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Loan Processor

Company: East West Bank
Location: El Monte
Posted on: January 16, 2022

Job Description:

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Greater China, 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 an exclusive focus on the U.S. and Greater China markets, with total assets over $61.0 billion*. And since 2010, we have been recognized by Forbes magazine as one of "America's Best Banks." With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

  • As of 9/30/2021
    Overview

    East West Bank is currently seeking a Loan Processor. The Loan Processor is responsible for reviewing loan applications for completeness and accuracy, verifying supporting income, asset and liability documentation. The applicant is expected to demonstrate a sense of urgency, willingness to work cooperatively with others, and be an effective team player whose primary focus is to service customers, since this position is their main point of contact.

    Responsibilities
    • Processes loan applications for Fannie Mae mortgage loans (e.g., opening escrow, ordering title reports, requesting information needed in order to complete loans)
    • Uses knowledge of title conditions to work with Mortgage Loan Officers, escrow/title, and customers to resolve pending conditions and stipulations
    • Obtains and reviews documents for compliance with loan conditions with the Mortgage Loan Offers (i.e., coordinates with buyers, sellers, title companies, escrow agents, surveyors and real estate agents to obtain additional documentation, complete loan submissions and perform closings)
    • Maintains system accuracy, issues proper disclosures as required by federal regulatory compliance and reviews rate lock and point objectives for accuracy
    • Performs other duties as assigned
      Qualifications
      • Minimum 5 years of Experience in mortgage loan processing
      • At least 5 years of computer experience, preferable with Encompass automated origination system
      • Strong customer service skills and ability to manage difficult conversations to a successful outcome and positive customer experience
      • Excellent organizational skills (ability to prioritize) preferred
      • Excellent written and verbal communication skills preferred
      • Solid analytical and problem solving skills preferred

Keywords: East West Bank, El Monte , Loan Processor, Other , El Monte, California

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