Real Estate Loan Processor III

Coordinate all the documentation requirements to complete real estate loan transactions, from submission of real estate application to loan closing. Work closely with loan underwriters to ascertain compliance with the Credit Union's policies and with applicable statutes and regulations. Identify cross-sell opportunities and refer to the appropriate sales representatives.

Essential Duties and Responsibilities

• Perform clerical duties to support the originator/ underwriter in meeting production goals (i.e. filing and other miscellaneous clerical duties pertinent to the loan application process).
• Order, verify, and follow up on required documentation in accordance with the Credit Union standards and policy requirements.
• Correspond and follow up with various vendors on a timely manner to meet all deadlines.
• Thoroughly and completely process and evaluate real estate loan files for submission to underwriters for review and approval.
• Validate all data entries.
• Approve low-risk conditions.
• Apply system lock and process redisclosure for change in circumstance.
• Keep informed of current real estate lending trends relative to rates, fees, sales, and general market trends.
• Process in accordance with regulatory and investor requirements.
• Assist in training other processors/ closers in various job functions and responsibilities.
• Look for cross-sell opportunities and refer to the loan officers when applicable.
• Perform other duties as assigned.

Technical Competencies and Skills Needed

• Real Estate Settlement Procedures Act (RESPA)
• Mortgage Regulations
• Regulatory Regulations
• Loan Origination Software

Experience and Education

• Three years of real estate loan processing and/ or closing with excellent working knowledge of investor (and Credit Union) product/ program policies and procedures
• High school diploma

Minimum Physical Requirements

• Sitting for prolonged periods at a desk working on a computer.
• Manual dexterity to use hands for handling or feeling and reaching with hands and arms.
• Visual acuity for electronic (on screen) or paper document review.
• Communication skills to talk and hear effectively on the phone and in online and in-person meetings.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and responsibilities.

Benefits And Compensation

The expected pay range for the Mortgage Processor III is $26 to $31.25 per hour. 

This range reflects the compensation we reasonably expect to offer for this role based on typical qualifications and market data. The pay offered may vary depending on the candidate’s experience, skills, and other relevant factors.

We cover 100% of employees’ single medical, drug, vision, and dental monthly health insurance premiums. Employees also love receiving paid volunteer time, our pay it forward program, and matching their charitable donations up to $250 per year per employee. Tuition assistance for higher education is another special way we invest in our workforce. Benefits include, Paid Time Off and 11 Paid Holidays, 401(k) and 3% Employer Contribution, Health insurance, Paid time off, Vision insurance, Dental insurance, Prescription drug insurance, Tuition reimbursement, Life insurance, Flexible spending account, Disability insurance, Opportunities for advancement, Employee assistance program, Referral program, Retirement plan, Employee discount, Paid training, Professional development assistance, AD&D insurance, Volunteer time off, Credit union membership, Paid orientation, and more.

About Company

HawaiiUSA Federal Credit Union is a local, not-for-profit, federally insured financial cooperative, owned and operated by our members since 1936. We are dedicated to helping members achieve their financial goals and our employees reach their career aspirations. We are committed to our community by extending ourselves through our time, efforts and resources.  Our motto, Life Matters, means celebrating life’s experiences and creating fulfilling work opportunities, not just jobs.