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Loan processor jobs in Middletown, NJ

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  • Loan Processor

    BD Capital 4.3company rating

    Loan processor job in Warren, NJ

    Company BD Capital is a premier lender to developers and builders across the country. We pride ourselves on a consultative approach to fulfilling our customer's needs. This customer focus creates a positive, entrepreneurial atmosphere where people are empowered to learn, grow, and contribute as individuals in a respectful and non-judgmental culture. The company is experiencing rapid growth and looking to build out the operations team with an exceptional Loan Processor for our top producing sales team. Position Summary We are looking for a Loan Processor who thrives in a fast-paced, entrepreneurial growth environment. This person will manage a pipeline of loan files, ensuring a smooth and timely loan transaction experience for our borrowers through the collection and analysis of documents and data. As a customer facing person, this individual is also responsible for providing our borrowers with exceptional customer service and transparency into the process. Responsibilities · Review loan file submissions, organize files, and input loan information into the company's loan origination system · Order and verify third party services (e.g., credit, flood, appraisals, environmental reports, zoning reports) · Collect and verify documentation related to borrower, asset, entity, and construction · Ensure loan files are in compliance with program guidelines, investor requirements, and federal and state laws/regulations (e.g., disclosures, notifications) · Inform loan officer, agent, and borrower about discrepancies in title, appraisals, credit, employment, income, and other file related items · Obtain documentation to clear conditions prior to funding as required by underwriting · Submit completed file to underwriting department for approval · Proactively monitor pipeline to set realistic closing dates, ensure timely funding of loans, and meet expected service levels · Communicate with external parties to the loan including but not limited to borrower, realtor, title, closing agent, and appraisal management company · Evaluate processes and procedures for efficiency opportunities and implement process improvements · Maintain thorough knowledge of the loan origination system and proactively identify and implement work flow improvements within the system · Organize and maintain daily pipeline huddles with sales, construction, and other stakeholders, as needed · Prepare reports giving executives visibility into the loan pipeline, daily production activity, cycle times, and loan quality · Manage and train junior processors and other employees, as required · Maintain and update the Processing Policy and Procedure Manual · Ad hoc projects, as assigned Qualifications · Deep knowledge of mortgage processing concepts, practices and procedures · Knowledge of federal and state regulatory guidelines · Pipeline management experience required · Knowledge of Encompass preferred · Strong working knowledge of MS office and Sharepoint · Knowledge of underwriting and/or loan structuring a plus · Process improvement experience (e.g., six sigma) a plus · Strong attention to detail · Well-developed communication and interpersonal skills with an emphasis on customer service, conflict management, teamwork and coaching · Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently within established timeframes · Naturally inquisitive with strong analytical and problem-solving skills · Demonstrated ability to maintain confidentiality and use discretion in daily activities · Ability to work in a fast paced environment under pressure with tight deadlines and constant interruptions; Ability to flexibly adjust priorities in a changing environment · Self-motivated team player with a strong work ethic and high level of personal accountability · Positive personality with a high level of integrity · Valid driver's license Education & Experience · Bachelor's degree from an accredited college/university · 2+ years of commercial and/or residential loan processing experience Location Warren, NJ Employment Type Full Time BD Capital, LLC provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law.
    $47k-60k yearly est. 2d ago
  • Mortgage Loan Processor

    Mortgage Company 4.1company rating

    Loan processor job in Red Bank, NJ

    The Mortgage Processor will be responsible for the entire end-to-end mortgage loan process. They will gather and process all loan documentation, confirm files are complete & accurate, ensure compliance with policy, regulatory, and loan terms. Responsibilities Review each loan file to verify that documents are present, accurate, and complete before underwriting Manage loan process through mortgage software system Ensure that loan rules, obligations, and deadlines are met Audit and prepare quality files that meet closing objectives Obtain mortgage loan documentation for clients Qualifications Minimum of 3+ years of experience with mortgage loan processing required Knowledge of FNMA, FHLMC, FHA, and VA loan programs is essential. Strong understanding of the mortgage lending process, including processing, closing, and funding loans. Strong prioritization and time management abilities. Strong attention to detail Encompass Software a plus Excellent analytical, communication, and customer service skills.
    $35k-45k yearly est. 3d ago
  • Associate, Loan Closing Specialist

    Ready Capital 4.0company rating

    Loan processor job in Berkeley Heights, NJ

    Ready Capital offers a positive and diverse work culture incorporated with people who are passionate about their careers. We pride ourselves in being viewed as a premier place to work and encourage you to view our Senior Associate, Accountant opportunity. Summary of Essential Job Functions: Review Request for Credit Approval, Write-up and Commitment Letter within 24 hours of receipt of legal file, conduct introductory call to borrower and prepare/send Closing Checklist detailing documentation required for loan closings. Regularly liaise with federal and state regulators. Follow up, review and approve all Closing checklist/borrower due diligence items required for loan closing. Determine what is required to perfect security interest in collateral and decide when loan file is ready to close. Analyze supporting documents provided by borrowers and third parties to determine if they meet RCL approvals/standards and make decision that loan is thoroughly documented in accordance with RCL and SBA policies and credit approval memorandums. Ensure all required hazard, contents, liability and/or flood insurance coverage has been obtained on industry required forms naming RCL as mortgagee and/or loss payee. Maintain excellent level of customer service by being responsive to calls and emails from borrower and inside staff regarding loans in process within 24 hours of receipt. Order appropriate third-party searches (flood, good standing certificates, UCC, title, judgment and bankruptcy) for all borrowers/guarantors. Compliant with RCL policies/procedures and have knowledge of SBA SOPs and regulations Prepare and review all required SBA, legal and state specific documents required for loan closing. Become an integral part of the SBA Closing Team. Responsible for following updated SBA policy notifications when issued. Master RCL's construction policy, follow guidelines in notifying SBA of any modifications to the construction project such as but not limited to extension of maturity date, increase or decrease to the loan amount. Responsible for reviewing site inspection reports for accuracy and process of the project as well as relaying any unforeseen issues to credit and management Manage productivity by ensuring proper communication with borrower, general contractor and vendors to limit 1 to 2 disbursements per month Act as liaison between Legal Counsel, Escrow, Title, deal team and all interested parties to coordinate document preparation, loan signing, funding, and closing. Review and approve closing settlement statements, escrow documentation, insurance, and outstanding loan conditions. Prepare funding information sheets detailing wiring information and use of loan proceeds. Coordinate with accounting to assure timely release of wires for loan fundings. Prepare closing packages of documents and ensure legal file is in compliance with RCL policies before transferring for Compliance Review Provide assistance with portfolio acquisition due diligence Adhere to turn time requirements. Additional duties as requested by Closing Manager. Primary Success Measurements: Average of 2- 3 loans closed monthly or as modified by RCL management. Average calendar days to fund from date processed loan received in Funding. Percent of loans closed by contract closing date. Overall file quality rating as determined by Closing Manager. Quality control error percentage. Customer Satisfaction Survey results. Timing requirement on forwarding completed loan packages to Compliance Department. Significant Decisions and Recommendations: Ability to make independent decisions on a daily basis relating to loan portfolio. Upon receipt of a loan package, exercise discretion in reviewing, analyzing and determining closing requirements Regularly exercise discretionary powers and independent judgment in decision-making in order to accurately complete all loan file due diligence. Ability to independently determine what is required to perfect security interest in collateral and decide when loan file is ready to close. Education and Experience: Bachelor's degree preferred. Paralegal Certificate preferred. Minimum of 2-5 years of commercial mortgage lending experience and/or relevant work experience in a functional role required or equivalent combination of education and experience. Knowledge and/or Skills: Knowledge of the SBA SOP Operate standard office equipment/computer. Proficient in Microsoft Office Suite, working with Word and Excel or similar spreadsheet software. Type accurately at a speed necessary to meet the requirements of the position. Organize work, set priorities and exercise sound independent judgment within established guidelines. Interpret, apply, explain and reach sound decisions. Ability to maintain files and records. Ability to prioritize and perform multiple tasks. Ability to answer loan document related questions from borrowers and referral sources. Excellent interpersonal skills. Detail oriented. Language Skills: Ability to read and comprehend instructions, short correspondence, and memos. Ability to write basic routine reports and correspondence. Ability to interact effectively with management, other employees, and customers as needed. Diplomacy in dealing with internal and external clients. Excellent communication skills. Mathematical Skills: Basic credit skills required. Ability to perform basic calculations such as to add, subtract, multiple, and divide. Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability review information and solve problems quickly. Strong ability to manage time. Achievement oriented, takes initiative, and ability to take direction. Strong organizational skills. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand and walk. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. Work Environment The work environmental characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The noise level in the work environment is moderately quiet. We thrive in an environment that encourages hard work while having fun! Salary Range: $105,000- $115,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
    $105k-115k yearly 60d+ ago
  • Loan Processor

