Commercial Loan Processor

Commercial Loan Processor

Location: Scripps Ranch, CA 92131

Hours: Monday - Friday 8:00am - 5:00pm

Pay: $25 - $28/hr DOE

Duration: 3-months, with the possibility to be extended or go permanent based on performance and business needs

***Must be able to pass a pre-employment background check, drug screen, credit check, and bond ability check

A credit union is looking for Commercial Loan Processors to join their team. The primary role is to coordinate all activities related to the packaging and documentation of loan files while facilitating the funding of loan transactions. Responsible for preparing loan application packages for review and final underwriting by the 1st VP Member Business Lending and AVP Credit Manager. Upon loan approval, prepares loan documents for loan closing. Provides support to the loan origination staff and will work under minimal supervision.

Primary Job Duties:

·Manage real estate loan prequalification's

·Manage loan application process

·Structure borrower loans

·Regulate and enforce compliance

·Verify borrower documents

·Coordinate with underwriters

·Price mortgage products

·Ensure projects are completed on time

·Manage the phone queue

·Additional duties as assigned

Qualifications:

·3+ years of mortgage loan processing experience

·Experience with FNMA Desktop Underwriter

·Must be registered with the NMLS

·High School Diploma

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance.