Real Estate Loan ProcessorHomeTown Bank

Summary/Objective
The Real Estate Loan Processor will coordinate the processing, closing, and funding of all Real Estate loans.  

 Essential Functions

1. Review submitted R/E loan package for required approvals, required documentation, and determine that the loan meets federal regulations and timing requirements.      
2. Prepare a Commitment letter and disclosures for the borrower.        
3. Order flood determination      
4. Assist with ordering title reports, title commitments and surveys through the title company.
5. Review and approve insurance coverage obtained by borrower.       
6. Coordinate with the bank attorney in preparing documents for closing and when documents are received, secure with watermarking and transferring into a secure PDF file, after reviewing for accuracy.
7. For home equity loans, prepare in-house documents 
8. Coordinate closings with the title company, i.e., send documents, prepare the Closing Disclosure, approve the HUD/CD, and verify funding.
9. Process R/E files for funding after closing, including preparing general ledger entries, deposit slips, wire transfers, an R/E checklist, a TRID calendar, a TRID baseline form, and a loan jacket. Verify that all documents were dated, signed, and notarized correctly.
10. Gather information & prepare HMDA summary, in HMDAWiz, for reporting purposes.    
11. Scan completed R/E file into ImageCentre, including tracking
12. Quote and issue payoffs for R/E loans.                                                                    
13. Responsible for ensuring the Code of Ethics are being followed.
14. Responsible for reporting any Code of Ethics/ Internal fraud violations.
15. Follow all bank policies and procedures.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 Competencies

1. Basic knowledge of Real Estate/ Mortgage Lending
2. Basic knowledge of bank operations.
3. Decision Making.
4. Technical Capacity.
5. Stress Management/Composure.
6. Detail Oriented and Thoroughness.
7. Communication Proficiency with Borrowers, Lending Staff, Insurance Agents, Taxing Entities, Attorneys, Title Companies

Supervisory Responsibility:  This position has no supervisory responsibilities.

 Work Environment:  This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, fax machines, calculators, and scanners. 

 Physical Demands: This position requires manual dexterity, the ability to lift files and open filing cabinets. This position requires bending, stooping or standing as necessary.   

 Position Type/Expected Hours of Work:  This full-time position is based on-site at our League City location, with work hours Monday through Friday, 8:30 a.m. to 5 p.m.

Travel: No travel is normally expected for this position.  However, temporary placement at other locations may occur due to vacation, illness, or staff shortage.

 Education and Experience

1. High school diploma or equivalent.
2. At least 1 year of banking experience, preferred.
3. Basic knowledge of Real Estate/ Mortgage lending, preferred.

 Additional Eligibility Qualifications: Multi-lingual capabilities to include Spanish are a plus.

 EOE/AA Disability/ Veteran