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2 Loan Processor Jobs in Portland, OR

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Elyon International
Portland, OR | Contractor
7 Months Ago
L0238 Driveway Finance Corporation
Portland, OR | Full Time
$44k-55k (estimate)
2 Months Ago
Loan Processor
Contractor | IT Outsourcing & Consulting 7 Months Ago
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Elyon International is Hiring a Loan Processor Near Portland, OR

Job Summary:

Process commercial real estate loan data into required computer systems. Perform accurate and timely loan boarding, payment processing, account and system reconciliations. Prepare and process deposits, journals, payment requisitions related to escrows and wires. Support activities to contribute to the efficient and effective operations of the loan servicing department.

Principal Duties & Responsibilities:

  • Process commercial real estate loan data into required computer systems. Borrower, property, loan and escrow data is entered into systems and verified for accuracy. Perform accurate and timely processing and balancing of mortgage loan servicing transactions including; regular monthly payments, partial and full payoffs, prepayment charges, adjustments, late charges, service fees, and related transactions. Maintain organized records of daily processing and account reconciliations.
  • Reconcile and balance cash in selected bank accounts against daily processing, identify outages, transfer funds appropriately between bank accounts, and prepare timely reports for management. Work with Corporate Financial Services and Financial Analysts to research and resolve banking and General Ledger account outages related to Loan Servicing transactions.
  • Perform various loan servicing functions including ordering of tax contracts, payment of property taxes, and review and processing of insurance renewals. Support the Loan Servicing Specialists and Mortgage Escrow Analyst and Servicer in the areas of escrow analysis, collections, delinquent taxes, and new loans.
  • Prepare journal entries, deposits and check requisitions to support timely processing into the general ledger and by the bank. Ensure compliance with internal controls over processes. Perform varied administrative and clerical duties including, but not limited to, creating correspondence, scanning, photocopying, filing, distributing mail and faxes, preparing and sending mail, faxes and packages for delivery and maintain office equipment.
  • Participate in assigned projects to support the investor development, servicing and investment operations departments.

Job Specifications:

  1. Education: Associate’s degree in real estate, finance, business or related field.
  2. Experience: Two or more years of relevant work experience, in a dynamic office environment with an emphasis in accounting or systems reconciliation, or the equivalent combination of education and/or relevant experience.
  3. Professional certification required: None.

Physical Demands:

Lift loan files weighing up to 30 pounds Please note that you must be in your current position for a minimum of 6 months as a non-exempt and 12 months as an exempt employee to be eligible to apply for internal positions.

ELYON International, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Summary

JOB TYPE

Contractor

INDUSTRY

IT Outsourcing & Consulting

POST DATE

09/21/2022

EXPIRATION DATE

10/07/2022

WEBSITE

elyoninternational.com

HEADQUARTERS

VANCOUVER, WA

SIZE

50 - 100

FOUNDED

1997

CEO

CARMEN NAZARIO

REVENUE

$10M - $50M

INDUSTRY

IT Outsourcing & Consulting

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The job skills required for Loan Processor include Mortgage Loans, Analysis, Financial Services, Accounting, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Processor. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Loan Processor positions, which can be used as a reference in future career path planning. As a Loan Processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor. You can explore the career advancement for a Loan Processor below and select your interested title to get hiring information.

L0238 Driveway Finance Corporation
Remote | Full Time
$44k-55k (estimate)
2 Months Ago

If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Loan Processor job description and responsibilities

A loan processor reviews loan applications before sending them to the underwriter for approval.

01/11/2022: Springfield, IL

A loan processor will constantly work with computers and other electronic devices.

02/23/2022: Harlingen, TX

Loan officers evaluate, authorize, or recommend approval of loan applications.

01/09/2022: Orange, CA

Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.

01/08/2022: Memphis, TN

Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.

03/12/2022: Grand Forks, ND

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Loan Processor jobs

Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.

03/14/2022: Burlington, VT

Analyze potential loan markets to develop prospects for future loans.

01/23/2022: Cincinnati, OH

Approve the loan within specified time limits.

03/06/2022: Helena, MT

Communicate With Current and Potential Customers.

03/07/2022: Pensacola, FL

The most common types of unsecured loan are credit cards, student loans, and personal loans.

02/27/2022: Reading, PA

Step 3: View the best colleges and universities for Loan Processor.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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