Stability Program Loan Processor

Summary

The Housing Stability Program Loan Processor works directly with applicants and awardees to collect information needed to complete closing checklists, prepare loan documents, and guide borrowers through the closing process.

• Collect proper documentation from all interested parties to ensure a smooth and efficient closing process.
• Coordinate, prepare, and compile all necessary documentation to ensure accurate and timely loan closings.
• Request title work, appraisals, and other third‑party reports from outside vendors.
• Schedule internal and external loan closings and signings.
• Maintain documents within the electronic filing system.
• Assemble and prepare lien releases as necessary.
• Assist in the review and preparation of various program reports.
• Effectively communicate with all parties including awardees, co‑workers, title companies, and all other department personnel via email, phone and in person communication.
• Comply with company policies, procedures, regulatory requirements and complete mandatory compliance training by prescribed deadlines.
• Provide program information, training, and technical assistance to interested parties.

Education and/or Experience

High School Diploma or equivalent and two year’s relevant experience is required.

Preference may be given to candidates who possess the following:

• Bachelor’s degree in Business, Finance, Real estate, or Business Management
• Previous experience with escrow‑related or mortgage processing
• Knowledge of escrow documents, escrow fees, loan documents, and terminology

• Good verbal and written communication skills
• Accuracy and efficiency
• Detail oriented
• Ability to work collaboratively and independently
• Punctual
• Strong organizational skills
• Professional and positive attitude
• Ability to accept supervision as well as constructive feedback
• Ability to act independently with sound judgment and take initiative
• Ability to prioritize and handle multiple tasks and projects

Ability to read, analyze, and interpret general business correspondence or governmental regulations. Ability to prepare loan documents and business correspondence. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public.

• Must possess and maintain a valid driver license
• Must be eligible for bonding

The ability to obtain and maintain knowledge of and experience in the Housing Stability Program. Ability to understand, act on, and interpret policies, regulations and procedures as set forth by the State of Oklahoma, OHFA, HUD, IRS, or other entities governing this program. Ability to establish and maintain effective working relationships with co‑workers, vendors, consultants, contractors, HUD, and local, state, and federal officials.

Salary Description $44,170 - $50,000