Loan Processor -Either Onsite in – Irvine, CA – Remote option available

Center Street Lending Supplies Smarter Loans for Residential Investors® to help them succeed and together rebuild quality residential properties in neighborhoods that they are proud of. Our loan programs feature Fix & Flip, Short-and Long-Term Rental, Bridge, and Ground-Up Construction. We offer attractively priced loans, quick access and hassle-free IN-HOUSE draws, no hidden fees, transparent communication, and quick results. All properties must be non-owner occupied. Center Street currently lends in AZ, CA, CO, D.C., FL, GA, MD, NC, OR, TN, TX, VA, WA. Please check out our website: www.centerstreetlending.com

Duties & Responsibilities:

As Loan Processor, you will support the Production team by applying your skills in the loan funding process. Some responsibilities include:
Provides excellent customer service and communication in a fast-paced environment.
Work cohesively with Underwriters, sales partners, and external customers.
Responsible for all internal and external communication throughout the loan process and funding for each loan within your pipeline.
Orders third party vendor reports required per policies, procedures, and lending guidelines.
Reviews and analyzes all loan documents including appraisal, assets, personal and/or business financials, credit, background, escrow, purchase contract, construction/budget documents and preliminary title reports ensuring acceptance and adheres to company policies and procedures and product guidelines in a timely manner.
Submits quality processed file to underwrite for initial review and/or clear to close decisions. Follows up on any outstanding loan conditions after initial underwriting decision.
Takes initiative with a clear business mind providing problem-solving solutions with a collaborative approach with all parties associated with the loan, before, during and after closing.
Escalates loan exceptions to management or Credit Committee for review and final decision outside of authority or as designated in the lending guidelines.
Maintains an accurate active pipeline with knowledge of loan details.
Upon Clear to Close prepares and delivers loan documents to escrow and/or closing agent for signing.
Reviews executed loan documents prior to submitting for Pre-Fund QC review.
Ensures prior to funding conditions have been met.
Acts as a Team Player with all internal and external customers.
Adheres to established SLA’s.
Maintains an average pipeline of 25+ loans & funds 20+ loans per month.

Qualifications:

Proven working experience in a loan processor role. At least 3 years’ experience in loan processing.
Knowledge of mortgage terms, compliance disclosures, and standard credit documentation
Strong written and oral communication skills.
Must be detail oriented. / Proficiency with Encompass (preferred)
Proficient in MS Office (Word, Excel, Outlook and PowerPoint, Outlook, etc.)

Education:

Bachelor's degree preferred.

Compensation:

Hourly $33.65 - $36.06 + Bonus structure $50.00 Per file closure

Benefits:

Full-time
Paid time off/Health insurance/Dental insurance/Vision/401k plan

Center Street Lending jobs

Mortgage Loan Processor