Loan Processor

Sound, LLC

  • GILBERT AZ, AZ
  • 6 days ago
  • Full-time
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Skills

  • Analysis Skillsunmatched
  • Background Investigationunmatched
  • Brokerageunmatched
  • Budgetingunmatched
  • Business Loansunmatched
  • Capital Equipmentunmatched
  • Cash Flowunmatched
  • Commercial Real Estateunmatched
  • Communication Skillsunmatched
  • Construction Administrationunmatched
  • Construction Drawingsunmatched
  • Construction Inspectionunmatched
  • Customer Relationship Management (CRM)unmatched
  • Customer Relationship Management (CRM) Systemsunmatched
  • Dental Insuranceunmatched
  • Detail Orientedunmatched
  • Disbursementsunmatched
  • Document Managementunmatched
  • Documentationunmatched
  • Escrowunmatched
  • File Managementunmatched
  • Financial Analysisunmatched
  • Fundingunmatched
  • Health Insuranceunmatched
  • High School Diplomaunmatched
  • Insuranceunmatched
  • Liensunmatched
  • LifeTime Value (LTV)unmatched
  • Liquidityunmatched
  • Loan Conditionsunmatched
  • Loan Originationunmatched
  • Loan Policyunmatched
  • Loan Processingunmatched
  • Loan Regulationsunmatched
  • Loan Submissionunmatched
  • Loan Underwritingunmatched
  • Loansunmatched
  • Metricsunmatched
  • Microsoft Excelunmatched
  • Microsoft Officeunmatched
  • Mortgage Lendingunmatched
  • Organizational Skillsunmatched
  • Post Closingunmatched
  • Property Rentalsunmatched
  • Record Keepingunmatched
  • Regulatory Complianceunmatched
  • Small Businessunmatched
  • Time Managementunmatched
  • Underwritingunmatched
  • Vision Planunmatched

Description

Benefits:
  • 401(k) matching
  • Competitive salary
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

We are seeking an experienced Small Business Hard Money Loan Processor to manage business-purpose loan files from application through funding. The ideal candidate is organized, detail-oriented, and experienced in coordinating with borrowers, brokers, underwriters, title companies, attorneys, and other parties to ensure accurate, compliant, and timely closings.


Responsibilities


  • Manage loan files from application through underwriting, closing, funding, and post-closing.
  • Review loan applications for completeness, accuracy, and eligibility.
  • Collect, verify, and organize borrower and business documentation.
  • Analyze borrower financial information, including cash flow, debt, liquidity, credit, collateral, and repayment ability.
  • Calculate key metrics such as debt-service coverage ratio, debt to income ratio, LTV, and CLTV.
  • Order title reports, insurance, lien searches, background checks, and other third-party reports.
  • Identify missing documentation and submit complete loan packages to underwriting.
  • Communicate loan conditions and follow up with borrowers and brokers to satisfy outstanding requirements.
  • Coordinate closings with title companies, escrow officers, attorneys, and insurance providers.
  • Review closing documents and confirm all approval conditions are met before funding.
  • Maintain accurate records in the loan origination system, CRM, and document management platform.
  • Track loan pipelines and ensure deadlines and closing dates are met.
  • Follow company policies and lending regulations, including fraud prevention and compliance requirements.
  • Assist with post-closing activities, including trailing documents, collateral files, recorded instruments, payoff requests, collections, reconveyances, and construction draw administration.
Qualifications


  • Minimum two years of loan processing experience, preferably in private lending, hard money, or small-business lending.
  • Experience processing business-purpose loans such as fix-and-flip, bridge, rental property, commercial real estate, working capital, or equipment-secured loans.
  • Knowledge of business entities, including LLCs, corporations, partnerships, trusts, and personal guarantees.
  • Experience coordinating multi-state transactions.
  • Understanding of asset-based underwriting, title, liens, insurance, appraisals, and closing requirements.
  • Familiarity with fraud prevention, and lending compliance standards.
  • Experience working with brokers, borrowers, title companies, and closing attorneys.
  • Knowledge of construction draws, inspections, budgets, lien waivers, and disbursement tracking is preferred.
  • Strong organizational, analytical, and communication skills with exceptional attention to detail.
  • Proficiency with Microsoft Office, Excel, loan origination systems, CRM software, and electronic document management.
  • Ability to manage multiple deadlines while handling confidential information professionally.
  • High school diploma or equivalent required.
  • Notary and/or NMLS license preferred but not required.
Benefits


  • Competitive compensation
  • Medical, dental, and vision insurance
  • Paid vacation, holidays, and sick leave
  • Retirement plan with employer contribution
  • Opportunity to play a key role in helping small businesses and real estate investors secure financing

Numbers & Facts

LocationGILBERT AZ, AZ
Job TypeFull-time

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