Mortgage Loan Processor
Loan specialist job in New York, NY
Our client is seeking a Mortgage Loan Processor to join their team! This position is located in New York, New York.
Perform accounting for mortgage loan investments and service a portfolio of loans, including recording a variety of journal entries such as: acquisitions, dispositions, collections, disbursements, adjustments, etc.
Perform various ad-hoc loan tasks/inquiries such as: billing, escrow analysis, escrow payments, payment history and adjustable-rate settings
Support financial and investment reporting, including STAT and TAX reporting and participate in projects as required
Execute assignments according to company and department procedures, controls, and systems, and incorporate decision making in work related to operational requests
Prepare, gather, analyze, build, organize, and review reporting for various requests and inquiries
Prepare reporting assignments and ensure that workpaper referencing support is clearly documented
Assist with special projects and research work
Desired Skills/Experience:
Bachelor's Degree concentrated in accounting, business, and/or computer science is preferred, but other degrees will be considered
3+ years of experience in loan servicing of commercial mortgage loans
Construction loan experience is a plus
High proficiency in Microsoft Excel
Knowledge of Qlik Sense, Business Objects, Crystal Report Writer, and Microsoft SQL Server technology to create SQL queries is a plus
Must maintain strong organizational skills, effective communication skills, and be a team player
Ideal candidate is a self-starter, can work independently, possesses good listening skills, and is willing to learn
Accountable for all work contributions and provides informal guidance to others as needed
Strong problem-solving skills
Ability to analyze issues and propose solutions using education, experience, judgment, and established precedents
Benefits:
Medical, Dental, & Vision Insurance Plans
Employee-Owned Profit Sharing (ESOP)
401K offered
The approximate pay range for this position is between $20.78 and $29.71. Please note that the pay range provided is a good faith estimate. Final compensation may vary based on factors including but not limited to background, knowledge, skills, and location. We comply with local wage minimums.
Loan Processor
Loan specialist 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.
Mortgage Loan Processor
Loan specialist job in Red Bank, NJ
The Mortgage Processor will be responsible for the entire end-to-end mortgage loan process. They will gather and process all loan documentation, confirm files are complete & accurate, ensure compliance with policy, regulatory, and loan terms.
Responsibilities
Review each loan file to verify that documents are present, accurate, and complete before underwriting
Manage loan process through mortgage software system
Ensure that loan rules, obligations, and deadlines are met
Audit and prepare quality files that meet closing objectives
Obtain mortgage loan documentation for clients
Qualifications
Minimum of 3+ years of experience with mortgage loan processing required
Knowledge of FNMA, FHLMC, FHA, and VA loan programs is essential.
Strong understanding of the mortgage lending process, including processing, closing, and funding loans.
Strong prioritization and time management abilities.
Strong attention to detail
Encompass Software a plus
Excellent analytical, communication, and customer service skills.
Associate, Loan Closing Specialist
Loan specialist 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.
NB1345 - SBA Loan Specialist
Loan specialist 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**
Home Loan Specialist II
Loan specialist job in Trenton, NJ
About Us SolomonEdwardsGroup, LLC ("SolomonEdwards") is a full-service professional services firm offering financial, operational, and technology consulting and operations support. We work with some of the world's most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards
Position Summary:
SolomonEdwards is looking for a Home Loan Specialist II for one of its mortgage clients to perform daily loan reviews to ensure the accuracy of loan findings. You will act as a key contributor to facilitate efficient and effective processes that support business and customer service objectives.
Position Locations:
Phoenix, AZ
Tampa, FL
St. Louis, MO
Plano, TX
Essential Duties:
- Perform complex data and document validation.
- Troubleshoot third-party orders (title, appraisal, hazard, flood cert, credit, etc.).
- Handle more complex calls, emails, or chat sessions.
- Complete appraisal eligibility tasks.
- Evaluate loan applications for compliance with product guidelines.
- Perform other related duties as required and assigned.
- Demonstrate behaviors that are aligned with the organization's desired culture and values.
