Real Estate Loan Processor

Location: Bridgeport, TX
Date Posted: 06-29-2018
Capital Professionals is excited to be assisting a local bank that is expanding and growing in the area who has a need for a Real Estate Loan Processor. The position is a direct hire role that has a highly competitive salary and benefits with room to grow in the position. 

The individual we are looking for would be someone:
  • with full knowledge and understanding of TRID and RESPA
  • able to take a Real Estate loan form application to close
  • able to prepare LE’s (Loan Estimate) and CD’s (Closing Disclosures)
  • with good people and customer service skills
  • Ability to multi-task
  • with Commercial real estate knowledge
  • able to train others
  • Laserpro experience is a plus
  • At least 2 years of experience
Responsible for all components of real estate processing; submitting the loan so that the legal documents can be drawn and for the delivery of complete and compliant real estate loans in accordance with banks lending policies and procedures. Works on processing a loan so that all prior to document and prior to funding conditions are cleared and customer data is verified. Main individual to contact borrower for any conditions and or updated that need to occur. Control point between borrower and sales function. Loan processors may direct and train the other loan processors as to what needs to be accomplished on a day to day basis. Ensures all loans comply with all internal and external compliance and underwriting guidelines.
Essential duties and responsibilities include the following. Other duties may be assigned as needed.
  • Acts as the liaison between the borrower and the loan officer in obtaining all items needed to close the loan appropriately.
  • Receives and reviews loan submission and all documentation provided by loan officer prior to underwriting. Validates income, assets, credit. Liabilities and ratios.
  • Order items to verify accuracy and ensure loan complies with guidelines.
  • Upon obtaining loan officer approval, contacts borrower with approval letter addressing any outstanding conditions needed prior to proceeding.
  • Responsible for daily monitoring of file status.
  • Responsible to verify fees  
  • Follow up on all final documents to complete package
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