Home Equity Processor
Company | Lake Michigan Credit Union |
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Location | Grand Rapids, MI, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | |
Experience Level | Junior, Mid Level |
Requirements
- Two or more years of similar or related experience, including preparatory experience.
- Basic knowledge of the different requirements for closing Home Equity loans.
- Ability to work in a fast-paced, deadline-oriented environment.
Responsibilities
- Process Home Equity applications, including reviewing credit reports, income, assets (if applicable), and confirming all documentation meets requirements.
- Review underwriting decisions and prepare decision letters as appropriate while working directly with applicants to obtain outstanding items required by underwriting for a clear to close.
- Demonstrate a high level of communication with members and internal and external partners to always provide service excellence.
- Finalize the loan processing stage by preparing loans for submission to the closing team. This includes, but is not limited to, obtaining homeowners insurance documents, payoffs, and coordination of closings with remote notary closings or branches in setting closing dates.
Preferred Qualifications
-
No preferred qualifications provided.