Real Estate Loan Processor: HELOC & Home Equity Expert

Public Service Credit Union; Romulus (MI); On-site; USD 45,000 - 70,000; Full time

Benefits offered by this job

Competitive wages

Career growth and training program

Work-life balance

Health insurance (Full Time)

Paid time off

Job summary

Public Service Credit Union is seeking a detail-oriented Real Estate Loan Processor to support the processing of Home Equity Loans and HELOCs from application through closing and funding.

You will work with loan officers, underwriters, members, and third-party vendors to ensure files are complete, accurate, and compliant in a fast-paced environment while delivering exceptional member service.

Qualifications

• 1+ year of experience in loan processing, mortgage lending, real estate lending, or a related field.
• Experience processing Home Equity Loans, HELOCs, or mortgage loans.
• Familiarity with loan origination systems (LOS) and lending software.
• NMLS registration preferred.

Responsibilities

• Process Home Equity Loans and Home Equity Lines of Credit from application through closing and funding.
• Review loan applications and documentation for completeness and accuracy.
• Collect and verify required income, asset, insurance, and property documentation.
• Prepare and distribute required disclosures and notices in accordance with regulations and credit union procedures.
• Order, track, and review title work, flood certifications, AVMs, appraisals, and other required services.
• Monitor loan conditions and follow up with members, Loan Officers, Underwriters, and third-party providers as needed.
• Maintain accurate loan files and update information within the loan origination system.
• Coordinate loan closings with members, title companies, and internal stakeholders.
• Prepare loan documents and closing packages.
• Verify all conditions have been satisfied prior to closing and funding.
• Complete post-closing requirements and funding activities.
• Provide timely updates regarding loan status and outstanding documentation requirements.
• Maintain confidentiality and protect sensitive member information.
• Ensure compliance with all applicable regulations, credit union policies, and the Bank Secrecy Act (BSA).
• Perform other duties as assigned.

Skills

Attention to detail

Communication skills

Organizational skills

Team collaboration

Education

High School Diploma or GED

Tools

LOS systems

Mortgage software

Microsoft Office 365

Job description

Public Service Credit Union is seeking a detail-oriented Real Estate Loan Processor to support the processing of Home Equity Loans and HELOCs from application through closing and funding.

You will work with loan officers, underwriters, members, and third-party vendors to ensure files are complete, accurate, and compliant in a fast-paced environment while delivering exceptional member service.