Loan Processor
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.
Loan Servicer II - C & I, AT
Loan processor job in New York, NY
New York, NY (Hybrid) Salary Range: $75,000 - $95,000 The Loan Servicer II, Commercial & Industrial (C&I), is responsible for efficiently managing loan servicing tasks within Apple Bank's C&I portfolio. Key duties include booking new loans in the Bank's loan servicing system, processing payments in accordance with loan documentation, and diligently monitoring critical loan data to ensure accuracy and completeness. Additionally, this role provides necessary information to regulators, auditors (internal & external), and senior management, while upholding strict adherence to all internal loan servicing policies and procedures by the team.
ESSENTIAL DUTIES & RESPONSIBILITIES
Manage daily processing activities for the C & I loan portfolio, ensuring all deadlines are consistently met with efficiency.
Audit new loans to verify data entry in the McCracken loan servicing system aligns with official documentation.
Review rate change reports to confirm receipt of interest rate resets from loan agents.
Monitor loan commitments to ensure the database accurately reflects current borrowings and available funds.
Examine system interest adjustments to validate accuracy of loan-level interest receivables.
Observe key general ledger clearing accounts daily.
Prepare management reports, including commitments, loan activity, delinquency, and yield metrics for the receivable portfolio.
Track delinquencies each day and promptly report overdue loans to management.
Provide requested information to internal and external regulators and auditors.
Develop and revise procedures for new and existing tasks as necessary.
Test upgrades to the McCracken system and run diagnostic reports to identify potential data anomalies.
Communicate with loan agents to collect interest rate, payment, and delinquency details.
Perform additional duties as assigned.
SKILLS, EDUCATION, & EXPERIENCE
Bachelor's degree is required.
4 + years of experience servicing Commercial & Industrial (C&I) loans.
Demonstrated expertise in a range of commercial and industrial loan products, such as sovereign guaranteed loans, revolving credit facilities, pre-export financing (PDP) facilities, term loans, loan participations, and receivables financing.
Experience with McCracken and IBS loan servicing systems is advantageous.
Advanced analytical capabilities are essential.
Exceptional verbal and written communication skills, as well as strong interpersonal abilities.
Proven expertise in Microsoft Excel and MS Office Suite Products.
Must demonstrate initiative in following up with clients regarding complaints, inquiries, or requests.
Meticulous attention to detail coupled with robust organizational skills.
Visa sponsorship not available.
We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.
Auto-ApplyAssociate, Loan Closing Specialist
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.
Junior Loan Processor
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
Auto-ApplyAnalyst - Non-QM Loan Processor (Brick City Capital Divison)
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.
Loan Processor
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 ***************************
Auto-ApplyLoan Processor II
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 direct supervision, this position performs all daily functions associated with processing a consumer/residential loan application. Should be able to perform many of the duties listed below since it is at the intermediate level of loan coordinator.
KEY RESPONSIBILITIES:
Performs automated processing functions and obtains credit information for new loan applications including the preparation of all necessary disclosures in compliance with regulatory guidelines and timeframes.
Review loan applications for accuracy, completeness and conformity to loan programs
Make corrections if necessary
Verify rate/add points, fees, etc.
Review credit report/complete red flag checklist
Manage E-Consent, Loan Prospector (LPA),
Disclose Loan Estimate and Intent to Proceed
Order Appraisal/AVM
Process Credit Card
Send out requests for VOEs, Tax Transcripts
Order Fraud reports
Electronically manage all incoming loan documentation, telephone inquiries, problem solving
Interact as needed with branch/bank staff questions and perform various tasks/projects as requested by management.
Prepare/send out document check list (“needs” letter) to borrowers
Calculate income and complete income worksheets
Review assets needed for down payment and closing costs
Review/analyze income and assets
Request/review contract for sale of subject property (purchases only)
Update information in LOS based on documentation provided by the borrowers
Assign loan to underwriter for final review/decision
Consumer Loans: read and analyze AVMs
Assists in daily department routine including telephone inquiry and problem solving with customers, relationship managers and branches with questions or concerns. Performs various tasks, projects as requested.
Performs automated processing functions and obtains credit information for loan pre-qualifications and applications including the preparation of all necessary disclosures in compliance with regulatory guidelines and timeframes
Orders credit reports, Verifications of Employment (VOEs), tax transcripts and appraisals
Processes credit application fee payments.
