Third Federal Savings and Loan Association
Loan Processing Specialist
Third Federal Savings and Loan Association, Cleveland, Ohio, us, 44101
Third Federal is a leading lender of conventional home mortgages lending in 27 states, plus the District of Columbia, with retail branch offices in Ohio and Florida. Our mission is to help people achieve the dream of home ownership and financial security while creating value for our customers, our communities, our associates, and our stockholders. Our value system of love (concern for others), trust, respect, a commitment to excellence, and fun is at the heart of our commitment to our mission, and just as importantly, to our company culture. Through this, we help people find the loan or savings product that makes sense for them.
At Third Federal, you will find strength and stability in your career. In our nearly 90-year history, we have never had layoffs, and have one of the lowest annual turnover rates at 6% (versus an industry average of nearly 19%). We have been certified as a ‘Great Place to Work’ multiple times in the last decade alone, and have been recognized with several additional workplace awards and recognitions. Because Third Federal associates are the foundation of our success, we take a genuine interest in each of them – from their professional development to their health and wellness.
Role Summary
We are looking for a Loan Processor for the Loan Production Department. This position will process documents and perform tasks necessary to complete purchases, refinances and equity loan applications. Some of the processing tasks include reviewing income, ordering title work, payoffs and verification of employment, funding and boarding loans.
Responsibilities
Responsible for printing and sending Origination packages, sorting mail, scanning and QC of docs, returned mail, working the Flood/FACTA filters and mailbox, working reports, and the RightFax and Doc Portal folders Responsible for working the application mailbox, income/asset review, income mailbox, reviewing Proof of Residency, reviewing hazard insurance, working on NOI/Cancellations/CIP, ordering title work, title mailbox, and wiring funds Will order and follow up on payoffs/subordinations/waivers, work on VOEs filters and mailbox, prepare signed documents to go to the title company for recording, communicate with title companies to obtain all final documents, input recorded mortgage deeds, warranty deeds, and title policies in the loan system, complete internal and external boardings, disburse funds, assist with escrow reserves, prepare checks, and approve wires. Requirements
Must have previous experience working with loans (equities/mortgages preferred) Strong organization skills including attention to detail Strong analytical and problem-solving skills Strong communications, interpersonal and customer service skills Ability to work in a team environment Ability to manage multiple priorities Empower Loan Origination Software experience preferred Third Federal Perks & Benefits
Competitive compensation packages Medical, dental, vision, and more 401k match 11 Bank Holidays + vacation/sick time Stock Ownership Allocation Exceptional culture and value system Strong work/life balance Growth opportunities Mortgage Discount Program Education Reimbursement Program
Our anticipated pay range for this position is $18.00 - $24.00 per hour. At Third Federal, we’re committed to transparency throughout the hiring process. The pay range listed is based on relevant market data, role responsibilities, and skills required for the position. Individual pay will be thoughtfully determined by a candidate’s qualifications, experience, and other relevant factors.
Third Federal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, national origin, gender identification or sexual orientation, disability, protected veteran status or any other classification protected under law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
At Third Federal, you will find strength and stability in your career. In our nearly 90-year history, we have never had layoffs, and have one of the lowest annual turnover rates at 6% (versus an industry average of nearly 19%). We have been certified as a ‘Great Place to Work’ multiple times in the last decade alone, and have been recognized with several additional workplace awards and recognitions. Because Third Federal associates are the foundation of our success, we take a genuine interest in each of them – from their professional development to their health and wellness.
Role Summary
We are looking for a Loan Processor for the Loan Production Department. This position will process documents and perform tasks necessary to complete purchases, refinances and equity loan applications. Some of the processing tasks include reviewing income, ordering title work, payoffs and verification of employment, funding and boarding loans.
Responsibilities
Responsible for printing and sending Origination packages, sorting mail, scanning and QC of docs, returned mail, working the Flood/FACTA filters and mailbox, working reports, and the RightFax and Doc Portal folders Responsible for working the application mailbox, income/asset review, income mailbox, reviewing Proof of Residency, reviewing hazard insurance, working on NOI/Cancellations/CIP, ordering title work, title mailbox, and wiring funds Will order and follow up on payoffs/subordinations/waivers, work on VOEs filters and mailbox, prepare signed documents to go to the title company for recording, communicate with title companies to obtain all final documents, input recorded mortgage deeds, warranty deeds, and title policies in the loan system, complete internal and external boardings, disburse funds, assist with escrow reserves, prepare checks, and approve wires. Requirements
Must have previous experience working with loans (equities/mortgages preferred) Strong organization skills including attention to detail Strong analytical and problem-solving skills Strong communications, interpersonal and customer service skills Ability to work in a team environment Ability to manage multiple priorities Empower Loan Origination Software experience preferred Third Federal Perks & Benefits
Competitive compensation packages Medical, dental, vision, and more 401k match 11 Bank Holidays + vacation/sick time Stock Ownership Allocation Exceptional culture and value system Strong work/life balance Growth opportunities Mortgage Discount Program Education Reimbursement Program
Our anticipated pay range for this position is $18.00 - $24.00 per hour. At Third Federal, we’re committed to transparency throughout the hiring process. The pay range listed is based on relevant market data, role responsibilities, and skills required for the position. Individual pay will be thoughtfully determined by a candidate’s qualifications, experience, and other relevant factors.
Third Federal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, national origin, gender identification or sexual orientation, disability, protected veteran status or any other classification protected under law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.