What are the responsibilities and job description for the Mortgage Processor position at Flatiron Realty Capital?
About Us:
Flatiron Realty Capital is a privately funded real estate portfolio lender specializing in customized financial solutions for real estate developers and investors. Offering bridge loans, construction/rehabilitation financing, and 30-year rental investment products, the company addresses both short-term and long-term financing needs. Flatiron provides fast, flexible, and service-oriented lending solutions. Headquartered in Great Neck, New York, Flatiron operates nationwide.
Job Description:
Flatiron Realty Capital is seeking multiple full-time Mortgage Processors for an on-site role based in Great Neck, NY. The Mortgage Processor will be tasked with coordinating all aspects of the mortgage lending process, including reviewing and validating documentation, communicating with clients to collect required information, and ensuring compliance with established guidelines. This role will involve collaborating with underwriting and lending teams to process loans in a timely and accurate manner while maintaining exceptional customer service.
Responsibilities:
- Assist in coordinating construction draws or rehabilitation inspections as needed for applicable loan products.
- Monitor compliance with internal credit policy, state regulations, and lending guidelines throughout the loan lifecycle.
- Analyze loan files to identify potential red flags and escalate issues to underwriting or management when needed.
- Track and clear underwriting conditions in a timely manner, ensuring that all documentation meets investor, regulatory, and company requirements.
- Coordinate with the underwriting, asset management, and closing teams to ensure smooth and timely loan processing from submission to funding.
- Assist in preparing files for closing, including verifying final numbers, reviewing settlement documents, and confirming that all pre-closing conditions have been satisfied.
- Monitor a pipeline of active loans, prioritizing deadlines and communicating status updates to stakeholders.
- Provide exceptional customer service by delivering clear, professional, and proactive communication throughout the loan process.