Real Estate Processor

Job Details

Job Location: Duncan Communication Bldg - Duncan, OK 73533Position Type: Full TimeEducation Level: High School

JOB SUMMARY: This position is responsible for handling all stages of the in-house real estate loan process.

 

ESSENTIAL JOB FUNCTIONS:

• Responsible for the processing of bank consumer real estate loans.
• Must be knowledgeable of bank Lending Policy, Loan Underwriting Procedures, and Appraisal Procedures, Flood Procedures, Construction Procedures and HMDA.
• Responsible for obtaining real estate loan applications, credit bureau reports, and all other required documentation pertaining to a loan from Loan Officer/Financial Services Representatives.
• Responsible for obtaining the required documentation from Loan Officers, Financial Service Representatives, or other sources, to ensure bank compliance and regulations are met.
• Verify that all loan disclosures and supporting documents are complete, including the ones that require signatures.
• Input loan information into Decision Pro, Laser Pro, and Loan Work Book.
• Prepare Loan Estimate and Closing Disclosures.
• Coordinate closings with Title Company when applicable.
• Submit request for loan document production from Loan Administration.
• Verify that all loan documents and supporting documents are complete and accurate.
• Authorize submission of final loan documents to Loan Officer/Financial Services Representative for loan closing.
• Review loan documents to sending complete loan file to Loan Administration for printing, to ensure accuracy and compliance.
• Sort and review all loan documents returned to RE Processing to ensure accuracy and compliance.
• Maintain tracking log and pipeline and report on all loans being processed.

• Must be able to meet attendance and punctuality standards.
• Strive to eliminate all loan exceptions on loans processed.
• Effectively work and cooperate with supervisors, co-workers and customers.
• Follow direction of supervisor.

ADDITIONAL RESPONSIBILITIES:

•  Perform other duties and projects as required by management.

MINIMUM QUALIFICATIONS FOR CONSIDERATION:

• High School diploma or GED required. 
• Related experience providing a working knowledge of loan documentation and/or processing is preferred.
• Bookkeeping and accounting skills required to balance transactions.
• Proficient computer, 10-key, and keyboarding skills.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Strong organizational and time management skills.
• Proficient attention to detail.
• Must be able to meet strict deadlines
• Strong analytical and problem-solving skills.
• Strong verbal and written communication skills.
• Strong interpersonal skills: able to work well with a wide range of people.
• Strong proficiency in Windows, Excel, Word and other Microsoft applications.
• Ability to learn bank real estate lending software.
• Ability to compute basic math functions as well as rates, yields and percentages.
• Strong sense of customer service.
• Must maintain a high level of confidentiality.
• Demonstrate dependability through good attendance and adherence to timelines and schedules. 
• Demonstrate resourcefulness and ability to take initiative in development and completion of projects.

PHYSICAL REQUIREMENTS:

This work is sedentary and requires the following physical activities:

• Sitting for long periods of time, occasional bending, squatting, kneeling, stooping; good finger dexterity and feeling; frequent repetitive motions; talking, hearing, and visual acuity.
• Frequent lifting (up to 10 pounds of paper supplies or minor office equipment).

WORKING CONDITIONS:

• Normal office environment.

NOTE:  The above statements are intended to describe the general nature and level of work performed by an employee in th