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Real Estate Loan Processor

Location: Centertown
Posted on: January 15, 2022

Job Description:

Real Estate Loan Processor

To assist loan originators and members with their loan applications; process and make loan disbursements.

Essential Functions and Responsibilities:

Reviews residential loan application files to verify that application data is complete and meets bank standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
Calls specified companies to obtain property abstract, survey, and appraisal; informs supervisor of discrepancies in title or survey.
Calls or writes credit bureau and employer to verify accuracy of information.
Types loan application forms; submits mortgage loan application files for underwriting approval.
Prepares and mails approval and denial letters to applicants.
Records data on status of loans, including number of new applications and loans approved, canceled, or denied.
Performs other related duties as assigned.

Knowledge and Skills:

One year to three years of similar or related experience.
(1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Must have good communication skills. Ten key calculator, typewriter and keyboard skills.

Keywords: RIVER REGION CREDIT UNION, Columbia , Real Estate Loan Processor, Other , Centertown, Missouri

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