    Wealthfront 4.6company rating

    Loan processor job in New York, NY

    Wealthfront is seeking a mortgage loan processor to join our team as we build and scale our mortgage lending operations. As a key player on the team you will leverage your expertise to work with existing Wealthfront clients providing excellent service and guiding them through the process with the support of our innovative technology and tools. This position offers an exciting opportunity to be a part of a cutting-edge team in a rapidly growing environment. Responsibilities Reviews loan file and gathers any items needed for final loan approval Liaison between all operational and sales departments in the transaction Orders supporting documentation Evaluates loan applications for reasonableness and, if needed, escalates files for further evaluation Prioritizes daily workload to ensure a delightful client experience Excellent client communication skills Communicates with third party vendors throughout the loan process to finalize the application Ensures adherence to investor and regulatory guidelines Proactively maintain loan pipeline, tasks and objectives Adopts Company values in work behaviors, decision making, contributions and interpersonal interactions. Contributes to a positive work environment by demonstrating cultural expectations and influencing others to reward performance, accountability, diversity and inclusion, flexibility, continuous development, collaboration, creativity and fun Expertise Customer-focused, business-centric, and team-oriented mindset; relentlessly passionate about finding and completing valuable work. Strong working knowledge of state-specific licensing and registration requirements and use of the NMLS. Strong working knowledge of Federal and state regulations including TRID and HMDA. Deep understanding of mortgage loan products and underwriting guidelines. Self-driven with the ability to work independently and collaboratively. Excellent organizational skills, able to set and meet deadlines in a high paced environment. Demonstrated ability to communicate effectively and influence positive outcomes at all levels of an organization. Intellectually curious and interested in applying technology to enhance business processes. Prior experience in retail mortgage loan processing Excellent communication skills focusing on both internal and external communications Openness to adapting to industry changes Requirements 2+ years of retail mortgage processing experience Mortgage Loan Originator License preferred; Company will sponsor for the right candidate Knowledge of Conventional Conforming and Jumbo guidelines Understanding of state and federal lending regulations Extensive knowledge and understanding of customer service and intrapersonal best practices Estimated annual salary range: $55,000 - 62,000 USD plus Equity and a discretionary bonus. Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more! About Wealthfront Here at Wealthfront, our mission is to create a financial system that favors people, not institutions. We do this by leveraging technology to build powerful, low-cost, and easy-to-use financial products that help modern investors grow and manage their money. We started with the ambition to transform the investment advisory business. By automating strategies typically reserved for the wealthy, we unlocked access to high quality investment advice for a digitally-native generation that was underserved by traditional institutions. Since then, we've expanded to a full suite of products designed to help our clients turn their savings into long-term wealth, including: • A Cash Account that, through our partner banks, offers one of the highest annual percentage yields on uninvested cash in the industry, while providing instant and secure access to your money with no account fees and a full suite of checking features. • A zero-commission Stock Investing Account with 50+ handpicked collections that help DIY investors discover new companies and make smarter investing decisions. • Multiple automated investing portfolios designed to unlock tax savings through sophisticated strategies like fixed income, tax-loss harvesting, and direct indexing-which we offer at industry-leading low costs and accessible minimums. Our award-winning products have attracted over 1 million clients who trust us with more than $90 billion of their hard earned savings-and we're far from done. If you're inspired to help us reshape the financial industry as we create our next chapter, let's talk! For more information please visit ********************** are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Please review our candidate privacy notice. Disclosures: All investing involves risk, including the possible loss of principal. Tax-Loss Harvesting benefits vary depending on the client's entire tax and investment profile. Wealthfront doesn't provide tax advice. The Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), Member of FINRA/SIPC. Wealthfront Brokerage is not a bank. We convey funds to partner banks who accept and maintain deposits, provide the variable interest rate, and provide access to FDIC pass-through insurance. Investment management and advisory services-which are not FDIC insured-are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser. The checking features offered in the Wealthfront Cash Account are provided by Green Dot Bank, Member FDIC. Fees and Eligibility requirements may apply to certain checking features, please see the Deposit Account Agreement for details. By “award-winning products”, please refer to *************************** for more information. Wealthfront Corporation oversees Total Client Assets and Trusted Clients through Wealthfront Advisers and Wealthfront Brokerage. Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
    $55k-62k yearly Auto-Apply 60d+ ago
  • Junior Loan Processor

