Real Estate Loan Processor - On-Site Long Beach

ILWU Federal Credit Union; Long Beach (CA); On-site; USD 42,244 - 60,166; Full time

Job summary

ILWU Federal Credit Union in Long Beach, CA is seeking a full-time Real Estate Loan Processor to manage the entire loan cycle from origination to funding. The role requires coordinating documents to comply with policies, regulations and investor guidelines, and may back up other positions as needed.

Hours are Monday–Friday in an on-site setting in the Long Beach HQ. After 90 days of satisfactory employment, the role joins the union bargaining unit.

Qualifications

• Four years of real estate loan origination, processing, and closing experience in a financial institution.
• Strong understanding of loan policies, guidelines, federal and state laws and regulations.
• Working knowledge of credit fundamentals.
• Knowledge of multiple types of loans such as conventional, fixed, adjustable, non-conforming, FNMA and FHLMC, and Home Equity Lines of Credit.
• Must maintain an active registration status with the National Mortgage Licensing System Registry.
• Must be bondable and maintain bondability throughout employment.
• Proficient in Windows, Microsoft Office Suite, and Adobe Acrobat.

Responsibilities

• Assist members with real estate loan inquiries and applications.
• Discuss real estate products with members looking to purchase, refinance, or obtain a second mortgage (HELOC or fixed second).
• Interview applicants and originate loans within current regulatory requirements.
• Coordinate with borrowers, loan officers/underwriters, realtors, service vendors, and insurers to meet underwriting requirements.
• Maintain communication to meet deadlines and ensure processing and closing timeliness.
• Validate member documentation for accuracy and compliance.
• Obtain and review credit reports, title reports, appraisals, mortgage payoffs, verifications, etc.
• Monitor the mortgage process to adhere to company and regulatory guidelines.
• Manage multiple loan pipelines and close loans efficiently.
• Close and disburse loans and export of Real Estate loans.

Skills

Real estate loan processing

Interpersonal & communication

Attention to detail

Time management

Independent work

Education

High School Diploma or equivalent

Tools

Encompass LOS

Windows

Microsoft Office Suite

Adobe Acrobat

Job description

ILWU Federal Credit Union in Long Beach, CA is seeking a full-time Real Estate Loan Processor to manage the entire loan cycle from origination to funding. The role requires coordinating documents to comply with policies, regulations and investor guidelines, and may back up other positions as needed.

Hours are Monday–Friday in an on-site setting in the Long Beach HQ. After 90 days of satisfactory employment, the role joins the union bargaining unit.