Home Equity Line of Credit (HELOC) Processor

Responsibilities and Expectations

• HELOC Processor
• Ensure loans are processed in accordance with established Bank guidelines, policies and procedures.
• Order property abstract / O&E, automated value model or appraisal, and other verifications as required.
• Coordinate transactions with loan officers and underwriters.
• Review documents for accuracy.
• Manage pipeline daily to ensure closing deadlines are met.
• Interact with Mortgage Department to resolve file discrepancies and, as necessary, provide required documentation.
• Act as liaison with borrowers, customers, other bank employees, outside entities to facilitate loan processes.
• Assist in resolution of Post Close and / or Quality Control requests.
• Perform all duties in accordance with Equity Bank mortgage standards.
• Store all loan documents in Loan Operating System (LOS) as received.
• HELOC Loan Compliance
• Ensure loans are in accordance with state and federal regulations such as, but not limited to, RESPA, HMDA and Fair Lending Practices
• Stay up to date on the changing rules and regulations pertaining to both private and government-insured mortgages.
• Work in accordance to published department service level agreement.
• Benchmark of less than 5% error ratio as documented through Quality Control reports, Internal Audits, External Audits and Regulatory Examinations
• Employee is responsible for understanding and following the applicable laws and regulations for their job responsibilities including but not limited to Equity Bank Business Ethic and Conduct policy, Bank Secrecy Act, Information security, and Suspicious Activity reporting requirements.
• Perform other duties as assigned, required, or requested. HELOC Processor may become a Mortgage Loan Processor as needed.

Required Skills & Education

Who we are

Equity Bank, a full-service, $5 billion community bank, is based in Wichita, Kansas, with 70 bank offices throughout Kansas, Missouri, Arkansas, and Oklahoma.

At Equity Bank, you can find exciting opportunities to challenge you, expand your skills, and reward your contributions. Our employees receive competitive compensation and benefits, while working in an atmosphere that encourages personal and professional growth. We’re searching for motivated individuals who are passionate about serving others, learning new technologies, and working as part of a team.

Equity Bank offers a full range of financial solutions, including online and mobile banking, commercial loans, consumer banking, and mortgage loans, treasury management service, the best solutions for your business, and absolutely zero ATM fees, anywhere.

What’s in it for you?

We believe your benefits are an important part of your overall compensation package.  We work year-round to ensure that we provide our employees with the most up-to-date, competitive program.  We thoroughly evaluate our benefit plans and strive to provide quality benefits that support the physical and financial well-being of our employees and their families.

Benefits Available :