Sandia Area Federal Credit Union · 15 hours ago
REAL ESTATE LOAN PROCESSOR
Albuquerque, NM 87109
Full-time
Onsite
Entry, Mid Level
2+ years expSandia Area Federal Credit Union is committed to delivering high-value banking and lending services. They are seeking a Real Estate Loan Processor who will be responsible for processing, reviewing, and assisting with real estate loan documentation while ensuring member satisfaction and operational efficiency.
BankingFinancial ServicesNon Profit
Responsibilities
Receives and reviews real estate loan applications, ensuring all required documentation is complete, accurate and in compliance with established policies and procedures
Prepares Loan Estimates and Closing Disclosures accurately and distributes them in accordance with federal consumer regulations
Identifies and reports any suspicious activities, potential fraud and compliance violations to the appropriate channels
Completes a review of Property Valuation Reports in accordance with established policies and procedures
Prepares loan documents in accordance with the loan approval, regulatory compliance requirements and consumer elected products such as debt protection
Funds and disburses home equity loan proceeds in accordance with loan instructions utilizing available automation or manual processes
Performs home equity loan pre-closing duties, to include ordering and reviewing appraisals, preparing and sending disclosures within regulatory timeframes, ordering and reviewing title searches and flood certificates, obtaining updated homeowners insurance, and other required tasks
Communicates with appropriate staff and borrowers to gather missing information, resolves discrepancies and provides updates on loan application status
Responds promptly and professionally to borrower, appraiser and Title Company inquiries, providing exceptional member service throughout the loan process
Ensures clear and effective communication channels are maintained with internal and external stakeholders
Assists with background loan functions such as rate changes, HMDA, borrower insurance monitoring, mortgage releases, and mailing adverse actions
Prepares and/or reviews loan documents to ensure timely closing
Completes quality control audits as assigned
Assists in Member First Mortgage quality control audits
Assists in creating paper files for Member First Mortgage loan documentation
May participate in special lending-related projects as directed
Ensure the Real Estate Loan Processing Supervisor is kept fully informed of department activities and of any significant problems or concerns
Performs home equity loan post-closing duties, to include funding the loan, assembling loan files, following up on releases of mortgage and other required tasks
Ensures that paperwork is uploaded, indexed and reviewed to the document imaging system timely and accurately
Uses Document Tracking reports to verify all files are received from the branch level and all tracking checklists are complete
Performs home equity loan post-closing duties, to include preparing and processing debt protection election or removal
Ensures appropriate wet signature original documents are filed away accurately and timely
Qualification
Required
High School Degree or Equivalent
Expertise in basic lending procedures and real estate knowledge with a requisite understanding of financial institution operations
Requires excellent interpersonal communication skills
Excellent verbal and written communication skills
Exceptional attention to detail is a must
Exceptional time management and organizational skills, with the ability to prioritize tasks, manage multiple responsibilities, and adapt to a fast-paced environment
Proactive in seeking professional growth, embracing both formal and informal development opportunities, and demonstrating adaptability to new responsibilities
Team-oriented with a strong collaborative mindset, actively supporting team members and contributing to a positive and high-performing environment
Proficient in Microsoft Office, including Outlook, Word, Excel, and PowerPoint
Ability to perform essential functions, including the ability to lift up to 10 lbs. as needed
Two (2) year(s) of applicable experience required
Preferred
Two or Four year Business or related degree preferred
General knowledge of credit union operations may be desirable
Benefits
Comprehensive Medical, Dental, and Vision Insurance
Paid Short-Term Disability, Life Insurance, and AD&D
Holiday Pay, Vacation, Birthday, Floating Holiday & Sick Leave
Tuition Reimbursement for Professional Development
401(k) Plan with Employer Match
Pension Plan for Long-term Security
Exciting Opportunities for Career Advancement
Company
Sandia Area Federal Credit Union
Sandia Area Federal Credit Union offers banking and financial services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Robert Nagaki
Chief Financial Officer
Recent News
Business Journals
2023-02-01
Business Journals
2022-09-02
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