[Hiring] Loan Processor @Center Street Lending

Role Description

As Loan Processor, you will support the Production team by applying your skills in the loan funding process. Responsibilities include:

• Familiar with business purpose lending and documents such as entity agreements, feasibility reports, insurance declaration pages, and title work.
• Provides excellent customer service and communication in a fast-paced environment while displaying the ability to multitask.
• Work cohesively with Underwriters, sales partners, and external customers.
• Responsible for all internal and external communication throughout the loan process and funding for each loan within your pipeline.
• Orders third party vendor reports required per policies, procedures, and lending guidelines.
• Reviews and analyzes all loan documents including appraisal, assets, personal and/or business financials, credit, background, escrow, purchase contract, construction/budget documents, and preliminary title reports ensuring acceptance and adherence to company policies and procedures and product guidelines in a timely manner.
• Submits quality processed file to underwrite for initial review and/or clear to close decisions. Follows up on any outstanding loan conditions after initial underwriting decision.
• Takes initiative with a clear business mind providing problem-solving solutions with a collaborative approach with all parties associated with the loan, before, during, and after closing.
• Escalates loan exceptions to management or Credit Committee for review and final decision outside of authority or as designated in the lending guidelines.
• Maintains an accurate active pipeline with knowledge of loan details.
• Upon Clear to Close, prepares and delivers loan documents to escrow and/or closing agent for signing.
• Reviews executed loan documents prior to submitting for Pre-Fund QC review.
• Ensures prior to funding conditions have been met.
• Acts as a Team Player with all internal and external customers.
• Adheres to established SLA’s.
• Maintains an average pipeline of 25+ loans & funds 20+ loans per month.

Qualifications

• Proven working experience in a loan processor role. At least 3 years’ experience in loan processing.
• Knowledge of mortgage terms, compliance disclosures, and standard credit documentation.
• Strong written and oral communication skills.
• Must be detail oriented.
• Proficiency with Encompass (preferred).
• Proficient in MS Office (Word, Excel, Outlook, PowerPoint, etc.).

Requirements

• Bachelor's degree preferred.

Benefits

• Full-time.
• Paid time off.
• Health insurance.
• Dental insurance.
• Vision.
• 401k plan.