Retail Real Estate Processor-Closer

Union Bank & Trust Company; Lincoln (NE); Hybrid; USD 45,000 - 70,000; Full time

Benefits offered by this job

Hybrid work from home

Job summary

Union Bank & Trust Company in Lincoln, NE is seeking a Retail Real Estate Loan Processor/Closer to handle processing from origination through closing for Construction, Bridge, Cash to Close, First Lien Mortgage and HELOC loans.

The role manages daily workflows, prepares initial and closing documents, verifies compliance with TRID, Reg B and bank policies, and delivers high-quality customer service in person or by phone.

Qualifications

• Minimum of 2 years of lending experience; real estate loan processing preferred.
• Minimum of 3 years banking experience preferred.
• Proficient knowledge of Microsoft Office products; ability to learn bank systems quickly.

Responsibilities

• Process and close real estate secured loans including Construction, Bridge, Cash to Close, First Lien Mortgage, and HELOCs.
• Manage daily workflow of real estate loan pipelines and closings.
• Prepare initial and pre-closing documents in compliance with bank and regulatory guidelines.
• Perform initial reviews to ensure loans meet bank policy and regulatory requirements.
• Conduct verifications and prepare documentation for Real Estate Loan Amendments.
• Apply knowledge of TRID, Adverse Action, and Reg B.

Skills

Lending experience

Real estate loan processing

Microsoft Office proficiency

Regulatory compliance knowledge

Tools

Encompass

Fiserv

Job description

Position Summary:

The Retail Real Estate Loan Processor/Closer is responsible for all processing steps from origination through closing, and the generation of initial and closing documents of real estate secured loans. This professional is responsible for a pipeline that includes a variety of loan types Construction, Bridge, Cash to Close, First Lien Mortgage, and Home Equity Lines of Credit.

Essential Functions:

• Process and close real estate secured loans which include a variety of loan types, such as Construction, Bridge, Cash to Close, First Lien Mortgage, and Home Equity Lines of Credit.
• Manage daily workflow of real estate loans, including monitoring of disclosure and closing pipelines.
• Understand and anticipate all requirements of the real estate loan cycle from beginning to end.
• Prepare initial and pre-closing documents within bank and regulatory compliance guidelines.
• Perform initial and pre-closing reviews to ensure loans meet all bank policy requirements, complex regulatory compliance guidelines, and customer service standards.
• Conduct verifications and prepare documentation for Real Estate Loan Amendments submitted to the processing team.
• Understands and applies knowledge of real estate lending regulations including TRID, Adverse Action, and Reg B.
• Provide a high standard of customer service to both internal and external customers in person and by telephone.
• Understand and adhere to all bank policies, laws and regulations applicable to their role. Complete compliance training and follow internal processes and controls as required.
• Report all compliance issues, violations of law or regulations in accordance with the steps defined in bank policies.
• Performs other job-related duties or special projects as assigned.
• Regular and reliable attendance is an essential function of this position.

Qualifications:

• Minimum of 2-years of lending experience, real estate loan processing preferred.
• Minimum of 3-years banking experience preferred.
• Proficient knowledge of Microsoft Office products, existing bank hardware/software preferred or demonstrated ability to learn quickly.
• Encompass and Fiserv software experience preferred.

Preferred Talents:

• Multi-tasker
• Accurate and detailed
• Deadline driven with good judgment
• Effective communicator
• Positive and people focused
• Independent with a team orientation

Working Environment:

Indoor work - not exposed to outdoor elements or hazards.

Some sedentary work and occasional lifting and/or carrying up to 10 pounds.

This role is eligible for hybrid work from home opportunity under the work from home guidelines upon completion of onboarding.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.