REAL ESTATE PROCESSOR

General Purpose

ILWU Credit Union is searching for an experienced full-time Real Estate Loan Processor who will be responsible for working an entire real estate loan cycle from origination through funding. The Processor coordinates all applicable residential loan documentation to complete the loan transaction in accordance with ILWU Credit Union policies and procedures, government regulations and, if applicable, secondary market investor guidelines. This position may be required to back up other positions at the Credit Union as needed. This role is an on-site position located in the Bixby Knolls neighborhood of Long Beach, CA.

Hours for this role are Monday through Friday. This position will become part of a union bargaining unit after 90 days of satisfactory employment.

Essential Responsibilities & Duties

1. Assist members with real estate loan inquiries and applications
2. Discuss real estate products with members looking to purchase, refinance, or obtain a second mortgage (HELOC or fixed second)
3. Interview applicants and originate loans within current regulatory requirements
4. Work closely and coordinate with borrowers, loan officers/underwriters, realtors, service vendors (title companies, appraisers, private mortgage insurance companies, etc.), and insurance companies to ensure specific tasks and underwriting requirements are satisfied in a smooth and timely manner
5. Maintain constant communication with all applicable parties and ensure all processing and closing deadlines are met
6. Validate member documentation for accuracy and compliance
7. Obtain and review credit reports, title reports, appraisals, mortgage payoffs, verifications of employment/deposit/mortgage, etc., as needed
8. Monitor the mortgage process to ensure adherence to all company and regulatory processes and guidelines
9. Manage multiple loan pipelines and perform all duties necessary to complete the efficient processing of real estate loan applications while maintaining high levels of member service
10. Troubleshoot title issues, including vesting concerns, liens/encumbrances, and judgements
11. Submit loans for underwriting, clear conditions, and prepare all loan documents for closing
12. Close and disburse loans
13. Process export of Real Estate loans from the loan origination system
14. Other duties as assigned