Qualifications:
- Associate's degree or equivalent work experience.
- Proficiency in Microsoft Office.
- Financial Services and, if possible, mortgage industry experience preferred.
- General understanding of applicable Federal, State, and Local Regulations.
Travel Requirements: No travel will be required, unless at the client's discretion.
Physical Requirements: 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 provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices.
Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to, education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $20-24.
Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k).
Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.
We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives; and to be their whole selves.
Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy.
Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise.
Job Ref: 141859
### Place of Work
On-site
### Requisition ID
141859
### Application Email
****************************
Easy ApplyConsumer Loan Specialist
Loan specialist job in Bedminster, NJ
Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought-after products and services that fulfill all of our clients' needs. We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy.
What makes Peapack Private different from our competition? We are an institution that's over 100 years old that has always believed in putting the well-being and needs of our employees and our clients first. We are proud to be recognized for the sixth consecutive year, by American Banker as one of the ‘Best Bank to Work For' across the nation. Our secret sauce in one word is our ‘culture'. We value a diverse, equitable, inclusive and safe workspace. Our one-team culture goes to great lengths to show all employees that they are valued members of the team. We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness.
There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador Sub-Committees focused on our Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness, to involvement in multiple community service activities through our Volunteerism outreach, to joining LIFT (a committee focused on enriching the lives of women - Leading Inspiring Females Together). Said quite simply, the culture is amazing!
Position Summary
Oversee the documentation and submission process for home equity lines of credit, professional lines of credit, other consumer loans, and residential mortgages, as needed. Serve as the main point of contact to the relationship manager/loan officer, branches and borrower, as per the needs of the Branch, RM, real estate agent, underwriter/credit officer and closer from origination through closing. Obtain and verify the accuracy of all required documentation from client and third parties. Process and ensure that all loan files comply with company lending policies, as well as state and federal lending regulations.
Responsibilities:
Review incoming consumer loan applications for completeness. Communicate missing items with branches and relationship managers/loan officers.
Review new files as per the SLA within 24-48 hours.
Review, analyze and evaluate loan applications and requested documentation for accuracy, including appraisals, credit reports, income and asset documents, prior to submitting loan to underwriter/credit officer for loan approval
Disclose applicable loan packages within regulatory requirements
Monitor and Manage pipeline to meet contract deadlines and expirations
Monitor loan application status through automated reporting and data tracking
Ensure follow-up procedures and proper timelines are adhered to with all loans in the Pipeline.
Serve as a liaison between sales and underwriting to streamline the process.
Assist with notifying applicants of loan decisions as necessary
Assist in closing, post-closing or funding issues
Assist/cross train in residential mortgage processing, as needed
Maintains current knowledge of consumer & residential lending department policies and procedures
Stay abreast of changes in Internal, State and Federal policies, standards, and regulations concerning lending practices.
Develop, maintain knowledge, and comply with company policy and secondary market requirements pertaining to credit/security standards and regulatory requirements relative to conventional, government, and self-employed loans requirements.
Stay up to date on Internal Compliance training
Qualifications:
Associate degree; High School diploma
Five to seven years' experience in a financial institution mortgage lending or consumer lending department with HELOC experience preferred
Strong understanding and knowledge of consumer lending products and residential mortgages documentation
Excellent oral and written communication skills
Ability to read, write, and speak English clearly
Ability to interact effectively and tactfully with all levels of the Bank either in person or over the telephone
Ability to identify and resolve problems in a timely, objective, and confidential manner.
Must be an organized, independent, and detail-minded individual
Ability to operate a PC with proficiency in Word and Excel; working knowledge of Silverlake and Microsoft Outlook
Ability to operate all office equipment
Benefits Overview:
We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, education reimbursement, wellness programs and more. We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.
The approximate pay range for this position is $50,829 to $62,000, plus an opportunity to earn performance-based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location.
Note: Incentives and/or benefits packages may vary depending on the position.
Loan Closing Specialist
Loan specialist job in Newark, NJ
Integrated Resources, Inc., is led by a seasoned team with combined decades in the industry. We deliver strategic workforce solutions that help you manage your talent and business more efficiently and effectively. Since launching in 1996, IRI has attracted, assembled and retained key employees who are experts in their fields. This has helped us expand into new sectors and steadily grow.
Job Description
This is a loan closing position responsible for coordinating document flow and loan closings for a growing portfolio of secured solar loans with a stable Fortune 500 utility company located in New Jersey. The successful candidate must be familiar with closing residential and commercial loans and must work well in a fast-paced environment.
Key Duties
· Communicate with loan customers as to closing procedures and answer customer generated questions and interact regularly with state agencies, legal department, and solar contractors.
· Coordinate document flow and gather due diligence from closing attorney, borrowers and solar contractors
· Review documentation received, solar technical data and site inspection reports for accuracy
· Schedule loan closings with borrower
· Calculate final loan amount based upon solar technical data and loan commitment amount.
· Prepare funding information sheets detailing wiring information and disbursal of loan proceeds
· Coordinate with Accounts Payable to process loan disbursals
· Organize closing documentation, files and records
Essential Qualifications:
· Bachelor's degree or equivalent experience.
· Minimum of 3 years of loan processing and/or loan closing experience
· Knowledge of, or ability to learn quickly, the technical aspect of solar system production
· Experience with records and file management
· Strong computer skills; in-depth knowledge of MS Office (Word, Excel) and SharePoint
Desired:
· Basic knowledge of NJ SREC market
· Previous experience working in the solar industry with familiarity with technical aspects of solar system generation
Manager Must have
· Documentation reading
· Loan closing residential/commercial
· SharePoint, power point, Excel preferred
· Solar or utility exp preferred
Qualifications
Essential Qualifications:
· Bachelor's degree or equivalent experience.
· Minimum of 3 years of loan processing and/or loan closing experience
· Solar or utility exp preferred
Additional Information
Kind Regards,
Pramod Kumar
Technical Recruiter
Integrated Resources, Inc.
DIRECT # - 732-844-8730
Commercial Loan Specialist - Edison
Loan specialist job in Edison, NJ
The Commercial Loan Specialist is a key support function to the commercial lending team. She/he assists with various commercial loan servicing activities, including but not limited to on-boarding of new and existing customer information, direct follow up with customers for required information, assist lending team with meeting reporting deadlines, database management, site visits and preliminary underwriting and customer interaction and correspondence.
Essential Functions
Address overdrawn accounts situations
Order credit reports on borrowers from Experian as needed.
Perform site visits of customers place of business
Assist team with prep of credit memos with the loan officers for various purposes, including renewals, commitment extensions and loan revisions.
Process servicing requests for existing loan customers, such as statement requests and copies of other documents.
Monitor and report on assigned loan portfolio activity to bank management as requested.
Follow up with borrowers to obtain financial information or documentation
Follow up with borrowers to obtain open items to facilitate the loan closing process.
Obtain environmental report bids and engage vendors
Coordinate with borrowers and branch staff to open required deposit accounts before closing.
Communicate with people outside the organization on a regular basis including borrowers, brokers, and accountants.
Analyze personal credit data and personal financial statements to assist in the completion of Letters of Interest and commercial credit underwriting
Assist with commercial loan/payment collections
Begin the Loan Proposal write up and input as much information as possible, including existing deposit and loan balances, property info, code page info, etc.
Attend loan closing if the loan officer is unavailable, depending on level of experience
Upload all documents and correspondence to Abrigo (financials, LPs, memos)
Move loans to closing once signed commitment letter and fees are received
Assist Portfolio Management with obtaining required financials and related information to complete Annual Reviews
Job Requirements and Qualifications
Job requires strict attention to detail and thoroughness in the completion of job duties.
Job requires analysis of financial information with oversight by a manager
Education and Experience
Associates Degree preferred or related field or equivalent experience
Three years + working at a Commercial Bank or Credit Union
Knowledge of SBA lending programs preferred, but not required
Licenses and Certifications
N/A
Knowledge, Skills, and Abilities
Ability to work independently with limited supervision
Ability to work in a structured environment with established procedures
Professional behavior mandatory at all times
Customer service oriented
Good organizational skills and ability to multi-task
Ability to effectively communicate with other bank departments
Excellent reading comprehension
Knowledge of administrative and clerical procedures and systems such as word processing, managing data, files, and records, designing forms, and other office procedures.
Excellent computer skills in a Microsoft Windows environment including proficiency in Word
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.
Ability to speak and write clearly to effectively convey information so that others understand and as appropriate for the needs of the audience.
Ability to apply common sense understanding to carry out written and oral instructions.
Physical Requirements
Ability to sit for long periods of time up to 75% of work hours.
Ability to use hands to grasp, handle or feel.
Ability use computer keyboard and system to enter data and process information.
Ability to talk, hear, and see.
Ability to use telephone to communicate with customers and employees.
Ability to drive for site visits of customers
Use office equipment such as teller scanner, personal computer, telephone, mobile device, copier, fax machine, adding machine, etc.
Working Conditions
Moderate sound as in business office with office machines, computers, and people traffic.
Open floor work environment.
Compliance
It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.
All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.
This is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.
This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or s at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.
Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.
Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans
provided the individual is able to perform the essential functions of the job
, unless such accommodation would impose an undue hardship upon Unity Bank.
A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.
Loan Servicing Representative III (Commercial)
Loan specialist job in Woodbridge, NJ
How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees' experience.
POSITION OVERVIEW:
Under close supervision, this position is responsible for performing high-level maintenance and departmental audit functions on commercial loans, commercial real estate loans, construction loans, ready reserve and small business loans. This position is considered at the senior level. Incumbent performs complex routine and non-routine duties of the job. Incumbent is expected to show initiative by training less experienced staff members or take on more challenging and/or complex assignments.
KEY RESPONSIBILITIES:
Assists with managing various commercial loan servicing activities, including but not limited to application of funds, payment of real estate taxes and customer inquiries. Ensures that areas of responsibility meet required deadlines for both internal and external customers. Evaluates and resolves high priority or complex issues through communication and negotiation with customers.
Is responsible for setting up all borrower and financial information for entire portfolio of new loan closings on the appropriate Horizon and ACBS systems. Reads and interprets loan documents and approvals for verification of system accuracy. Tracks all future interest rate adjustments and verifies accuracy of system-generated letters for compliance with loan documents. Alerts management of any upcoming changes where may need special attention.
Processes all loan modifications, including extensions of maturity, interest rate adjustments, borrower transfers, etc on entire portfolio. Inputs and verifies that all modified data has been approved by Credit Committee and/or designated loan officer.
Administers real estate tax escrow disbursement report for prevention of negative escrow transactions for all loans. Directly contacts local municipalities as needed for clarification of amounts due and resolving any discrepancies regarding borrower real estate tax payments made by The Provident Bank. Responds to all borrower inquiries for reconciliation of escrow transactions. Re-analyzes escrow accounts where deficiencies are noted.
Handles entire monthly billing process, which includes assuring that all commercial account bills are generated and mailed to customers. Adheres to finest quality control standards. Contacts borrowers on returned mail items for address verification.
Processes all monetary transactions including, monthly payments, fees, payoffs, construction and commercial line/loan advances and pay-downs and performs any corrections and adjustments as warranted.
Trains new staff on Bank's policies and procedures needed to perform their respective job function.
Perform other duties as assigned by management.
MINIMUM QUALIFICATIONS:
5 - 7 years of related experience
High school diploma or GED
Interpretation of all loan documentation.
Ability to exchange information clearly and concisely and to present ideas and report facts.
Working knowledge of Horizon System, ACBS System, PC skills.
Ability to create Excel Spread Sheet and utilize formulas for creating bills and various reports.
Take ownership of workflow and resolve problems with minimal to no supervision.
Ability to multi-tasking is imperative.
Excellent communication and organizational skills.
Strong mathematical background required.
WORKING CONDITIONS
Work is typically performed in an office environment. Noise levels are usually moderate.
Prolonged sitting
Lifting from 5 to 10 lbs. (printer paper, storage boxes)
Occasional bending or overhead lifting (storing files or boxes)
The hazards are mainly those present in a normal office setting.
This may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.
Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
Pay Details:
$22.26 - $27.79 hourly
Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs.
This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.
Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
Business Lending Specialist/ Junior Loan Officer
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
Loan Processor
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.
Auto-ApplyJr. Loan Officer
Loan specialist job in Hoboken, NJ
Job DescriptionOur lending team is experiencing tremendous growth and we are looking for a results-oriented junior loan officer who can generate new business and referrals and assist our senior loan officers in creating and closing loan packages. Lending or mortgage industry experience is not required but is a tremendous asset. If you are tenacious, driven, and love a fast-paced career that allows your communication and interpersonal skills to truly shine, please start your application today!Compensation:
$50,000 - $70,000 yearly
Responsibilities:
Communicate with the senior mortgage loan officer/ MLO to make a recommendation of which mortgage loan products are best suited depending on applicant's financial status
Meet sales expectations, generate new business, get referrals, and monitor sales pipeline
Gather financial information to assist with loan applications, prepare loan files, and assess applicants' financial situation and eligibility
Interface between loan processor, senior loan officer/ mortgage loan originator, underwriter, mortgage lender or mortgage banker, and realtors on behalf of the applicant as needed to ensure a successful loan transaction
Create personal relationships with loan applicants - offer additional information and answer questions about home mortgage products
Qualifications:
High school diploma or equivalent required; Bachelor's degree is desired
Knowledge of guidelines for loan programs and various types of loans such as FHA, commercial loans, VA, etc is an asset, but not required
Possess the intention to complete a training program to obtain NMLS/ MLO/ state license
Experience in real estate, lending institutions, credit unions, financial services, or related fields is desired, but not required
Superb relationship, sales, communication, and MS Office skills are needed
About Company
CrossCountry Mortgage (CCM) is the #1 retail mortgage lender. We have been recognized nine times on Inc. 5000's Fastest-Growing Private Companies list and have received countless 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 enterprising 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, and vision, as well as a 401(k) with an employer match. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Consumer Loan Processor
Loan specialist job in New York, NY
Job DescriptionAbout MCU:
At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.
Our Mission:
To help hard-working New Yorkers build better tomorrows
Our Vision:
Be New York's most loved financial institution by helping our members build their best financial futures
Overview:
The consumer loan processor will assist members through all aspects of the loan application lifecycle, including obtaining missing information, identify cross-sell opportunities for pre-approved credit products in addition to Gap, Mechanical breakdown protection and Debt protection.
Complete the processing and funding of all approved consumer loans including document verification, booking and loan disbursements and ensure tracking of all incoming and outgoing correspondence. Ensure adherence to laws, regulations, procedures and established service level agreements or timeframes.
Responsibilities:
Specific duties include, but are not limited to, the following:
Review credit applications for completeness and verify accuracy of application information by contacting loan applicants by phone, email or web message
Assist members by providing information and answering questions about the Credit Union, loan guidelines, eligibility requirements and loan rates.
Communicate effectively with prospective and existing members in a positive and professional manner.
Process all funding requests within established service levels
Verify all stipulations and tasks have been completed and/or present
Obtain credit reports on loan applicants
Verify all loan documents including borrower(s), loan amount, interest rate, payment, due date, disbursements and payoff information
Process, print and send out checks as needed with required statements, payoffs or other documents as needed
Troubleshoot errors in funding to ensure completion of loan
Calculate, analyze & verify all income types and documentation - employer paid, self-employed, investment & rental income, tax returns and pay stubs
Verify documents meeting outstanding loan stipulations, prepare loan documents and obtain member signatures and supporting documentation
Answer inbound phone inquiries from branch, frontline personnel and members regarding loan status, outstanding stipulations, etc to ensure proper disbursement
Maintain all processing system queues within established timeframes and service level agreements
Interact with third parties as part of the loan process including car dealerships, insurance companies and vendors
Assist other units with verification of member information and/or closing documents
Advise management of any unusual loan problems on a daily basis
Respond to workflow of internal inquiries
Reconcile pending loans daily and follow-up with members regarding status
Cross-sell MCU products and services
Perform other duties as required
Requirements:
Some college preferred.
