Loan specialist jobs in New Rochelle, NY - 83 jobs
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Loan Servicer II - C & I, AT
Apple Bank 4.8
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
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Mortgage Closer
Collabera 4.5
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
Senior Mortgage Loan Processor
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 Processing Manager
Type: Full-Time; Hybrid NYC (in office Mon-Wed, remote Thurs-Friday)
About the role:
At Tomo, we're on a mission to make the homebuying process simple, transparent, and memorable. Our Loan Processors are trusted guides for customers, helping them navigate from application through closing with confidence and clarity.
As a Senior Loan Processor, you'll be responsible for a heavier pipeline than our standard processor role without sacrificing quality. You'll take on increased volume while remaining committed to our core value of omotenashi: proactively anticipating and satisfying customer needs to deliver an exceptional experience. We're looking for someone who excels at managing a high volume of purchase applications simultaneously while maintaining a relentless focus on on-time closes. If you have a proven track record of managing a heavy workload with on-time closes, you'll be a great fit to help shape the future of mortgage lending.
What You'll Do:
* Serve as the primary point of contact for customers from processing through closing, keeping them informed and supported
* Manage a high volume of loan files proactively, completing all processing, pre-underwriting, and pre-closing tasks with care and accuracy
* Review and verify documentation including credit, appraisal, and title for compliance with investor guidelines
* Partner with agents to gather required information and keep them updated on the status of applications
* Submit complete, high-quality files to underwriting while consistently meeting service-level targets
* Assist with post-closing follow-ups to ensure a seamless customer experience
* Identify opportunities to improve our processes and technology, and collaborate with teammates across functions to bring ideas to life
* Offer support and clear answers to any questions pertaining to closing
What Makes You a Great Fit:
* Strong understanding of the mortgage lending process
* Ability to handle a high volume of purchase applications simultaneously in a fast paced environment - on time close is very important to us!
* Strong written and verbal communication with a phone-first mentality
* Strong performance in team environments
* A voice as to how we can improve our processes and tech
* Detail orientation with a strong focus on quality
* Superior customer centricity
Preferred Qualifications:
* 2+ years of mortgage loan processing experience, specifically in purchase transactions
* 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
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
On Target Compensation for this role is $125,000 per year depending on performance. This includes both base salary and variable compensation. There is also potential to earn above this with top performance on the team!
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
$125k yearly Auto-Apply 6d ago
Student Loan Coordinator
Yeshiva University 4.6
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 43d ago
Loan Processor
Wealthfront 4.6
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
Manages a full pipeline of assigned loans, driving files from disclosures signed through closing.
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 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 mortgage processing experience in a retail environment
Mortgage Loan Originator License, Company will sponsor for the right candidate
Knowledge of Conventional Conforming and Jumbo guidelines
Experience in the non-delegated space
Understanding of state and federal lending regulations
Extensive knowledge and understanding of customer service and intrapersonal best practices
Estimated annual salary range: $56,000 - $70,000 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.
$56k-70k yearly Auto-Apply 60d+ 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 20d ago
Loan Servicing Representative III (Consumer)
Provident Bank 4.7
Loan specialist job in Ridgefield, NJ
How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees' experience.
POSITION OVERVIEW:
Under close supervision, this position is responsible for performing high-level maintenance and departmental audit functions on commercial loans, commercial real estate loans, construction loans, ready reserve and small business loans. This position is considered at the senior level. Incumbent performs complex routine and non-routine duties of the job. Incumbent is expected to show initiative by training less experienced staff members or take on more challenging and/or complex assignments.
KEY RESPONSIBILITIES:
Assists with managing various commercial loan servicing activities, including but not limited to application of funds, payment of real estate taxes and customer inquiries. Ensures that areas of responsibility meet required deadlines for both internal and external customers. Evaluates and resolves high priority or complex issues through communication and negotiation with customers.
Is responsible for setting up all borrower and financial information for entire portfolio of new loan closings on the appropriate Horizon and ACBS systems. Reads and interprets loan documents and approvals for verification of system accuracy. Tracks all future interest rate adjustments and verifies accuracy of system-generated letters for compliance with loan documents. Alerts management of any upcoming changes where may need special attention.
Processes all loan modifications, including extensions of maturity, interest rate adjustments, borrower transfers, etc on entire portfolio. Inputs and verifies that all modified data has been approved by Credit Committee and/or designated loan officer.
Administers real estate tax escrow disbursement report for prevention of negative escrow transactions for all loans. Directly contacts local municipalities as needed for clarification of amounts due and resolving any discrepancies regarding borrower real estate tax payments made by The Provident Bank. Responds to all borrower inquiries for reconciliation of escrow transactions. Re-analyzes escrow accounts where deficiencies are noted.
Handles entire monthly billing process, which includes assuring that all commercial account bills are generated and mailed to customers. Adheres to finest quality control standards. Contacts borrowers on returned mail items for address verification.
Processes all monetary transactions including, monthly payments, fees, payoffs, construction and commercial line/loan advances and pay-downs and performs any corrections and adjustments as warranted.
Trains new staff on Bank's policies and procedures needed to perform their respective job function.
Perform other duties as assigned by management.
MINIMUM QUALIFICATIONS:
5 - 7 years of related experience
High school diploma or GED
Interpretation of all loan documentation.
Ability to exchange information clearly and concisely and to present ideas and report facts.
Working knowledge of Horizon System, ACBS System, PC skills.
Ability to create Excel Spread Sheet and utilize formulas for creating bills and various reports.
Take ownership of workflow and resolve problems with minimal to no supervision.
Ability to multi-tasking is imperative.
Excellent communication and organizational skills.
Strong mathematical background required.
WORKING CONDITIONS
Work is typically performed in an office environment. Noise levels are usually moderate.
Prolonged sitting
Lifting from 5 to 10 lbs. (printer paper, storage boxes)
Occasional bending or overhead lifting (storing files or boxes)
The hazards are mainly those present in a normal office setting.
This may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.
Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
Pay Details:
$22.26 - $27.79 hourly
Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs.
This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.
Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
$22.3-27.8 hourly 7d ago
Mortgage Loan Processor
Omni Mortgage 3.6
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 27d 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
International Stock Loan Consultant
Linium Resources 3.5
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:
o International securities lending settlement practices
o 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
• Strong programming skills
• High proficiency level in basic computer applications including Excel and Access
• 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. 60d+ ago
Loan Servicing Representative III (Consumer)
Provident Financial Services 4.5
Loan specialist job in Ridgefield, NJ
How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees' experience.
POSITION OVERVIEW:
Under close supervision, this position is responsible for performing high-level maintenance and departmental audit functions on commercial loans, commercial real estate loans, construction loans, ready reserve and small business loans. This position is considered at the senior level. Incumbent performs complex routine and non-routine duties of the job. Incumbent is expected to show initiative by training less experienced staff members or take on more challenging and/or complex assignments.
KEY RESPONSIBILITIES:
* Assists with managing various commercial loan servicing activities, including but not limited to application of funds, payment of real estate taxes and customer inquiries. Ensures that areas of responsibility meet required deadlines for both internal and external customers. Evaluates and resolves high priority or complex issues through communication and negotiation with customers.
* Is responsible for setting up all borrower and financial information for entire portfolio of new loan closings on the appropriate Horizon and ACBS systems. Reads and interprets loan documents and approvals for verification of system accuracy. Tracks all future interest rate adjustments and verifies accuracy of system-generated letters for compliance with loan documents. Alerts management of any upcoming changes where may need special attention.
* Processes all loan modifications, including extensions of maturity, interest rate adjustments, borrower transfers, etc on entire portfolio. Inputs and verifies that all modified data has been approved by Credit Committee and/or designated loan officer.
* Administers real estate tax escrow disbursement report for prevention of negative escrow transactions for all loans. Directly contacts local municipalities as needed for clarification of amounts due and resolving any discrepancies regarding borrower real estate tax payments made by The Provident Bank. Responds to all borrower inquiries for reconciliation of escrow transactions. Re-analyzes escrow accounts where deficiencies are noted.
* Handles entire monthly billing process, which includes assuring that all commercial account bills are generated and mailed to customers. Adheres to finest quality control standards. Contacts borrowers on returned mail items for address verification.
* Processes all monetary transactions including, monthly payments, fees, payoffs, construction and commercial line/loan advances and pay-downs and performs any corrections and adjustments as warranted.
* Trains new staff on Bank's policies and procedures needed to perform their respective job function.
* Perform other duties as assigned by management.
MINIMUM QUALIFICATIONS:
* 5 - 7 years of related experience
* High school diploma or GED
* Interpretation of all loan documentation.
* Ability to exchange information clearly and concisely and to present ideas and report facts.
* Working knowledge of Horizon System, ACBS System, PC skills.
* Ability to create Excel Spread Sheet and utilize formulas for creating bills and various reports.
* Take ownership of workflow and resolve problems with minimal to no supervision.
* Ability to multi-tasking is imperative.
* Excellent communication and organizational skills.
* Strong mathematical background required.
WORKING CONDITIONS
Work is typically performed in an office environment. Noise levels are usually moderate.
* Prolonged sitting
* Lifting from 5 to 10 lbs. (printer paper, storage boxes)
* Occasional bending or overhead lifting (storing files or boxes)
* The hazards are mainly those present in a normal office setting.
This may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.
Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
Pay Details:
$22.26 - $27.79 hourly
Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs.
This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.
Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
$22.3-27.8 hourly 14d ago
Mortgage Loan Processor
Gorascal
Loan specialist job in New York, NY
Job Description
This isn't your average loan processor role. At GoRascal, our Loan Partners are true collaborators and problem solvers who drive the file forward while keeping every stakeholder informed and supported. You'll act as the central point of contact across the loan lifecycle, proactively identifying potential roadblocks, managing timelines, and ensuring every file is clean, complete, and ready for submission.
You'll work side-by-side with top-producing loan officers to deliver high-touch service, guide borrowers with confidence, and create a clear and easy path to closing.
Compensation- $63,400+ depending on experience, with opportunity for growth
As we continue to grow, we're looking for a motivated and communicative Mortgage Loan Processor (Loan Partner) who is obsessed with getting loans to the finish line-and making the process feel seamless and empowering for clients.
Compensation:
$63,400+
Responsibilities:
File Ownership: Accurately calculate income, assets, and structure loans in compliance with agency and investor guidelines. Stack and submit clean, complete files to underwriting.
Communication Hub: Proactively communicate with borrowers, real estate agents, underwriters, and attorneys. Provide timely, consistent updates to all parties-anticipating questions before they arise.
Proactive Pipeline Management: Own your pipeline by following up on outstanding items, anticipating UW conditions, and requesting needs from all parties to meet all deadlines, and keeping every file moving smoothly toward closing.
Condition Collection: Request and obtain loan conditions from borrowers with clear, supportive communication. Make it easy for borrowers to understand what's needed and why.
Team Collaboration: Partner with loan officers to ensure proper loan structuring and alignment with borrower goals. Raise red flags early and offer solutions.
Customer Experience: Deliver an exceptional borrower experience with a sense of urgency, empathy, and ownership. Treat every file as if it were your own home loan.
Qualifications:
2+ years of experience as a Loan Processor, Loan Partner, Loan Officer Assistant, or Loan Officer
Strong understanding of agency guidelines (Fannie Mae, Freddie Mac, FHA, VA); broker channel experience preferred
Proficiency in DU, LP, and calculating income and assets across various borrower profiles
Highly organized and dependable; you excel at juggling multiple files without losing attention to detail
Clear, concise, and warm communicator who keeps stakeholders informed without being prompted
A proactive problem-solver who foresees potential delays and takes initiative to avoid them
Customer-obsessed with a passion for making the loan process easier, smoother, and more transparent
Licensed MLO (or willingness to become licensed) is a plus
What You'll Love About This Role:
Be a core part of a high-growth, mission-driven mortgage team
Gain exposure to a wide variety of loan scenarios and borrower needs
Collaborate with top-producing loan officers in a fast-moving, respectful environment
Grow your knowledge and become a true subject matter expert-one loan at a time
Join a company that deeply values communication, ownership, and professional development
About Company
GoRascal is a New York City-based mortgage brokerage that's building the happiest home for loan officers. In 2023, we ranked 13th in the country for loan volume-and we're just getting started. We live and breathe our core values of radical communication, dependability, and building expertise. Our mission is to create a second-to-none mortgage experience by developing subject matter experts who provide clarity, confidence, and speed to every borrower we serve.
