Home Equity Loan Processor

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits?

Our "people helping people" philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference.

While we're proud of our history, we're even more excited about our future. With business and technology transformation on the horizon, there's never been a better time to be part of BECU.

PAY RANGE

BENEFITS

Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage. Employees have access to disability and AD&D insurance. We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees. Employees are able to enroll in our company's 401k plan and employer-funded retirement plan. Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here.

IMPACT YOU'LL MAKE:

As a Home Equity Loan Processor at BECU, you play a crucial role in helping members achieve their financial goals. Your expertise ensures a seamless loan processing experience, where accuracy, efficiency, and exceptional service come together to support our members' needs. You will be an integral part of BECU's mission to provide competitive and member-focused lending solutions, making a lasting impact on the financial well-being of our community.

WHAT YOU'LL DO:

• Loan Documentation Review: Analyze and review documentation such as title searches, appraisals, income verification documents, and insurance binders to assess credit and collateral acceptability.
• Underwriting Condition Management: Work collaboratively with members, branch staff, and underwriters to satisfy all underwriting conditions and obtain final loan approval.
• Loan Application Processing: Ensure applications are complete, properly scored in the Loan Origination System, and meet all accuracy standards prior to closing.
• Vendor Coordination: Communicate with external vendors to clear any outstanding collateral conditions and facilitate timely loan closures.
• Multi-Tasking & Communication: Manage multiple loans at various stages while handling inquiries from members and staff.
• Member Engagement: Contact members and escrow companies to negotiate final terms and coordinate signing appointments.
• Loan Product Expertise: Maintain a deep understanding of BECU's Home Equity Loan pricing structure to offer optimal solutions.
• Service Excellence: Deliver prompt, professional, and courteous service, ensuring that member inquiries and concerns are resolved effectively.
• Product Awareness: Educate members on BECU's financial products and services to enhance their financial well-being.
• Additional Responsibilities: Perform other duties as assigned to contribute to team success.

This isn't just about ticking off tasks on a list. It's about making a significant, positive change in BECU's journey, where your contributions are valued, and your growth is continually fostered.

WHAT YOU'LL GAIN:

• Career Growth: Opportunities for professional development and advancement within a member-focused financial institution.
• Collaborative Environment: Be part of a team that values innovation, collaboration, and your unique contributions.
• Skill Enhancement: Gain expertise in loan processing, underwriting, and financial services while working in a dynamic setting.
• Member Impact: Play a vital role in helping BECU members achieve their homeownership and financial goals.
• Supportive Culture: Work in an inclusive, supportive workplace that prioritizes your success and well-being.

QUALIFICATIONS:

Minimum Qualifications:

• Education: Associate's degree in Business or equivalent work and/or educational experience required.
• Experience: Minimum of one year in Home Equity or Mortgage Lending.
• Regulatory Knowledge: Thorough understanding of real estate lending practices, including federal and state regulations.
• Industry Compliance: Knowledge of RESPA, HMDA, Fair Lending, ECOA, and HUD regulations.
• Communication Skills: Proficiency in verbal and written communication to deliver exceptional customer service.
• Safe Act Compliance: Must comply with Safe Act legislation, requiring annual registration as a Mortgage Loan Originator (MLO).
• Work Commitment: Full-time hours with flexibility for additional hours as needed.

Desired Qualifications:

• Attention to Detail: Analytical and problem-solving skills to ensure loan accuracy and compliance.
• Multitasking Ability: Comfortable managing multiple loans simultaneously in a fast-paced environment.
• Member-Centric Approach: Passion for providing outstanding service and financial guidance to members.
• Tech Savvy: Familiarity with loan origination systems and financial software.

JOIN THE JOURNEY

Ready to make an indelible impact? Eager to be part of a collaborative and innovative team where your ideas and contributions don't just fill a role, but fuel the growth and success of BECU? This is more than a job - it's a chance to elevate your career, skills, and future, all while contributing to the robust technological landscape of BECU.

Embrace the opportunity to grow with us. Apply now, bring your expertise to the table, and let's achieve excellence together at BECU. Your journey of influence, innovation, and impactful contribution starts now.

#BECU #YourGrowth #BECUJourney

BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.