Loan Processor
$31.25 - $40.87 per hourQualfax
Job Description
Job Description
About Qualfax:
Qualfax, Inc. is a bridge lender with decades of industry experience, specializing in financing for apartment complexes, office buildings, and retail properties. Operating across multiple states, we thrive in a fast-paced environment, providing quick solutions and exceptional service to our clients. At Qualfax, Inc., we are dedicated to fostering growth, overcoming challenges, and driving success in commercial real estate.
Position Overview:
As a Loan Processor at Qualfax, you’ll evaluate, analyze, and approve real estate loan applications. You'll collaborate with loan originators, brokers, legal teams, to assess risk, structure deals, and ensure compliance with our lending standards.
Responsibilities:
- Analyze and assess borrower creditworthiness, collateral value, and overall deal risk
- Review loan applications, financial statements, appraisals, title reports, and property inspections
- Structure loan terms in coordination with originators, aligned with company risk tolerance
- Conduct due diligence on sponsors, guarantors, and assets
- Ensure all loans comply with Qualfax guidelines and applicable regulations
- Coordinate with legal and operations teams to ensure smooth, timely closings
Qualifications
- 3+ years of experience underwriting bridge loans, private lending, or CRE finance
- Strong understanding of real estate valuation and investment strategies
- Skilled in financial analysis, credit review, and real estate documentation
- Comfortable in a fast-paced, high-volume lending environment
- Detail-oriented with excellent analytical and problem-solving skills
- Effective communicator with strong writing and presentation abilities
- Bachelor’s degree in finance, real estate, business, or a related field preferred
Benefits:
- Pay: $31.25 - $40.87 per hour ($65,000 - $85,000 per year)
- Accrued PTO starts on your first day on the job!
- PTO beginning at two weeks accrued, then additional weeks added for milestone years of: 4, 6, and 10 years! Up to 5 Weeks PTO!
- 6 paid holidays per year.
- 1 floating holiday per year.
- 40 hours of sick time per year.
- 16 hours of personal time per year.
- 401K with employer matched at 3%.
- $25 monthly phone stipend.
- Mileage reimbursement at $.725 per mile
- Medical, Dental, and Vision Insurance - 75% paid by Qualfax, Inc.
- $10,000 Life Insurance policy.
- Co-Employed by ADP – all the benefits of being employed by ADP, like EAP, cell phone plan discounts, and much more!
- Semi-annual company events for employees.
- Weekly pay.
- Performance reviews twice per year.
Why Join Qualfax?
- Competitive salary + performance-based bonus
- Comprehensive health, dental, and vision insurance
- 401(k) with company match
- Generous PTO and paid holidays
Benefits:
- 401(k) 3% Match
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience:
- Bridge Loan: 2 years (Required)
Work Location: In person
\nCompany Description About Qualfax:
Qualfax, Inc. is a bridge lender with decades of industry experience, specializing in financing for apartment complexes, office buildings, and retail properties. Operating across multiple states, we thrive in a fast-paced environment, providing quick solutions and exceptional service to our clients. At Qualfax, Inc., we are dedicated to fostering growth, overcoming challenges, and driving success in commercial real estate.
Company Description
About Qualfax:\r\nQualfax, Inc. is a bridge lender with decades of industry experience, specializing in financing for apartment complexes, office buildings, and retail properties. Operating across multiple states, we thrive in a fast-paced environment, providing quick solutions and exceptional service to our clients. At Qualfax, Inc., we are dedicated to fostering growth, overcoming challenges, and driving success in commercial real estate.
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