    Tomo

    Loan processor job in New York, NY

    Who We Are Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, Citi Ventures, NFX and Progressive Insurance, Tomo is poised to become one of the most valuable fintech startups of our generation. Junior Loan Processor Location: New York, NY Reports To: Loan Processing Manager Type: Full-Time; Hybrid (in office Mon-Wed, remote Thurs-Friday) This is an ideal opportunity for a recent graduate looking to get their foot in the door of the mortgage, fintech, or real estate space. As a Junior Loan Processor, you'll work closely with our Processing team to help keep the home loan process moving-ensuring documents are complete, accurate, and ready for next steps. You'll help manage the "behind-the-scenes" tasks that create a seamless experience for our customers, freeing up our Processors to focus on high-impact work. If you're organized, hungry to learn, and ready to roll up your sleeves, this is a great entry point to launch your career in a high-growth company. What You'll Do * Support Loan Processors by reviewing applications and prepping files for underwriting * Review and organize key documents (e.g., paystubs, bank statements, W-2s) for completeness and compliance * Place orders for third party items needed for final loan approval including but not limited to: appraisals, title reports, homeowners insurance policies, etc. * Track outstanding items and follow up with third parties (appraisal management company, title companies, insurance agents, etc.) or internal teams as needed * Learn how the mortgage process works from start to finish (we'll train you!) * Shadow experienced team members and gain exposure to career paths in operations, processing, underwriting, and beyond. Who You Are * A recent graduate or early-career professional with strong ambition * Hungry to learn and curious about how things work * Known for being organized, detail-oriented, and reliable * Comfortable juggling multiple tasks and timelines * A clear communicator-written and verbal * A team player who thrives in fast-paced environments * Tech-savvy or quick to pick up new systems Bonus Points If You Have * Experience in a fast-paced internship, part-time job, or student organization * Familiarity with Excel/Google Sheets or CRM tools * An interest in real estate, finance, or fintech Why This Role Matters * This is the backbone of a smooth loan process. You'll be a key player in helping people buy * homes, while building real skills and a long-term path in a booming industry. We don't just * invest in your output; we invest in your growth. What's In It for You * A steep learning curve and mentorship from experienced professionals * Career growth into Loan Processing, Underwriting, Operations, Sales, and beyond * Competitive pay $55K-$57K * Bonus potential up to $10K annually, paid out quarterly * Equity * Inclusive, mission-driven culture that values curiosity, integrity, and hustle Benefits We strive to anticipate your needs in order for you to be a healthy, motivated, and happy team member. We provide a variety of competitive benefits including (but not limited to): * Equity Ownership: All teammates receive stock options-we win together * Comprehensive Medical, Dental, and Vision plans for you and your dependents with some plans 100% covered * Work-life balance and a generous paid time off policy * In order to support teammates who become parents, Tomo Mortgage provides paid parental leave * 401(k) retirement plan
    $55k-57k yearly Auto-Apply 1d ago
  • Loan Processor

    Crosscountry Mortgage 4.1company rating

    Loan processor job in Union, NJ

    CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program. Position Overview: The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations. This position operates within Eastern Standard Time Zone working hours to support the East Coast region. Job Responsibilities: Perform a thorough review and analysis of borrower's credit, employment, financial information, and assets as required by the loan program before submitting to underwriting. Assemble the complete loan package in proper order for underwriting. Verify all required documentation (pre-underwrite) in the file. Complete the required loan checklist. Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting. Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents to submit to the underwriting department for approval or denial; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan. Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures. Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information. Verify that vendor orders are complete, invoices are received and in the applicant's E-file. Manage a pipeline of up to 50 loans by completing and submitting reports within allotted turn-around times. Assist set-up of loans. Ensure all assigned tasks, including file reviews, condition assessments, and communications, are completed within the established 48-hour turnaround time. Act as a liaison between applicants, mortgage brokers, loan officers, real estate agents and underwriters to help further loan approval; document all communication related to the loan application in the conversation log. Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors. Available to work varying hours and overtime if needed. Qualifications and Skills: High School Diploma, General Equivalency Diploma (GED), or equivalent. 5+ years of experience in a processing role. Experience with processing in New Jersey and New York, required. Experience with Encompass. Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred. Knowledge of DU, LP, Microsoft Office, and Windows. Familiarity with Agency, Government, Non - QM and Brokered loans. Excellent math and analytical skills. Excellent communication skills. Excellent prioritization and time management skills. This is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. Pay Range: Hourly Rate: $28.00 - $30.00 This position is bonus plan eligible The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position. CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: ********************************** California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants. CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit ***************************
    $28-30 hourly Auto-Apply 60d+ ago
  • Analyst - Non-QM Loan Processor (Brick City Capital Divison)

    Leverage Companies

    Loan processor job in Newark, NJ

    Analyst - Loan Processing (Non-QM) Role: Analyst - Non-QM Loan Processor Company: Brick City Capital (A Private Equity Division of Leverage Companies) Job Type: Full-Time Compensation: $60,000 + Bonus On-Target Earnings (OTE): $125,000+ Who We Are Brick City Capital is a real estate private equity firm backed by Leverage Companies, a national investment group on a mission to create millionaires through real estate. As a fund manager and operator, our team has executed over $4 billion in real estate transactions and is on pace to deploy $800 million in capital across our debt and equity platforms in 2025 - targeting SFR and small to mid-cap multifamily assets. We combine the speed and scrappiness of a startup with the discipline and firepower of an institutional investment firm. Leverage Companies is a dynamic real estate private equity platform on a mission to create millionaires through real estate. We operate a vertically integrated ecosystem made up of three synergistic businesses: Leverage Media - Our education and content platform that equips everyday investors with the knowledge, frameworks, and confidence to build wealth through real estate and entrepreneurship. Leverage Homes - Our acquisitions arm, focused on sourcing, evaluating, and monetizing residential investment properties through wholesale, fix-and-flip, and rental strategies. Brick City Capital - Our private lending business, providing fast and flexible capital to real estate investors nationwide with a focus on DSCR and business-purpose loans. Founded seven years ago and proudly headquartered in Newark, NJ, we are scaling rapidly and building a world-class team committed to operational excellence, bold growth, and long-term impact. Key Responsibilities: Processing and Transaction Management: Execute and oversee the processing of loan transactions, ensuring accuracy and compliance with internal policies and regulatory standards primarily focused on document collection and verification. Collaborate with various teams to streamline processing workflows and identify opportunities for efficiency improvements. Pricing Analysis: Conduct comprehensive pricing analysis on various loan products to support informed decision-making. Stay abreast of market trends, competitive pricing, and economic indicators to adjust pricing strategies accordingly. Account Management: Serve as a primary point of contact for assigned client accounts, addressing inquiries, providing updates, and ensuring overall client satisfaction. Collaborate with clients to understand their financial goals and tailor solutions to meet their individual needs. Data Analysis and Reporting: Utilize analytical tools and software to extract, analyze, and interpret financial data, providing insights for strategic decision-making. Generate regular reports for internal and external stakeholders, highlighting key performance indicators and trends. Risk Management: Work closely with the underwriting team to identify potential risks associated with processing and pricing activities. Develop and implement risk mitigation strategies to safeguard the interests of the company. Qualifications: Bachelor's degree in Finance, Business, or a related field. 2+ Years of Private Lending Experience Strong analytical and quantitative skills with attention to detail. Experience in financial analysis is preferred. Excellent communication and interpersonal skills for effective account management. Proficiency in financial software and tools. Ability to work collaboratively in a fast-paced environment. Benefits: Competitive salary and performance-based incentives. Comprehensive health and retirement benefits. Opportunities for professional development and career advancement.
    $37k-53k yearly est. 60d+ ago
  • Senior Loan Processor

