Loan Processor

Job Summary Join our dynamic financial services team as a Loan Processor, where your expertise will drive the seamless processing of mortgage and loan applications. In this vital role, you will coordinate with loan officers, underwriters, and clients to ensure accurate and timely loan approval processes. Your attention to detail and knowledge of lending parameters will help us deliver exceptional service while maintaining high closing rates. This position offers an exciting opportunity to be at the heart of the mortgage lifecycle, supporting investor clients through every step of the funding process. Duties Review and verify loan documentation to ensure completeness and accuracy in accordance with lender guidelines and other regulatory standards Prepare and submit loan packages for underwriting approval, ensuring all necessary information is included Communicate with borrowers, real estate agents, and lenders to gather additional documentation or clarification as needed Conduct credit analysis and assess borrower financial information to determine loan eligibility Coordinate with mortgage servicing teams to facilitate escrow setup, payoff statements, and loan disbursements Maintain detailed records of all processing activities, including contracts, disclosures, and correspondence Utilize basic math skills and 10-key typing proficiency to accurately process figures and input data into systems Support loan origination processes by preparing contracts, disclosures, and other legal documents Experience Proven experience in loan processing within the financial services or mortgage industry Familiarity with lender guidelines, underwriting procedures, and mortgage servicing practices Prior loan officer experience is highly desirable for understanding client needs and application flow(but not required) Strong credit analysis skills combined with a solid understanding of escrow processes and basic math principles Demonstrated ability to handle multiple tasks efficiently while maintaining attention to detail in a fast-paced environment Proficiency in using mortgage processing software, along with excellent typing skills (10-key) Join us to be part of a dedicated team committed to delivering excellence in mortgage lending! Your expertise will help clients achieve their financing goals while ensuring our processes are compliant, efficient, and customer-focused.

Pay:

$25.00 - $37.50 per hour

Benefits:

Flexible schedule Professional development assistance

Work Location:

Hybrid remote in Plainview, NY 11803