Loan Processor

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

The Mortgage Loan Processor assists the mortgage loan officers with the processing ofmortgage applications and loans.

Responsibilities

• Interview loan applicants, when necessary; review and process all mortgage loan
• Obtain any documentation needed from member for processing.
• Distribute necessary disclosures to applying
• Verify applicant information including employment, salary, liabilities, and deposit
• Review credit report to ensure credit worthiness aligns with White Eagle andmortgage purchaser
• Calculate and provide loan estimates for closing costs to
• Order title work, flood determinations, hazard binders and
• Ensure department files are maintained and within company Track recorded mortgages/assignments and final title policies.
• Assist with phone calls directed to the department and finish to completion ifpossible or direct to the correct person.
• Develop an understanding of the credit union history, philosophy, organization, bylaws,and operations
• Assist in all other areas of the job to ensure proper department
• Serve as a notary
• May perform other duties as assigned

Qualifications

• Education: High School graduate (or equivalent). BA or equivalent preferred.
• Experience: Good organizational skills with keen attention to detail. Able tocommunicate clearly both verbally and in writing. Excellent mathematical andstatistical aptitude. Two years of experience in mortgage processing is preferred.

Applicants must have legal authorization to work in the United States.  We do not offer visa sponsorship at this time.  

Compensation