Loan Processor Jobs in Monroe, NJ

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  • Loan Administrator

    Suntera Fund Services

    Loan Processor Job In Short Hills, NJ

    About the Company Suntera Global is a leading international provider of fund, corporate and private wealth services, with over 45 years of experience and 550+ specialists supporting a diverse range of industries worldwide, empowering responsible ambition through professional delivery of governance, administration and accounting services, all while focusing on strong relationships and continually evolving to provide the best possible service to clients. About the Role As part of the firm's organic growth strategy, we have an opportunity for an individual who is motivated to become an integral part of a fast-growing Fund Administration firm by supporting loan administration activities. Responsibilities Boarding new loans in our system, which will act as a subledger to the official books and records, Investran Accounting for Lifecyle events (at present these are all bi-lateral loans) Working with the loan agent to ensure that the borrowers are invoiced properly and to ensure that their payments are received in a timely manner Maintaining a calendar of deliverables and important dates related to each borrower's covenants and reporting requirements Collecting financial information from the borrowers, aggregating that data and reporting back to the loan agent/client Working with the respective fund administration team(s) to ensure that the loan accounting is correct in the official books and records for the fund Qualifications Studying towards a bachelor's degree in accounting, finance, or related business degree Required Skills Introduction to financial products including, but not limited to, public and private equity, fixed income, venture capital, and real estate, a major plus Previous experience working as an Associate or similar loan administration capacity Self-motivated, confident, patient and a strong desire to exceed expectations Exceptional verbal and written communications skills with unsurpassed attention to detail and organizational skills Ability to work in a start-up environment with an entrepreneurial spirit, as well as the ability to demonstrate initiative and perform well under pressure Preferred Skills Dedicated to conforming to local policies and procedures and to accepted professional standards Dedicated to meeting and exceeding expectations of both internal and external clients, ability to develop mutual relationships with clients and their advisors and can clearly identify and articulate issues and solutions Recognised as a team player, can solve problems quickly and gain the trust and support of others Proficient in written and verbal communication Ability to operate pro-actively in a complex and fast-moving environment, can use own initiative and make decisions within corporate policies Ability to set priorities; work under pressure and meet deadlines
    $32k-50k yearly est. 2d ago
  • Associate, Loan Closing Specialist

