Loan Processor and Underwriting Assistant

Internal Job Title: Loan Processor

Type of Employment: Full Time

Desired No. of Hours per Week: 40

Job Level: Mid-Senior Level

Who You Are

We are seeking a detail-oriented and proactive Loan Processor to join our team. The ideal candidate will play a critical role in managing the loan lifecycle from initial application through closing and beyond. This position requires someone who thrives in a fast-paced environment, values transparent communication, and is committed to delivering exceptional service to our clients.

What You'll Do​​​ ​​​​​Loan Processing & Documentation

• Review and analyze loan applications for completeness and accuracy
• Order and review property appraisals, title reports, environmental reports, and other due diligence items
• Prepare comprehensive loan files and ensure all required documentation is collected and organized
• Coordinate with borrowers, brokers, title companies, appraisers, and other third parties to gather necessary information
• Verify borrower information, financial statements, tax returns, and credit reports
• Ensure compliance with company lending policies and applicable regulations

Underwriting Support

• Assist with preliminary underwriting analysis and risk assessment
• Prepare loan submission packages for underwriting review
• Communicate underwriting conditions to borrowers and ensure timely satisfaction of all requirements
• Review construction budgets, project plans, and development timelines
• Analyze property cash flows, debt service coverage ratios, and loan-to-value calculations

Closing Coordination

• Coordinate loan closings with title companies, attorneys, and settlement agents
• Prepare closing checklists and ensure all closing conditions are met
• Review closing documents for accuracy prior to funding
• Facilitate smooth and timely loan closings, maintaining our commitment to quick turnaround times

Post-Closing & Draw Management

• Process construction draw requests efficiently and accurately
• Review draw documentation including invoices, lien waivers, inspection reports, and progress photos
• Coordinate site inspections and verify completion of work
• Ensure proper disbursement of funds in accordance with loan agreements
• Monitor loan covenants and ensure ongoing compliance throughout the loan term

Client Communication

• Serve as a primary point of contact for borrowers throughout the loan process
• Provide regular status updates and maintain transparent, proactive communication
• Address client questions and concerns promptly and professionally
• Build and maintain strong relationships with borrowers, brokers, and referral partners

What We're Looking For​​​​​

• ​​​​​​2+ years of experience in loan processing, preferably in commercial real estate or construction lending
• Strong understanding of commercial real estate loan products (land loans, construction loans, bridge loans)
• Excellent attention to detail and organizational skills
• Proficient in loan origination software and document management systems
• Strong analytical skills with the ability to review financial statements and credit reports
• Exceptional communication skills, both written and verbal
• Ability to manage multiple loan files simultaneously and meet tight deadlines
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook)

Preferred

• Experience with private lending or non-traditional financing
• Knowledge of construction draw processes and construction loan administration
• Familiarity with title and escrow procedures
• Understanding of real estate development and construction processes
• Bachelor's degree in Finance, Business, Real Estate, or related field
• NMLS license (or willingness to obtain)

What We Offer:

• Work From Home: Fully remote setup with local support
• Generous Paid Time Off: Start with 18 paid leaves annually
• U.S. Holiday Observance: Enjoy U.S. holidays off
• Professional Environment: Join a supportive, growth-oriented global team

Job Type: Full-time

Pay: Php50, Php65,000.00 per month

Benefits:

• Additional leave
• Health insurance
• Work from home

Application Question(s):

• Have you handled loan processing for real estate development or construction projects?
• How familiar are you with construction draw processes (reviewing draw requests, coordinating inspections, managing disbursements)?
• How confident are you using Microsoft Excel for reviewing borrower financials, tracking loan data, or creating summaries?
• What types of underwriting tasks have you handled?
• How soon can you start?

Work Location: Remote