What are the responsibilities and job description for the FHA Loan Processor position at Dwight Capital?
Company Description
Dwight Capital LLC is a leading commercial real estate finance company in the United States, with a loan servicing portfolio exceeding $14 billion. Our services encompass a wide range of commercial lending options, including Balance-Sheet Bridge & New Construction Loans, FHA/HUD Insured Loans, C-PACE Financing, Mezzanine Financing, and Preferred Equity.
Role Description
The Processor will assist in collecting, reviewing, and preparing loan documents for multifamily and healthcare FHA HUD mortgages for properties across the Unites States.
Role and Responsibilities
- Collect and review loan documents to ensure accuracy
- Maintain deal checklists to accurately reflect documentation received from deal participants
- Prepare HUD forms for submission to all parties involved in transaction
- Ensure completeness, quality and correctness of mortgage loan documentation
- Maintain processing checklist and update as documents are received
- Compile the loan application for underwriting review
- Prepare and review loan application and obtain additional information as needed
- Effectively provide professional internal and external communication, whether written or verbal.
- Continue to stay abreast of processing, underwriting and compliance guidelines
- Update all involved after new documents are uploaded or status changes occur
- Provide follow-up on a consistent basis with originators, borrowers, and others involved in the transaction to complete processing
- Order credit reports as needed
- Assist Analysts in writing sections of the Mortgage Credit narrative
- Perform internet and government searches on all parties involved in each transaction
- Build rapport with our internal and external customers
Qualifications
- 1-3 years of experience preferably in loan processing real estate finance
- Highly developed critical thinking skills and the ability to solve complex problems with limited resources or oversight
- Must be highly organized
- Excellent communication skills with the ability to question when something appears to be incorrect
- Ability to multitask while maintaining organization
- Proficiency in Microsoft Excel, Word, and PowerPoint; Costar is a plus
- High integrity, entrepreneurial drive, and intellectual curiosity are a must