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Company: Valley Bank
Location: Wayne, NJ
Career Level: Entry Level
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include, but are not limited to:

  • Book new Home Equity loans and lines to the Miser system.
  • Review loan documentation (Note/Mortgage/CD/Riders/etc.) to ensure accuracy and acceptability.
  • Prepare mortgages for recording to be filed with the county of record and follow up on non-recorded mortgages.
  • Provides customer service to Home Equity customers by telephone and email.
  • Order home equity advance checks to be issued to HELOC customers.
  • Respond to payoff request, prepare payoff letters and process payoff checks.
  • Prepare mortgages for cancellation within prescribed time frames.
  • Prepare legal documents to process Subordination Agreements.
  • Pull closed files and send closed letter to customer.
  • Review advance checks and research for possible fraud.


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