Sr. Home Equity Specialist

Location
Chantilly, VA
Posted
Apr 04, 2017
Closes
Apr 24, 2017
Hours
Full Time

Sr. Home Equity Specialist

Justice Federal Credit Union seeks a Sr. Home Equity Specialist to provide information and service to members regarding JFCU equity loan products. The position provides processes home equities loans and provides support to Loan Officers.


Duties for this position include:

  • Oversees the Home Equity area, including tracking incoming applications, supporting documents, and monitoring workflow. 
  • Create and conduct ongoing quality control system for all Home Equity Loans products.
  • Responsible for sending all completed Deeds and Notes to FACT Title company, in a timely manner to ensure Deeds are recorded and  JFCU’s interest is protected.
  • Ensures all loans have current insurance policies.
  • Tracks expenses relation to second trust loan products
  • Assists in year-end reporting process
  • Prepares subordination agreements
  • Prepares release of lien documentation for paid off loans
  • Sends equity deeds to the appropriate county for recording
  • Furnishes loan payoff amounts to front line staff, members and Title Companies.  
  • Tracks post closing follow up documents; processes closing documents from closing agents, files title policies, deeds, notes and insurance declarations

Required Knowledge and Abilities:

  • 2-5 years of in depth Home Equity Lending experience required