frames to adhere to regulatory waiting periods

Assists members in identifying real estate loan products which best meet their needs while maintaining real estate lending standards

Takes mortgage applications over the phone

Follows up with members regarding initial disclosure packages and notices of incompleteness

Responds to members’ inquiries and requests; assists in completing forms and documents

Submits loans to Automated Underwriting System (AUS) and has knowledge of how to read AUS results

Maintains updated system comments within the loan application

Explains reasons for adverse action and explore options for members when loans are declined

Helps and provides guidance to mortgage originators

May serve as a department floater depending on pipeline volume to assist in other areas of the Real Estate Department as needed

Performs duties in compliance with Credit Union policy and appropriate regulatory statutes

Maintains current job knowledge of Credit Union policies, procedures, and services. Uses cross-selling techniques to promote other Credit Union services

Regularly attends and participates in in-house training

Performs duties as assigned by management and may be assigned to work at any location

Qualification

Real estate loan processingNMLS registrationCredit Union policiesComputer systems knowledgeOffice equipment operationEffective communicationTime management

Required

Two or more years increasingly responsible experience in real estate loan processing in real estate or financial institution

Required to be registered with NMLS and renew registration each year

Credit Union products, services, programs and promotions

Credit Union real estate policies, procedures and practices

Knowledge of various computer systems and software necessary to effectively perform job

Performs duties accurately and efficiently, even with frequent interruptions

Operates variety of office equipment and machines

Travels, attends, and participates in meetings, seminars, and conferences held before and after normal business hours that may require unaccompanied long-distance travel and overnight lodging

Ability to work a variety of hours, including evenings and weekends