    Ready Capital 4.0company rating

    Loan Processor Job In Berkeley Heights, NJ

    Ready Capital offers a positive and diverse work culture incorporated with people who are passionate about their careers. We pride ourselves in being viewed as a premier place to work and encourage you to view our Senior Associate, Accountant opportunity. Summary of Essential Job Functions: * Review Request for Credit Approval, Write-up and Commitment Letter within 24 hours of receipt of legal file, conduct introductory call to borrower and prepare/send Closing Checklist detailing documentation required for loan closings. * Regularly liaise with federal and state regulators. * Follow up, review and approve all Closing checklist/borrower due diligence items required for loan closing. * Determine what is required to perfect security interest in collateral and decide when loan file is ready to close. * Analyze supporting documents provided by borrowers and third parties to determine if they meet RCL approvals/standards and make decision that loan is thoroughly documented in accordance with RCL and SBA policies and credit approval memorandums. * Ensure all required hazard, contents, liability and/or flood insurance coverage has been obtained on industry required forms naming RCL as mortgagee and/or loss payee. * Maintain excellent level of customer service by being responsive to calls and emails from borrower and inside staff regarding loans in process within 24 hours of receipt. * Order appropriate third-party searches (flood, good standing certificates, UCC, title, judgment and bankruptcy) for all borrowers/guarantors. * Compliant with RCL policies/procedures and have knowledge of SBA SOPs and regulations * Prepare and review all required SBA, legal and state specific documents required for loan closing. * Become an integral part of the SBA Closing Team. * Responsible for following updated SBA policy notifications when issued. * Master RCL's construction policy, follow guidelines in notifying SBA of any modifications to the construction project such as but not limited to extension of maturity date, increase or decrease to the loan amount. * Responsible for reviewing site inspection reports for accuracy and process of the project as well as relaying any unforeseen issues to credit and management * Manage productivity by ensuring proper communication with borrower, general contractor and vendors to limit 1 to 2 disbursements per month * Act as liaison between Legal Counsel, Escrow, Title, deal team and all interested parties to coordinate document preparation, loan signing, funding, and closing. * Review and approve closing settlement statements, escrow documentation, insurance, and outstanding loan conditions. * Prepare funding information sheets detailing wiring information and use of loan proceeds. * Coordinate with accounting to assure timely release of wires for loan fundings. * Prepare closing packages of documents and ensure legal file is in compliance with RCL policies before transferring for Compliance Review * Provide assistance with portfolio acquisition due diligence * Adhere to turn time requirements. * Additional duties as requested by Closing Manager. Primary Success Measurements: * Average of 2- 3 loans closed monthly or as modified by RCL management. * Average calendar days to fund from date processed loan received in Funding. * Percent of loans closed by contract closing date. * Overall file quality rating as determined by Closing Manager. * Quality control error percentage. * Customer Satisfaction Survey results. * Timing requirement on forwarding completed loan packages to Compliance Department. Significant Decisions and Recommendations: * Ability to make independent decisions on a daily basis relating to loan portfolio. * Upon receipt of a loan package, exercise discretion in reviewing, analyzing and determining closing requirements * Regularly exercise discretionary powers and independent judgment in decision-making in order to accurately complete all loan file due diligence. * Ability to independently determine what is required to perfect security interest in collateral and decide when loan file is ready to close. Education and Experience: * Bachelor's degree preferred. * Paralegal Certificate preferred. * Minimum of 2-5 years of commercial mortgage lending experience and/or relevant work experience in a functional role required or equivalent combination of education and experience. Knowledge and/or Skills: * Knowledge of the SBA SOP * Operate standard office equipment/computer. * Proficient in Microsoft Office Suite, working with Word and Excel or similar spreadsheet software. * Type accurately at a speed necessary to meet the requirements of the position. * Organize work, set priorities and exercise sound independent judgment within established guidelines. * Interpret, apply, explain and reach sound decisions. * Ability to maintain files and records. * Ability to prioritize and perform multiple tasks. * Ability to answer loan document related questions from borrowers and referral sources. * Excellent interpersonal skills. * Detail oriented. Language Skills: * Ability to read and comprehend instructions, short correspondence, and memos. * Ability to write basic routine reports and correspondence. * Ability to interact effectively with management, other employees, and customers as needed. * Diplomacy in dealing with internal and external clients. * Excellent communication skills. Mathematical Skills: * Basic credit skills required. * Ability to perform basic calculations such as to add, subtract, multiple, and divide. Reasoning Ability: * Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. * Ability review information and solve problems quickly. * Strong ability to manage time. * Achievement oriented, takes initiative, and ability to take direction. * Strong organizational skills. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand and walk. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. Work Environment The work environmental characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The noise level in the work environment is moderately quiet. We thrive in an environment that encourages hard work while having fun! Salary Range: $105,000- $115,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
    $105k-115k yearly 60d+ ago
  • SBA Loan Processor

    Ibusiness Funding

    Loan Processor Job In Berkeley Heights, NJ

    iBusiness Funding is a leader in providing innovative Software as a Service (SaaS) solutions for banks and lenders, with a specialization in SBA lending. We build scalable lending platforms that streamline the business lending process, allowing lenders to efficiently deliver capital to small and medium-sized businesses. To date, we've processed over $7 billion in SBA loans and handle more than 1,000 business loan applications daily. Our team is driven by our core values of innovation, integrity, enjoyment, and family. As a top five SBA 7(a) preferred lender, our parent company offers SBA express and small loan capabilities. Join us and be part of a team that's transforming the finance industry and empowering businesses to thrive! Please note this role is for our Parent Company, Ready Captial. Position Description The SBA Loan Processor will manage and oversee all aspects of SBA loan processing, from document collection to post-closing tasks, ensuring compliance with federal guidelines. In addition, this position will have backup responsibilities in key areas such as processing guarantee fee payments, handling ACH transactions, and managing broker payments and customer refunds. Please note this role is for our Parent Company, Ready Captial. Major Areas of Responsibility Review and process SBA loan applications, ensuring completeness and compliance with SBA guidelines. Verify financial documents, tax returns, and other supporting materials provided by loan applicants. Work with applicants and loan officers to clarify discrepancies and gather necessary documents. Coordinate with third-party vendors to obtain and review appraisal reports. Address discrepancies or additional requirements by communicating with relevant parties, including vendors and loan officers. Track and manage the collection of trailing documents post-loan closing. Ensure that all necessary documents are received and correctly filed in the loan system. Process guarantee fee payments, ensuring accuracy and timely submission to the relevant agencies. Maintain detailed records of all guarantee fee transactions and report any discrepancies. Assist with executing Automated Clearing House (ACH) transactions related to loan payments or other financial obligations. Reconcile discrepancies and ensure all ACH transactions are accurately processed and documented. Process payments to brokers, ensuring proper calculation, timely disbursement, and compliance with agreements. Address any discrepancies or issues related to broker payments. Manage customer refunds, ensuring accurate processing and prompt resolution. Maintain detailed records of all refund transactions and address customer inquiries or concerns. Required Knowledge, Skills, and Abilities Minimum of 2 years of experience in SBA loan processing, commercial lending, or a related field. Familiarity with SBA loan programs (7(a), 504, etc.) and current federal regulations. Strong attention to detail, organizational skills, and the ability to multitask in a fast-paced environment. Proficiency in Microsoft Office Suite (Excel, Word, Outlook) and loan management systems (such as nCino, or similar). Excellent written and verbal communication skills for effective interaction with applicants, brokers, vendors, and internal teams. High school diploma required, bachelor's degree in finance, business, or a related field preferred. Conclusion This is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities, or working conditions associated with the position. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.
    $37k-53k yearly est. 22d ago
  • CLO/Syndicate Loan Settlement Specialist(hybrid)

