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Loan Processor

2 months ago

Louisville, United States Thrive Full time
Job DescriptionJob Description


At MM Lending, we pride ourselves on delivering exceptional lending services with accuracy and efficiency. We are currently seeking a Loan Processor who embodies these characteristics.

Job Description:

As a Loan Processor at MM Lending, you will leverage your exceptional technical knowledge and meticulous attention to detail to process loan applications accurately and efficiently. You will be responsible for verifying and analyzing loan documentation, ensuring compliance with industry standards, and maintaining accurate records. Your ability to understand complex information and convey it succinctly will be crucial in this role. 

Key Responsibilities:

  • Assist in obtaining data from the borrower, including purchase contracts, repair scopes, budgets, and other relevant information specific to property flipping and rental investments.
  • Analyze credit reports, income documentation, and financial statements.
  • Ensure compliance with all regulatory and company standards.
  • Prepare, review and verify customized loan documents for accuracy and completeness.
  • Maintain detailed and accurate records of all loans.
  • Collaborate with underwriters and other team members to facilitate loan processing.
  • Initiate and follow up on title and appraisal orders to obtain reports within set deadline.
  • Coordinate closing dates and times with borrowers and title companies.
  • Process required releases upon receipt of payoffs.

Desired Attributes:

  • Quick and proactive in areas of expertise.
  • Book-smart with a relentless pursuit of knowledge.
  • Quick and data-driven communication style.
  • Prefers structured environments and processes

Qualifications:

  • Bachelor’s degree in finance, accounting, or a related field.
  • Proven experience as a loan processor or in a similar technical role.
  • Strong analytical skills and attention to detail.
  • Excellent knowledge of loan processing procedures and regulations.
  • Ability to communicate technical information clearly and concisely.
  • Proficiency in loan processing software and MS Office applications.
  • High degree of accuracy and commitment to excellence.
  • Ability to work independently and manage multiple tasks simultaneously.

What We Offer:

  • Competitive salary and benefits package.
  • Opportunities for professional development and growth.
  • A supportive and collaborative work environment.
  • Recognition and rewards for exceptional performance.

MM Lending is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Join us at MM Lending and become a valued member of a team where your technical expertise is recognized and rewarded