    Madison Mortgage Services Inc. 4.6company rating

    Loan processor job in Garden City, NY

    Job DescriptionAre you a successful senior loan processor with excellent communication skills, a keen eye for detail, and a white-glove service approach to closing mortgages? Our mortgage team has a recipe for success that will help bring your skills and talents to the next level. If you are looking for an opportunity for growth with a tight-knit group of mortgage professionals, apply now.Compensation: $65,000 - $110,000 annually Responsibilities: Obtain and verify that all loan documentation, such as title insurance, appraisals, loan applications, credit reports, and income and asset declarations are accurate and provided promptly to underwriters for loan approval Submit loan file documentation accurately into necessary software programs Facilitate a timely loan closing by serving as the main point of contact for title companies, real estate agents, mortgage loan officer/ mortgage loan originator, borrowers, and mortgage underwriters Ensure that all loan files, credit packages, and disclosure packages comply with company lending policies, as well as state and federal lending guidelines Order third party documentation and reports for residential home loans, create and maintain the mortgage loan file, and assist in clearing underwriting conditions as requested Qualifications: Federal and state home loan regulatory requirements and overall mortgage industry knowledge is essential Several (2-3) years experience of loan processing experience with a mortgage banker or mortgage lending company, bank, or credit union is required College (Bachelor's degree) preferred; high school diploma required Intermediate proficiency with MS Office, Loan Origination Software (LOS), and Automated Underwriting System (AUS) are assets Superb customer service, attention to detail, time management, and communication skills are required Minimum 3-5 years of proven success as a Loan Processor at a mortgage broker, mortgage lender, bank, or credit union working in a high-volume pipeline. About Company Why Join Madison Mortgage Services? At Madison Mortgage Services Inc., we're more than just a company; we're a family of dedicated, passionate professionals who believe in achieving greatness together. One of our core values is a deep commitment to teamwork. We believe in winning as a team and supporting each other to reach both individual and collective goals. Let's Be Honest - You Know Who You Can Bring. If you've been waiting for the right opportunity to monetize your network and join a company that values what you bring to the table, this is your moment.
    $65k-110k yearly 15d ago
  • Mortgage Loan Processor

    R & J Capital

    Loan processor job in New York, NY

    At R&J Capital we believe in serving customers with honesty, integrity and competence. We are a highly revered mortgage brokerage firm providing services in New York, New Jersey, Florida, Connecticut, Pennsylvania, North Carolina, Texas, Maryland, California, Colorado & Indiana and continuing to expand. Join us and work for a company that is focused on success, growth and out of the box solutions. Skills & Experience Skills Three year's relevant mortgage processing or underwriting experience Experience with mortgage loan software programs Verbal and written communication skills Good interpersonal and customer service skills Time-management and organization skills Ability to meet strict deadlines Ability to explain technical concepts in simple terms Ability to work in a fast-paced environment Willingness to learn new concepts to grow and advance Experience Responsibilities Monitor and manage large pipeline to ensure timely funding of loans Evaluate and assess residential mortgage loan applications as assigned Perform a preliminary review of each application for compliance and completeness Run DU or LP underwriting engine as appropriate. Compare findings with loan file documentation and collect additional documentation as needed Maintain contact and support between the Loan Originator and all other departments of the company throughout the process of the loan, which may include Sales, Underwriting, Compliance, and Funding Identify any change of circumstance and prepare and deliver any required disclosures Evaluate risk of residential mortgage loan applications based on company guidelines Image and accurately organize all file documentation to comply with company and industry standards Prepare and submit completed loan files to lender's underwriting for decision based on mandated quality control guidelines and regulatory compliance Resubmit loan files to obtain clear to close status and collect prior to closing documents Be able to self-prioritize and manage large pipeline and exhibit high organization skills Provide a high level of customer service to internal and external customers Update loan milestones within one business day of the event Other duties as assigned This is a fulltime position Hiring Insights job activity Posted 30+ days ago R & J Capital Group
    $48k-68k yearly est. 60d+ ago
  • Mortgage Closer

    Collabera 4.5company rating

    Loan processor job in New York, NY

    Established in 1991, Collabera has been a leader in IT staffing for over 22 years and is one of the largest diversity IT staffing firms in the industry. As a half a billion dollar IT company, with more than 9,000 professionals across 30+ offices, Collabera offers comprehensive, cost-effective IT staffing & IT Services. We provide services to Fortune 500 and mid-size companies to meet their talent needs with high quality IT resources through Staff Augmentation, Global Talent Management, Value Added Services through CLASS (Competency Leveraged Advanced Staffing & Solutions) Permanent Placement Services and Vendor Management Programs. Collabera recognizes true potential of human capital and provides people the right opportunities for growth and professional excellence. Collabera offers a full range of benefits to its employees including paid vacations, holidays, personal days, Medical, Dental and Vision insurance, 401K retirement savings plan, Life Insurance, Disability Insurance. Job Description Contract Duration: 18 months Pay rate: 20/hr The Custom Residential Real Estate Fulfillment center provides support in the following key areas: 1st Mortgages, Modifications/Renewals, Adjustable Rate Mortgage Servicing, Construction Loan Servicing and Post Close Reviews. The Closing specialist coordinates preparation of loan closing packages, including issuance of funds, closing instructions, and insures the timely and accurate closing of 1st mortgage residential loan transactions, for our UHNW Clients. Closing Specialist is to prepare and review documentation in accordance with Bank policies and procedures, to facilitate closings with our Wealth Management Clients and to ensure lien perfection. Works on routine to highly complex documentation. Interfaces with company vendors, legal counsel, line partners and clients, to ensure world-class documentation and accuracy. Maintains primary responsibility for accuracy of documentation, timely delivery of documents and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable re-work. Qualifications Experience with Mortgage closing handled real estate loan documents Additional Information If you are interested, please feel free to contact me at: Laidiza Gumera ************
    $58k-79k yearly est. 60d+ ago
  • Loan Servicing Representative III (Transaction Processing)

