Real Estate Processor
OVERVIEWA' The Real Estate Processor will be responsible for working with members, credit union loan officers, Mortgage Brokers, and Credit Union Account Executives to complete all processing activities for a residential first mortgage loan application.A' The Real Estate Processor will accurately package a complete residential first mortgage application for underwriting review and order all applicable third party services. The Real Estate processor will also pro-actively gather all outstanding underwriting stipulations from members and/or third parties for loan clearance, while regularly updating the member applicant of the loan status and the appropriate next steps until the loan is cleared to close from underwriting. A' Pro-active and accurate communication with members, credit union loan officers, Mortgage Brokers, and Credit Union Account Executives to ensure the maintenance of service levels and member service standards.A' S3 has a commitment to excellence and the highest standards of member service. A' Our values and beliefs are critical to the success and growth of the business and they were all created with a unique cultural foundation.A' RESPONSIBILITIESA' Review all assigned mortgage applications submitted by loan officer(s) and ensure completion of all required dataA' Ensure all RESPA disclosures have been generated accurately and delivered as required (throughout entire loan process)A' Complete all processing tasks assigned for loan application in Mortgage Loan Origination SystemA' Order and track status of: appraisal, flood cert, title report and credit supplements as required for loan completionA' Submit complete loan applications to underwriting for reviewA' Contact members regularly to provide status update and request outstanding documentation as requested by underwriting or as required by credit union guidelinesA' Maintain service levels for all processing turn-times as set forth by management including but not limited to: A' Mandatory disclosure deliveryA' Member daily/weekly/monthly communication standardsA' Loan submission to underwritingA' Loan clearance from underwriting A' Process rate-lock requests in a timely and accurate mannerA' Work in collaboration and partnership with other team membersA' Work with Home Equity team to process applications in conjunction with first mortgage applications A' QUALIFICATIONSA' High School Degree or equivalent work experience requiredA' Knowledge of and experience with a paperless mortgage process is preferredA' 2-3 years of First Mortgage Processing experience requiredA' Knowledge of all recent RESPA , TILA and HMDA requirements is requiredA' Knowledge of agency (FNMA/FHLMC/FHA/VA) guidelines and requirements, inclusive of FNMA DU and FHLMC LPA' Proficiency in MS Office (Word, Excel, PowerPoint, Outlook)A' Strong communication skills, both verbal and written, are necessaryA' Excellent customer service skills with a high attention to detailA' Prioritize workload based on department requirements and customer needsA' Strong analytical skills required with a high degree of accuracyA' Ability to work flexible hours as neededA' Ability to multi-task in other areas of the unitA' Aptitude to work independently as well as part of a teamA' Positive attitude and team-orientedA' Ability to function in changing environment A'