Loan Processor

1 week ago


Los Angeles, United States Reliant Capital Full time
Job DescriptionJob Description

About Reliant Capital

Reliant Capital is a leading private lending platform, serving real estate developers nationwide in the acquisition, renovation, and construction of residential real estate. Founded by a leadership team with a deep understanding and personal experience in virtually every facet of real estate development, Reliant is uniquely positioned to create custom, innovative lending solutions for a variety of real estate development business strategies.

Join us at Reliant Capital and be part of a dynamic team driving innovation and excellence in private lending. With our commitment to growth and market leadership, there's no better place to build your career.

Position Summary

Reliant is seeking a Commercial Real Estate Loan Processor with construction loan experience, to join our growing team located in Reliant's West Los Angeles office.

The Loan Processor plays an important role in ensuring loans are processed in a timely, compliant, and accurate manner. The Loan Processor works closely with Reliant team members, loan originators, sponsors, borrowers, and third-party vendors to guide contracts and loans from the application stage through to closing, and funding. The ideal candidate is collaborative, highly communicative, and has a strong desire to learn and grow professionally.

Responsibilities

  • Update loan data and documentation in our Loan Origination System (LOS) to ensure timely, accurate and detailed records.
  • Manage loan pipeline for both efficiency and compliance to internal standards and/or SLA.
  • Obtain, review, and organize files necessary for borrower entity, property, and loan documentation, including, but not limited to entity documentation, sponsor financial statements, construction budgets, plans and permits.
  • Order, review and organize third-party documentation, including property profiles, title insurance, credit reports, tax transcripts, credit supplements, property questionnaires, subordination requests, and title work.
  • Facilitate and support interactions between Sponsor applicants, loan officers, agents, and underwriters toward a timely approval, closing and funding.
  • Recommend and implement best practices as part of Reliant’s dedication to creating an industry-leading customer experience.

Qualifications

  • Experience in both Residential Construction and commercial CRE operations, risk assessment and QC, preferably in a financial services or lending institution
  • Familiarity with business purpose and/or construction loan underwriting
  • Good knowledge of operational risk and loan processing workflows
  • Exceptional attention to detail and adherence to internal standards
  • Strong interpersonal and written communication skills
  • Proficiency in financial software tools, including standard LOS and servicing platforms

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