Tracks and organizes all loan documentation in a timely manner. Inputs application data into system and establishes files. Prepares correspondence relative to completion of file including requests for further documentation and communicates this information with the borrower(s) and mortgage representatives.
Performs other duties as needed.
MINIMUM QUALIFICATIONS:
High school diploma or GED
2-5 years of related experience
General knowledge of regulatory requirements for residential/consumer loan originations
Computer Literacy: Windows/Excel/Loan Origination Systems
Knowledge of residential loan processes and qualifications for credit worthiness.
Ability to organize work and complete tasks on time.
Ability to deal with customers and mortgage representatives in a courteous and efficient manner.
Good interpersonal, oral and written communication skills.
Must be sensitive to regulatory timeframes
Computer literacy: Ability to use PC; Windows, Excel, Loan Prospector and loan origination system (such as Encompass) software programs on a daily basis.
Licensing Requirement (SAFE Act)
This position requires registration with the Nationwide Multistate Licensing System and Registry (NMLS) in compliance with the SAFE Act. Candidates must be eligible to register and maintain active status upon hire.
WORKING CONDITIONS
Work is mainly performed in a normal office environment. Noise levels usually are 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:
$19.38 - $24.26 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.
Mortgage Loan Processor
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
Mortgage Closer
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
************
Mortgage Loan Officer (Brooklyn Branch)
Loan processor job in New York, NY
Summary/Objective: The Mortgage Loan Officer provides a full range of banking services to customers with an emphasis on retail banking products - Mortgage Loan. Under Branch Manager's direction, focuses on providing service in the areas of sales and service. Actively cross-sells additional business products such as loans and cash management products through referrals. Develops and maintains relationships with ICBC customers to maximize customer satisfaction and sales opportunities.
Essential Functions:
Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Follow through with borrowers, loan processors, and underwriting through all phases of the underwriting process.
Manage good relationships with existing customers, including cross-selling of additional bank products.
Responsible for the following to ensure all banking services provided to clients exceed their expectations
Collect and analyze borrower and property financial information including tax return, rent roll, etc. to determine the property's debt-carrying ability and the borrower's capacity to repay.
Full knowledge of residential mortgage
Assist in new account opening and support branch operations
Competencies:
In order to perform the job successfully, an individual should demonstrate the following competencies:
1. Manage difficult customer situations; respond promptly to customer requests.
2. Maintain confidentiality.
3. Possess basic math and accounting skills.
4. Follow instructions and pre-established guidelines.
5. Ability to apply common sense understanding when dealing with problems.
6. Bilingual-English and Mandarin is must, Cantonese is preferred
7.Customer orientation, may need to follow up customer call besides of bank office hour
8.Detailed orientation and well-organized skill
9.NMLS is must and previous mortgage loan experience is strongly preferred
10.Need to understand the local and China financial system
11. Have Real estate agent/ broker network is highly preferred
Loan Processor II
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 direct supervision, this position performs all daily functions associated with processing a consumer/residential loan application. Should be able to perform many of the duties listed below since it is at the intermediate level of loan coordinator.
KEY RESPONSIBILITIES:
* Performs automated processing functions and obtains credit information for new loan applications including the preparation of all necessary disclosures in compliance with regulatory guidelines and timeframes.
* Review loan applications for accuracy, completeness and conformity to loan programs
* Make corrections if necessary
* Verify rate/add points, fees, etc.
* Review credit report/complete red flag checklist
* Manage E-Consent, Loan Prospector (LPA),
* Disclose Loan Estimate and Intent to Proceed
* Order Appraisal/AVM
* Process Credit Card
* Send out requests for VOEs, Tax Transcripts
* Order Fraud reports
* Electronically manage all incoming loan documentation, telephone inquiries, problem solving
* Interact as needed with branch/bank staff questions and perform various tasks/projects as requested by management.
* Prepare/send out document check list ("needs" letter) to borrowers
* Calculate income and complete income worksheets
* Review assets needed for down payment and closing costs
* Review/analyze income and assets
* Request/review contract for sale of subject property (purchases only)
* Update information in LOS based on documentation provided by the borrowers
* Assign loan to underwriter for final review/decision
* Consumer Loans: read and analyze AVMs
* Assists in daily department routine including telephone inquiry and problem solving with customers, relationship managers and branches with questions or concerns. Performs various tasks, projects as requested.
