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Addvantage Credit Union Staffing
Sr. Real Estate Loan Processor - EXPERIENCE REQUIRED!
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What they do
A Loan Underwriter determines if the risk of offering a mortgage or loan to a particular borrower under certain parameters is acceptable to the lending organization.
$84,072 / year median in California
-19% projected decline
Job Description
Sr. Real Estate Loan Processor - EXPERIENCE
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.
REQUIRED!
Addvantage Credit Union Staffing - 4.0 Valencia, CA Job Details Temporary | Temp-to-hire | Full-time $33 - $47 an hour 13 days ago Qualifications Conventional mortgage loans Data interpretation Productivity software FNMA Full Job DescriptionMUST HAVE 3 TO 5 YEARS PROCESSING REAL ESTATE / MORTGAGE LOANS TO APPLY!
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-hirePay:
$33-47/hrHours:
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.