    Provident Bank 4.7company rating

    Loan processor job in Woodbridge, NJ

    How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees' experience. POSITION OVERVIEW: Under close supervision, this position is responsible for performing high-level maintenance and departmental audit functions on commercial loans, commercial real estate loans, construction loans, ready reserve and small business loans. This position is considered at the senior level. Incumbent performs complex routine and non-routine duties of the job. Incumbent is expected to show initiative by training less experienced staff members or take on more challenging and/or complex assignments. KEY RESPONSIBILITIES: Assists with managing various commercial loan servicing activities, including but not limited to application of funds, payment of real estate taxes and customer inquiries. Ensures that areas of responsibility meet required deadlines for both internal and external customers. Evaluates and resolves high priority or complex issues through communication and negotiation with customers. Is responsible for setting up all borrower and financial information for entire portfolio of new loan closings on the appropriate Horizon and ACBS systems. Reads and interprets loan documents and approvals for verification of system accuracy. Tracks all future interest rate adjustments and verifies accuracy of system-generated letters for compliance with loan documents. Alerts management of any upcoming changes where may need special attention. Processes all loan modifications, including extensions of maturity, interest rate adjustments, borrower transfers, etc on entire portfolio. Inputs and verifies that all modified data has been approved by Credit Committee and/or designated loan officer. Administers real estate tax escrow disbursement report for prevention of negative escrow transactions for all loans. Directly contacts local municipalities as needed for clarification of amounts due and resolving any discrepancies regarding borrower real estate tax payments made by The Provident Bank. Responds to all borrower inquiries for reconciliation of escrow transactions. Re-analyzes escrow accounts where deficiencies are noted. Handles entire monthly billing process, which includes assuring that all commercial account bills are generated and mailed to customers. Adheres to finest quality control standards. Contacts borrowers on returned mail items for address verification. Processes all monetary transactions including, monthly payments, fees, payoffs, construction and commercial line/loan advances and pay-downs and performs any corrections and adjustments as warranted. Trains new staff on Bank's policies and procedures needed to perform their respective job function. Perform other duties as assigned by management. MINIMUM QUALIFICATIONS: 5 - 7 years of related experience High school diploma or GED Interpretation of all loan documentation. Ability to exchange information clearly and concisely and to present ideas and report facts. Working knowledge of Horizon System, ACBS System, PC skills. Ability to create Excel Spread Sheet and utilize formulas for creating bills and various reports. Take ownership of workflow and resolve problems with minimal to no supervision. Ability to multi-tasking is imperative. Excellent communication and organizational skills. Strong mathematical background required. WORKING CONDITIONS Work is typically performed in an office environment. Noise levels are usually moderate. Prolonged sitting Lifting from 5 to 10 lbs. (printer paper, storage boxes) Occasional bending or overhead lifting (storing files or boxes) The hazards are mainly those present in a normal office setting. This may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management. Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here. We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law. Pay Details: $22.26 - $27.79 hourly Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. This role is incentive eligible based upon company, business, and/or individual goal achievement and performance. Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
    $22.3-27.8 hourly 24d ago
  • In-Office Non-QM Loan Underwriter

    National Mortgage Staffing 3.9company rating

    Loan processor job in Edison, NJ

    As an In-Office Non-QM Underwriter, you will be responsible for evaluating and underwriting complex non-qualified mortgage (Non-QM) loan applications. This position requires expertise in various non-QM loan products, including but not limited to Bank Statement, DSCR (Debt Service Coverage Ratio), and Asset Depletion loans. Your role will ensure compliance with all underwriting guidelines and regulatory requirements while maintaining a high level of service and accuracy. Key Responsibilities: Review and analyze loan files, including income documentation, credit reports, and asset verification for Bank Statement, DSCR, and Asset Depletion loans. Underwrite and approve or deny loan applications based on the company's guidelines, policies, and regulatory requirements. Communicate with loan officers, processors, and other stakeholders to obtain necessary documentation and resolve any issues. Ensure loan files are complete, accurate, and compliant before final approval or denial. Stay current with industry regulations, guidelines, and best practices regarding Non-QM loan products. Provide guidance and support to junior underwriters and other team members as needed. Maintain a high level of productivity and quality assurance while meeting deadlines. Requirements: Minimum of 3+ years of experience in underwriting Non-QM loans. Strong knowledge and experience with Bank Statement, DSCR, and Asset Depletion products. Deep understanding of underwriting guidelines, regulations, and compliance standards related to Non-QM loans. Proven ability to handle a high volume of loan files while maintaining accuracy and attention to detail. Excellent communication skills, both written and verbal. Ability to work independently and as part of a collaborative team. Strong organizational and problem-solving skills. Salary: 90-110kThank you for your interest! If your background aligns with our clients needs, one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters. Unfortunately due to high volumes of applicants, we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
    $51k-68k yearly est. 60d+ ago
  • Originator, Debt Finance (CRE & C&I Lending)

