Loan Processor

Full Time
Westport, CT 06880
Posted
Job description

Job Description: Account Manager (Loan Processor)

Location: Westport, CT Office (in House ONLY)

Lendmarq is a specialty real estate lender providing bridge and term loan products to residential real estate investors throughout the country. As a professional Account Manager (Loan Processor), your abilities to manage the loan process from lead to closing, use detailed workflows, and communicate with stakeholders are your keys to success.

Essential Responsibilities

  • Manage the real estate loan process from inception to closing using detailed workflows
  • Supervise all administrative roles for borrower and seller transactions from contract to close
  • Aid real estate agents, clientele, and other stakeholders’ requisite paperwork and ensure the completion of all closing documentation
  • Responsible for interfacing and communicating with stakeholders to ensure processing and underwriting tasks are being done timely and accurately
  • Coordinate timelines with borrower’s title companies, insurance agents to obtain necessary information
  • Understand loan documents, mortgage process and loan origination system to effectively manage workflows
  • Track all outstanding items with stakeholders to ensure timely receipt of necessary documentation
  • Maintain effective communication on loan status with partners
  • Assist leadership with the preparation and distribution loan level data
  • Identify and communicate risks and learn pitfalls to avoid when working through loan files
  • Maintain a high level of confidentiality and security while handling personal information; verbal and/or written documentation
  • Communicate clearly

Experience and Training

  • Two-year college degree preferred
  • Two years of Loan Processing or loan industry experience required
  • Working knowledge of real estate lending
  • Proficient with MS Office including Excel and Word

Knowledge, Skills, and Abilities

  • Must be able to make good decisions and meet deadlines
  • Ability to write accurate reports and documents; holds self to a high level of quality
  • Must be self-motivated and enthusiastic to obtain personal and company goals
  • Ability to stay organized to easily retrieve information and documents as needed
  • Flexibility to adapt to peak periods of heavy workload and pressure

Lendmarq is an equal opportunity employer

Job Type: Full-time

Benefits:

  • 401(k)
  • Employee discount
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off

Physical setting:

  • Office

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Commission pay

Ability to commute/relocate:

  • Westport, CT 06880: Reliably commute or planning to relocate before starting work (Required)

Work Location: In person

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