Sr. Real Estate Loan Processor - EXPERIENCE REQUIRED!

What do we do? We get your resume seen, prepare you for the interview, and get you a job offer! Addvantage Credit Union Staffing was founded in 2002, and exclusively staffs credit unions. We have helped thousands of candidates around the country get their foot-in-the-door at top credit unions and we are most proud of our high placement rate! Thank you for considering the following position in your job search! We are currently seeking an experienced Sr. Real Estate Processor for a credit union located in Valencia, CA ! Type: Full-time, temporary, possible temp-to-hire Pay: $33-47/hr Hours: M-F 8:00am to 5:00pm or a shift close to those hours (onsite)

ESSENTIAL DUTIES AND RESPONSIBILITIES

Responsible for processing mortgage loans from application through funding. Ensure loans meet the guidelines established by the Credit Union and federal and state regulations.Processes all residential real estate loans including Purchase, Refinance, and Home Equity. Analyzes member's income, including but not limited to, Individual Federal Income Tax Returns (all schedules); Rental Income; Alimony/Child Support; Retirement Income, etc. Prepares preliminary analysis of Self-Employed members, including by not limited to Corporate Tax Return and Partnership Returns. Analyzes preliminary title policy report to underwriting guidelines. Works with Title and Escrow Company and assist member with clearing clouds on title. Analyzes appraisal report to underwriting guidelines. Demonstrates ability to analyze comparable selection, net/gross adjustments, appraiser comments, etc. Reviews credit reports and analyzes credit history in accordance with underwriting guidelines. Prepares Final Closing Documents and coordinates signing with Escrow Company. Funds all real estate loan types and follows up on necessary post closing documentation. Ensures that all loans are processed accurately and are properly documented, and that loan policy and procedure, services and products meet federal and state regulations as well as investor and post closing Loan Quality Analyst requirements. Analyzes loan applications based on applicable Fannie Mae, Private Mortgage Insurance, other investor, credit and property guidelines and program profiles. Accurately inputs all required information for HMDA. Prepares file for underwriting and/or policy exception when necessary. Explores options for denied and/or marginal loans with Loan Officer / Underwriter / Manager.

REQUIREMENTS

Must have 3-5 yrs experience in real estate lending processing to FNMA/FHLMC & jumbo guidelines. A thorough knowledge of the laws and fundamentals of real estate lending (1st, 2nd & HELOC'S). Able to analyze income from all sources. Ability to multi-task and work in a fast-paced, goal-driven environment. Ability to obtain NMLS License within 3 months of hire. Working knowledge of the Microsoft suite of office products. Ability to learn new skills quickly and implement effectively. Ability to gather and analyze data. Experience using Symitar, DU, and Prime Alliance a plus. #J-18808-Ljbffr Frey Consulting Group