Junior Loan Processor (HELOC) $40k-$50k Plus Monthly Bonus

Key Responsibilities

• Review and verify borrower information, including credit reports, income, credit and asset documentation, as well as property details to ensure accuracy and completeness.
• Prepare and submit complete loan files to Underwriting to obtain approval and achieve Clear to Close upon initial review.
• Communicate with applicants to request any outstanding documentation and provide status updates at regular intervals (every 24–48 hours).
• Prepare and provide weekly pipeline updates to Loan Officers, clearly communicating the status of each loan file.
• Respond to all emails within the same business day. Urgent matters should be addressed immediately upon receipt.
• Facilitate communication with external third-party partners, including but not limited to appraisal management companies, title companies, and insurance agencies.
• Ensure full compliance with applicable lending regulations, internal policies, and investor guidelines.
• Maintain accurate and up-to-date records while consistently meeting established processing timelines.
• Consistently maintain a pipeline of 30-40 files while achieving a closing volume of 20-30 transactions

Qualifications

• 2+ years of mortgage or HELOC processing experience preferred.
• Strong knowledge of lending regulations and documentation requirements.
• Excellent organizational skills with high attention to detail.
• Proficient in loan origination systems and Microsoft Office Suite.
• Strong communication and customer service skills.

Benefits

• Competitive salary $40,000-$50,000 annually with a monthly bonus structure
• Health, dental, and vision insurance
• Paid time off and holidays
• 401(k)
• Professional development opportunities