    Broadridge Financial Solutions 4.6company rating

    Loan Processor Job In Newark, NJ

    At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If youre passionate about developing your career, while helping others along the way, come join the Broadridge team. Broadridge is hiring ! Were hiring a dynamic Loan Processing Specialist to spearhead an exciting transition in our global credit business. In this pivotal role, you'll have the unique opportunity to build and lead a high-performance loan processing team from the ground up. You'll develop and implement cutting-edge KPIs and SLAs, revolutionizing our operations with a round-the-clock operational model that supports our global reach. We're looking for someone with a wealth of experience in Loan Processing within funds administration, who also brings exceptional leadership skills and a knack for driving transformative process improvements. If you're ready to make your mark and lead us into a new era of operational excellence, we want to hear from you! We are made up of high performing teams that meet in person to learn and collaborate as needed. This role is considered hybrid, which means youll be assigned to a Broadridge officeandrequired to be in an office 2x a week. Responsibilities: + Lead the transition of all loan processing activities for the global credit business to a centralized operational model in 2025. + Develop and execute a comprehensive transition plan, including detailed timelines, resource allocation, and risk management strategies. + Ensure seamless knowledge transfer and integration of loan processing activities, minimizing disruption to business operations during the transition. + Design and implement a comprehensive KPI and SLA framework for the loan processing team, ensuring alignment with business objectives. + Establish clear metrics for processing efficiency, accuracy, compliance, and timeliness. + Optimize workflows to maintain continuous loan processing and timely resolution of issues, improving service levels and client satisfaction. + Foster a culture of accountability, collaboration, and continuous improvement within the team. + Provide coaching, mentorship, and development opportunities to team members, supporting their professional growth and enhancing team capabilities. + Lead the identification, design, and implementation of process improvement initiatives within Loan Processing throughout 2025. + Collaborate with technology and operations teams to automate manual processes and implement advanced tools to enhance loan processing efficiency. Qualifications: + 5+ years of experience in Loan Processing, credit operations, or funds administration, with a strong focus on global loan processing. + Proven experience in leading large operational transitions and building centralized processing functions. + Strong leadership skills with a track record of building, managing, and motivating high-performing teams. + You should have ClearPar experience + Excellent project management skills, with a demonstrated ability to deliver complex projects on time and within budget. + In-depth knowledge of loan processing systems, best practices, and regulatory requirements. + Strong analytical and problem-solving abilities, with a focus on process optimization and operational efficiency. + Excellent written and verbal communication skills. + Ability to create and work in a high-volume, collaborative, deadline-driven environment. + Budgeting experience at the division level or higher. + Strong understanding of global financial services regulations and technology trends. + Excellent judgement and commercial acumen, influencing and acting with confidence with diverse and challenging stakeholders. + Manage competing demands, actively prioritizing and remaining calm under pressure while navigating complexity and challenges with confidence and resilience. + Bachelors degree in Finance, Business Administration, or a related field. Advanced degrees or professional certifications (e.g., CFA, MBA) are highly desirable Compensation Range:The salary range for this position is between $ 100,000 - $1 2 0,000.Broadridge considers various factors when evaluating a candidate's final salary including, but not limited to, relevant experience, skills, and education. Bonus Eligibility:Bonus Eligible Benefits Information:Please visit ************************** for more information on our comprehensive benefit offerings #LI-PP1 We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a companyand ultimately a communitythat recognizes and celebrates everyones unique perspective. Disability Assistance We recognize that ensuring our long-term success means creating an environment where everyone is welcome, where everyone's strengths are valued, and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including sexual orientation, gender identity or expression, and pregnancy), marital status, national origin, ethnic origin, age, disability, genetic information, military or veteran status, and other protected characteristics protected by applicable federal, state, or local laws. US applicants: Clickhere (*********************************************************************************************** to view the EEOC " Know Your Rights " poster. If you need assistance or would like to request reasonable accommodations during the application and/or hiring process, please contact us at ************ or by sending an email to ************************ . Broadridge Financial Solutions, Inc. (NYSE: BR) , is a global Fintech leader, delivering technology-driven solutions that drive digital transformation for banks, broker-dealers, asset and wealth managers and public companies. At Broadridge, we are committed to making a difference (************************************************* . Our unique culture is guided by the Service-Profit Chainthe idea that success is mutual, directly connecting employee engagement, client satisfaction, and the creation of stockholder value. We enable better financial lives by providing the critical infrastructure that powers investing, corporate governance and communications . A certified Great Place to Work, Broadridge is part of the S&P 500 Index, employing over 14,000 associates in 21 countries. LinkedIn (*************************************************************************** Facebook Instagram (******************************************************************* Twitter YouTube (********************************************************* Glassdoor The Muse (******************************************** Broadridge is committed to creating an engaging workplace for the most talented associates in our industry. We are dedicated to fostering a collaborative, inclusive , and healthy environment that promotes flexibility and accountability. As a leading provider of technology, communications, and data and analytics solutions to businesses around the world, it is critical that we understand, embrace, and operate in a multicultural environment. Every associate has unique strengths, which, when fully appreciated and embraced, allow individuals to perform at their best, leading to our success. We believe that our associates are our most important asset. Encouraging professional development opportunities is a core part of our culture. Broadridge provides educational opportunities, including formal classes, training programs and events. To enable learning in our hybrid working model, Broadridge has redesigned all development programs for 100% virtual delivery. Our associates have access to 8,500+ online courses covering business, leadership, technical, and function-specific topics through our LinkedIn Learning program.
    $72k-96k yearly est. Easy Apply 60d+ ago
  • Mortgage Loan Processor - Reverse

