What are the responsibilities and job description for the Home Equity Loan Processor position at Altra Federal Credit Union?
JOB REQUIREMENTS: Review home equity loan applications for accuracy and
completeness. Verify employment, income, and assets to ensure
eligibility and compliance. Order and review appraisals, title searches,
flood determination, proof of insurance, tax bill information, and other
supporting documents. Monitor Loan Origination System (LOS) queues to
draft all types of home equity documents for completion. Build and
maintain strong relationships with sales, underwriting, processing and
closing staff to provide timely updates. Catch and fix errors on loan
applications, solve problems, resolve issues, and provide mentoring to
co-workers as needed. Process, fund and disburse all new home equity
loans. End-of-day closing procedures, which include balancing the
national branches and securing checks and securing confidential data in
the vault. \*\*\*\*\* OTHER EXPERIENCE AND QUALIFICATIONS: High school
diploma (or equivalent) required. 1 year of financial experience
Required. Previous Lending Experience Preferred. Good Understanding Of
credit union policies, systems, documents, NCUA regulations, and other
laws pertaining to home equity/mortgage lending. Strong decision-making
skills and the ability to solve difficult problems effectively.
Attention to detail and accuracy. Excellent communication and
interpersonal skills with a passion for helping people. \*\*\*\*\*
APPLICATION INSTRUCTIONS: Apply Online:
https://www.altra.org/about-us/careers
completeness. Verify employment, income, and assets to ensure
eligibility and compliance. Order and review appraisals, title searches,
flood determination, proof of insurance, tax bill information, and other
supporting documents. Monitor Loan Origination System (LOS) queues to
draft all types of home equity documents for completion. Build and
maintain strong relationships with sales, underwriting, processing and
closing staff to provide timely updates. Catch and fix errors on loan
applications, solve problems, resolve issues, and provide mentoring to
co-workers as needed. Process, fund and disburse all new home equity
loans. End-of-day closing procedures, which include balancing the
national branches and securing checks and securing confidential data in
the vault. \*\*\*\*\* OTHER EXPERIENCE AND QUALIFICATIONS: High school
diploma (or equivalent) required. 1 year of financial experience
Required. Previous Lending Experience Preferred. Good Understanding Of
credit union policies, systems, documents, NCUA regulations, and other
laws pertaining to home equity/mortgage lending. Strong decision-making
skills and the ability to solve difficult problems effectively.
Attention to detail and accuracy. Excellent communication and
interpersonal skills with a passion for helping people. \*\*\*\*\*
APPLICATION INSTRUCTIONS: Apply Online:
https://www.altra.org/about-us/careers