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Loan Processor

2 months ago


White Plains, New York, United States Deraaff Capital and aj3 management Full time
Loan Processor Job Description

Deraaff Capital and aj3 management is seeking an experienced Loan Processor to join our highly productive and skilled lending team. As a Loan Processor, you will play a critical role in managing the loan process from origination to close, ensuring compliance with current lending policies and regulations.

Key Responsibilities:
  • Loan Documentation: Order property and loan documentation, such as appraisals, inspections, title searches, site surveys, contracts, and property tax records, to facilitate mortgage loan processing.
  • Loan Facilitation: Liaise between the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval.
  • Loan Package Preparation: Prepare and submit detailed loan packages to the lender underwriting department for approval or denial.
  • Financial Documentation: Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness.
  • Loan Applicant Support: Interview prospective loan applicants and assist them in finding the best loan products for their needs.
Requirements:
  • Loan Product Knowledge: FHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience required.
  • Communication Skills: Excellent written and verbal communication skills.
  • Experience: 2 years minimum experience in loan processing required.
  • Analytical Skills: Superb analytical skills, time management skills, and attention to detail.
  • Education: Accounting, finance, or business Associate's degree preferred - High school diploma or GED required.
Compensation:

$75,000