What are the responsibilities and job description for the Real Estate Loan Processor position at Texas First Bank?
Make applying EASY....text RELOANPROCESSOR to (281) 688-6192 and submit your resume!
Join a great team and workplace! Founded in 1973, Texas First Bank is one of the fastest-growing financial organizations in Southeast Texas. We are a leading independent community bank with 26 banking centers across seven counties. Our most vital asset is our employees and their dedication to helping our communities and customers. We are committed to helping our employees and customers succeed and build up our local communities.
Job Summary
The Loan Processor will primarily handle real estate loans, prepare disclosures and loan documents, and coordinate loan closing. We are a fast-paced department and must be able to monitor all activity in Salesforce and answer phone calls and emails quickly and efficiently.
Responsibilities and Duties
- Review credit applications and credit reports for accuracy and compliance concerning bank regulations.
- Prepare early disclosures that Federal regulators require.
- Responsible for ordering title searches, appraisals/evaluations, and surveys from third-party vendors.
- Prepare documentation for all new Real Estate loans, including modifications and extensions, utilizing the Banks internal software (FLO) and the Banks Attorneys.
- Record loans on the Banks system and prepare general ledger tickets for funding.
- Review credit approval packages for accuracy to ensure compliance with Bank policy, procedures, and guidelines.
- Communicate any deficiencies or exceptions to Production Officers and/or Lending Assistants and assist with the corrections.
- Primary contact for loan documentation-related questions for all internal personnel.
- Verify all insurance coverage before closings.
- Coordinate closings with Title Company.
- Provide pay-off statements as needed.
- Responsible for requesting the release of liens from Bank Attorneys as needed.
- Image and track customers financial information.
- Preparation of HMDA packages when required.
- Stay abreast of changes in Bank procedures and policies and bank regulations.
Job Skills and Qualifications
- High school diploma or equivalent required.
- Two years of Real Estate loan processing experience is preferred.
- Strong decision-making and organizational skills.
- Precise attention to detail.
- Ability to handle heavy volumes of work under pressure in a deadline-driven environment.
- Proficient multi-tasking and prioritizing skills.
- This job requires skills in a typical office environment. Knowledge of Microsoft Office is preferred.
- Standard work hours are Monday through Friday, 8:00 am to 5:00 pm, with occasional overtime.
- This is an onsite position.
Salary Grade 04
EOE/Disability/Veteran
