Home Equity Processor
Core
Process and disburse Home Equity loan products, managing documentation, verifying collateral and income, and ensuring regulatory compliance for credit union members.
Role type
Home Equity Loan Processor
Builds
Home Equity loan disbursements for credit union members
Domain
Financial Services / Credit Union Lending
Deliverable
client delivery
Required skills
Loan documentation processing, Collateral valuation analysis, Income and employment verification, Regulatory compliance knowledge, Loan approval condition management, Member communication and education
Preferred skills
Credit union policy knowledge, Home Equity product processing experience, Vendor process management
Technologies
Loan systems, NMLS registry
Responsibilities
Process and disburse Home Equity products in conformity with regulations, Review loan terms and approval conditions with members, Analyze property valuations and income sources, Coordinate loan documentation flow and closing requirements, Communicate loan decisions and guide members through next steps, Assist in training less experienced processors
Seniority
Individual Contributor, operational level