- Albuquerque, New Mexico, United States
- On-site
- Full-time
As a Real Estate Loan Processor at Sandia Area, you are responsible for processing, reviewing, assisting with and electronically storing real estate loan documentation. This full time, on-site role works closely with loan officers and other stakeholders to facilitate the loan approval and closing process.
Responsibilities
- Maintain a thorough understanding and strict adherence to credit union regulations, compliance requirements, policies, procedures, and operational guidelines.
- Received and reviews real estate loan applications, ensuring all required documentation is complete, accurate and in compliance with established policies and procedures.
- Performs home equity loan pre-closing duties, to include order and reviewing appraisals, prepare and sending disclosures within regulatory timeframes, order and reviewing title searches and flood certificates, obtaining updated homeowners insurance, and other required tasks.
- Performs home equity post-closing duties, to include funding the loan, assembling loan files, following up on releases of mortgage and other required tasks.
- Assists in background loan functions as rate changes, HMDA, borrower insurance monitoring, mortgage releases and mailing adverse actions.