    Mutual of Omaha Mortgage 4.7company rating

    Loan Processor Job In Newark, NJ

    Mutual of Omaha is a Fortune 300 Company with an iconic brand and outstanding customer loyalty. Mutual of Omaha Mortgage is inspired by hometown values and a commitment to being responsible and caring for each other. We exist for the benefit of our customers and employees. Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. If you are interested in joining a team that promotes from within and works together toward a common goal of helping customers with their mortgage needs, please review and apply for our opening below! We offer an extensive compensation package. Benefits include Medical, Dental, and Vision insurance, company paid life insurance, 401K with a generous employer match and additional benefits such as Free Legal Services and an Employee Loan Program. Mutual of Omaha Mortgage is an Equal Opportunity Employer and we encourage diverse, talented, qualified applicants to apply. Prior Reverse Mortgage Experience is required. Duties and Responsibilities: Effectively manage and process a full pipeline of mortgage loan files Evaluate loan files for regulatory compliance and completeness Accurately review and input pertinent loan data into operational systems Order supplementary vendor products, such as title reports and property appraisals Obtain required underwriting conditions from loan officer and/or loan applicant(s) Utilize FHA Connection to update loan data as needed Communicate pipeline and file status to retail sales channels and management Work closely with all operational departments to establish productive and efficient workflows Complete required checklists and worksheets Experience and Education: Minimum 2 years in reverse mortgage loan processing required Bachelor's degree preferred, but not required Excellent computer skills with the ability to learn new systems Knowledge of MS Office products Strong customer service and time management skills a must Highly motivated and determined to succeed in a competitive, time sensitive industry
    $43k-53k yearly est. 60d+ ago
  • Consumer Loan Processor

