Loan Processor

Overview

Patelco Credit Union is a not-for-profit credit union with a purpose to build financial health and wellbeing for our members. Patelco serves members since 1936 and operates throughout Northern California. We are looking to fill the position of Home Loan Processor. Ideal candidate is proficient with mortgage loan processing and underwriting systems. This role performs processing functions for conventional, 2nd Mortgages, and HELOCs and maintains a pipeline.

The candidate identifies what is needed for each loan, obtains documentation from borrowers and third parties, and reviews documentation for accuracy. Strong time management and organizational skills are required to manage a large pipeline of loans.

• Responsible for ensuring that all loan documentation is complete and accurate
• Calculate income, review bank statements, verify member credit, employment, and reserves. Order additional documentation to complete loan file
• Communicate with various companies to obtain Property Report, Flood Certificate, Title Commitment, and payoff information
• Deliver completely documented file to the underwriter which is ready for approval or denial
• Ensure all files are complete and in compliance within RESPA, TIL, HMDA, Reg B (all mortgage related regulations) and internal policies
• Manage pipeline by reports within established turn-around time
• Serve as primary point of contact for applications in process
• Provide members with timely and periodic status updates of their loan application
• Communicates professionally with members and vendors, as evidenced by outstanding member survey ratings

• Must have HS Diploma/GED
• Two (2) years’ experience processing mortgage home loans
• Proficient in MS applications, including TEAMS, Word, and Outlook

• Ability to sit for extended period

Target Base Pay
$31.94/hour

Compensation At Patelco
Please note that the salary information is a general guideline only. Patelco Credit Union considers factors such as scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a Short-Term Incentive (STI) program for all regular positions and a wide range of medical, dental, vision, financial, and other benefits.

Physical Health:

• Exceptional Medical, Dental, Vision, and Life Insurance benefits
• Onsite fitness center at HQ and rewards for completing wellness related activities

Financial Health:

• Competitive compensation packages with bonus opportunity
• 401(k) with 3% Safe Harbor and 5% employer match
• Discounts on loan products
• Tuition reimbursement

Emotional Health:

• Employee Assistance Program (EAP)
• PTO for part-time and full-time positions
• Paid holidays

Personal Development:

• On-the-job training and skills development
• Internal transfer opportunities for career growth
• Volunteer work

Flexible work arrangements available for specific positions

Patelco Credit Union is an Equal Opportunity Employer including individuals with disabilities and protected veterans

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