Complete special projects as assigned by management
One to three years related experience
Possess excellent organizational ability
Proficiency in Microsoft for Windows Application
Overtime as required
Competencies:
Excellent communication and interpersonal skills.
Ability to work independently
Self-starter. High attention to detail.
Why you'll be a good fit:
Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you'll bring the following
Results - We are passionate about winning.
Agility - We proactively anticipate, respond and pivot to ensure MCU wins.
Integrity - We operate with the highest ethical standards and highest degree of honesty.
Belonging - We cultivate a culture of inclusion and teamwork.
Ownership - We take personal responsibility and hold ourselves accountable for the results.
What we can offer you:
Competitive compensation, medical and dental benefits.
401K with employer contribution
Flexible paid time off
Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location. Incentives and/or benefits packages may vary depending on the position.
Municipal Credit Union (MCU) is an Equal Opportunity Employer. Municipal Credit Union 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 applicable federal, state or local laws.
We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.
Consumer Loan Processor & Closing Specialist
Loan specialist job in Hamilton, NJ
Our goal is to hire and retain talented people with engaging personalities and exceptional work ethics. We believe in recognizing and rewarding employees who consistently perform at a high level. We offer competitive salaries based upon experience and a comprehensive benefits package upon satisfying eligibility conditions, including health and dental insurance, life insurance, short term and long term disability, and the Bank's 401k Plan.
Position Summary:
The Consumer Loan Processor & Closing Specialist works in conjunction with the Consumer Lending team to perform duties associated with the processing of and documentation for various consumer and residential mortgage loans. The Consumer Loan Processor & Closing Specialist will serve as a resource to assist with responding to inquiries and resolving problems as needed, provide prompt, courteous, and excellent customer service, and will ensure compliance with the Bank's policies, procedures, and regulatory requirements.
Essential Duties & Responsibilities:
* Must work closely with the Consumer Lending team throughout the loan process to include, but not limited to completing application packages, obtaining required credit related information, ordering credit reports, appraisals, property searches, flood searches, and other due diligence items as necessary.
* Willing to learn the Bank's loan origination system (ComplianceOne and Encompass, and any other applicable loan system) for processing documents necessary for loan package completion for various consumer loan and/or residential mortgage loan products.
* Communicate with loan applicant(s) via phone / e-mail / secure correspondence regarding, but not limited to outstanding documentation required to render a credit decision, answering applicant questions, and proactively providing status updates with the applicant(s).
* Document and review loan packages for accuracy and verify all conditions have been satisfied.
* Keep thorough documentation of the loan process from origination through closing.
* Maintain new residential & consumer loan files and ensure that the loan files contain documents with proper signatures, dates, and all relevant data.
* Coordinate closing/settlement details for all consumer and residential mortgage loans. Prepare loan closing documentation as necessary.
* Responsible for loan tasks that may include but not limited to imaging loan files, real estate tax monitoring, loan denials, tickler updates, insurance updates, collateral maintenance, and review of incoming mail for loan related items.
* Follow-up on loan documentation in a timely manner and ensure deadlines are met.
* Contact Relationship Manager/Loan Officer and/or appropriate branch personnel to coordinate loan closings.
* Check documents for proper vesting, legal descriptions, closing dates, and signatures.
* Actively communicate, cooperate, and interact effectively with other departments to advance the overall interests of the Bank.
* Monitor DocuSign mailboxes and other queues to ensure the timely receipt and processing of documents.
* Perform a variety of administrative duties requiring knowledge of departmental procedures.