    First Financial Federal Credit Union 3.8company rating

    Loan Processor Job In Freehold, NJ

    First Financial Federal Credit Union is a not-for-profit financial cooperative providing banking products and services to its members in Monmouth and Ocean County. Our goal is make a first rate difference in our Member's lives by providing the highest level of quality products and personalized services while maintaining financial integrity and stability. We have been putting people first and enriching our Member's lives since 1936 by identifying their needs and providing trustworthy and value added solutions. First Financial Federal Credit Union is a technology driven organization with efficient systems and easy to deliver products. We are par with community banks and can provide you with the kind of environment where your skills and talents can make a difference that will be noticed. Job Description Summary: This position is responsible for interviewing consumer and mortgage loan applicants, and originating and processing consumer and mortgage loan applications. Responsibilities: Understands and follows all Bank Secrecy Act regulations. Registers for NMLS and completes required training. Gathers background information on loan applicants by interviewing loan applicants at the branch locations or by phone. Pulls credit reports for all accounts, verifies debts, estimates monthly payments for any outstanding debts not listed, and adds them to debts on application. Coordinates closings with attorneys, title companies and branches for consumer loans. Inputs approved mortgage and consumer loans onto the data processing system and funds the loan closings. Quality control of appraisals, title updates, plot plans and surveys for mortgages. Prepares closing documents as necessary. Reviews returned closing packages for accuracy and compliance. Follows-up on pending documentation to ensure the completion of the file. Answers member phone inquiries for mortgage or consumer loan information or maintenance. Booking and funding of loans. Submits loans to Freddie Mac using loan prospector software. Coordinates subordination requests for approval by the Vice President of Lending. Collects, audits and submits HMDA information quarterly and annually. Handles loan servicing including escrow and PMI disclosures and analysis. Makes calls/cross sells additional loan products. Note: The list of essential functions is not exhaustive. It may be supplemented as necessary from time to time. Additional Functions: Supports the consumer loan staff. Qualifications Qualifications: HS Diploma or equivalent 1 year to 2 years similar or related experience. Proficient in MS Office, especially Excel. Good organizational skills and able to multitask. Strong interpersonal skills. Ability to comprehend simple instructions, short correspondence and memos. Able to apply common sense understanding to carry out detailed written or oral instructions. Ability to research, collect, and analyze data. Creative at problem solving and developing alternative solutions. Accuracy and attention to detail. Strong verbal communication skills. Able to present information in one-on-one and small group situations. Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions. Good basic math skills. Additional Information As a First Financial employee, you'll enjoy a challenging work environment. We offer a great benefits package including Medical, Dental, Rx, Vision, Life Ins., Retirement Plans, Vacation, Sick and Personal. All your information will be kept confidential according to EEO guidelines.
    $38k-47k yearly est. 4d ago
  • Mortgage Loan Processor (Hybrid)

    Oceanfirst Financial Corp 4.5company rating

    Loan Processor Job In Toms River, NJ

    At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business. Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed (4 days in office, 1 day remote), employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community! About Your Role Responsible for providing quality customer service by efficiently and accurately processing residential mortgage applications. What You Will Do * Obtain and assemble complete loan package for underwriting; verify all required documentation in the file. * Perform the review and analysis of borrower's credit, employment, income and assets as required by specific loan program prior to submitting file to underwriting; update Loan Operating System (LOS) accordingly. * Communicate with loan officer, customer, underwriter, closing agent, and third parties necessary to obtain missing documentation required to qualify the loan. * Efficiently maintain and control loan pipeline within ECOA guidelines by promptly ordering services, monitoring timelines, and issuing the following documents as needed: Disclosures, Need More Information Letters, Commitment Letters, Statements of Denial, and any other communication to borrower to assure loan applications are processed accurately and in compliance with Bank and regulatory guidelines. * Accountable for meeting Key Performance Indicator (KPI) targets for Loan Processor role. * Understands compliance with all regulations governing the banking industry, as well as agency guidelines and organization policies. * Understands the compliance requirements for Loan Operations to ensure files are maintained in accordance with regulations.
    $39k-52k yearly est. 2d ago
  • Loan Processor

    Taco Bell 4.2company rating

    Loan Processor Job In Bridgewater, NJ

    Finomus Home Loans is seeking a detail-oriented and highly organized individual to join our team as a Loan Processor. This vital role will be responsible for efficiently managing and processing loan applications, ensuring a seamless experience for our clients. *** This is not a remote job, you will be asked to come into the Bridgewater, NJ office*** Responsibilities: As the Loan Processor, you will be responsible for: 1. Application Review: Thoroughly review and analyze loan applications for accuracy, completeness, and compliance with company policies and industry regulations. 2. Document Collection: Coordinate with clients, loan officers, and other stakeholders to gather all necessary documentation for loan approval. 3. Verification of Information: Verify applicant financial information, employment details, credit reports, and property valuations to ensure accuracy. 4. Communication: Maintain open and effective communication with clients, providing updates on the status of their loan applications and addressing any inquiries. 5. File Preparation: Prepare complete and organized loan files for underwriting review, ensuring all required documents are included. 6. Compliance Adherence: Ensure all loan processing activities adhere to federal, state, and local regulations. 7. Timely Closing: Work closely with all parties involved to facilitate a timely and smooth closing process. Qualifications: - High school diploma or equivalent; additional education or certifications related to mortgage lending a plus. - 3 years of experience in loan processing within the mortgage lending industry. - Proficiency in Encompass software is required. - Proficiency in loan origination systems and processing software. - Proven experience in broker loan registration. - Strong understanding of underwriting guidelines and industry regulations. - Excellent organizational and multitasking abilities. - Effective communication and customer service skills. Compensation: $55,000 to $65,000 Compensation and Benefits: - Salary: $55,000 - $65,000 annually based on experience. - Competitive salary and performance-based incentives. - Health, dental, and vision insurance. - 401(k) plan - Paid time off and holidays. - Opportunities for professional development and growth. About Us: Pioneering Excellence in Mortgage Solutions At Finomus Home Loans, we are not just transitioning; we're elevating the standards of mortgage services. With a rich legacy as a trusted Mortgage Broker, we are now stepping into the future as a dynamic Mortgage Banker. Our Journey: Since 2020, we have been dedicated to helping individuals and families achieve their homeownership dreams. As a Mortgage Broker, we honed our expertise in understanding unique financial profiles and matching them with the perfect lending solutions. A New Chapter: Now, as a Mortgage Banker, we're equipped to take your experience to even greater heights. This transition allows us to directly underwrite, fund, and service loans, giving us unparalleled control over the lending process. This translates to faster approvals, tailored financial strategies, and an unwavering commitment to your financial success. Our Team: Comprising industry veterans and innovative minds, our team is passionate about finding creative solutions to meet your specific needs. We believe that every client's journey deserves a unique approach. Our Vision: To be the foremost Mortgage Banker, setting new industry standards in customer-centricity, innovation, and financial empowerment. Welcome to the future of mortgage solutions. Welcome to Finomus Home Loans!
    $55k-65k yearly 60d+ ago
  • NB1345 - SBA Loan Specialist

