Home Equity Loan Consult

2 weeks ago

Laurel, United States Tower Federal Credit Union Full time

Note: All full-time positions include the option of $0 out-of-pocket premium cost for Employee Only PPO AND exceptionally low premiums for all other PPO coverage levels.

Tower is offering a $1000 Signing/Retaining bonus as of 1/20/2024.

**HOURS FOR POSITION**:Monday - Friday 8:30am-5:00pm**

**SUMMARY OF POSITION**:
The Home Equity Loan Consultant (HELC) is responsible for processing home equity loans by ordering, obtaining and analyzing documentation required to facilitate the movement of loans through to closing as efficiently and timely as possible. The HELC is responsible for timely communication with all appropriate internal and external parties associated with the home equity loan transaction ensuring an accurate exchange of information to achieve successful and timely closings of the home equity loans in their pipeline.

The HELC is responsible for the examining, evaluating, and underwriting of all home equity loans in their individual pipeline in order to assess the risk, confirm compliance with guidelines and all regulatory requirements and to render a credit decision. The HELC will have the authority to approve/counter-offer/recommend for denial home equity loans within specified guidelines along with the ability to recommend guideline and policy exceptions to Management.

**PRINCIPAL ACCOUNTABILITIES AND FUNCTIONS**:

- Orders and collects all documentation required to complete the processing of the loan file in preparation for submission to underwriting, timely and accurate
- Verifies and analyzes documentation received to include, but not limited to, credit report, paystubs, W-2s, personal tax returns, business tax returns, bank statements, retirement statements, property appraisals, AUS findings and any other documents necessary to determine adherence to TFCU and MI guidelines and overlays.
- Reviews and analyzes documentation obtained throughout the process in order to determine continuous loan eligibility and an update of the data in the LOS to ensure data integrity.
- Resubmits loan to Mortgage Cadence Decision Tool as review and analysis of documentation dictates.
- Prepares and discloses the Loan Estimate (LE) in accordance with all federal regulations set forth by the CFPB, RESPA and Reg Z including the updating of fees within acceptable parameters and tolerances and timely delivery of the LE to the member on applicable fixed term home equity loans.
- Documents a Change in Circumstance (COC) each time fees are updated on the loans ensuring compliance with all federal regulations set forth by the CFPB on applicable fixed term home equity loans.
- Prepares and timely delivers the Closing Disclosure (CD) to the member with thorough communication and explanation of the CD and the requirements to receive the signed CD back from the member in order to meet a specific scheduled settlement date on applicable fixed term home equity loans.
- Maintains regular and timely contact, obtaining and disseminating appropriate information, with appropriate internal and external parties to include Loan Advisors, Management, Members, Real Estate Agents, Insurance Agents, Appraisal Management Companies, other Vendors, Private Mortgage Insurance Companies, and other Investors in order to achieve goals for processing time, financing contingencies, settlement dates, pull through and member satisfaction.
- Prices loans and reviews product and rate variations with members.
- Underwrites home equity loans to ensure compliance with state and federal regulations to include but not limited to the CFPB (Consumer Financial Protection Bureau) and in accordance with the Dodd-Frank Act regarding the ATR (Ability to Repay) and the QM (Qualified Mortgage), as well as underwriting guidelines from TFCU, MI, and other investors.
- Reviews debts listed on credit report, calculate income, determines available assets and cash to close/reserves, calculates the debt to income ratio and loan to value in order to ensure loan meets all guidelines, overlays and other applicable requirements.
- Performs a careful in depth examination of the appraisal report and collateral for the loan. Analyzes the appraisal report to determine the acceptability of the collateral, that the value is supported, that marketability is acceptable and supported by the report data and that it meets TFCU, MI, USPAP, and investor requirements.
- Reviews and updates all information and data on the loan in the LOS as necessary.
- Enters all applicable loan conditions in the LOS and updates the loan status accordingly.
- Finalizes the Loan Application, and the Transmittal Summary (1008) making detailed comments supporting the credit decision.
- Orders and obtains mortgage insurance, if required, ensuring that the loan also meets any underwriting guidelines and credit overlays by the mortgage insurance companies.
- Issues Internal Loan Approval and prepares Commitment Letter, ensuring accuracy of product information, underwriting conditions and commitment expiratio

