Loan Processor

Summary The Loan Processor is responsible for managing the intake, documentation, and preparation of loan files to ensure they are complete, accurate, and ready for underwriting review. This role plays a critical part in driving efficiency across the lending process by proactively identifying missing information, coordinating third-party requirements, and supporting the underwriter in clearing conditions. The ideal candidate is highly organized, detail-oriented, and capable of managing multiple loan files in a fast-paced environment while maintaining a high standard of accuracy and communication. Work Schedule: On-site five days per week for the first 90 days, then remote one day per week. Job Description Loan File Management & Preparation Collect, review, and organize documentation to ensure completeness and accuracy prior to underwriting submission. Prepare loan files in accordance with internal policies and underwriting guidelines. Identify and resolve documentation gaps, inconsistencies, or errors. Underwriting Support Review underwriting conditions and coordinate with relevant parties to obtain required documentation. Support underwriter by maintaining clean, well-documented files and responding to follow-up requests. Third-Party Coordination Order and track third-party services (i.e., appraisals, credit reports, judgement and lien searches, UCCs). Ensure all external documentation is received, reviewed, and uploaded in a timely manner. Pipeline & Workflow Management Maintain an organized pipeline of active loan files, ensuring all deadlines are met. Proactively follow up on outstanding items to prevent delays. Communicate status updates to stakeholders and elevate risks or delays, as necessary. Compliance & Quality Control Ensure loan files meet internal standards, bank requirements, and audit readiness. Maintain accurate and complete records. Adhere to all company policies, procedures, and confidentiality requirements. Qualifications Education & Experience Bachelor's degree in finance, business, or related field preferred. 2 years of experience in loan processing, underwriting support, banking, or financial services. Skills & Competencies Strong attention to detail and commitment to accuracy. Excellent organizational and time management skills. Ability to manage priorities and meet deadlines in a fast-paced environment. Strong communication skills, both written and verbal. Working knowledge of loan documentation and underwriting processes. Proficiency in Microsoft Excel, Word, and document management. Experience working with invoices, reconciliations, and billing processes. Problem analysis and problem-solving skills. Compensation $50,000 - $60,000 per year. #J-18808-Ljbffr