HomeEquityProcessor

_**Job Description:**_ **PRIMARY FUNCTION:** Process and disburse all Home Equity products in a timely manner. Image, document, process, and coordinate flow of all appropriate loan documentation within current loan system. To maintain consistent contact with members during the loan process. To review all loan approval terms and ensure accurate information for closing and disbursement. Analyze applicable property/collateral valuations, various sources of income and employment verification, and property title reports in accordance with loan approval requirements. To process required documentation to ensure acceptance of any loan approval conditions prior to closing. Make appropriate recommendations to help members meet their financial goals. **JOB DUTIES AND RESPONSIBILITIES:** * Inform, Educate, and Advise members. * Communicate loan decisions, answer questions and guide members through next steps/options. * Process all Home Equity products in conformity with all applicable federal and state regulations as well as internal policies and procedures. * Maintain working knowledge on all required loan documents, product related lending documents and all applicable operating systems. * Review loan terms with members to ensure accuracy and obtain member acceptance. * Review requests to ensure proper set up and documentation is completed prior to disbursement. * Ensure all verifications, closing requirements, and stipulations are met prior to closing. * Disburse all Home Equity products in conformity with all applicable federal and state regulations as well as VACU internal policy and procedures. * Maintain working knowledge of processes with outside vendors utilized as it relates to processing of applicable loan products. * Send, receive, and process inbound/outbound information from all sources including mail, fax, loan systems, and electronic mail. * Perform all skill sets relative to applicable loan products. · Ensure that all application follow-up with internal and exte