* Uses office computers for data input and other activities.
* Understand and adhere to all policies and procedures.
* Assist in loan reviews, audits, and regulatory exams.
* Cross train in other areas of the Loan Department as assigned.
* Perform other duties and assist with projects as assigned.
Requirements:
To achieve success, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the level of knowledge, skill, and/or ability required.
* Minimum of two-year college degree, or prior lending background in consumer real estate compliance requirements (TRID-RESPA & REG B) and loan closing documentation, or a minimum of three years related experience and training, or equivalent combination of education and experience.
* Extremely customer-focused, positive, and professional attitude at all times.
* Team player, self-motivated, quick learner.
* Effective verbal and written communication skills.
* Ability to prioritize and complete multiple tasks within established time frames with attention to detail and the understanding of importance, accuracy, and responsiveness.
* Ability to easily adapt to new procedures, processes, and workflow.
* Knowledge of TRID- RESPA, REG B, & FNMA guidelines is a plus.
* Working knowledge of Microsoft Word, Excel, and Outlook with the ability to learn the Bank's computer-based systems.
First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ+ can apply to our company for employment opportunities.
Job Type: Full-time
Pay: From $52,500.00 per year
Benefits:
* 401(k)
* 401(k) matching
* Dental insurance
* Employee assistance program
* Flexible spending account
* Health insurance
* Health savings account
* Paid time off
* Vision insurance
Schedule:
* Monday to Friday
Work Location: In person
Mortgage Loan Processor
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
Condominium Review Specialist - Residential Mortgage
Loan specialist job in Fairfield, NJ
Responsible for evaluating and approving condominium projects for the Residential Mortgage Department in accordance with federal agency guidelines (e.g., Fannie Mae, Freddie Mac and Federal Housing Administration (“FHA”)). Ensure condominium projects meet eligibility criteria for mortgage financing and mitigate risk by identifying potential issues related to project documentation, financial stability, insurance coverage and legal compliance.
Responsibilities
Review and analyze condominium project documentation including budgets, insurance certificates, legal documents (e.g., declarations, bylaws), and meeting minutes.
Determine project eligibility based on federal agency-specific guidelines and applicable secondary market overlays.
Communicate with lenders, project managers and internal stakeholders to obtain missing or clarifying documentation.
Maintain accurate records of project reviews and decisions in the loan origination system.
Collaborate with Operations staff to ensure consistent application of agency standards.
Stay current with changes in federal agency guidelines and industry best practices.
Provide training and support to underwriting staff on condominium review procedures.
Identify and escalate complex or high-risk projects to senior staff or management.
Qualifications
HS diploma or equivalent required.
Minimum 3 - 5 years of experience in either mortgage underwriting, project view or related field.
Agency-specific condo review training or certification preferred.
Experience with agency condominium review processes (Fannie Mae, Freddie Mac, FHA, Veterans Affairs (“VA”) strongly preferred.
Proficiency in loan origination systems (“LOS”) and document management platforms strongly preferred.
MS Office proficiency required.
Familiarity with agency portals and condo review tools.
Excellent written and verbal communication skills.
WORKING CONDITIONS:
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 qualified individuals with disabilities to perform essential functions.
COMPENSATION: $65,000 to $85,000
Auto-ApplyAnalyst - Non-QM Loan Processor (Brick City Capital Divison)
Loan specialist 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.
Home Loan Specialist I
Loan specialist job in Trenton, NJ
About Us SolomonEdwardsGroup, LLC ("SolomonEdwards") is a full-service professional services firm offering financial, operational and technology consulting and operations support. We work with some of the world's most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards
Position Summary:
SolomonEdwards is looking for a Home Loan Specialist I for one of its mortgage clients to perform daily loan reviews to ensure the accuracy of loan findings. You will act as a key contributor to facilitate efficient and effective processes that support business and customer service objectives.
Position Locations:
Phoenix, AZ
Tampa, FL
St. Louis, MO
Plano, TX
Essential Duties:
- Perform routine data entry and validation tasks.
- Initiate third-party orders (title, appraisal, hazard, flood cert, credit, etc.).
- Review and validate loan documents.
- Handle routine calls, emails, and/or chat responses.
- Monitor work queues and intervene as needed.
- Perform other related duties as required and assigned.
- Demonstrate behaviors that are aligned with the organization's desired culture and values.
Qualifications:
- Associate's degree or equivalent work experience.
- Financial Services and, if possible, mortgage industry experience preferred.
- General understanding of applicable Federal, State, and Local Regulations.
Skills and Job-Specific Competencies:
- Proficiency in Microsoft Office.
Travel Requirements: No travel will be required, unless at the client's discretion.
Physical Requirements: 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 provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices.
Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to, education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $20-24.
Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k).
Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.
We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives; and to be their whole selves.
Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy.
Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise
Job Ref: 141857
### Place of Work
On-site
### Requisition ID
141857
### Application Email
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Easy ApplyLoan Servicing Representative III (Transaction Processing)
Loan specialist job in Woodbridge, NJ
How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees' experience.
POSITION OVERVIEW:
Under close supervision, this position is responsible for performing high-level maintenance and departmental audit functions on commercial loans, commercial real estate loans, construction loans, ready reserve and small business loans. This position is considered at the senior level. Incumbent performs complex routine and non-routine duties of the job. Incumbent is expected to show initiative by training less experienced staff members or take on more challenging and/or complex assignments.
KEY RESPONSIBILITIES:
Assists with managing various commercial loan servicing activities, including but not limited to application of funds, payment of real estate taxes and customer inquiries. Ensures that areas of responsibility meet required deadlines for both internal and external customers. Evaluates and resolves high priority or complex issues through communication and negotiation with customers.
Is responsible for setting up all borrower and financial information for entire portfolio of new loan closings on the appropriate Horizon and ACBS systems. Reads and interprets loan documents and approvals for verification of system accuracy. Tracks all future interest rate adjustments and verifies accuracy of system-generated letters for compliance with loan documents. Alerts management of any upcoming changes where may need special attention.
Processes all loan modifications, including extensions of maturity, interest rate adjustments, borrower transfers, etc on entire portfolio. Inputs and verifies that all modified data has been approved by Credit Committee and/or designated loan officer.
Administers real estate tax escrow disbursement report for prevention of negative escrow transactions for all loans. Directly contacts local municipalities as needed for clarification of amounts due and resolving any discrepancies regarding borrower real estate tax payments made by The Provident Bank. Responds to all borrower inquiries for reconciliation of escrow transactions. Re-analyzes escrow accounts where deficiencies are noted.
Handles entire monthly billing process, which includes assuring that all commercial account bills are generated and mailed to customers. Adheres to finest quality control standards. Contacts borrowers on returned mail items for address verification.
Processes all monetary transactions including, monthly payments, fees, payoffs, construction and commercial line/loan advances and pay-downs and performs any corrections and adjustments as warranted.
Trains new staff on Bank's policies and procedures needed to perform their respective job function.
Perform other duties as assigned by management.
MINIMUM QUALIFICATIONS:
5 - 7 years of related experience
High school diploma or GED
Interpretation of all loan documentation.
Ability to exchange information clearly and concisely and to present ideas and report facts.
Working knowledge of Horizon System, ACBS System, PC skills.
Ability to create Excel Spread Sheet and utilize formulas for creating bills and various reports.
Take ownership of workflow and resolve problems with minimal to no supervision.
Ability to multi-tasking is imperative.
Excellent communication and organizational skills.
Strong mathematical background required.
WORKING CONDITIONS
Work is typically performed in an office environment. Noise levels are usually moderate.
Prolonged sitting
Lifting from 5 to 10 lbs. (printer paper, storage boxes)
Occasional bending or overhead lifting (storing files or boxes)
The hazards are mainly those present in a normal office setting.
This may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.
Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
Pay Details:
$22.26 - $27.79 hourly
Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs.
This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.
Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.