    Northfield Bank 4.3company rating

    Loan Processor Job In Rahway, NJ

    Northfield Bank is a full service bank with 38 branch locations throughout New Jersey; and Staten Island and Brooklyn, New York. With a history dating back to 1887, our growth continues through expansion of our presence in local communities and in our Product and Service offerings. Over 300 employees with diverse backgrounds and cultures have come together to make Northfield Bank what it is today. The Bank believes in providing all employees with the opportunity to reach their career potential and encourages advancement within the organization. For more information, please visit ******************* Job Title: SBA Loan Specialist Job Location: Rahway, NJ Job Status: Full-Time Job Summary Primarily will be responsible for supporting and coordinating all aspects of commercial and real estate loan closings and loan portfolio management. Daily responsibilities will include but not limited to supporting Relationship Managers, Portfolio Managers and Team Leaders for loans within the portfolio and new loan originations through loan inputs, payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline and files, etc. Responsibilities Include: Process all new loan request (i.e. credit reports, flood searches, OFAC, Lexis-Nexis, tax searches, Relationship work ups, 4506T, UCC searches, municipal searches, collateral searches, other property searches and any additional reports related to loan requests) Enter loans into origination system Organizes, scans, and maintains all Loan files for Dept. throughout life of loan Contacts applicants to request any required outstanding documentation Orders all appraisals, environmental and engineer reports and monitors progress until completion Tracks all fees and good faith deposits collected Prepares documentation required to obtain commitment letters from Closing Dept., reviews commitments for accuracy, and monitors all stages until loan closes Coordinates closings with the attorneys and prepares final Bank paperwork for loan origination Verify that loan is input into Bank core processing system correctly Maintains all construction files and monitors builders risk insurance, permits and title continuations Orders all site inspections Prepare and submit invoices for processing Prepares all documentation for construction advances and line of credit advances and paydowns Assists Portfolio Manager with all Department Internal Reports including but not limited to past due reports, monthly loan trial balance, new loans closed, pay offs and deposit reports Follow-up with borrowers on post-closing loan undertakings and escrows Handles and services customers with any telephone inquiries regarding new and existing accounts (ACH payments, wire transfers, deposit and loan balances, releases, payoff letters, tax issues, insurance, etc.) Adheres to Bank policies and procedures Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. (Senior) SBA Loan Specialist Job Summary: Primarily will be responsible for supporting and coordinating all aspects of SBA loan servicing. Daily responsibilities will include but not limited to the oversight and review of SBA loans, input or callback of loan servicing activities such as payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline, reviewing and obtaining expired insurance, preparing files that have been paid in full, etc. Responsibilities Include: Process Loan payoffs and complete tasks on related checklists including but not limited to collateral release, member communication, and servicing Review various loan reports and related documentation on a daily, weekly, and monthly basis to ensure accuracy of information recorded in the core lending system. Responsible for accurate report retention Prepare loan documentation for audits, regulatory and other loan reviews Review, scan, and upload files at closing Maintain E-Tran procedures, perform service requests, and obtain authorizations Prepare files that have been paid in full Adheres to Bank policies and procedures Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. Core Competencies : Productivity - Generates high levels of output. Consistently meets workload demands. Consistently meets deadlines. Efficient at multi-tasking and demonstrates organization skills. Strives for results and efficiency. Analytical Skills - Ability to take large volumes of data and then analyze trends and produce a result. Ability to breakdown complex problems into simpler, more manageable components. Ability to gather all information necessary to solve a problem, recognize underlying issues based on data and trends, and organize all relevant information to provide insight and ideas on how to draw appropriate conclusions that will help the solve problem. Accuracy - Ensures that work is complete and without error. Verifies information. Interpersonal Skills - Demonstrates behavior in alignment with our Code of Conduct. Possesses a positive attitude and enthusiasm towards customer interactions, job duties and work performance. Is approachable, warm, friendly and open-minded. Is capable of adjusting communication style to effectively interact with both internal and external client. Preferred: Professionalism - Sets a good example in every aspect of work performance including behavior, appearance and communications. Interacts with colleagues and customers in a courteous and respectful manner. Possesses high ethical standards and maintains confidentiality when needed. Exhibits a positive professional impression through appropriate business attire in compliance with the company dress code. Demonstrates ability to withstand pressure and to remain calm in crisis situations. Job Requirements : 3-5 years experience in SBA lending or related fields Excellent written and oral communications skills Ability to manage priorities and workflow Versatility, flexibility, and a willingness to work within constantly changing priorities Proficiency in Microsoft Office Suite Strong interpersonal skills Good judgement with the ability to make timely and sound decisions Ability to effectively present information and respond to questions **Northfield Bank is an Equal Employment Opportunity Employer M/F/Disability/Protected Veteran**
    $50k-85k yearly est. 60d+ ago
  • Commercial Mortgage Processor

