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2 Loan processor Jobs in Santa Monica, CA

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Faes & Co
Santa Monica, CA | Full Time
$42k-52k (estimate)
2 Weeks Ago
Faes & Co
Santa Monica, CA | Full Time
$47k-59k (estimate)
1 Week Ago
Loan processor
Faes & Co Santa Monica, CA
$47k-59k (estimate)
Full Time 1 Week Ago
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Faes & Co is Hiring a Loan processor Near Santa Monica, CA

We are a startup lender (called F2 Finance ), focussed on the short-term residential fix & flip’ bridging finance market in the US.

We have substantial capital available for growth and want to build our team with great people!

We are looking for an experienced loan processor to join our team and help build the business.

You will need to have 4 year(s) experience in a similar role, specifically for residential private lending (bridging / fix & flip).

Loan processing

You will be responsible for moving loans through the origination process at the company, and ensuring that our borrowers are fully aware of where they are in the process at all times.

You will manage the overall client experience by managing expectations for what is coming up next and being the open line of communication for our deals.

We are looking for someone who takes accountability and ownership of client files, and who want to make a difference in the client outcomes.

We need problem solvers who are perceptive, proactive and keen on providing excellent customer service who take pride in anticipating client needs, solving problems and preparing all parties to minimize surprises throughout the loan process.

You will be responsible for managing the loan process from start through to successful completion, and responsible for preparing the required due diligence on all loans, adhering to our internal processes and risk appetite framework.

Loan servicing

You will also be responsible for assisting with our loan portfolio management, as we look to build out an in-house capability to service our loans.

You will also need to be experienced with managing staged draw financing for fix & flip loans.

Candidates must have experience working in a similar role at a direct private lender, hard money or bridging finance lender.

This is primarily an office based role, from our offices in Santa Monica, CA.

Requirements

It is expected that you will be able to demonstrate that you have :

  • a strong attention to detail
  • a good working knowledge of the product life cycle, from enquiry through to loan completion
  • a customer service’ focus, and an ability to balance risk with commercial sense
  • experience with ordering appraisals, credit searches, and working with the latest platforms for the searches required on a file
  • experience with a loan management system is crucial, and any experience using Mortgage Automator would be a huge benefit to any candidate.

Our company’s culture will see you have :

  • the ability to build relationships, and have strong verbal, written and interpersonal communication skills
  • the ability to work autonomously, and to prioritise tasks accordingly
  • a willingness to get involved’ with the business and provide help and assistance as required
  • experience using the latest cloud based business efficiency platforms such as Google Business Apps, Notion, and Slack etc

Benefits

  • 10 days paid holiday
  • competitive salary commensurate with experience
  • medical insurance
  • Last updated : 2024-05-17

Job Summary

JOB TYPE

Full Time

SALARY

$47k-59k (estimate)

POST DATE

05/04/2024

EXPIRATION DATE

07/15/2024

WEBSITE

faes.gouv.ht

SIZE

<25

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Faes & Co
Full Time
$63k-86k (estimate)
6 Months Ago
Faes & Co
Full Time
$63k-86k (estimate)
1 Month Ago

The job skills required for Loan processor include Customer Service, Loan Processing, Problem Solving, Attention to Detail, 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.

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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.

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

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

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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.

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

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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.

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Analyze potential loan markets to develop prospects for future loans.

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Approve the loan within specified time limits.

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Communicate With Current and Potential Customers.

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

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

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