Job Description
The Home Equity Loan Coordinator is responsible for ensuring fast and efficient processing of all second mortgage products including lines of credit, closed-end, bridge, and piggyback loan applications during the processing and closing stages of the loans. This position is crucial to ensuring this multi‐step process is compliant with all federal regulations, second mortgage loan disclosures and documents are completed accurately, and loan fulfillment is completed timely for our members.
1) Ensures all steps of processing home equity lines of credit are completed by ordering, collecting, analyzing, and validating information such as credit reports, proof of income, proof of insurance (homeowner’s, condo, and flood), property appraisals, title abstracts, flood certifications, property deeds, and other mortgage‐related documents such as memorandum of trust, recorded power of attorney, or other supporting documents while ensuring compliance with all federal regulations, cr...
1) Ensures all steps of processing home equity lines of credit are completed by ordering, collecting, analyzing, and validating information such as credit reports, proof of income, proof of insurance (homeowner’s, condo, and flood), property appraisals, title abstracts, flood certifications, property deeds, and other mortgage‐related documents such as memorandum of trust, recorded power of attorney, or other supporting documents while ensuring compliance with all federal regulations, cr...
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