    Oaknorth

    Loan processor job in New York, NY

    Join OakNorth and help reshape the future of business lending in the US! At OakNorth, we're on the hunt for exceptional talent to join our growing US team and help scale our lending business across the country. Since our launch in 2015, we've lent more than $18 billion to ambitious entrepreneurs in the UK - and over $1.5 billion in the US since summer 2023. Our lending has helped create 36,000 new jobs and 58,000 new homes - and we're only just getting started. If you're ready to make an impact, challenge the status quo, and be part of a mission-driven team transforming commercial banking, we'd love to hear from you. At OakNorth, we're looking for an Originator to help grow our lending business across the United States, focussing on CRE and C&I lending. The originator will take end-to-end ownership, with a strong focus on credit discipline and building a customer experience that is unmatched in the market, marrying high quality 1:1 relationship with the power of OakNorth's platform. Like our customer base, we think and act like entrepreneurs - an ownership mindset is critical to success at OakNorth. For this new role helping build not only the US book of business, but the US team as well, this is especially true. As an Originator on the US team, you will leverage your extensive rolodex of customers and potential team members to help accelerate our journey, building upon the c. $2bn we have originated in the US so far focusing on Operational Real estate deals in the US including Healthcare, Hotels, Assisted Living ect What you will do * Be a key member of the existing launch team, bringing your extensive knowledge of US lending to bear while leveraging the power of OakNorth's proven model and world-class data and analytics * Build a book of business in the US through sourcing, structuring and executing transactions in-line with our lending ethos - high yielding with a conservative credit approach * Build on the asset classes in which OakNorth have lent on to date and providing knowledge and insight to new areas to lend * Own, manage and develop customer relationships, putting experience and delight at the forefront, and serving as a true partner vs. "just a banker" * Drive innovation in our product proposition to improve customer experience levels whilst maintaining asset quality whether this be in the direct origination or lender finance space * Set and meet aspirational team and individual targets including profit, credit quality, new customers, retention and customer satisfaction * Own the end-to-end deal process, including build a healthy pipeline and the reputation of OakNorth with customers, financial sponsors, developers, etc. * Work with borrowers from initial conversation through closing and in-life, guiding them through our lending process * Work together with our Credit Analytics team to prepare credit memos * Ensure transactions are documented in accordance with credit approved terms and sanctions * Continue to identify new opportunities for existing clients, and leveraging their networks to uncover new prospects * Collaborate with our team of world-class lenders, credit professionals, transaction lawyers, and others across the US, UK and India, while living OakNorth's values at all times What we are looking for: * In-depth understanding of the US market, with an extensive network in CRE and C&I lending - both customers and potential team members * The "entrepreneurial itch" and desire to get in on the ground floor of our US venture * Willingness to think differently as we redefine commercial lending in the US * Work closely with the existing US Debt Originations team to grow the business successfully * In-depth understanding of the US market, with an extensive network in Commercial Real Estate lending - both customers and potential team members * Proven success within Operational Real estate deals and being able to prove a continued excellence for new transactions * Strong credit, financial analysis and modelling skills, including the ability to read strong, structured credit papers and present these clearly at credit committee * Strong problem-solving ability, capacity to think creatively through different deal structures and aptitude to partner with our legal team on documenting these * Obsession with customers, with excellent communication and customer facing skills, and ability to build long-term lasting relationships $170,000 - $250,000 a year Benefits & Perks: 401k plan with Principal (ON match up to 4%) Medical Care (managed through Insperity) - employees can add their family to their plan if needed Dental & Vision bundle Insperity Health Savings Account Program - this is a tax-advantaged employee benefit which can help manage health care costs by allowing employees to set aside some of their current earnings on a pretax basis for reimbursement of qualified health care expenses during the plan year EAP 20 days Holiday We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
    $41k-60k yearly est. 54d ago
  • NB1345 - SBA Loan Specialist

    Northfield Bancorp, Inc. 4.0company rating

    Loan processor job in Rahway, NJ

    Northfield Bank is a full service bank with 38 branch locations throughout New Jersey; and Staten Island and Brooklyn, New York. With a history dating back to 1887, our growth continues through expansion of our presence in local communities and in our Product and Service offerings. Over 300 employees with diverse backgrounds and cultures have come together to make Northfield Bank what it is today. The Bank believes in providing all employees with the opportunity to reach their career potential and encourages advancement within the organization. For more information, please visit ******************* Job Title: SBA Loan Specialist Job Location: Rahway, NJ Job Status: Full-Time Job Summary Primarily will be responsible for supporting and coordinating all aspects of commercial and real estate loan closings and loan portfolio management. Daily responsibilities will include but not limited to supporting Relationship Managers, Portfolio Managers and Team Leaders for loans within the portfolio and new loan originations through loan inputs, payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline and files, etc. Responsibilities Include: * Process all new loan request (i.e. credit reports, flood searches, OFAC, Lexis-Nexis, tax searches, Relationship work ups, 4506T, UCC searches, municipal searches, collateral searches, other property searches and any additional reports related to loan requests) * Enter loans into origination system * Organizes, scans, and maintains all Loan files for Dept. throughout life of loan * Contacts applicants to request any required outstanding documentation * Orders all appraisals, environmental and engineer reports and monitors progress until completion * Tracks all fees and good faith deposits collected * Prepares documentation required to obtain commitment letters from Closing Dept., reviews commitments for accuracy, and monitors all stages until loan closes * Coordinates closings with the attorneys and prepares final Bank paperwork for loan origination * Verify that loan is input into Bank core processing system correctly * Maintains all construction files and monitors builders risk insurance, permits and title continuations * Orders all site inspections * Prepare and submit invoices for processing * Prepares all documentation for construction advances and line of credit advances and paydowns * Assists Portfolio Manager with all Department Internal Reports including but not limited to past due reports, monthly loan trial balance, new loans closed, pay offs and deposit reports * Follow-up with borrowers on post-closing loan undertakings and escrows * Handles and services customers with any telephone inquiries regarding new and existing accounts (ACH payments, wire transfers, deposit and loan balances, releases, payoff letters, tax issues, insurance, etc.) * Adheres to Bank policies and procedures * Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. (Senior) SBA Loan Specialist Job Summary: Primarily will be responsible for supporting and coordinating all aspects of SBA loan servicing. Daily responsibilities will include but not limited to the oversight and review of SBA loans, input or callback of loan servicing activities such as payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline, reviewing and obtaining expired insurance, preparing files that have been paid in full, etc. Responsibilities Include: * Process Loan payoffs and complete tasks on related checklists including but not limited to collateral release, member communication, and servicing * Review various loan reports and related documentation on a daily, weekly, and monthly basis to ensure accuracy of information recorded in the core lending system. * Responsible for accurate report retention * Prepare loan documentation for audits, regulatory and other loan reviews * Review, scan, and upload files at closing * Maintain E-Tran procedures, perform service requests, and obtain authorizations * Prepare files that have been paid in full * Adheres to Bank policies and procedures * Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. Core Competencies: * Productivity - Generates high levels of output. Consistently meets workload demands. Consistently meets deadlines. Efficient at multi-tasking and demonstrates organization skills. Strives for results and efficiency. * Analytical Skills - Ability to take large volumes of data and then analyze trends and produce a result. Ability to breakdown complex problems into simpler, more manageable components. Ability to gather all information necessary to solve a problem, recognize underlying issues based on data and trends, and organize all relevant information to provide insight and ideas on how to draw appropriate conclusions that will help the solve problem. * Accuracy - Ensures that work is complete and without error. Verifies information. * Interpersonal Skills - Demonstrates behavior in alignment with our Code of Conduct. Possesses a positive attitude and enthusiasm towards customer interactions, job duties and work performance. Is approachable, warm, friendly and open-minded. Is capable of adjusting communication style to effectively interact with both internal and external client. Preferred: Professionalism - Sets a good example in every aspect of work performance including behavior, appearance and communications. Interacts with colleagues and customers in a courteous and respectful manner. Possesses high ethical standards and maintains confidentiality when needed. Exhibits a positive professional impression through appropriate business attire in compliance with the company dress code. Demonstrates ability to withstand pressure and to remain calm in crisis situations. Job Requirements: * 3-5 years experience in SBA lending or related fields * Excellent written and oral communications skills * Ability to manage priorities and workflow * Versatility, flexibility, and a willingness to work within constantly changing priorities * Proficiency in Microsoft Office Suite * Strong interpersonal skills * Good judgement with the ability to make timely and sound decisions * Ability to effectively present information and respond to questions Northfield Bank is an Equal Employment Opportunity Employer M/F/Disability/Protected Veteran
    $39k-66k yearly est. 60d+ ago
  • Commercial Loan Specialist - Edison

