Real Estate Loan Servicer

Brazos Valley Schools Credit Union; Katy (TX); On-site; USD 52,000 - 80,000; Full time

Benefits offered by this job

Annual PTO

401k match up to 6%

Medical, Dental & Vision

Life Insurance

Job summary

Brazos Valley Schools Credit Union is seeking a detail-oriented professional to support mortgage accounting, escrow management, and compliance. You will prepare reports, process payments, and maintain loan documentation with accuracy and timeliness.

Responsibilities include reconciling accounts, handling loan draw requests, and ensuring regulatory requirements are met while delivering excellent member service on-site at the Katy, TX administration office.

Qualifications

• Experience in mortgage/real estate operations or related field.
• Strong data analysis and reconciliation skills.
• Ability to analyze information for accurate resolutions.
• Proficient in MS Office and record keeping.

Responsibilities

• Maintain mortgage data, post payments, update member records, and prepare payoff statements.
• Process escrow payments monthly/annually and balance general ledger accounts.
• Handle loan draw requests, inspections coordination, and post-closing packages.
• Ensure compliance with BSA, OFAC, Privacy, and related regulations.

Skills

Mortgage data

Escrow analysis

Regulatory compliance

Data research

Education

High school diploma or GED

Tools

Microsoft Office

Job description

Job Details

Job Location: Katy Administration Office - Katy, TX 77494

Role: Responsible for the preparation of accounting and reconciliation reports, loan payment processing and administration; reconciliation; administration of insurances, annual escrow analysis and HMDA.

Essential Functions & Responsibilities

• Maintains mortgage information including payment postings and updating member information, processing payoffs, lien releases, curtailments, monthly billing statements, adjustments and account research.
• Answers telephone inquiries from members on routine inquiries regarding payoffs, collections, beneficiaries and other details of existing loans.
• Serves as point of contact for construction loan portfolio; orders inspections and prepares draw requests for supervisory review.
• Maintains records/files, assembles post-closing packages; verifies all documentation has been received, signed and dated; assures loan package is correct, complete and ready for filing.
• Processes monthly and yearly escrow payments for taxes and insurance and balances general ledger accounts daily.
• Manages escrow disbursements and annual T&I analysis processes.
• Tracks and obtains proof of insurance as required on member loans.
• Reviews quarterly Home Mortgage Disclosure Act (HMDA) data and prepares report to submit upon approval annually.
• Maintains working knowledge of regulatory compliance related to member services and financial services area to include (but not limited to): BSA reporting requirements, OFAC, USA Patriot ACT, Red Flags, Regulation CC, Regulation D, Regulation E, Truth in Savings, Truth in Lending, Privacy, etc.
• Other job duties as assigned

Position Requirements

• Minimum one year similar or related real estate experience.
• A high school education or GED required.
• Serve as a Notary Public.
• Ability to analyze data for equitable resolutions.
• Proficient with problem solving and critical thinking skills.
• Ability to work regular full time hours.
• Ability to work on-site at designated location.
• Ability to communicate with courtesy, tact, and diplomacy and model exemplary member service.
• Proficiency in Microsoft Office software applications.
• Must be bondable

Ergonomic Considerations

• Must be able to sit and/or stand for extended periods of time (6 to 7 hours per day).
• Must be able to view a computer screen, use a keyboard to enter information, and manipulate a mouse.
• Job includes some repetitive hand/wrist motions.
• Ability to operate office machinery.
• Ability to lift up to 5 pounds.

This job description is not a comprehensive list of all activities, duties, and responsibilities of the position. Such requirements may be expanded or otherwise changed at any time as indicated by the operational needs of the credit union. Employees may also be required to assist colleagues with their job responsibilities from time to time.

Benefits

• Annual Paid Time Off
• Quarterly Performance Review
• Annual Compensation Review
• Medical, Dental and Vision
• Medical PPO plan
• Dental PPO plan
• Vision plan
• Employee Assistance Program (EAP)
• Retirement
• 401k, Brazos Valley Schools Credit Union match of 100% up to 6% of your base income
• Income Replacement and Life Insurance – 100% Brazos Valley Schools Credit Union paid
• Short Term Disability
• Long Term Disability
• Life and Accidental Death & Dismemberment Insurance (AD&D)
• Voluntary Benefits
• Additional Life Insurance for Employee and Dependents
• Hospitalization Insurance
• Critical Illness Insurance
• Pre-Paid Legal
• Identity Protection
• Other benefits offered that are not through payroll deduction
• Ongoing Leadership Training and Development
• Career Path and Succession Planning
• Community Volunteer Opportunities
• Employee Scholarships
• AAA Discount
• Discount tickets to events and travel