  • Mortgage Loan Officer/Originator Maryland

    7 hours ago

    laurel, United States The Job Connections Project Full time

    If you’re a bright, energetic individual who is customer-focused and dedicated to the success of your team, we’d love to talk to you! As a Loan Officer for the hiring company, you will work directly with our homebuying customers. You will impact the lives of our customers while working in an environment of respect, empowerment, and professional...

  • Mortgage Loan Officer

    2 weeks ago

    Mount Laurel, New Jersey, United States Fulton Bank Full time

    Value PropositionOur values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and...

  • Loan Workout Officer III

    2 weeks ago

    Mount Laurel, New Jersey, United States Fulton Bank Full time

    Value Proposition: Our values define us and our inspires us to Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our We champion a culture of and We promote a digitally enabled work environment to continuously enhance the experience of our...

  • Mortgage Loan Officer/Originator

    1 day ago

    South Laurel, MD, United States The Job Connections Project Full time

    If you’re a bright, energetic individual who is customer-focused and dedicated to the success of your team, we’d love to talk to you!   As a Loan Officer for the hiring company, you will work directly with our homebuying customers. You will impact the lives of our customers while working in an environment of respect, empowerment, and professional...

  • Mortgage Loan Officer

    2 weeks ago

    Mount Laurel Township, United States Fulton Bank Full time

    Value PropositionOur values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and...

  • Physician- Home Visits

    2 weeks ago

    Mt Laurel, United States Samaritan Full time

    Physician- Home Visits A compassionate job-seeker is needed for the Physician opportunity with our company! As a Home Visit Physician, you will be responsible for providing primary medical care to patients in their homes and facilities. This full-time opportunity offers $220k- $255k annually based on experience!Join Us and Be Part of the Samaritan...

  • Home Based Visitor

    2 weeks ago

    Laurel, United States Children and Families First Delaware, Inc. Full time

    Job Type Full-timeDescription This position serves as Home Based Visitor for a Head Start/Early Head Start program working individually with 10-12 families to support the development of the family and their children.The Home-Based Visitor will work collaboratively with a team of other Home-Based Visitors to implement the curriculum to achieve outcomes for...

  • Lead Technical Project Manager

    3 days ago

    Mount Laurel, United States Oncourse Home Solutions Full time

    **Who We Are** - Oncourse Home Solutions (OHS) is a people-centric organization that is owned by private equity firm, Apax Partners operating under the brands American Water Resources, Pivotal Home Solutions and American Home Solutions. We do what is right for our people so they can do their best when serving our 1.4+ million customers across the U.S. Our...

  • Sr. Financial Analyst

    3 days ago

    Mt Laurel, United States Realogy Full time

    About Us Anywhere Integrated Services is a driving force in the title and settlement services industry. Anywhere Integrated Services is national in scope, but each of its companies are locally staffed, with a wealth of experience in settlement services. We operate in 49 states as well as the District of Columbia, and provide closing services in all 50....

  • eng ii sys

    1 week ago

    Mount Laurel, New Jersey, United States BAE Systems Full time

    Job Description BAE Systems is seeking a self-motivated personable Engineer II – Systems Engineer to join our team of diverse engineers. This position is located in Mount Laurel, NJ where Technology and Teamwork come together to provide independent service and support to the team of AEGIS Technical Representatives.The qualified candidate shall perform the...

  • Command & Decision (C&D) Subtask Leader

    1 week ago

    Mount Laurel, New Jersey, United States BAE Systems Full time

    Job Description BAE Systems is seeking a Subtask Leader for the C&D Aegis product Team. This position is part of our middle management team to direct a product team of responsible engineers with contract tasking across the AEGIS Program and support customer requirements. This position is located in Mount Laurel, NJ where Technology and Teamwork come together...