    Supreme Talent

    Loan Processor Job In Lakewood, NJ

    Our client, a leading commercial mortgage company is seeking a Commercial Mortgage Processor to process and manage a pipeline of new commercial mortgage applications and prepare standard credit write-up and analysis for presentation to the credit committee/company for approval. The ideal candidate must exhibit critical thinking and analytical skills to complete all underwriting and processing functions in accordance with preparing and evaluating various commercial loan requirements, company standards, and related legal/regulatory requirements. Responsibilities: High-level analysis of the initial property financials and data to determine the most appropriate loan fit for the transaction. Including market data research of cap-rates, rental income etc. Create a professional loan presentation to be presented to the lender Negotiating with lenders to secure the best loan for the client Speaking with the client to understand their business plan, needs and wants of the transition Understanding various loan types and structures such as Bridge, Mezz, Agency, Hard Money etc. proactively being involved and up-to-date with the latest trends and lenders appetite Proactively communicate loan status with Clients throughout the purchase process; respond to questions in a timely manner and notify all parties when additional information is needed. Qualifications: 4+ years of commercial mortgage lending and processing experience with in-depth knowledge of commercial credit financial analysis techniques Possess strong analytic and loan underwriting skills to ensure the transaction adheres to mortgage lending regulations and appropriate credit policies Strong comprehension of complicated income structures for the underwriting of loan applications including income from multiple sources (e.g. self-employment, rental or trust income, etc.) In-depth knowledge of complex credit request structures credits policies, procedures, principles, and philosophy in the underwriting process Excellent verbal & written communication skills and thorough knowledge of computer systems and software used to capture credit application Location: Lakewood, NJ Salary: $200K
    $40k-55k yearly est. 60d+ ago
  • Consumer and Mortgage Loan Processor TEMP Full Time

