Loan Processor

Key Responsibilities

• Review and validate loan applications and required documentation (credit, income, entity docs, purchase contracts, etc.)
• Ensure completeness and accuracy prior to submission to underwriting
• Set up files in LOS (Loan Origination System) and maintain all documentation in compliance with internal and regulatory standards
• Act as the primary point of contact for borrowers, brokers, and the sales team throughout the processing cycle
• Clearly communicate outstanding document needs, next steps, and timelines
• Coincide with third parties, including title companies, inspections, insurance agents, and closing agents.
• Maintain a pipeline of active loans to ensure all files are progressing toward timely closings
• Follow up with internal underwriting and credit teams for file decisions and escalations as needed
• Verify compliance with loan program guidelines, investor overlays, and risk tolerances

Requirements

• Education & Experience: Experience processing loans for real estate investors (single-family, multi-family, short-term bridge loans); Familiarity with various ownership structures (LLCs, corporations, trusts)
• Technical Skills: Strong understanding of loan documents, title reports, and property insurance requirements; Ability to read and interpret credit, background, entity documents, and title reports
• Soft Skills: High attention to detail and organizational skills; Excellent written and verbal communication; Strong problem-solving abilities and a proactive, solutions-oriented mindset; Ability to thrive in a fast-paced, deadline-driven environment

Benefits

• Base Salary Range: Entry-Level (1–2 years, limited fix-and-flip/DSCR exposure): $55,000 – $65,000; Mid-Level (3–5 years with relevant experience): $65,000 – $70,000
• Compensation & Benefits: Competitive salary plus bonus opportunity; Health, dental, life, and vision insurance; 401(k) with company match; Remote or hybrid flexibility depending on location