Loan Processor

Hire Solutions • Brooklyn, NY

21d • Onsite

About The Position

The Loan Processor supports the mortgage lending team by gathering, verifying, and organizing borrower documentation to move home loans from application to closing. The Loan Processor is the main point of contact between borrowers, loan officers, underwriters, and third parties like banks, appraisers, and title companies.

Requirements

• Strong attention to detail
• Excellent written/verbal communication skills
• Proficient in Microsoft Office, email, and general computer use
• Ability to handle confidential financial info with integrity
• Work well under deadlines in a fast-paced environment

Responsibilities

• Collect & Organize Documentation: Request income, asset, ID, and property docs from borrowers. Review files for missing signatures, pages, or errors. Upload and organize documents in the loan origination system.
• Verify Information: Confirm employment and income via VOE forms, paystubs, W-2s, tax returns. Order credit reports, appraisals, title work, and insurance. Check bank statements for large deposits or red flags.
• Communication: Act as liaison between borrower, loan officer, underwriter, and vendors. Answer emails/calls from borrowers and banks about loan status or doc needs. Send timely updates and requests to keep all parties informed.
• Compliance & Accuracy: Ensure all docs meet TRID, RESPA, HMDA, and company guidelines. Prep complete files for underwriting review. Meet deadlines — purchase contracts have hard closing dates.
• Problem-Solving: Flag issues early: missing docs, income gaps, credit problems. Work with loan officer to resolve conditions from underwriting.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed