The successful candidate for this position will be ambitious, personable and capable of delivering exceptional results. The ability to work under pressure and meet critical milestone dates to enable on-time loan closings is a quality valued highly in our organization. The Loan Processor must possess exceptional logical, reasoning and judgment capabilities combined with a very team-oriented and customer-centric approach to daily activities.
ESSENTIAL JOB FUNCTIONS:
Ensures the timely and accurate packaging of all loans originated by Business Development Managers.
Acts as the sole point of contact to the customer after the loan application has been accepted and completed by the Business Development Manager.
Gathers loan application supporting documentation as required to expedite the business purpose loan from initial intake to closing. Orders property appraisals, organize and assess flood and tax certificates, credit reports and title insurance.
Coordinates transaction via regular communication with sellers, clients, escrow agents, title companies and real estate agents to acquire supplementary documentation as required.
Accountable for the accurate and timely input of loan information into CALCAP Lending’s system for processing (Encompass).
Ensures that all loan documentation is complete accurate verified and complies with company policy.
Verifies content of loan documents including income, credit, appraisal and title insurance ultimately preparing an application for submittal to underwriting.
Reviews file documentation and validate that all items needed are requested. Validating loan documents will include assessment of income credit and preparation of all anticipated underwriting conditions to enable accelerated approval cycle times consistent with private money lending.
Meet the crucial deadlines requested. Perform any additional duties/activities assigned by management.
Exceptional interpersonal skills relating to good customer service
Proficiency in making use of loan-related applications and demonstrated proficiency in the use of the CALCAP’s loan origination system (Encompass).
Motivated, outgoing personality requiring minimal direction
Excellent computer literacy and outstanding knowledge of credit financial analysis and procedures
Ability to prioritize and manage multiple tasks
Ability to produce accurate, detailed, high-quality work
Willingness to submit to a background check and drug screen