* Performs automated processing functions and obtains credit information for loan pre-qualifications and applications including the preparation of all necessary disclosures in compliance with regulatory guidelines and timeframes
* Orders credit reports, Verifications of Employment (VOEs), tax transcripts and appraisals
* Processes credit application fee payments.
* Tracks and organizes all loan documentation in a timely manner. Inputs application data into system and establishes files. Prepares correspondence relative to completion of file including requests for further documentation and communicates this information with the borrower(s) and mortgage representatives.
* Performs other duties as needed.
MINIMUM QUALIFICATIONS:
* High school diploma or GED
* 2-5 years of related experience
* General knowledge of regulatory requirements for residential/consumer loan originations
* Computer Literacy: Windows/Excel/Loan Origination Systems
* Knowledge of residential loan processes and qualifications for credit worthiness.
* Ability to organize work and complete tasks on time.
* Ability to deal with customers and mortgage representatives in a courteous and efficient manner.
* Good interpersonal, oral and written communication skills.
* Must be sensitive to regulatory timeframes
* Computer literacy: Ability to use PC; Windows, Excel, Loan Prospector and loan origination system (such as Encompass) software programs on a daily basis.
Licensing Requirement (SAFE Act)
* This position requires registration with the Nationwide Multistate Licensing System and Registry (NMLS) in compliance with the SAFE Act. Candidates must be eligible to register and maintain active status upon hire.
WORKING CONDITIONS
Work is mainly performed in a normal office environment. Noise levels usually are 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:
$19.38 - $24.26 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.
NB1345 - SBA Loan Specialist
Loan processor job in Rahway, NJ
Job DescriptionNorthfield 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**
Student Loan Coordinator
Loan processor job in New York, NY
Apply/Register Job no: 498435 Work type: Staff Full-time Department: Office of Student Finance The Student Loan Coordinator assists the Director of Student Aid Operations and other Office of Student Aid senior leadership in all aspects of student loan processing, especially private education loans. This role ensures compliance with institutional policies and external regulations, provides guidance to students and families, and collaborates with lenders and internal departments to facilitate timely and accurate loan disbursements.
This position will work primarily at the Wilf and Beren campuses, and other campuses as needed. It has the potential for remote work, particularly during periods when students are not on campus.
Position Responsibilities:
* Serve as a point of contact for private loan inquiries and processing.
* Counsel students and families on private loan options, eligibility, application procedures, and repayment strategies.
* Coordinate with private lenders to certify loans, resolve issues, and ensure the timely disbursement of funds.
* Maintain accurate and up-to-date records in the student information system and loan processing platforms.
* Monitor compliance with federal, state, and institutional regulations related to private loans.
* Conduct financial literacy workshops and one-on-one sessions to educate students on responsible borrowing where required.
* Collaborate with the billing office, registrar, and other departments to resolve loan-related issues.
* Analyze loan data and prepare reports for internal and external stakeholders.
* Stay current with changes in private loan products, lender policies, and industry best practices.
Experience & Educational Background:
* Bachelor's degree in Finance, Business Administration, Higher Education, or related field (or equivalent experience).
* 2+ years of experience in student financial services, with a strong emphasis on private loan processing.
Skills & Competencies:
* Familiarity with federal and private loan certification platforms is a plus (e.g., ELMOne, ScholarNet) and student information systems (e.g., Banner, PeopleSoft).
* Strong understanding of federal and private loan regulations, lender requirements, and financial aid practices.
* Excellent communication, organizational, and problem-solving skills.
* Ability to work independently and collaboratively in a fast-paced environment.
Salary Range:
$65,000 - $70,000
About Us:
Yeshiva University is dedicated to academic excellence, intellectual exploration, and the advancement of timeless values that shape and impact lives. With a rich tradition rooted in Jewish thought and heritage, YU fosters a dynamic learning environment across its undergraduate, graduate, and professional schools. Our mission is to cultivate the next generation of leaders who will contribute meaningfully to society, guided by a commitment to ethics, innovation, and service. Our community extends far beyond the classroom, encompassing thousands of students, faculty, staff, and more than 70,000 alumni and supporters worldwide, all working together to build a brighter future.