    Unity Bank 4.3company rating

    Loan processor job in Edison, NJ

    The Commercial Loan Specialist is a key support function to the commercial lending team. She/he assists with various commercial loan servicing activities, including but not limited to on-boarding of new and existing customer information, direct follow up with customers for required information, assist lending team with meeting reporting deadlines, database management, site visits and preliminary underwriting and customer interaction and correspondence. Essential Functions Address overdrawn accounts situations Order credit reports on borrowers from Experian as needed. Perform site visits of customers place of business Assist team with prep of credit memos with the loan officers for various purposes, including renewals, commitment extensions and loan revisions. Process servicing requests for existing loan customers, such as statement requests and copies of other documents. Monitor and report on assigned loan portfolio activity to bank management as requested. Follow up with borrowers to obtain financial information or documentation Follow up with borrowers to obtain open items to facilitate the loan closing process. Obtain environmental report bids and engage vendors Coordinate with borrowers and branch staff to open required deposit accounts before closing. Communicate with people outside the organization on a regular basis including borrowers, brokers, and accountants. Analyze personal credit data and personal financial statements to assist in the completion of Letters of Interest and commercial credit underwriting Assist with commercial loan/payment collections Begin the Loan Proposal write up and input as much information as possible, including existing deposit and loan balances, property info, code page info, etc. Attend loan closing if the loan officer is unavailable, depending on level of experience Upload all documents and correspondence to Abrigo (financials, LPs, memos) Move loans to closing once signed commitment letter and fees are received Assist Portfolio Management with obtaining required financials and related information to complete Annual Reviews Job Requirements and Qualifications Job requires strict attention to detail and thoroughness in the completion of job duties. Job requires analysis of financial information with oversight by a manager Education and Experience Associates Degree preferred or related field or equivalent experience Three years + working at a Commercial Bank or Credit Union Knowledge of SBA lending programs preferred, but not required Licenses and Certifications N/A Knowledge, Skills, and Abilities Ability to work independently with limited supervision Ability to work in a structured environment with established procedures Professional behavior mandatory at all times Customer service oriented Good organizational skills and ability to multi-task Ability to effectively communicate with other bank departments Excellent reading comprehension Knowledge of administrative and clerical procedures and systems such as word processing, managing data, files, and records, designing forms, and other office procedures. Excellent computer skills in a Microsoft Windows environment including proficiency in Word Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to speak and write clearly to effectively convey information so that others understand and as appropriate for the needs of the audience. Ability to apply common sense understanding to carry out written and oral instructions. Physical Requirements Ability to sit for long periods of time up to 75% of work hours. Ability to use hands to grasp, handle or feel. Ability use computer keyboard and system to enter data and process information. Ability to talk, hear, and see. Ability to use telephone to communicate with customers and employees. Ability to drive for site visits of customers Use office equipment such as teller scanner, personal computer, telephone, mobile device, copier, fax machine, adding machine, etc. Working Conditions Moderate sound as in business office with office machines, computers, and people traffic. Open floor work environment. Compliance It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability. This is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment. This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or s at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload. Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States. Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job , unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.
    $32k-38k yearly est. 20d ago
  • Loan Closing Specialist

    Integrated Resources 4.5company rating

    Loan processor job in Newark, NJ

    Integrated Resources, Inc., is led by a seasoned team with combined decades in the industry. We deliver strategic workforce solutions that help you manage your talent and business more efficiently and effectively. Since launching in 1996, IRI has attracted, assembled and retained key employees who are experts in their fields. This has helped us expand into new sectors and steadily grow. Job Description This is a loan closing position responsible for coordinating document flow and loan closings for a growing portfolio of secured solar loans with a stable Fortune 500 utility company located in New Jersey. The successful candidate must be familiar with closing residential and commercial loans and must work well in a fast-paced environment. Key Duties · Communicate with loan customers as to closing procedures and answer customer generated questions and interact regularly with state agencies, legal department, and solar contractors. · Coordinate document flow and gather due diligence from closing attorney, borrowers and solar contractors · Review documentation received, solar technical data and site inspection reports for accuracy · Schedule loan closings with borrower · Calculate final loan amount based upon solar technical data and loan commitment amount. · Prepare funding information sheets detailing wiring information and disbursal of loan proceeds · Coordinate with Accounts Payable to process loan disbursals · Organize closing documentation, files and records Essential Qualifications: · Bachelor's degree or equivalent experience. · Minimum of 3 years of loan processing and/or loan closing experience · Knowledge of, or ability to learn quickly, the technical aspect of solar system production · Experience with records and file management · Strong computer skills; in-depth knowledge of MS Office (Word, Excel) and SharePoint Desired: · Basic knowledge of NJ SREC market · Previous experience working in the solar industry with familiarity with technical aspects of solar system generation Manager Must have · Documentation reading · Loan closing residential/commercial · SharePoint, power point, Excel preferred · Solar or utility exp preferred Qualifications Essential Qualifications: · Bachelor's degree or equivalent experience. · Minimum of 3 years of loan processing and/or loan closing experience · Solar or utility exp preferred Additional Information Kind Regards, Pramod Kumar Technical Recruiter Integrated Resources, Inc. DIRECT # - 732-844-8730
    $27k-41k yearly est. 60d+ ago
  • Loan Processor

    Crosscountry Mortgage 4.1company rating

    Loan processor job in New York, NY

    CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program. Position Overview: The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations. Job Responsibilities: * Perform a thorough review and analysis of borrower's credit, employment, income, and assets as required by the loan program before submitting to underwriting. * Assemble the complete loan package in proper order for underwriting. * Verify all required documentation (pre-underwrite) in the file. * Complete the required loan checklist. * Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting. * Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan. * Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures. * Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information. * Verify that vendor orders are complete, invoices are received and in the applicant's E-file. * Manage pipeline by completing and submitting reports within allotted turn-around times. * Assist set-up of loans. * Document all communication related to the loan application in the conversation log. * Train and assist supervision of new Loan Processors and other processing personnel. * Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors. * Available to work varying hours and overtime if needed. Qualifications and Skills: * High School Diploma or equivalent. * Minimum of 5 years' residential mortgage processing experience. * Experience with Encompass. * Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred. * Knowledge of DU, LP, Microsoft Office, and Windows. * Excellent math and analytical skills. * Excellent communication skills. * Excellent prioritization and time management skills. This is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. Pay Range: * Hourly Rate: 26.44 - 28.84 * Bonus Eligible if applicable The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position #LI-CCMREC CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: ********************************** California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants. CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law ("Protected Characteristics"). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit ***************************
    $42k-52k yearly est. 38d ago
  • Sr. Mortgage Loan Processor