In 2023, we welcomed over 100 loan officers to our team.
$63.4k yearly 6d 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
Loan IQ Consultant - CTB
Phaxis
Loan specialist job in New York, NY
Looking for a hands-on Loan IQ Specialist with some accounting background to assist with the implementation of Loan IQ and related project deliverables. The position sits in the Finance Change the Bank Group and will focus on Finance related aspects of the implementation. The position will support and interact with Product Control, Accounting, Treasury, IT, Project Management and Operations. The job requires implementing best practices and streamlining workflows and reporting. The position will assist in the implementation of the Finance Target Operating Model and will require end-to-end testing of the model ensuring controls are in place. Knowledge of Loan IQ data elements to be able to provide IT with enough requirements to write reports. Understanding current pain points and deficiencies with ability to provide solutions for improvement. Level of experience should be at a minimum equivalent to Vice President and candidate should have experience with Loan IQ Implementations.
To work on the Finance implementation of Loan IQ. Specific responsibilities include but are not limited to the following:
7-10+ years of experience required.
5-7+ years'experience is specifically related to Loan IQ experience -they can have more years of overall Finance/Accounting experience.
Business Requirements Documentation.
Hands-on experience using Loan IQ (preferably been involved in Loan IQ implementations) with ability to execute a wide range of transactions.
Defining Target Operating Model.
Working closely with Finance, Technology, Program Management, and Operations on program deliverables.
Test case creation/Validation of test cases.
Working with Finance owners on execution of test cases.
Raising risks/issues/dependencies.
Production Release Support.
$40k-57k yearly est. 17d ago
Loan Processor
Crosscountry Mortgage 4.1
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. 60d+ ago
Student Loan Coordinator
Apex Technical School 4.0
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. 31d 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. 1d ago
Mortgage Loan Officer
Kearny Bank 4.4
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 60d+ ago
Mortgage Loan Processor
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.
Mortgage Loan Processor
Location: New York, NY
Reports To: Loan Processing Manager
Type: Full-Time; Hybrid (in office Mon-Wed, remote Thurs-Friday)
About the role:
At Tomo, we're on a mission to make the home buying process simple, transparent, and memorable. Our Loan Processors are trusted guides for customers, helping them navigate from application through closing with confidence and clarity.
We're looking for resourceful teammates who are proactive in managing pipelines, attuned to customer needs, and excited about using technology to transform the mortgage experience. If you've ever wished you could help modernize the tools and systems in mortgage lending, this is your chance to shape the future.
What You'll Do:
* Serve as the primary point of contact for customers from processing through closing, keeping them informed and supported
* Manage loan files proactively, completing all processing, pre-underwriting, and pre-closing tasks with care and accuracy
* Review and verify documentation including credit, appraisal, and title for compliance with investor guidelines
* Partner with agents to gather required information and keep them updated on the status of applications
* Submit complete, high-quality files to underwriting while consistently meeting service-level targets
* Coordinate closings and assist with post-closing follow-ups to ensure a seamless customer experience
* Identify opportunities to improve our processes and technology, and collaborate with teammates across functions to bring ideas to life
* Walk customers through their Closing Disclosure, offering support and clear answers to their questions
What Makes You a Great Fit:
* Understanding of the mortgage lending process
* Ability to handle multiple purchase applications simultaneously in a fast paced environment - On time close is very important to us!
* Strong written and verbal communication with a phone-first mentality
* Strong performance in team environments
* A voice as to how we can improve our processes and tech
* Detail orientation with a strong focus on quality
* Superior customer centricity
Preferred Qualifications:
* 2+ years of mortgage loan processing experience, specifically in purchase transactions
* 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
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.
#zr
#LI-Hybrid
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
$48k-68k yearly est. Auto-Apply 6d ago
Loan Processor
Crosscountry Mortgage 4.1
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
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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 ***************************
How much does a loan specialist earn in New Rochelle, NY?
The average loan specialist in New Rochelle, NY earns between $24,000 and $84,000 annually. This compares to the national average loan specialist range of $26,000 to $68,000.
Average loan specialist salary in New Rochelle, NY