Loan Processor III

* Review all loan files immediately upon receipt. Verify Desktop Underwriter (DU) accuracy, file set-up and order out, and status of all outstanding conditions. Verify that the loan fits the requirements of HomeStreet loan programs.

Communicate review to originating Loan Officer and to Management as required.

* Secure title, credit reports, appraisals and flood reports as required. Review immediately upon receipt to ensure that they meet all HomeStreet and regulatory requirements. Communicate receipt of documents and your review to the originating Loan Officer. Work to clarify and/or correct all problems or errors. Order all subsequent updates and or final reports as required.
* Ensure that the Loan Officer secures all required documentation or information necessary from our customers. Review all documents received from Loan Officer and/or customer to ensure that they meet HomeStreet requirements.
* Update DU and/or Underwriting as required during the processing of the loan as new information is secured or as information changes. Communicate any changes in DU requirements resulting from any update immediately to the originating Loan Officer.
* Prepare all loan files for delivery to Funding within a timeframe that will allow the loan to close according to customer expectations. Ensure the following on all files:
1. All loan information is correct, fully documented, and accurately entered into DU and LoanQuest.
2. All DU, 1003 and 1008 data entry is complete, accurate and matches.
3. All DU and/or underwriting conditions have been satisfied and signed off.
4. All fees designated by the Loan Officer have been correctly detailed.
5. Any origination or processing forms that need signatures have been pulled and detailed for closing.
6. Funding instructions are fully prepared.
7. All title, appraisal or flood issues or requirements have been resolved.
8. All others tasks to ensure a file is complete, accurate and ready for funding.
* Ensure that all files have insurance information and a binder as required by HomeStreet Bank
* Assume full responsibility for file accuracy and timeliness of delivery to funding.
* Assist the Loan Officers in monitoring of lock expirations and lock management. Communicate as necessary to ensure no locks inadvertently expire.
* Provide a written file review weekly to each assigned LO. Include information regarding current status, outstanding conditions and anticipated closing date of each loan in process.
* Maintain excellent communication between customers, Loan Officers, Funders, and all other parties involved in each loan transaction. Provide a superior level of customer service to all parties.
* Demonstrate exemplary Partnership with all co-workers. Help to create a positive team environment. Work to minimize any negative situations or interpersonal conflicts.
* Assist other Processors with more technical loans and detailed regulatory questions.
* Assist in implementation of change, including the planning, introduction, and evolution of new systems or procedures.
* Forward all withdrawn and denied loans within the timeframes and guidelines as established by HomeStreet Bank.
* Immediately follow-up on all post-funding conditions, exceptions or requirements. Communicate any delays in completing these items to management.

About Aerotek:

Aerotek, headquartered in Hanover, Md., is a leading provider of technical, professional and industrial staffing services. Established in 1983, Aerotek is an operating company of Allegis Group, the largest provider of staffing services in the U.S. Aerotek operates a network of more than 200 non-franchised offices throughout the U.S., Canada and Europe. For more information, visit .

Aerotek is acting as an Employment Agency in relation to this vacancy.