True Sky Credit Union |
Structured Compensation - Job Description |
R.E. Loan Processor I |
Data Year: 2025
Prepared On: 01/22/2025 |
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Department: | Reports To: | Supervises Direct: | Approved By: | |
| Real Estate Lending | RE Servicing Supervisor | 0 | President | |
| Grade: | Classification: | Supervises Indirect: | Effective Date: | Revised Date: |
| 6 | Non-Exempt | 0 | 04/26/2000 | 08/05/2015 |
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Role: |
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Responsible for processing mortgage application and placing all file orders. Proactively contacting members and vendors to verify and document all information. Submitting the file to underwriting for approval. |
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Essential Functions & Responsibilities: |
| E | 40% | Update mortgage applications within the LOS system. Order and process all credit verifications, title searches/opinions, flood certifications, VOE, VOD, and appraisal reports and any other documentation required in order to meet program guidelines. |
| E | 30% | Clear all pre-underwrite conditions. Communicate with outside vendors and members as necessary. Analyze information for completeness, accuracy and acceptability to Secondary Market and True Sky CU guidelines. |
| E | 15% | Package loan for underwriting approval. |
| E | 10% | Attend all required training to ensure compliance with all changing guidelines, regulations and government requirements. |
| N | 5% | Answer member phone calls, cross sell, and perform other related duties as assigned. |
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Performance Measurements: |
| 1. | To produce mortgage loan documents, organize files, and prepare loan files for approval in a timely manner. |
| 2. | To cross sell credit union products and services. |
| 3. | To maintain compliance with SAFE Act guidelines Real Estate Processors will not quote interest rates or perform loan officer duties. |
| 4. | To maintain a professional work environment and businesslike appearance. |
| 5. | To cross-train on other positions within the department as needed. |
| 6. | To stay current and comply with all federal and state regulations including Bank Secrecy Act (BSA) and Office of Foreign Controls ("OFAC") and all credit union policies and procedures. |
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Knowledge and Skills: |
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Experience | One month to twelve months of similar or related experience. |
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Education | A high school education or GED. |
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Interpersonal Skills | Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation. Ability to work in a team environment but also thrive independently. Must be flexible and open to feedback.
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Other Skills | Above average time management skills, ability to manage multiple workloads with successful results, ability to work independently. Must have good communication skills both written and verbal. Good listening and organizational skills. Ten key calculator, computer skills, and keyboarding skills. |
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Physical Requirements | The Physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch, talk and hear. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. |
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Work Environment | Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is not exposed to weather conditions. The noise level in the work environment is usually moderate. |
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This Job Description is not a complete statement of all duties and responsibilities comprising the position. |