As a Yeshiva University employee, you will be part of a welcoming, diverse, and intellectually engaging community that values collaboration, excellence, and professional growth. We offer a supportive and stimulating workplace with tangible employee benefits, opportunities for advancement, and a strong sense of purpose. Beyond professional development, YU is committed to ensuring a high quality of life for its employees, offering a work environment that prioritizes well-being, work-life balance, and a culture of mutual respect. Every role at YU contributes to our broader mission of education, research, and societal impact, ensuring that all members of our community-students, faculty, staff, alumni, and friends-are inspired to make a difference. We invite you to bring your talent and passion to YU and join us in shaping the future.
Equal Employment Opportunity:
Yeshiva University is an equal opportunity employer committed to providing employment opportunities to all employees and candidates without regard to race, color, age, sex, national origin, disability status, or any other characteristic protected by federal, state, or local laws.
Residential and Consumer Loan Underwriter
Loan processor job in Fairfield, NJ
The Consumer and Residential Loan Underwriter is responsible for gathering and analyzing credit information on current and potential borrowers, determines the advisability of granting credit for diversified types of loans and assists loan officers in writing loan requests.
Key Responsibilities
Evaluates mortgage and consumer loan packages and provides loan approval with conditions to close or underwrite.
Conducts comprehensive risk assessments, analyzing debt-to-income and loan-to-value ratios, credit scores, and property valuations.
Performs in-depth analysis of credit reports, appraisals, and supporting documentation to qualify and classify loans according to company and regulatory guidelines.
Identifies potential risk issues and fraudulent activity throughout the application process.
Ensures all conditions are met and completed before final sign-off on mortgage documents.
Maintains knowledge of lending requirements, internal policies and procedures, and compliance and regulatory requirements.
Analyze collateral as a secondary repayment source to assess the secured position of the Bank.
Education and Experience
College degree preferred; related work experience required
Basic computer skills and knowledge
Excellent interpersonal skills: including use of professional and clear verbal communication and writing skills.
Advanced planning, organizing, coordinating, and implementation skills.
Physical Requirements & Working Conditions
Professional work environment with moderate noise.
Ability to sit and stand to extended lengths of time
EOE m/f/d/v
Residential Mortgage Processor
Loan processor job in Clinton, NJ
Responsible for efficient processing of residential mortgage loan applications. Essential Functions Disclose new mortgage applications in a timely, accurate and compliant manner * Manage a pipeline of conventional, government and/or portfolio loans. The Bank's general expectation is to keep individual pipelines to a maximum of 45 per processor.
* Evaluate all new loan documentation to ensure a timely and efficient submission into underwriting
* Maintain high level of customer service with proactive communication between borrowers, Sales and Operations management
* Collect and review all loan conditions prior to re-submission to underwriting for final approval
* Ensure accurate, complete and timely loan data being entered into loan processing system
* Assist, on a "as needed" basis, in the follow-up for post-closing documentation
* Assist in implementation of new products and programs when necessary
* Assist in specials projects when necessary
* Support branch network regarding mortgage loans status, policy, procedures and products
* Liaison between realtors, title companies, attorneys and investors
* Maintain current knowledge of all industry and bank policies and procedures
Education and Experience
* High school graduate or equivalent
* College Degree preferred
* 5 years residential mortgage processing experience required
* Strong analytical and problem-solving skills
* Sound judgment and strong decision-making ability
* Self-motivated with ability to work independently
* Must possess excellent interpersonal and written communication skills
* Ability to multi-task and to prioritize responsibilities
* Ability to work under pressure and tight deadlines
* Highly reliable and detail oriented
* Excellent computer skills in a Microsoft Windows environment including proficiency in Word, Excel and Outlook are required. Familiarity with systems such as Encompass and Desktop Underwriter is a plus
Skills/Knowledge/Abilities Required
* Knowledgeable of all TRID guidelines
* Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume. Ability to apply concepts of basic algebra
* Ability to read, analyze, and interpret legal documents, governmental regulations, and professional publications; ability to effectively present information and respond to inquiries from senior management, attorneys, vendors, government agents, and the general public; ability to write reports and business correspondence
* Ability to apply common sense understanding to carry out written and oral instructions. Ability to deal with problems involving several concrete variables in standardized situations
* Ability to work independently with little supervision
* Ability to provide indirect supervision to subordinate staff members
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
Loan Officer
Loan processor job in Woodbridge, NJ
Do you have strong relationship building skills? Have you built your business largely on referrals? Are you an entrepreneur at heart? If so, then we have an exciting opportunity for you. Become your own boss at Caliver Beach Mortgage!! Description: · Run your business remotely on a P&L basis under the umbrella of Caliver Beach Mortgage!
· Uncapped commissions!
· Loan products for all borrower types!
· Add additional LO's to your team OR act as an individual LO!
· Licensed in 28 states and growing!
· Administrative, operational and compliance support provided by Corporate!
Successful Candidate Attributes:
· Proven track record developing referral partner relationships with Realtors, CPA's, Financial Planners, etc.
· Maintains a database of past clients for marketing purposes.
· History of closing at least 3-5 units per month.
Loan Officer Requirements:
· An active NMLS/MLO license (required).
· Strong knowledge of lending regulations and industry best practices.
· Exceptional interpersonal and communication skills.
· Analytical mindset with the ability to assess complex financial information.
· Sales-oriented mindset with a commitment to achieving targets.
· Detail-oriented and organized.
· Proficient in relevant software and tools.
Caliver Beach Mortgage, LLC is an equal opportunity employer. We are committed to diversity and inclusion in our workplace.
In-Office Non-QM Loan Underwriter
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.
Loan Officer III
Loan processor job in Fort Lee, NJ
* Keep abreast of industry changes, local economic, financial and legislative events which may have an impact on commercial lending activities. * Analyze cash flow, liquidity, profitability, leverage and other financial ratios and be able to come to various conclusions, including evaluation of collateral and other relevant credit information.
* Prepare loan presentations that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of borrower's surrounding credits.
* Recommend or deny loan requests in conformance with banking regulations and Bank's loan policies and procedures.
* Gather documents to perfect the security interest in collateral, if applicable.
* Detect early warning signs of problem loans and immediate notification to a supervisor, Chief Credit Administrator, Loan Review, or Loan Servicing.
* Monitor loan covenants and conditions per loan agreement and report any violation to manager.
* Assist in loan closing and funding including obtaining signatures on loan documents according to the Bank's procedures.
* Analyze collateral values and insurance coverage.
* Collect loan accounts and overdraft information.
* Submit reports of calls made and document customer contact.
* Meet customers regularly and seek opportunities to grow relationship.
* Conduct site visits and on-site interviews under the supervision of a portfolio manager.
* Comply with regulatory requirements including but not limited to: Reg B, HMDA, Bank Secrecy Act, OFAC, and USA Patriot Act, CRA, Privacy, and Security.
* Comply with the Bank's security program, including but not limited to:
* Review and comply with the End-User Computing Agreement.
* Acquire good knowledge on functions and usage of computer systems as related to the assigned job functions.
* Be current and knowledgeable in industry's trend in safeguarding the Bank against confidential data leak, identity theft, fraudulent activities, and computer security threats.
* Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.
* Mentor junior lending staff.
* Occasional local travel is required, as may participate in client meetings with Relationship Managers.
* Participate in community organizations and/or events to help the Bank meet its CRA Objectives.
* All other reasonable duties as assigned.
Job Qualifications/Requirements
* Required: 5+ years of commercial lending experience.
* Required: Excellent written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
* Required: Ability to respond effectively to customer complaints or other sensitive inquiries.
* Required: Ability to make effective presentations.
* Required: Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
* Required: Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
* Required: Strong Analytical/Math skills.
* Required: Effectively manage multiple deadlines and projects.
* Required: Knowledge of bank regulations affecting customer accounts.
* Required: Knowledge of lending operations, Note or International Dept policies and procedures.
The salary range for this full-time position is $85,000.00 annually - $95,000.00 annually + bonus + benefits
Salary ranges are determined based on qualifications, level, and location.
Exact compensation may vary based on your skills and experience.
Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.
Loan Officer/Originator
Loan processor job in Fairfield, NJ
Job Responsibilities Loan Officer/Originator with a primary focus of originating residential mortgages for both homebuyer and refinance clients. This includes prospecting new clientele, gathering accurate and useful information to establish complete applications, and analyzing income/assets/credit/etc. to accurately propose a mortgage solution that meets their needs. Forward Mortgage, LLC is a New Jersey based mortgage broker that is revolutionizing the mortgage experience for our clients. Decades of high-level mortgage experience, combined with cutting-edge technology and a laser-focus on digital and traditional marketing, has birthed a loan process that promotes, not only establishing highly satisfied clients and repeat-business but high levels of success for our employees. Our primary focus is investing in our employees and helping develop their existing mortgage experience to allow them to fit seamlessly into our process and ideology. We understand that we are only as strong as our team. For our employees, this means hands-on training with our veteran staff, concise and common-sense support from our experienced processing department, as well as a competitive marketing budget that allows our loan officers to have constant contact with new potential clients.
Skills Required
Active & Approved NMLS License, valid in State of New Jersey Self-driven individuals with a sense of urgency and a desire to succeed Strong communication skills; whether phone, e-mail, personal, etc. The ability to sell is crucial. Excellent attention to detail with a focus on urgency while still prioritizing the client's best interest and overall satisfaction Represent Forward Mortgage with integrity and respect, perpetuating the established high-quality brand and mortgage experience offered to all clients and business partners Highly Desired: Relevant experience in the mortgage industry Proven history of success in sales-related positions Proficient in Mortgage Loan Origination Software, i.e. Calyx Point
Loan Review Officer
Loan processor job in New York, NY
Poste et missions About Us: Natixis is a global leader in financial services, dedicated to delivering innovative solutions across Global Markets, Investment Banking, and Portfolio Management. We are seeking a seasoned Vice President-level Senior Loan Review Analyst to join our independent Loan Review function, where you will play a pivotal role in assessing and managing credit risk across various sectors.
Position Overview: This position offers a unique opportunity to deepen your understanding of risk across multiple lending sectors and transaction structures while contributing to the continuous evolution of our loan review framework. As part of our Loan Review team, you will conduct comprehensive assessments of Natixis' credit risk, ensuring adherence to policies, regulatory guidance, and market best practices.
Key Responsibilities:
* Conduct systematic reviews of credit portfolios to evaluate performance and the adequacy of risk management practices.
* Analyze the quality of credit risk assessments from the Front Office, Workout, and Credit Risk teams.
* Review the risk profiles of credit exposures, validate assigned ratings, and recommend necessary adjustments.
* Propose and implement improvements to underwriting, portfolio management, and credit approval processes.
* Prepare detailed Credit Assessment and Loan Review reports.
* Stay informed on developments in assigned sectors and contribute to continuous monitoring activities.
* Participate in meetings with Executive Management, Regulators, and collaborate with the Head Office in Paris as needed.
* Provide mentorship and guidance to fellow loan review professionals.
* Engage in ad hoc projects as required.
* Complete a minimum of 40 hours of annual training (seminars, webcasts) to enhance sector-specific and financial knowledge
Qualifications
* Bachelor's degree in Finance, Business, or a related field.
* 5+ years of credit experience in Front Office, Credit Risk, or Loan Review, with current experience at the AVP or VP level.
* Strong credit knowledge in one or more lending activities: Aviation, Commodities, Energy, Leveraged Finance, Project Finance, Real Estate, or Securitization. Experience with Latin American credits is a plus.
* Proven ability to interact effectively with Front Office and Credit Risk professionals, as well as regulators; prior regulatory experience is a plus but not required.
* Effective verbal and written communication skills, with the ability to convey complex information clearly and succinctly.
* Knowledge of accounting principles (through coursework or practical experience) is advantageous.
* Familiarity with loan documentation fundamentals.
* Strong teamwork and relationship-building skills.
* Proficiency in Microsoft Office is essential.
* Knowledge of French is a plus but not required.
The salary range for the VP position will be between $150,000 -$180,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.
Profil et compétences requises
This position offers a unique opportunity to deepen your understanding of risk across multiple lending sectors and transaction structures while contributing to the continuous evolution of our loan review framework. As part of our Loan Review team, you will conduct comprehensive assessments of Natixis' credit risk, ensuring adherence to policies, regulatory guidance, and market best practices.