Loan Processor

2 weeks ago


Mandaluyong City, National Capital Region, Philippines EMAPTA Full time

Position Overview:

We are seeking a meticulous and detail-oriented Loan Processor to join our team. The ideal candidate will be responsible for a variety of tasks including SOW Transposition, Draw at Close Ordering, and other related duties to ensure the accuracy and completeness of loan documentation and risk assessment.

Responsibilities:

  • Initial Experience Documentation Review: Review initial experience documentation to assess borrower qualifications.
  • SOW Transposition: Transpose Scope of Work (SOW) details accurately into relevant documentation and systems.
  • Draw at Close Ordering: Facilitate the ordering process for draw at close documents to support loan disbursement procedures.
  • Delinquency Report: Retrieve Delinquency reports to gather pertinent borrower information.
  • Liquidity Report: Pull cash needs reports to determine financing requirements.
  • Asset Documentation Field Input: Input asset documentation details accurately into relevant systems.
  • Borrower Note: Review and analyze borrower information to complete borrower profile summary.
  • Google Search: Conduct Google searches to gather additional information relevant to loan applicants.
  • Flood Certification Ordering: Order flood certifications to assess flood risk for properties.
  • Document Expiration Date Input: Input document expiration dates into relevant systems for tracking and compliance purposes.
  • Initial Appraisal Review: Review appraisals to assess for accuracy and relevance.
  • Permit Search: Conduct comprehensive search of public domain for permits and applications.
  • Purchase Deed Download: Find and download purchase documentation from publicly available resources.
  • Zoning Search: Gather public information on zoning.
  • Property Valuation: Conduct initial valuation exercises.
  • OFAC Entity Check: Conduct searches on business entities.
  • Payoffs and Data Input.
  • Supports the Company as needed, including other departments on an ad-hoc basis.

Qualifications:

  • Bachelor's degree in Finance, Business Administration, or related field preferred.
  • 3-5 years of experience in US mortgage loan processing, underwriting, or a related field.
  • Proficiency in underwriting terms and systems required.
  • Proficiency in Microsoft Suite, especially Excel and Teams.
  • Excellent English communication and interpersonal skills.
  • Experience with public records searching and real estate data sites (e.g., Zillow, Redfin) is highly desired.
  • Familiarity with Exacta, Forcasa, Property Radar, and other loan management systems (HubSpot is a plus).
  • Knowledge of loan origination processes, regulations, and compliance requirements preferred.
  • Strong attention to detail and accuracy in data entry and analysis.
  • Ability to work effectively in a fast-paced environment and meet tight deadlines.
  • Highly organized and self-sufficient in time management.

Job Types: Full-time, Permanent

Benefits:

  • Health insurance
  • Paid training

Schedule:

  • Monday to Friday
  • Night shift

Supplemental Pay:

  • 13th month salary

Application Question(s):

  • Do you have experience in using Zillow, Redfin and HubSpot?
  • Are you willing to work fully onsite (Makati) for this role?
  • Are you willing to work Night shift (EST)?

Experience:

  • Loan Processing: 3 years (Preferred)

Work Location: In person

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