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Loan Processor - NOT A REMOTE Position

Sherman Oaks, Ca
This Lender is rapidly becoming one of the largest private money lenders for non-owner occupied commercial and residential properties in the United States. Brokers and real estate professionals love working with us because we offer competitive purchase, refinance, and rehab loans nationwide to real estate professionals.

POSITION SUMMARY:

The Loan Processor will be responsible for the entire end-to-end mortgage loan process. Process, document, and close commercial real estate, loan transactions. The processor will be the main point of contact for a borrower or broker, as well as the closing agents, and other outside contacts. Additionally, the processor acts as a liaison between the internal teams such as sales and underwriting.

REQUIRED SKILLS:

Ability to analyze all relevant information in order to assess credit risk and ensure loan requests meet guidelines. Ability to review and validate appraisal data to ensure that properties meet underwriting standards.
  • Review each loan file; verify and ensure accuracy and completeness before submitting to underwriting
  • Maintain constant communication with the borrower
  • Work closely with LO’s, underwriting, and closing departments to assist in moving loans through underwriting and to close
  • Work closely with LO’s, underwriters, and closers to assist in moving loans forward
  • Collect documentation from borrowers, title/escrow, insurance companies as well as other outside contacts
     
QUALIFIED CANDIDATES MUST HAVE:
  • A minimum of 5 years of Processing experience
  • The ability to handle multiple tasks while meeting daily deadlines
  • Strong organizational skills
  • Excellent verbal and written communication skills
  • Excellent Analytical skills
  • High School Diploma: Bachelor’s degree preferred
     
Why work at Patch of Land?
  • We have a full Marketing team that provides our Loan Officers high-quality leads and support
  • We have Transaction Coordinators to assist Loan Officers in pushing loans to Underwriting
  • We have the great team culture of a growing, venture-backed FinTech startup
  • Work at the cross-roads of Finance, Real Estate, and Technology – learning the other parts of our business is encouraged
  • Culture of rewarding results
  • We have excellent benefits
Equal Opportunity Employer.

Amazing Benefits
  • Full Benefits Package
  • Health Care: Medical, Dental, & Vision coverage with PPO and HMO options
  • 100% paid for Employee and 25% paid for all Dependents
  • FSA, EAP, Legal Shied Insurance, and more
  • 401k plan
  • 9 Paid days off for the following holidays: New Year’s Day, Memorial Day, Martin Luther King Day, Independence Day, Labor Day, Veterans Day, Thanksgiving Day and the day after, and Christmas Day.
  • 10 Paid vacation days (more with tenure)
  • 6 Paid sick days
     
THIS IS NOT A REMOTE ROLE

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