Junior Loan Processor

First Equity Funding • Sea Girt, NJ

231d • $50,000

About The Position

First Equity Funding is a private real estate lender offering Fix & Flip, DSCR/Rental, Multifamily/Mixed-use, and New Construction loan programs in 44 states throughout the US. At First Equity, we pride ourselves on being more than just a real estate lender. We are investment partners who help analyze and identify investment opportunities, ensure fast approval and delivery of funds, and offer construction consultancy to help property rehabilitation run smoothly and efficiently. Since our incorporation in 2009, we have helped grow the portfolios of thousands of real estate investors. Our commitment to client success and experience in lending, construction, and real estate investing uniquely positions us as one of the premier private lenders in the country.

Requirements

• At least 1 year of loan processing experience required
• Must possess exceptional attention to detail, as well as strong analytical and time management skills
• Accounting, finance, or business Associate's degree preferred
• High school diploma or GED required
• Must have excellent written and verbal communication skills

Responsibilities

• Adhere to all lending and regulatory guidelines and policies while preparing the loan file
• Act as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approval
• Work with the borrower to gather financial information such as credit reports, verify the accuracy to determine creditworthiness, and complete the mortgage loan application
• Obtain property documentation to process mortgage loan files, including appraisals, inspections, title searches, site surveys, contracts, and property tax records
• Prepare and submit detailed loan packages to the lender underwriting department for approval or denial

Benefits

• $50,000 salary

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree