Post job

Loan specialist jobs in Islip, NY

- 84 jobs
All
Loan Specialist
Loan Processor
Loan Consultant
Loan Coordinator
Mortgage Loan Processor
Loan Closer
Loan Documentation Specialist
Junior Loan Officer
Loan Servicing Specialist
Loan Officer
  • Loan Servicer II - C & I, AT

    Apple Bank 4.8company rating

    Loan specialist 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.
    $75k-95k yearly Auto-Apply 60d+ ago
  • Mortgage Closer

    Collabera 4.5company rating

    Loan specialist 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
  • Business Lending Specialist/ Junior Loan Officer

    Psfcu Careers

    Loan specialist job in New York, NY

    Polish & Slavic Federal Credit Union is committed to supporting our employees' overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that includes: Medical, Vision and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as, a Birthday Day off. Core Responsibilities: Obtain required financial information submitted in consideration of assigned Member Business Loan requests and underwrite the credit by performing the appropriate level of analysis using established financial and cash flow techniques and templates to evaluate the overall credit worthiness of the member. Process R/E loan applications, obtain 3rdparty reports, appraisals, environmental assessments, flood hazard certificates. Prepare credit recommendations and approve loans within approved lending limit if applicable, resulting in well documented and fundamentally sound credit decisions. Prepare loan documents and obtain all executed required legal documents and close the loan. Assist Portfolio Manager in the performance of annual credit reviews and reassessment of credit risk. Process/underwrite/approve non-R/E credit applications. Answer MBL inquiries, resolve complaints and member issues. Assist members with loan applications and documentation completion. Prepare and maintain accurate monthly Loan Application pipeline. Requirements: Minimum 3 years' experience in business credit analysis, workflow organization and processing. Comprehensive knowledge of commercial and business lending with completion of formal commercial loan analysis education on the evaluation of financial statements and tax returns, or prior work Pay: $47,478.50 - $91,492.17 per year AN EQUAL OPPORTUNITY EMPLOYER
    $47.5k-91.5k yearly 60d+ ago
  • Student Loan Coordinator

    Yeshiva University 4.6company rating

    Loan specialist 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.
    $65k-70k yearly 20d ago
  • Loan Closer Supervisor

    Tomo

    Loan specialist 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. Location: New York, NY Reports To: Loan Closing and Post Closing Manager Type: Full-Time; Hybrid NYC (in office Mon-Wed, remote Thurs-Friday) About the role: At Tomo, we're building a better mortgage experience - faster, more transparent, and focused on helping homebuyers thrive. As a Closing Team Lead, you'll play a critical role in ensuring our customers reach the finish line with confidence and clarity. You'll lead a team of closers, overseeing day-to-day operations while managing your own pipeline. This is a highly collaborative role requiring expert knowledge of the mortgage closing process, an eye for detail, and a deep commitment to delivering a smooth and efficient experience for our customers. What You'll Do: * Lead the Closing Team: Supervise a team of mortgage closers, providing coaching, mentorship, and performance feedback to drive quality and efficiency. * Pipeline Management: Monitor individual and team pipelines to ensure files move swiftly through the closing process while meeting compliance and regulatory requirements. * Quality Control: Review team files to ensure documentation accuracy, fee compliance, and proper coordination with title companies and warehouse banks. * File Ownership: Manage an individual pipeline of complex purchase loans, ensuring initial closing disclosures are sent timely, closing packages are accurate, the signed closing package meets all requirements, prior to fund conditions are met, and funding authorization is given. * Compliance Oversight: Review files for adherence to TILA, RESPA, HMDA, Reg B, and other federal/state guidelines. Remediate Compliance Ease alerts and ensure documentation is audit-ready. * Team Collaboration: Work closely with processors, underwriters, loan officers, and settlement agents to identify and resolve closing issues. * Continuous Improvement: Identify process gaps and partner with leadership to streamline workflows and elevate the customer experience. * Post-Closing Support: Assist with post-closing issue resolution to ensure funding and investor delivery go smoothly. What Makes You a Great Fit: * Strong understanding of the mortgage closing and funding process * Proven leadership capabilities with experience managing closing or operations teams * High attention to detail and organizational skills, especially when working with large volumes and tight timelines * A "phone-first" communicator who values collaboration, transparency, and efficiency * Ability to stay calm under pressure and maintain a customer-first mindset, especially during escalations Preferred Qualifications: * Minimum of 5 years of experience in the loan/financial industry * Experience with Byte Pro or other LOS platforms (e.g., Encompass) * Familiarity with a variety of loan types: Conventional, FHA, VA, and Jumbo * Strong knowledge of mortgage applications, credit reports, and financial verifications * Experience working in a fast-paced, purchase-driven environment What's in It for You? * Career Growth: Explore multiple career paths across Tomo, including elite operational roles * Competitive Pay & Benefits: Designed to support your whole self, in and out of work * Equity Ownership: All teammates receive stock options-we win together * Coaching & Mentorship: Learn from experienced leaders who are invested in your growth Inclusive Culture: We celebrate diverse backgrounds, experiences, and perspectives. Whether your path into mortgage has been traditional or unique, you'll find a place to thrive here. Compensation for this role is $90,000 -$105,0000 per year in On-Target Earnings (OTE), which includes base salary and variable compensation. The commission structure is uncapped, allowing for additional earning potential based on performance. 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
    $90k-105k yearly Auto-Apply 15d ago
  • Mortgage Loan Processor

    Cityscape Mortgage Corp

    Loan specialist job in Scarsdale, NY

    Job Description Mortgage Broker located in Westchester County, N.Y, looking for a Loan Processor. Are you an experienced, detail-oriented mortgage loan processor who can successfully aid loan officers in navigating the loan process? Our mortgage brokerage is interested in hiring a highly productive mortgage loan processor for our seasoned loan officers. The successful applicant will be responsible for managing the loan process, from origination to close, while paying close attention to the compliance of current lending policies and regulations. If you are a detail-oriented processor with a track record of accurate and timely mortgage approvals, we invite you to apply today! Compensation: $65,000 - $75,000 yearly Responsibilities: Act as a liaison between applicants, mortgage brokers, loan officers, real estate agents, and mortgage lending underwriters to help further loan approval. Work with the borrower to gather financial information and verify the accuracy of the loan officer's application. Assemble and submit loan packages to the lender underwriters for approval. Adhere to all lending and regulatory guidelines and policies while preparing the loan file for submission to underwriting. Qualifications: Experience in mortgage lending and knowledge of loan types, such as Conventional , FHA ,VA and Non QM loans required. Must possess exceptional attention to detail, as well as strong analytical and time management skills. At least 5 years of loan processing experience required. Excellent written and verbal communication skills are a requirement. About Company We are currently licensed in NY, NJ, CT, and Florida. We utilize industry-leading technology along with a great workflow to provide clients with a process that is simpler, faster, and easier. In addition, we value individuals who are interested in being part of a company culture that strives to be the best! We provide value to our team by focusing our energies on bringing in high-quality leads, closing with a >90% conversion rate, and providing the latest AI-driven technology to help you stay on top of clients and leads.
    $65k-75k yearly 28d ago
  • Business Loan Processor

    Iadvance Now LLC

    Loan specialist job in Uniondale, NY

    Job DescriptionBenefits: Company parties Competitive salary Dental insurance Health insurance Vision insurance Company: iAdvance Now LLC Job Type: Full-Time Compensation: $65,000 - $85,000 annually commensurate with experience Responsibilities Collect and review client documents for completeness and accuracy Prepare loan packages for submission to lenders Track loan files and manage the processing pipeline Communicate with lenders to follow up on files, conditions, and approvals Work with clients to gather any additional documentation needed Maintain accurate notes in CRM or loan management systems Help troubleshoot and escalate files when necessary Qualifications 1+ years of experience in commercial loan processing, mortgage loan processing or bank loan processing Strong organizational and multitasking skills Excellent communication and follow-up ability Experience using CRM tools and basic digital document systems Knowledge of underwriting and lender guidelines is a plus What We Offer Competitive pay + performance bonuses Opportunity to grow with a high-volume, expanding shop Training on lender portals and process if needed Benefits: Health, Dental & Vision Insurance. Paid time off.
    $65k-85k yearly 26d ago
  • Mortgage Loan Processor

    Omni Mortgage 3.6company rating

    Loan specialist job in Hicksville, NY

    Job DescriptionWe are looking for an experienced senior loan processor to join our tight-knit group of mortgage professionals. The successful applicant will have years of experience in loan processing, excellent attention to detail, and a skilled approach to customer service to help our borrowers navigate the mortgage closing process. We provide the opportunities, the team, and the growth potential to help you achieve your career goals. If this sounds like the ideal job for you, please apply today!Compensation: $70,000 Responsibilities: Confirm that all loan files, credit packages, and disclosure packages comply with company lending policies, as well as state and federal lending guidelines Create and maintain the mortgage loan file, order third party documentation and reports as needed for residential home loans, and assist underwriters in clearing conditions as requested Verify the accuracy of all obtained loan documentation, such as title insurance, loan applications, appraisals, credit reports, and income and asset declarations and provide them promptly to underwriters for loan approval Be the main point of contact for title companies, mortgage loan officer/mortgage loan originator, real estate agents, borrowers, and mortgage underwriters to facilitate a timely loan closing Submit loan file documentation accurately into necessary software programs Qualifications: Federal and state home loan regulatory requirements and overall mortgage industry knowledge is essential Bachelor's degree preferred; high school diploma required Excellent attention to detail, customer service, time management, and communication skills are needed Knowledge of current residential mortgage loans such as FNMA, FHA, VA, USDA, and Conventional is crucial -- Commercial loan and Refinance loan knowledge is an added asset 2-3 years experience with a mortgage company, mortgage banker, or mortgage lender as a mortgage loan processor is needed About Company Why Join OMNI Mortgage? When you join us, you're not just stepping into a job; you're joining a mission. OMNI Mortgage is dedicated to empowering loan officers to achieve the kind of success that changes lives. We provide the top-tier resources, exclusive access to elite agents, and best-in-class coaching to ensure you're equipped to succeed at the highest level.
    $70k yearly 3d ago
  • Loan Processor

    Wealthfront 4.6company rating

    Loan specialist 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
  • Mortgage Loan Processor

    R & J Capital

    Loan specialist 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
  • Loan Documentation Specialist

    Loanbud

    Loan specialist job in New York, NY

    Benefits: 401(k) matching Dental insurance Health insurance Paid time off Vision insurance LoanBud is continuing to grow, and we have an exciting opportunity for the right candidate to join a great team in New York, NY! Join us in the pursuit of our mission to help small businesses get the financing they need to succeed, and enjoy a career filled with professional growth opportunities, team-oriented colleagues, and the satisfaction of supporting small businesses. We appreciate our employees and in order to continue serving our customers at the highest level, we continue to strive to become "the place to work". We are looking for a Loan Documentation Specialist to assist LoanBud Business Lending Officers and borrowers process and close SBA and other commercial loans. Do you have banking, loan processing or loan review experience, do you enjoy helping people meet their financial goals, do you have attention to detail and excel in process workflow? This may be the perfect job for you, and we encourage you to apply! Compensation for this position is a salary plus commission. Wage placement based on qualifications and direct experience for this position. About LoanBud We Offer Great Benefits! We offer solid benefits, including medical, dental & vision and a generous 401(k) match. We take care of our employees! The wisest investment we make is in our employees. We support them with professional development resources and opportunities for advancement. At LoanBud, we believe in work-life balance. With an extensive holiday and PTO plan, there's always something to look forward to. We offer a supportive and flexible work environment. We treat our employees like humans, not robots. You deserve respect, empathy, and trust, and that's what you'll get as a member of our LoanBud team. Summary Of Job Duties Of This Position This position assists customers, lenders, and lending officers with the processing and closing of SBA and other commercial loans. Their responsibilities include interfacing with borrowers and referral partners from loan submission to funding, collecting and reviewing documentation per program requirements, coordinating and processing loans in accordance with lender guidelines, ordering and collecting 3rd party reports. Essential Duties And Responsibilities Collaborates with internal staff including Business Lending Officers to process and close loans in a timely manner. Reviews the loan file and prepares a list of items required to close and fund the loan. Communicates the requirements and loan status clearly and concisely. Prepares loans for submission in accordance with lender guidelines and requirements. Calculates business and/or global debt service coverage ratios. Opens Title and orders preliminary title reports as required; reviews title reports and make changes as necessary. Reviews and accepts entity documentation such as articles, by-laws as well as partnership and LLC documents. Ensures compliance and adherence to SBA Standard Operating Procedures (SOP) and lender credit policy. Determines insurance requirements and obtains hazard/flood/liability insurance as required. Reviews loan applications and determines initial eligibility. Prepares and completes loan document requests; ensure that loans are documented correctly to ensure conformance with lender approvals and conditions. Coordinates closings with borrowers, referral partners and business lending officers. Maintains accurate pipeline reports; meets monthly loan closing and loans in pipeline goals. Perform other duties as assigned. What We Look For In a Loan Documentation Specialist Deadline Oriented - the individual acts with a sense of urgency to prioritize and hit required deadlines. Analytical - the individual synthesizes complex or diverse information. Problem-solving - the individual identifies and resolves problems on time and gathers and analyzes information skillfully. Communication - the individual speaks and writes clearly and persuasively in positive and negative situations, demonstrates excellence in telephone etiquette, customer service, and business communication skills. Leadership - the individual inspires and motivates others to perform well, accepts feedback from others. Quality management - the individual looks for ways to improve and promote quality and demonstrates accuracy and thoroughness, including the ability to proofread documents for accuracy. Judgment - the individual displays willingness to make decisions, exhibits sound and accurate judgment, and makes timely decisions. Planning/organizing - the individual prioritizes and plans work activities, uses time efficiently, and develops realistic action plans. Safety and security - the individual observes safety and security procedures and uses data and materials properly. Preferred Requirements Associates degree or higher Four years' experience in loan processing or four years of combined professional experience and education in a related field Knowledge of SBA loans or prior lending experience Proficient use and understanding of MS Office products (Word, Excel, Outlook) AAP/EEO Statement LoanBud values their employees and provides equal employment opportunities to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Compensation: $50,000.00 - $60,000.00 per year Our Mission is to Empower and Grow Small Businesses At LoanBud, we believe small businesses are the backbone of the economy, and we exist to empower entrepreneurs by simplifying access to SBA capital so they can achieve their dreams. By partnering with an extensive network of SBA lenders, we offer a wide credit box that opens doors for more business owners-even those turned away by traditional banks. Our streamlined digital application and expert guidance help entrepreneurs navigate what can otherwise be a complex financing process. Whether you're looking to acquire a business, invest in owner-occupied commercial real estate, or secure working capital, LoanBud's digital marketplace connects you to the right SBA loan solution. We measure success by the real-world impact on growing businesses-so you can focus on building the future you envision, knowing you have a trusted partner in your corner. By combining technology with dedicated support, we strive to empower entrepreneurs so they can focus on growing their businesses and making a meaningful impact on their communities. Let us handle the complexities of SBA financing, connecting you with the right lenders and solutions, so you can do what you do best: building something remarkable. CareersLoanBud is continuing to grow, and we have an exciting opportunities for the right candidate to join a great team. Join us in the pursuit of our mission to help small businesses get the financing they need to succeed, and enjoy a career filled with professional growth opportunities, team-oriented colleagues, and the satisfaction of supporting small businesses.
    $50k-60k yearly Auto-Apply 60d+ ago
  • International Stock Loan Consultant

    Linium Resources 3.5company rating

    Loan specialist job in New York, NY

    The Stock Loan desk provides inventory to clients for short selling, manages the firms funding through lending of re-hypothecated and firm positions in exchange for cash collateral via traditional stock loan contracts, tri-party repo and lending vs non cash collateral. Strong operational support is needed to manage the settlements, recalls, collateral marks and reconciliations. International Settlements supports the Stock Loan desk, Prime brokerage and the Execution desk in facilitating settlement in all international markets. Job Description Independent, self-motivated individual will handle the operational support for the daily settlement of all security and cash movements of international securities lending transactions Daily processing and to work with management to handle all complex problems and issues of this particular area Individual will learn to operate as the technical expert in their assigned area and will also have additional training on systems, project management, business analysis, and general business practices of the firm Systems input and processing Report analysis Requires fundamental understanding of securities industry as it relates to the following: International securities lending settlement practices GlobalOne and DTC Qualifications At least 5 years of financial services industry experience preferred Strong accounting/finance background or related experience preferred Strong reconciliation skills High proficiency level in basic computer applications including Excel Experience in various facets of both international and domestic securities lending processing Ability to work independently Additional Information In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the U.S. without sponsorship and to complete the required employment eligibility verification document form upon hire.
    $43k-58k yearly est. 11h ago
  • Loan Processor

    Crosscountry Mortgage 4.1company rating

    Loan specialist 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. 52d ago
  • Student Loan Coordinator

    Easterseals 4.4company rating

    Loan specialist job in Islandia, NY

    APEX Technical Institute, located in the heart of Long Island City, is a vibrant hub for career-focused education, training the next generation of skilled trades professionals. With a legacy of empowering students to achieve their dreams, APEX offers a collaborative and purpose-driven environment where every role contributes to life-changing outcomes. As a Financial Aid Administrator, you'll be part of a dedicated team ensuring students have access to the financial resources they need to succeed. Join APEX, where your expertise meets a mission to transform lives, all while enjoying steady work, competitive pay, and the opportunity to make a meaningful impact. The Student Loan Coordinator, under direct supervision of the Financial Aid Management team, oversees student loan counseling sessions and monitors compliance with the plan to assure lowest possible default rates. Responsibilities include performing a variety of duties associated with certification, award, disbursement, and return of funds under the federal Stafford Direct Loan Program. Responsibilities: Responsible for monitoring default prevention efforts for active CDR's; Track withdrawal and graduation dates for current borrowers to fulfill exit counseling requirements. Communicate effectively and on a timely basis with student borrowers, lender services, and guarantee agencies concerning application status, enrollment status, and default aversion information. Conduct student presentations to include financial literacy, entrance and exit counseling, and other outreach activities. Attend financial aid training and workshops to keep abreast of changes in federal law and procedures. Assist in implementation of changes in loan policies per federal regulations. Serve as liaison between students, campus administrative office and third-parties such as loan servicers and the Department of Education to facilitate timely resolutions for At-Risk student loan borrowers. Qualifications: Education: High School/GED-Associates Degree a plus Software Skills: Microsoft Office, NSLDS, COD, FAAACESS, ED Express, Internal Database Job Experience: Minimum 2 years of experience Title IV in an Educational Institution. Personal Qualities: Alternative or combined skills in understanding, advising, and/or influencing people are important in achieving job objectives, causing action, understanding others, or changing behavior; Skills of persuasiveness or assertiveness, as well as sensitivity to the point of view of others. The Fedcap Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. We are an EEO employer committed to diversity, M/F/D/V.
    $32k-38k yearly est. Auto-Apply 10d ago
  • Non Recourse Loan And Bg/Sblc Mt760 (Leasing) Offer!!!

    Jobs for Lebanon

    Loan specialist job in New York, NY

    NON RECOURSE LOAN AND BG/SBLC MT760 (LEASING) OFFER!!! WE ARE REGISTERED MONEY LENDER, FINANCE TRADER, FUNDER, INVESTOR AND DIRECT PROVIDER OF NON RECOURSE LOAN, BANK GUARANTEES(BG) , STANDBY LETTERS OF CREDIT(SBLC) , LETTER OF CREDIT (LC) , TRADE FINANCE AND ALL KINDS OF INDIVIDUALS AND COMPANIES FUNDING FROM TOP RATED BANKS WORLDWIDE FOR PROJECTS, IMPORT AND EXPORT BUSINESS AT LOW RATE!!! PLEASE IF YOU ARE LOOKING FOR NON RECOURSE LOAN, BG/SBLC MT760 (BANK INSTRUMENTS) AND PROJECT FUNDING WITHOUT COLLATERAL THEN CONTACT US THROUGH EMAIL: GLOBALFINANCELTDHK AT GMAIL.COM Job Description NON RECOURSE LOAN AND BG/SBLC MT760 (LEASING) OFFER!!! WE ARE REGISTERED MONEY LENDER, FINANCE TRADER, FUNDER, INVESTOR AND DIRECT PROVIDER OF NON RECOURSE LOAN, BANK GUARANTEES(BG) , STANDBY LETTERS OF CREDIT(SBLC) , LETTER OF CREDIT (LC) , TRADE FINANCE AND ALL KINDS OF INDIVIDUALS AND COMPANIES FUNDING FROM TOP RATED BANKS WORLDWIDE FOR PROJECTS, IMPORT AND EXPORT BUSINESS AT LOW RATE!!! PLEASE IF YOU ARE LOOKING FOR NON RECOURSE LOAN, BG/SBLC MT760 (BANK INSTRUMENTS) AND PROJECT FUNDING WITHOUT COLLATERAL THEN CONTACT US THROUGH EMAIL: GLOBALFINANCELTDHK AT GMAIL.COM Qualifications NON RECOURSE LOAN AND BG/SBLC MT760 (LEASING) OFFER!!! WE ARE REGISTERED MONEY LENDER, FINANCE TRADER, FUNDER, INVESTOR AND DIRECT PROVIDER OF NON RECOURSE LOAN, BANK GUARANTEES(BG) , STANDBY LETTERS OF CREDIT(SBLC) , LETTER OF CREDIT (LC) , TRADE FINANCE AND ALL KINDS OF INDIVIDUALS AND COMPANIES FUNDING FROM TOP RATED BANKS WORLDWIDE FOR PROJECTS, IMPORT AND EXPORT BUSINESS AT LOW RATE!!! PLEASE IF YOU ARE LOOKING FOR NON RECOURSE LOAN, BG/SBLC MT760 (BANK INSTRUMENTS) AND PROJECT FUNDING WITHOUT COLLATERAL THEN CONTACT US THROUGH EMAIL: GLOBALFINANCELTDHK AT GMAIL.COM Additional Information NON RECOURSE LOAN AND BG/SBLC MT760 (LEASING) OFFER!!! WE ARE REGISTERED MONEY LENDER, FINANCE TRADER, FUNDER, INVESTOR AND DIRECT PROVIDER OF NON RECOURSE LOAN, BANK GUARANTEES(BG) , STANDBY LETTERS OF CREDIT(SBLC) , LETTER OF CREDIT (LC) , TRADE FINANCE AND ALL KINDS OF INDIVIDUALS AND COMPANIES FUNDING FROM TOP RATED BANKS WORLDWIDE FOR PROJECTS, IMPORT AND EXPORT BUSINESS AT LOW RATE!!! PLEASE IF YOU ARE LOOKING FOR NON RECOURSE LOAN, BG/SBLC MT760 (BANK INSTRUMENTS) AND PROJECT FUNDING WITHOUT COLLATERAL THEN CONTACT US THROUGH EMAIL: GLOBALFINANCELTDHK AT GMAIL.COM
    $40k-57k yearly est. 60d+ ago
  • Automotive Loaner Coordinator

    Genesis of White Plains

    Loan specialist job in White Plains, NY

    Genesis of White Plains is seeking an Automotive Loaner Coordinator to join our dynamic service team! If you're energetic, self-motivated, and thrive in a fast-paced environment, we want to hear from you. Do you enjoy helping customers, building relationships, and delivering top-tier service? If so, this could be the perfect opportunity for you. WHAT WE OFFER A professional, supportive, and team-oriented work environment Comprehensive training with opportunities for long-term growth Competitive benefits package including medical, dental, vision, and 401(k) Complimentary basic life insurance Supplemental benefits available (disability, life, accident, and more) Paid vacation, sick/personal days, and holidays RESPONSIBILITIES Greet customers promptly and courteously Build and maintain strong relationships through excellent customer service Maintain organization and control of the loaner vehicle fleet Guide customers through the loaner vehicle process, clearly explaining policies, procedures, and payment requirements Ensure loaner vehicles are returned in good condition; report any issues or damage to management Collaborate effectively with service department staff REQUIREMENTS Strong attention to detail Positive attitude and customer-focused mindset Ability to thrive in a high-energy, fast-paced environment Excellent organizational and multitasking skills Job Type: Full-time Pay: $20.00 - $25.00 per hour WHY PEPE AUTO GROUP? Pepe Auto Group credits its long-standing success to its dedicated team. Family-owned since 1968, we continue to grow while staying true to our core values of honesty, integrity, and professionalism. When you join our team, you join a culture of collaboration, respect, and ongoing development. We believe in empowering our employees and promoting from within ensuring every team member has the opportunity to succeed and advance.
    $20-25 hourly Auto-Apply 21d ago
  • MCA Loan Processor / Funder Liaison

    High Rise Capital

    Loan specialist job in New York, NY

    Job Description We are a fast-growing merchant cash advance company working with a large network of direct lenders and funding partners. We are seeking a sharp, detail-oriented MCA Loan Processor who will play a critical role in getting deals funded efficiently and correctly. This position is ideal for someone who wants to learn the lender landscape, understand deal structuring, and become a key operational hub between sales, underwriting, and funders. The MCA Loan Processor is responsible for routing deals to the correct lenders, managing lender communication, and ensuring files move smoothly from submission to funding. You will learn the strengths, preferences, and underwriting guidelines of multiple lenders and use that knowledge to maximize approvals and funding speed. You are the person who makes sure deals actually fund. MUST HAVE EXPERIENCE MUST KNOW HOW TO USE A CRM Requirements Responsibilities Review completed MCA deal files for accuracy and completeness Learn lender guidelines, pricing models, and approval criteria Decide which lenders to submit deals to based on: Revenue Bank statements Existing MCA debt Industry and risk profile Submit deals to appropriate lenders and manage follow-ups Communicate directly with lenders to: Answer questions Provide additional documents Push files toward approval and funding Coordinate with sales and underwriting teams to resolve issues Track deal status from submission through funding Ensure contracts are signed, ACH forms completed, and conditions cleared Maintain accurate records in CRM and lender portals Flag problems early to prevent funding delays or fall-offs Qualifications Experience in MCA processing, underwriting, or funding coordination preferred Strong understanding (or willingness to learn) MCA deal structures Highly organized and detail-oriented Comfortable speaking with lenders, underwriters, and sales reps Ability to manage multiple deals at different stages simultaneously Strong follow-up and communication skills Familiarity with bank statements, daily payments, and holdbacks is a plus CRM experience preferred (but not required) Ideal Candidate Organized, reliable, and proactive Learns lender preferences quickly and remembers them Calm under pressure and deadline-driven Understands that a deal isn't done until it's funded Wants to grow into senior processing, underwriting, or operations Benefits Competitive base salary Performance-based bonuses tied to funded volume Opportunity to grow into: Senior Processor Underwriting Analyst Operations Manager
    $37k-53k yearly est. 6d ago
  • Student Loan Coordinator

    Apex Technical School 4.0company rating

    Loan specialist job in New York, NY

    APEX Technical Institute, located in the heart of Long Island City, is a vibrant hub for career-focused education, training the next generation of skilled trades professionals. With a legacy of empowering students to achieve their dreams, APEX offers a collaborative and purpose-driven environment where every role contributes to life-changing outcomes. As a Financial Aid Administrator, you'll be part of a dedicated team ensuring students have access to the financial resources they need to succeed. Join APEX, where your expertise meets a mission to transform lives, all while enjoying steady work, competitive pay, and the opportunity to make a meaningful impact. The Student Loan Coordinator, under direct supervision of the Financial Aid Management team, oversees student loan counseling sessions and monitors compliance with the plan to assure lowest possible default rates. Responsibilities include performing a variety of duties associated with certification, award, disbursement, and return of funds under the federal Stafford Direct Loan Program. Responsibilities: * Responsible for monitoring default prevention efforts for active CDR's; * Track withdrawal and graduation dates for current borrowers to fulfill exit counseling requirements. * Communicate effectively and on a timely basis with student borrowers, lender services, and guarantee agencies concerning application status, enrollment status, and default aversion information. * Conduct student presentations to include financial literacy, entrance and exit counseling, and other outreach activities. * Attend financial aid training and workshops to keep abreast of changes in federal law and procedures. Assist in implementation of changes in loan policies per federal regulations. * Serve as liaison between students, campus administrative office and third-parties such as loan servicers and the Department of Education to facilitate timely resolutions for At-Risk student loan borrowers. Qualifications: Education: High School/GED-Associates Degree a plus Software Skills: Microsoft Office, NSLDS, COD, FAAACESS, ED Express, Internal Database Job Experience: Minimum 2 years of experience Title IV in an Educational Institution. Personal Qualities: Alternative or combined skills in understanding, advising, and/or influencing people are important in achieving job objectives, causing action, understanding others, or changing behavior; Skills of persuasiveness or assertiveness, as well as sensitivity to the point of view of others. The Fedcap Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. We are an EEO employer committed to diversity, M/F/D/V.
    $35k-42k yearly est. 8d ago
  • Loan Documentation Specialist

    Loanbud Inc.

    Loan specialist job in New York, NY

    Job DescriptionBenefits: 401(k) matching Dental insurance Health insurance Paid time off Vision insurance LoanBud is continuing to grow, and we have an exciting opportunity for the right candidate to join a great team in New York, NY! Join us in the pursuit of our mission to help small businesses get the financing they need to succeed, and enjoy a career filled with professional growth opportunities, team-oriented colleagues, and the satisfaction of supporting small businesses. We appreciate our employees and in order to continue serving our customers at the highest level, we continue to strive to become "the place to work". We are looking for a Loan Documentation Specialist to assist LoanBud Business Lending Officers and borrowers process and close SBA and other commercial loans. Do you have banking, loan processing or loan review experience, do you enjoy helping people meet their financial goals, do you have attention to detail and excel in process workflow? This may be the perfect job for you, and we encourage you to apply! Compensation for this position is a salary plus commission. Wage placement based on qualifications and direct experience for this position. About LoanBud We Offer Great Benefits! We offer solid benefits, including medical, dental & vision and a generous 401(k) match. We take care of our employees! The wisest investment we make is in our employees. We support them with professional development resources and opportunities for advancement. At LoanBud, we believe in work-life balance. With an extensive holiday and PTO plan, there's always something to look forward to. We offer a supportive and flexible work environment. We treat our employees like humans, not robots. You deserve respect, empathy, and trust, and that's what you'll get as a member of our LoanBud team. Summary Of Job Duties Of This Position This position assists customers, lenders, and lending officers with the processing and closing of SBA and other commercial loans. Their responsibilities include interfacing with borrowers and referral partners from loan submission to funding, collecting and reviewing documentation per program requirements, coordinating and processing loans in accordance with lender guidelines, ordering and collecting 3rd party reports. Essential Duties And Responsibilities Collaborates with internal staff including Business Lending Officers to process and close loans in a timely manner. Reviews the loan file and prepares a list of items required to close and fund the loan. Communicates the requirements and loan status clearly and concisely. Prepares loans for submission in accordance with lender guidelines and requirements. Calculates business and/or global debt service coverage ratios. Opens Title and orders preliminary title reports as required; reviews title reports and make changes as necessary. Reviews and accepts entity documentation such as articles, by-laws as well as partnership and LLC documents. Ensures compliance and adherence to SBA Standard Operating Procedures (SOP) and lender credit policy. Determines insurance requirements and obtains hazard/flood/liability insurance as required. Reviews loan applications and determines initial eligibility. Prepares and completes loan document requests; ensure that loans are documented correctly to ensure conformance with lender approvals and conditions. Coordinates closings with borrowers, referral partners and business lending officers. Maintains accurate pipeline reports; meets monthly loan closing and loans in pipeline goals. Perform other duties as assigned. What We Look For In a Loan Documentation Specialist Deadline Oriented the individual acts with a sense of urgency to prioritize and hit required deadlines. Analytical - the individual synthesizes complex or diverse information. Problem-solving - the individual identifies and resolves problems on time and gathers and analyzes information skillfully. Communication - the individual speaks and writes clearly and persuasively in positive and negative situations, demonstrates excellence in telephone etiquette, customer service, and business communication skills. Leadership - the individual inspires and motivates others to perform well, accepts feedback from others. Quality management - the individual looks for ways to improve and promote quality and demonstrates accuracy and thoroughness, including the ability to proofread documents for accuracy. Judgment - the individual displays willingness to make decisions, exhibits sound and accurate judgment, and makes timely decisions. Planning/organizing - the individual prioritizes and plans work activities, uses time efficiently, and develops realistic action plans. Safety and security - the individual observes safety and security procedures and uses data and materials properly. Preferred Requirements Associates degree or higher Four years' experience in loan processing or four years of combined professional experience and education in a related field Knowledge of SBA loans or prior lending experience Proficient use and understanding of MS Office products (Word, Excel, Outlook) AAP/EEO Statement LoanBud values their employees and provides equal employment opportunities to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.
    $34k-43k yearly est. 7d ago
  • Mortgage Loan Officer

    Kearny Bank 4.4company rating

    Loan specialist job in New York, NY

    Originates first mortgage loans, promotes the financial institution and lending services to the real estate community and helps identify and serve the community's financial needs through home loan counseling, real estate agent seminars and sales meeting, and by participating in and promoting the institutions community actives. Responsibilities Solicits first mortgage loans by going out to clients. Informs prospective loan clients of the institutions underwriting guidelines and applicable government regulations Assists loan applicant in completing application and necessary disclosures. Completes loan application and pre-processing functions in a timely manner - prepares for review initial disclosure including loan estimates. Enters data from new loan applications and other documents into computer system. Orders credit reports and other items as needed. Answers incoming calls and schedules appointments. Provides follow-up on a consistent basis with borrowers, and agents to complete processing. Communicates complex approvals or denials to the borrower-agents including real estate agents / builders. Responds to inquiries from borrowers regarding status of loans in process. Completes necessary information such as log entries and business sourcing. Distributes Bank approved marketing materials and general information. Actively participates in local business development activities as directed by the Bank. In the performance of respective duties, must maintain knowledge of and ensure compliance with the Bank Secrecy Act and all other regulatory, security and bank policies. Qualifications HS Diploma or equivalent required. Two to four years related mortgage or similar sales experience or equivalent required. Thorough working knowledge of real estate documentation, policies, compliance, and procedures. High level of proficiency with mortgage loan processing and underwriting systems. Commitment to excellence and high standards. Excellent written and oral communication skills. Strong organizational, problem-solving, and analytical skills. Ability to manage priorities and workflow. Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm. Acute attention to detail. PC proficiency. Excellent customer service skills. Proven ability to handle multiple projects and meet deadlines. Strong interpersonal skills. Good judgement with the ability to make timely and sound decisions. Demonstrated ability to calculate figures and amounts such as discounts, interest, commissions, and percentages. Ability to effectively present information and respond to questions. Ability to effectively communicate with people at all levels and from various backgrounds. WORKING CONDITIONS: This position is a remote role that requires traveling out to clients. 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. Regular attendance and punctuality are essential functions of every job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is regularly required to sit, use hands and fingers, handle or feel objects, use tools or controls, reach with hands and arms, talk and/or hear. The employee frequently is required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, peripheral vision, color vision, depth perception, and the ability to adjust focus. COMPENSATION: $35,000 per year, plus commissions and car allowance.
    $35k yearly Auto-Apply 42d ago

Learn more about loan specialist jobs

How much does a loan specialist earn in Islip, NY?

The average loan specialist in Islip, NY earns between $24,000 and $86,000 annually. This compares to the national average loan specialist range of $26,000 to $68,000.

Average loan specialist salary in Islip, NY

$46,000
Job type you want
Full Time
Part Time
Internship
Temporary