Commercial Mortgage Processor
4 weeks ago
We are seeking a highly organized and detail-oriented Commercial Mortgage Processor to fill a key role in our team. The ideal candidate will have experience in processing various types of commercial mortgages including mix-use, bridge, construction, fix and flip, and ground-up loans. This role requires strong analytical skills, attention to detail, and the ability to manage multiple tasks simultaneously.
Key Responsibilities:- Loan Application Review: Review loan applications and documentation for completeness and accuracy.
- Stakeholder Coordination: Coordinate with borrowers, loan officers, underwriters, and other stakeholders to gather necessary information and documentation.
- Loan File Preparation: Prepare loan files for underwriting review.
- Regulatory Compliance: Ensure compliance with regulatory requirements and company policies.
- Effective Communication: Communicate effectively with all parties involved in the loan process to ensure timely and efficient processing.
- Third-Party Vendor Management: Work closely with title companies, appraisers, and other third-party vendors to facilitate loan closings.
- Record Keeping: Maintain accurate and up-to-date records in the loan processing system.
- Support and Collaboration: Provide support to loan officers and underwriters as needed.
- Industry Knowledge: Keep abreast of industry trends and best practices in commercial mortgage lending.
- Commercial Mortgage Experience: Minimum of 5 years of experience in commercial mortgage processing.
- Technical Skills: Proficiency in Microsoft Office Suite and loan processing software.
- Product Knowledge: Strong knowledge of commercial mortgage products including mix-use, bridge, construction, fix and flip, and ground-up loans.
- Communication and Interpersonal Skills: Excellent communication and interpersonal skills.
- Task Management: Ability to prioritize tasks and meet deadlines in a fast-paced environment.
- Attention to Detail: Attention to detail and accuracy.
- Regulatory Knowledge: Knowledge of regulatory requirements and compliance standards related to commercial mortgage lending.
- Certification: Certification in mortgage processing or related field is a plus.
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