Sr. Residential Equity Loan Processor

Unitus Community Credit Union; Tigard (OR); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Medical + Dental + Vision

Flexible Spending Accounts + HSA

Paid Time Off (PTO)

12 paid holidays per year

401(k) Retirement Savings

Annual Incentives

Employee Assistance Plan

Tuition Reimbursement

Student Loan Debt Repayment

Transit & Parking benefits

Paid Volunteer Time Off

Job summary

Unitus Community Credit Union is hiring a Senior Residential Equity Loan Processor to guide members through the loan fulfillment process, ensuring accurate data collection and regulatory compliance. You will review and finalize appraisals, income/assets, and title documents, coordinating with other institutions to ensure smooth processing.

The ideal candidate brings 2+ years in underwriting or processing in residential equity or mortgage lending, plus strong communication skills and knowledge of

Qualifications

• Bachelor’s degree or equivalent work experience.
• 2+ years’ experience in underwriting, processing, originations, or closing in residential equity, mortgage, or consumer lending products.
• At least 1 year of experience directly related to home equity/mortgage loan processing or underwriting.
• Working knowledge of home equity/mortgage lending laws and regulations.
• Strong communication and interpersonal skills; proficient with lending platforms and systems.
• Experience with FHA, VA, and/or construction loans is a plus.

Responsibilities

• Performs processing activities for moderately complex applications; review, approval and/or clearance of appraisals, stipulations, income/asset and tax analysis, hazard/title insurance, flood certifications, and collateral encumbrances prior to closing and funding.
• Reviews approved residential equity loan and membership applications for accuracy and completeness; processes the loan and documents, disburses, and on-boards loans.
• Coordinates with other financial institutions and agencies to ensure efficient processing; identifies and corrects errors, follows up with involved parties as needed.
• Evaluates and communicates with members regarding needs and proactively provides appropriate solutions, contributing to a value-added member experience.
• Maintains confidentiality of all member information and proper storage for retrieval of documents.
• Acts as a liaison or primary point-of-contact for a second review.
• May assist with initial training for processing staff.

Skills

Mortgage processing experience

Underwriting experience

Customer service skills

Education

Bachelor’s degree in business or related field

Job description

At Unitus, each employee has an opportunity to make a difference for our members. The Senior Residential Equity Loan Processor is an advanced level loan processing role that provides exceptional member service by guiding members and member loan requests through the loan fulfillment process while ensuring proper data collection and compliance with Federal, State, Credit Union and Agency regulations and requirements. This level of member support aligns with our commitment for unparalleled service – the kind that creates the Unitus difference. Our strong team of leaders, outstanding culture, above market benefits, continuous involvement in the communities we serve, and competitive pay programs make Unitus an excellent place to contribute and grow your talents.

Primary Duties

• Performs processing activities for moderately complex applications; focusing on review, approval and/or clearance of appraisals, stipulations, income/asset and tax analysis, hazard and title insurance, flood certifications, and collateral encumbrances prior to closing and funding.
• Reviews approved residential equity loan and membership applications for accuracy and completeness; processes the loan and documents, disburses, and on-boards loans.
• Coordinates with other financial institutions and agencies to ensure efficient and effective processing, and assists in identifying and correcting errors, including follow-up with involved parties as needed.
• Evaluates and communicates with members regarding needs and proactively provides appropriate solutions, contributing to a value-added member experience.
• Maintains appropriate confidentiality of all member information and ensures proper storage for retrieval of documents.
• Acts as a liaison or primary point-of-contact for a second review
• May assist with initial training for processing staff.

As An Ideal Candidate, You Will Have

• Bachelor’s degree in business or a related field; or equivalent work experience
• A minimum of 2 years’ experience in underwriting, processing, originations, or closing in residential equity, mortgage, or consumer lending products
• At least 1 year of experience directly related to home equity/mortgage loan processing or underwriting.
• Must have working knowledge of home equity/mortgage lending laws and regulations.
• Strong communication and interpersonal skills and strong skills in navigation and use of lending platforms and systems.
• Experience with FHA, VA, and/or construction loans is a plus. Our Benefits Maintaining wellness and work/life balance is an important part of the Unitus culture. Our benefits are a reflection of this commitment.

Our Benefits

• Medical + Dental + Vision
• Flexible Spending Accounts + HSA
• Employees accrue up to 20 days of Paid Time Off (PTO) during their first twelve months of employment
• Unitus recognizes 12 paid holidays per year
• 401(k) Retirement Savings
• Annual Incentives (*eligibility dependent)
• Employee Assistance Plan
• Tuition Reimbursement
• Student Loan Debt Repayment
• Transit & Parking benefits
• Paid Volunteer Time Off

What’s it really like to work here?

We are a people-focused organization that places an emphasis on culture. Unitus is local, successful, and committed to continuously improving and growing!

Unitus Community Credit Union (Unitus) is an equal opportunity employer. We are committed to diversity, equity and inclusion. All qualified individuals are encouraged to apply and will be given full consideration for employment regardless of race, color, age, sex, religion, veteran status, national origin, sexual orientation, disability or any other classification protected by applicable federal, state or local law. Applicants may request reasonable accommodation to participate in the application process.