What are the responsibilities and job description for the Real Estate Loan Processor position at Texas First Bank?
Join Texas First Bank!
Founded in 1973, Texas First Bank is a fast-growing community bank with 27 locations across Southeast Texas. Our people are our greatest asset, and were dedicated to helping employees and communities thrive.
Text REPROCESSOR to (281) 688-6192 to apply and submit your resume!
Job Summary
The Loan Processor will primarily handle real estate loans, prepare disclosures and loan documents, and coordinate loan closing. We are a fast-paced department and must be able to monitor all activity in Salesforce and answer phone calls and emails quickly and efficiently.
Responsibilities and Duties
- Review credit applications and credit reports for accuracy and compliance concerning bank regulations.
- Prepare early disclosures that Federal regulators require.
- Responsible for ordering title searches, appraisals/evaluations, and surveys from third-party vendors.
- Prepare documentation for all new Real Estate loans, including modifications and extensions, utilizing the Banks internal software (FLO) and the Banks Attorneys.
- Record loans on the Banks system and prepare general ledger tickets for funding.
- Review credit approval packages for accuracy to ensure compliance with Bank policy, procedures, and guidelines.
- Communicate any deficiencies or exceptions to Production Officers and/or Lending Assistants and assist with the corrections.
- Primary contact for loan documentation-related questions for all internal personnel.
- Verify all insurance coverage before closings.
- Coordinate closings with Title Company.
- Provide pay-off statements as needed.
- Responsible for requesting the release of liens from Bank Attorneys as needed.
- Image and track customers financial information.
- Preparation of HMDA packages when required.
- Stay abreast of changes in Bank procedures and policies and bank regulations.
Job Skills and Qualifications
- High school diploma or equivalent required.
- Two years of Real Estate loan processing experience is preferred.
- Strong decision-making and organizational skills.
- Precise attention to detail.
- Ability to handle heavy volumes of work under pressure in a deadline-driven environment.
- Proficient multi-tasking and prioritizing skills.
- This job requires skills in a typical office environment. Knowledge of Microsoft Office is preferred.
- Standard work hours are Monday through Friday, 8:00 am to 5:00 pm, with occasional overtime.
- This is an onsite position.
Salary Grade 04
EOE/Disability/Veteran