Loan Processor

2 weeks ago


MagstattleBas, Grand Est, United States NorthMarq Full time
Unlock Your Potential as a Loan Processor at Northmarq

At Northmarq, we're committed to fostering inclusive teams and providing best-in-class training to help you grow in your career. As a Loan Processor, you'll play a vital role in transitioning loan requests from our Screening Team to our Underwriting Team, ensuring outstanding client service and streamlining the transaction process.

Key Responsibilities:

Transaction Setup and Communication:
  • Establish a collaborative workspace on Microsoft Teams to enhance teamwork and document sharing.
  • Manage Salesforce deal records, ensuring accurate and updated information for internal monitoring and reporting.
  • Organize the active deal file tree, transferring documents from Prospective Loan File to DUS Loan Files.
  • Coordinate and distribute call invitations via Microsoft Outlook and Teams.
Third-Party and Vendor Management:
  • Gather proposals from third-party vendors (Engineering, Environmental, Appraisals, Zoning reports).
  • Prepare and distribute engagement letters through DocuSign upon agreement on pricing.
  • Facilitate property inspections, coordinating schedules for the Underwriter, Analyst, and vendors.
  • Email due diligence items to vendors and engage outside counsel, filing initial documentation in the active loan file tree and Teams.
  • Engage Insurance and Tax Reviewers, providing necessary information.
  • Monitor due dates for third-party reports, ensuring timely communication with vendors.
  • Save draft third-party reports to appropriate folders, notifying the underwriting team, and updating Microsoft Teams with the latest information.
Data Collection Policy Enforcement:
  • Participate in kick-off calls for new transactions.
  • Create and finalize the Contact List.
  • Retrieve and review credit reports, public searches, Applicant Experience Checks, FHFA checks, OFAC, HUD-LDP, and EPLS during the initial stage, addressing issues with the Underwriter and Analyst.
Additional Responsibilities:
  • Track transaction expenses in Salesforce and submit invoices for payment.
  • Support departmental projects and take on additional duties as the department expands.
Requirements:
  • A four-year college degree is preferred; familiarity with Fannie Mae or Freddie Mac multifamily loan programs through work experience is a plus.
  • Strong computer skills, proficiency in Microsoft Office (Word, Excel, Teams), and aptitude for Adobe and database applications.
  • Customer service-oriented with strong teamwork and partnering skills.
  • Excellent organizational and multitasking abilities, with the ability to work independently with minimal supervision.
  • Effective oral and written communication skills.
  • Strong problem-solving skills and the ability to prioritize and meet deadlines.
  • Ability to handle sensitive and confidential information.
  • Positive attitude, and a team player who actively seeks to increase your knowledge to become a more integral part of the process.
Benefits:
  • Medical, dental, vision, paid time off, 401K match, and an annual discretionary contribution based on business performance.
  • Paid parental leave and adoption assistance.
  • Education assistance.
  • Volunteer paid time off.
  • Charitable contribution match.

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