    Madison Mortgage Services 4.6company rating

    Loan processor job in New Hyde Park, NY

    Our mortgage team is growing, and we're seeking an experienced senior loan processor to join our group of lending professionals. The ideal candidate will have several years of experience as a loan processor, excellent time management and customer service skills, and exceptional attention to detail. If you're looking for an excellent opportunity with plenty of room for growth, apply today! This position is based in Lake Success and is not a remote position. The schedule is Monday-Friday from 9 am to 6 pm. Minimum 3-5 years of proven success as a Loan Processor at a mortgage broker, mortgage lender, bank, or credit union working in a high-volume pipeline.
    $41k-55k yearly est. 60d+ ago
  • In-Office Mortgage Processor

    National Mortgage Staffing 3.9company rating

    Loan processor job in Piscataway, NJ

    About the Company: Our client, a well-established mortgage company in Piscataway, NJ, is seeking an experienced Mortgage Loan Processor to join their team. They specialize in providing a wide range of loan products, including Conventional, FHA, and VA loans, and are dedicated to delivering a seamless loan experience for their customers. Job Overview: The Mortgage Loan Processor will be responsible for reviewing and processing mortgage loan applications, ensuring all documentation is complete and compliant with lending guidelines. This individual will work closely with loan officers, underwriters, and borrowers to facilitate timely and efficient loan closings. Key Responsibilities: Review and process loan applications for Conventional, FHA, and VA loans while ensuring compliance with lending guidelines and regulations. Gather, verify, and organize all required borrower documentation, including income, assets, credit, and title documents. Order and review third-party reports such as appraisals, credit reports, and title work. Communicate with loan officers, underwriters, and closing departments to resolve any conditions or outstanding issues. Maintain accurate and up-to-date loan files, ensuring all information is properly documented in the loan origination system. Monitor loan pipelines and ensure all files are progressing within established timelines. Stay current with industry regulations, lender guidelines, and compliance requirements. Provide excellent customer service by keeping borrowers and referral partners informed throughout the loan process. Qualifications & Requirements: 2+ years of experience in mortgage processing, preferably with Conventional, FHA, and VA loans. Strong knowledge of mortgage guidelines, underwriting requirements, and loan documentation. Experience working with loan origination systems (LOS) and mortgage software. Detail-oriented with excellent organizational and time-management skills. Strong communication skills and the ability to work in a fast-paced, deadline-driven environment. Ability to multi-task and manage multiple loan files simultaneously. Understanding of TRID, RESPA, and other mortgage compliance regulations. Salary: 50-60k DOE Thank you for your interest! If your background aligns with our clients needs, one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters. Unfortunately due to high volumes of applicants, we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
    $36k-46k yearly est. 60d+ ago
  • Loan Servicing Representative IV (Consumer)

    Provident Bank 4.7company rating

    Loan processor job in Ridgefield, NJ

    How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees' experience. POSITION OVERVIEW: Under close supervision, this position is responsible for performing high-level maintenance and departmental audit functions on commercial loans, commercial real estate loans, construction loans, ready reserve and small business loans. This position is considered at the lead level. Incumbent performs complex routine and non-routine duties of the job. Incumbent is expected to show initiative by training less experienced staff members or take on more challenging and/or complex assignments. Typically, the incumbent is in charge of the particular specialty area. KEY RESPONSIBILITIES: Assists with managing various commercial loan servicing activities, including but not limited to application of funds, payment of real estate taxes and customer inquiries. Ensures that areas of responsibility meet required deadlines for both internal and external customers. Evaluates and resolves high priority or complex issues through communication and negotiation with customers. Is responsible for setting up all borrower and financial information for entire portfolio of new loan closings on the appropriate Horizon and ACBS systems. Reads and interprets loan documents and approvals for verification of system accuracy. Tracks all future interest rate adjustments and verifies accuracy of system-generated letters for compliance with loan documents. Alerts management of any upcoming changes where may need special attention. Processes all loan modifications, including extensions of maturity, interest rate adjustments, borrower transfers, etc on entire portfolio. Inputs and verifies that all modified data has been approved by Credit Committee and/or designated loan officer. Administers real estate tax escrow disbursement report for prevention of negative escrow transactions for all loans. Directly contacts local municipalities as needed for clarification of amounts due and resolving any discrepancies regarding borrower real estate tax payments made by The Provident Bank. Responds to all borrower inquiries for reconciliation of escrow transactions. Re-analyzes escrow accounts where deficiencies are noted. Handles entire monthly billing process, which includes assuring that all commercial account bills are generated and mailed to customers. Adheres to finest quality control standards. Contacts borrowers on returned mail items for address verification. Processes all monetary transactions including, monthly payments, fees, payoffs, construction and commercial line/loan advances and pay-downs and performs any corrections and adjustments as warranted. Trains new staff on Bank's policies and procedures needed to perform their respective job function. Perform other duties as assigned by management. MINIMUM QUALIFICATIONS: High school diploma or GED 7 or more years of related experience Interpretation of all loan documentation. Ability to exchange information clearly and concisely and to present ideas and report facts. Working knowledge of Horizon System, ACBS System, PC skills. Ability to create Excel Spread Sheet and utilize formulas for creating bills and various reports. Take ownership of workflow and resolve problems with minimal to no supervision. Ability to multi-tasking is imperative. Excellent communication and organizational skills. Strong mathematical background required. WORKING CONDITIONS Work is typically performed in an office environment. Noise levels are usually moderate. Prolonged sitting Lifting from 5 to 10 lbs. (printer paper, storage boxes) Occasional bending or overhead lifting (storing files or boxes) The hazards are mainly those present in a normal office setting. HAZARDS Mainly those present in a normal office setting. This may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management. Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here. We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law. Pay Details: $25.33 - $31.69 hourly Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. This role is incentive eligible based upon company, business, and/or individual goal achievement and performance. Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
    $25.3-31.7 hourly 14d ago

Learn more about loan processor jobs

How much does a loan processor earn in Middletown, NJ?

The average loan processor in Middletown, NJ earns between $31,000 and $63,000 annually. This compares to the national average loan processor range of $28,000 to $50,000.

Average loan processor salary in Middletown, NJ

$45,000
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