Residential Loan Processor I
- Career Level
- Entry Level
One of the fastest growing Community Banks in Florida has an exciting opportunity for a Residential Loan Processor I
The position of Residential Loan Processor I requires extensive knowledge of FHLMC, FNMA and other applicable investor guidelines (including but not limited to FHA, VA, Rural Housing, SHIP and Bond Programs). Make judgments as to whether the loan is "reasonable" even if it meets published guidelines on the surface. If it does not appear reasonable, must escalate for further evaluation. Document any potential issue or concern regarding loan reasonableness or potential fraud/misrepresentation and escalate to the next level manager or Loan Risk and Recovery depending on the circumstances. Maintain knowledge of regulatory changes, external and internal compliance requirements, and investor guidelines to insure loan stability.
Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.
- High school diploma and three years conventional and government processing or the equivalent combination of education and experience. Work related experience should consist of loan processing and/or loan servicing background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
- Intermediate level of work experience, knowledge and training in FHLMC, FNMA, FHA, VA and USDA products and terminology.
At Harbor Community Bank you will have the opportunity become a key contributor at a rapidly growing company. If you are interested in working at a fast-paced environment with a great team, we encourage you to apply!