Loan Processor

Loan Processor – Onsite in – Irvine, CA – Remote option available Responsibilities Familiar with business purpose lending and familiar with documents such as entity agreements, feasibility reports, insurance declaration pages and title work Support the Production team by applying skills in the loan funding process. Provide excellent customer service and communication in a fast-paced environment while displaying the ability to multitask. Work cohesively with Underwriters, sales partners, and external customers. Responsible for all internal and external communication throughout the loan process and funding for each loan within your pipeline. Order third party vendor reports required per policies, procedures, and lending guidelines. Review and analyze all loan documents including appraisal, assets, personal and/or business financials, credit, background, escrow, purchase contract, construction/budget documents and preliminary title reports ensuring acceptance and adherence to company policies and procedures and product guidelines in a timely manner. Submit quality processed file to underwrite for initial review and/or clear to close decisions. Follow up on any outstanding loan conditions after initial underwriting decision. Takes initiative with a clear business mind providing problem-solving solutions with a collaborative approach with all parties associated with the loan, before, during and after closing. Escalate loan exceptions to management or Credit Committee for review and final decision outside of authority or as designated in the lending guidelines. Maintain an accurate active pipeline with knowledge of loan details. Upon Clear to Close prepare and deliver loan documents to escrow and/or closing agent for signing. Review executed loan documents prior to submitting for Pre-Fund QC review. Ensure prior to funding conditions have been met. Act as a team player with all internal and external customers. Adhere to established SLA’s. Maintain an average pipeline of 25+ loans & funds 20+ loans per month. Qualifications Proven working experience in a loan processor role. At least 3 years’ experience in loan processing. Knowledge of mortgage terms, compliance disclosures, and standard credit documentation. Strong written and oral communication skills. Must be detail oriented. Proficiency with Encompass (preferred). Proficient in MS Office (Word, Excel, Outlook and PowerPoint). Education Bachelor's degree preferred. Compensation Hourly $33.65 - $36.06 + Bonus structure $50.00 Per file closure. Benefits Full-time Paid time off / Health insurance / Dental insurance / Vision / 401k plan #J-18808-Ljbffr