  • Business Process Manager I

    1 week ago

    Mount Laurel, United States TD Bank Full time

    Work Location: Remote Mount Laurel (NJ) Hours: 40 Pay Details: $68,640 - $112,320 USD Line of Business: Enterprise Enabling Functions **Job Description**: TD Bank's Credit Cards and Unsecured Lending organization offers consumer credit in three areas: TD-branded credit cards and personal loans; retail sales financing programs through TD Retail Card...

  • program manager senior ii

    4 weeks ago

    Laurel, Maryland, United States State of Maryland - DHCD - Div of Neighborhood Revitalization Full time

    Introduction\r\r\rThis is a Management Service position with full State of Maryland benefits\r\r\rWork that matters.�The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing and development of affordable housing and community development lending. The Division of Homeless Solutions is responsible for leading...

  • School Psychologist

    3 weeks ago

    Mount Laurel Township, United States Bancroft Full time

    Overview Do you aspire to help children with diverse challenges build skills for their future? Are you ready to make a real impact in their lives? As a School Psychologist, you will draw upon a wealth of clinical resources to design individualized student goals.  Empower Students Through Teachable Moments   is the leading provider in the area...

  • Physical Security Access Services Specialist

    1 week ago

    Mount Laurel, United States TD Bank Full time

    Work Location: Mount Laurel, New Jersey Hours: 40 Pay Details: $23.25 - $36.00 USD Line of Business: Financial Crimes & Fraud Mgmt **Job Description**: The Global Security Analyst I provides a broad range of physical security and operational support related to TD's security and risk programs. Develops and evaluates documentation and procedures to ensure...

  • Levy Processor Ii

    1 week ago

    Mount Laurel, United States TD Bank Full time

    Work Location: Mount Laurel, New Jersey Hours: 40 Pay Details: $21.25 - $30.00 USD Line of Business: Personal & Commercial Banking **Job Description**: The Levy Processor II performs the general clerical duties including typing letters, opening mail and entering data into Levenger and FileNet coversheet Express. The Levy Processor II leads and...

  • Senior Test Development Director

    6 days ago

    Mount Laurel, New Jersey, United States BAE Systems Full time

    Job Description BAE Systems is seeking a senior Test Development Director to join our Shipboard Systems Test Team in support of the Aegis Technical Representative contract. The qualified candidate will provide Engineering and Technical support to the T&E Division head at AEGIS TECHREP. Candidate will join with a (USN / contractor) integrated team dedicated...

  • RN Supervisor

    1 week ago

    Mount Laurel Township, United States Laurel Brook Rehabilitation & Nursing Center Full time

    Laurel Brook Rehabilitation & Nursing Center - RN Supervisor - 11p-7a Shift/weekends only - Full time $5000 Sign-on bonus! Join the team at Laurel Brook as a member of our proud and caring staff. We care for our staff while we care for our residents and patients. As a member of Laurel Brook, you will enjoy being part of a valued team where personal...

  • RN Supervisor

    2 weeks ago

    Mount Laurel Township, United States Laurel Brook Rehabilitation & Nursing Center Full time

    Laurel Brook Rehabilitation & Nursing Center - RN Supervisor - 11p-7a Shift/weekends only - Full time$5000 Sign-on bonus!Join the team at Laurel Brook as a member of our proud and caring staff. We care for our staff while we care for our residents and patients. As a member of Laurel Brook, you will enjoy being part of a valued team where personal advancement...

  • RN Supervisor

    1 day ago

    Mount Laurel Township, NJ, United States Laurel Brook Rehabilitation & Nursing Center Full time

    Laurel Brook Rehabilitation & Nursing Center - RN Supervisor - 11p-7a Shift/weekends only - Full time $5000 Sign-on bonus! Join the team at Laurel Brook as a member of our proud and caring staff. We care for our staff while we care for our residents and patients. As a member of Laurel Brook, you will enjoy being part of a valued team where personal...