The Home Equity Specialist manages the full lifecycle of home equity loans, from application through closing, by assessing member needs, evaluating creditworthiness, ensuring regulatory compliance, and providing outstanding service. This role supports loan portfolio growth through sound lending decisions, relationship development, and effective collaboration with members, underwriters, and business partners.
Join Our Team at Del Norte Credit Union!
We’re more than a financial institution, we’re a community. Guided by our mission of Improving Lives and vision of being Authentically New Mexico, we embrace Del Norteño Pride, reflecting our commitment to community, culture, and connection. Recently recognized as a Platinum-Level Family Friendly Business, we value People Focus, Collaboration, and Continuous Learning.
Location
Santa Fe, NM
Essential Functions & Responsibilities
- Consult with members to assess home equity lending needs, recommend appropriate loan solutions, and guide applicants through the loan process from application to closing.
- Evaluate loan applications, analyze credit risk, and make lending decisions in accordance with credit union policies, underwriting standards, and regulatory requirements.
- Process and manage home equity loan files by collecting documentation, ordering appraisals and title work, coordinating with underwriting, and ensuring timely file completion.
- Ensure compliance with all applicable federal and state mortgage lending regulations, including RESPA, TILA, TRID, ECOA, HMDA, Fair Lending, and related requirements.
- Communicate proactively with members, underwriters, title companies, and internal stakeholders to resolve issues, provide updates, and maintain an exceptional member experience.
- Conduct loan closings and review documentation for accuracy, completeness, and regulatory compliance.
- Develop and maintain relationships with referral partners, branch staff, and community organizations to support loan growth and business development initiatives.
- Stay current on lending products, market trends, industry regulations, and NMLS requirements to ensure accurate guidance and regulatory compliance.
- Meet established production, quality, and service goals while contributing to portfolio growth and continuous process improvement.
- Participate in team meetings, educational seminars, community outreach activities, and other duties as assigned.
Salary
Starting pay: $57,572.06 - $71,965.08 annually, based on qualifications, internal equity, and budget.
Benefits
- Spanish Speaking Incentive
- Medical, Dental and Vision insurance
- 401(k) - Traditional or Roth
- Paid Time Off
- Eleven paid holidays/year
- Employer-Paid Benefits: Employee Assistance Programs (EAP), Short-Term & Long-Term disability
- Other great benefits: Wellness Reimbursement Plan, Educational Reimbursement Program and Development Programs.
