Mortgage Loan Processor

Job Description

We are seeking an experienced SBA 7(a) Loan Processor with significant hands-on experience processing SBA 7(a) loans from initial application through closing and funding. Preferring mortgage brokerage experience with origination experience a plus.

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Key Responsibilities:

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• Process SBA 7(a) loan applications from intake to closing.
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• Collect, review, and verify borrower financial documents, tax returns, and business records.
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• Analyze financial statements, cash flow, and debt service coverage ratios (DSCR).
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• Prepare and review SBA loan packages and required documentation.
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• Ensure compliance with SBA SOP requirements and lender guidelines.
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• Coordinate with borrowers, underwriters, lenders, and closing teams.
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• Track loan applications, resolve documentation deficiencies, and ensure timely processing.
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Required Qualifications:

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• Significant experience processing SBA 7(a) loans underwriting.
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• Strong understanding of SBA lending procedures, documentation, and compliance requirements.
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• Experience working with SBA-approved lenders, banks, or loan brokerage firms.
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• Excellent communication, organizational, and documentation skills.
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• Ability to independently manage multiple loan files.
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Location Preference:

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Candidates located in Washington, DC, Maryland, or Northern Virginia (DMV) are preferred but not required. Qualified candidates from other U.S. locations are encouraged to apply.

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How to Apply:

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Interested candidates should submit their updated resume, including their SBA 7(a) loan processing experience.

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#Hiring #SBALoans #SBA7a #LoanProcessor #CommercialLending #BankingJobs #FairfaxVA #DMVJobs #RemoteJobs

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