Loan Processor
Ascent Developer Solutions is a leading private lending platform focused on real estate development. The Loan Processor plays a key role in ensuring loans are processed accurately and efficiently, collaborating with various stakeholders to manage the loan pipeline from application to funding.
Responsibilities
- Update loan data and documentation in our Loan Origination System (LOS) to ensure timely, accurate and detailed records
- Manage loan pipeline for both efficiency and compliance to internal standards and/or SLA
- Obtain, review, and organize files necessary for borrower entity, property, and loan documentation, including, but not limited to entity documentation, sponsor financial statements, construction budgets, plans and permits
- Order, review and organize third-party documentation, including property profiles, title insurance, credit reports, tax transcripts, credit supplements, property questionnaires, subordination requests, and title work
- Facilitate and support interactions between Sponsor applicants, loan officers, agents, and underwriters toward a timely approval, closing and funding
- Recommend and implement best practices as part of Ascent's dedication to creating an industry-leading customer experience
Skills
- Good knowledge of operational risk and loan processing workflows
- Exceptional attention to detail and adherence to internal standards
- Strong interpersonal and written communication skills
- Proficiency in financial software tools, including standard LOS and servicing platforms
- Experience in both Residential Construction and commercial CRE operations, risk assessment and QC, preferably in a financial services or lending institution
- Familiarity with business purpose and/or construction loan underwriting
Benefits
- Five health plans
- Two dental plans
- Health savings and flexible spending accounts
- Vision coverage
- A 401(k) plan
- Other optional benefits from which to choose
Company Overview