Home Equity Loan Processor I or II

Position Title: Home Equity Loan Processor I 

Department:  Consumer Lending

Supervisor's Title: Home Equity Processing Supervisor

Classification:  Non-Exempt                                                 

Starting Salary Range: $19.86 - $24.82

Benefit Highlights: 

- Competitive compensation!

- Medical, Dental, and Vision Insurance!

- 401K with up to 4% company match!

- Holiday Pay starting at day 1!

- Paid Vacation Time!

- Medical Benefits starting at your 31st day of employment!

And Many More!

Summary:

This position is responsible for the processing of all home equity loans in accordance with all state and federal regulations, and internal policies and procedures. This includes home equity loans, and business real estate loans. 

Essential Functions:

Competencies:

Work Environment:

This job operates in a professional office environment and can function in a hybrid work arrangement consisting of in-office work and remote work. This role does require a minimum of 20% in-office time. This role routinely uses standard office equipment such as computers, phones, printers, filing cabinets, and fax machines. 

Physical Demands: 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essentials of this job. This is a largely sedentary role. It would however, require the ability to lift files, open filing cabinets, and operate general office equipment such as those listed above (see work environment, above). Sitting, standing, bending and hand dexterity are required. Ambulation – able to move from one area to another throughout a regular one-floor office layout. Stairs and elevator provided for movement from one floor to another and to enter and exit the building.

Travel: 

This position may require some travel in order to successfully complete the assigned functions and goals, including educational trainings. 

Minimum Required Education and Experience:

High School Diploma or equivalent with a minimum of 2 years of similar or related or preparatory experience. Candidates must also possess an NMLO designation (Safe Act Compliant). 

Preferred Education and Experience:

Higher education and more than 2 years of similar or related experience, and completion of a specialized course of study in the mortgage lending field or an extensive in-house training or apprenticeship program.or completion of a specialized and extensive in-house training or apprenticeship program. Preferred candidates will possess a Pennsylvania Notary and Remote Noatary designation.

Disclaimer:

Please note this position description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

We are an Equal Employment Opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual preference/orientation, age, disability, marital status, pregnancy, veteran status, or other legally protected bases. Belco’s Diversity and Inclusion initiatives provide all employees with equal access to training and advancement opportunities throughout the organization.

Belco will provide reasonable accommodation to applicants and employees with disabilities where appropriate throughout the application and employment process. Determinations on requests for reasonable accommodation related to any job function will be made on a case-by-case basis. A reasonable accommodation is any change to a job, the work environment, or the way things are usually done that enables an individual with a disability to apply for a job, perform job duties or receive equal access to job benefits.

Position Title: Home Equity Loan Processor II 

Department:  Consumer Lending

Supervisor's Title: Home Equity Processing Supervisor

Classification:  Non-Exempt                                                 

Starting Salary Range: $22.05 - $27.56

Summary:

As a Home Equity Loan Processor II, you will be responsible for the processing of all Home Equity loans in accordance with state and federal regulations, internal policies and procedures. This includes home equity loans, and business real estate loans. 

Essential Functions:

Competencies:

Work Environment:

This job operates in a professional office environment and can function in a hybrid work arrangement consisting of in-office work and remote work. This role does require a minimum of 20% in-office time. This role routinely uses standard office equipment such as computers, phones, printers, filing cabinets, and fax machines. 

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essentials of this job. This is a largely sedentary role. It would however, require the ability to lift files, open filing cabinets, and operate general office equipment such as those listed above (see work environment, above). Sitting, standing, bending and hand dexterity are required. Ambulation – able to move from one area to another throughout a regular one-floor office layout. Stairs and elevator provided for movement from one floor to another and to enter and exit the building.

Travel:

This position may require some travel in order to successfully complete the assigned functions and goals, including educational trainings. 

Minimum Required Education and Experience:

High School Diploma or equivalent with a minimum of 5 years of similar or related or preparatory experience. Candidates must also possess an NMLO designation (Safe Act Compliant). Additional education requirements may be requested and will be handled as part of the annual performance evaluation process. Additional education/training requirements may be requested as new courses become available

Preferred Required Education and Experience: A two (2) year college degree with more than 5 years of similar or related experience, and completion of a specialized course of study in the mortgage lending field or an extensive in-house training or apprenticeship programor completion of a specialized and extensive in-house training or apprenticeship program. Preferred candidates will possess a Pennsylvania Notary and Remote Notary designation

Additional Eligibility Qualifications:

Proven work experience in a loan processor role. Proven sales prospecting skills. Strong knowledge of federal, state and/or regulatory requirements of mortgage lending. Good knowledge and understanding of mortgage products, pricing and underwriting/closing guidelines. Excellent organizational and time management skills are a must. Professional phone etiquette skills as must. Ability to maintain productivity under pressure and multitask effectively. PC and keyboarding efficiency with general background in the use of office software and machines.

Disclaimer:

Please note this position description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

We are an Equal Employment Opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual preference/orientation, age, disability, marital status, pregnancy, veteran status, or other legally protected bases. Belco’s Diversity and Inclusion initiatives provide all employees with equal access to training and advancement opportunities throughout the organization.

Belco will provide reasonable accommodation to applicants and employees with disabilities where appropriate throughout the application and employment process. Determinations on requests for reasonable accommodation related to any job function will be made on a case-by-case basis. A reasonable accommodation is any change to a job, the work environment, or the way things are usually done that enables an individual with a disability to apply for a job, perform job duties or receive equal access to job benefits.