Loan Processor

Job Description

Job Description

Job Title: Loan Processor  

Position Summary

We are seeking an experienced and detail-oriented Processor to join our lending operations team. The ideal candidate will have deep familiarity with residential investment lending, particularly Fix-and-Flip and DSCR loan programs. This role is critical in ensuring the efficient and accurate processing of loans from submission to closing, supporting investors and borrowers with a seamless and responsive experience.

Key Responsibilities

Loan Intake & Initial Review

• 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

Borrower Communication & Support

• 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

Coordination & Pipeline Management

• Coordinate with third parties, including title companies, inspections, insurance agents, and closing agents.
• Monitor and manage 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

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

In addition to your resume, please complete the following job fit assessment as part of your application:

-Assessment