    First Atlantic Federal Credit Union 3.8company rating

    Loan Processor Job In Eatontown, NJ

    Would you like to join a growing, member-owned, not-for-profit financial institution that is one of the Best of the Best in Monmouth and Ocean County per the Asbury Park Press Readers' Choice Awards? We have refreshed our brand, and our CEO and Leadership Team are focused on the well-being of our Employees and the enrichment of the work environment! If this appeals to you and you would like to be part of a "Winning Team", then please consider applying for the Consumer and Mortgage Loan Processor TEMP Full Time position at First Atlantic Federal Credit Union. Who we are: Around here we do things differently. Maybe it's the ocean breeze. Or the music. Or the fact that we've been a part of the landscape for over 85 years. Around here we put our members first. Always have and always will. At First Atlantic, local is more than a saying. It's knowing that when our community thrives, we all thrive. Our continued mission is to support our members and deliver the best value in financial services. It's where trust and tradition meet innovation and versatility, and the community is paramount. First Atlantic is headquartered in Eatontown, New Jersey, with branches in Eatontown, Neptune, Oceanport, and Toms River. Anyone who lives, works, worships, volunteers, or attends school in Middlesex, Monmouth or Ocean counties is eligible to join. Family members of a First Atlantic member can also belong. What we are looking for: We are seeking an ONSITE Consumer and Mortgage Loan Processor TEMP Full Time to assist First Atlantic Federal Credit Union to live out our Mission and Vision by working directly with the Lending Manager to provide the best value financial services to members by providing outstanding service to both external and internal members. Job Summary The primary purpose of this position is to assist First Atlantic Federal Credit Union to live out our Mission to provide best value financial services to members by providing outstanding service to both members and internal members. In addition, provide quality member service, promote Credit Union loan products, examine, evaluate, and authorize or recommend approval of member applications for loans by performing the following duties. Assists members with their needs, analyzing loan requests and making credit decisions based on lending policy. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Meets all established service goals. Regular and predictable attendance and punctuality. Aid all Departments and Branches to ensure that general loan information given is accurate and timely. Communicate with members to obtain missing information, comply with due diligence requirements, and verify collateral. Reviews loan applications to develop information concerning their loan needs, earnings, financial condition as well as cross-sale opportunities that benefit the member and the credit union under the guidance of the Lending Manager and Lending Underwriters. Prepares and/or reviews all loan documents for completeness and accuracy including but not limited to the quality control (QC) of funded loan files. Provide product/service information to Credit Union members by answering questions. Review and fund all indirect auto loans. Prepares loan work sheet, insurance record, credit report, and application copy for each loan as necessary. Review all post-funding loan documentation. Compares original application against credit report. Maintains Documentation to ensure that all information has been correctly identified in the Credit Union core system. Follows current loans to ensure compliance with terms and coordinates with Asset Recovery. Provide quality back-ups for all the other members of the Lending Service team.
    $39k-55k yearly est. 14d ago
  • Residential Mortgage Loan Officer

    Unity Bank 4.3company rating

    Loan Processor Job In Clinton, NJ

    The Mortgage Loan Officer is responsible for managing and growing profitable residential lending relationships. The incumbent will be responsible for originating and pre-qualifying mortgage loans, ensuring that goals are met, adhering to all applicable policies and procedures , and satisfying customer needs. Essential Functions * Responsible for originating self-generated mortgage loans in addition to loans referred by Unity Bank referral sources. * Conduct evaluations of borrowers' financial statuses. * Counsel prospective borrowers to assist them in obtaining mortgage financing, and maintain regular contact with borrower(s) once a pre-qualification has been issued. * Assist mortgage operations in obtaining documentation for underwriting and closing of submitted applications. * Provide bank personnel and customers with information on current interest rates and new mortgage products. * Actively enhance the financial relationship of the mortgagee by cross selling Unity Bank products and services where applicable. * Contact and develop interpersonal relationships with prospective lead sources such as real estate professionals and prospective borrowers. Additional Functions * Work towards meeting targets set by management. * Generate leads in the local area through existing customers and other lead sources such as networking and community events. * Maintain knowledge of current bank products and mortgage lending laws and guidelines . Job Requirements and Qualifications Education and Experience * High school diploma. * Five years of experience in mortgage lending. * Must have existing book of business. Licenses and Certifications * NMLS registration. Skills, Knowledge, and Abilities * Excellent computer skills in a Microsoft Windows environment including proficiency in Word and Excel. * Thorough knowledge of mortgage laws, federal and state, as well as Fannie Mae, Freddie Mac & FHA guidelines. * Knowledge of loan origination systems. * Knowledge of market trends in the mortgage industry. * Ability to ascertain customer needs and advise on appropriate products and services. * Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume. * Ability to read, analyze, and interpret legal documents, governmental regulations, and professional publications. * Ability to effectively present information and respond to inquiries from senior management, attorneys, vendors, government agents, and the general public; ability to write reports and business correspondence. * Ability to apply common sense understanding to carry out written and oral instructions. Ability to deal with problems involving several concrete variables in standardized situations. * Ability to work independently with little supervision. Physical Requirements * Ability to sit for long periods of time up to 75% of work hours. * Ability to talk, listen, read, write and see. * Ability to use hands to grasp, handle or feel. * Ability to use standard office equipment such as a telephone, Blackberry, computer keyboard, telephone, copier, fax machine, and calculator. Working Conditions * Moderate sound as in business office with office machines, computers, and people traffic. * Potential work in very loud areas while traveling such as road construction sites. * Travel up to 70% of working hours. Unity Bank is an Equal Employment Opportunity/Affirmative Action Employer Minorities/Females/Individuals with Disabilities/Veterans This is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment. This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities or working conditions associated with it. Unity Bank reserves the right to modify duties or s at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods or otherwise balance the workload. Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States. Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.
    $44k-52k yearly est. 33d ago
  • Outside Mortgage Loan Officer - NJ

    On The Money Talent Acquisition Partners

    Loan Processor Job In Morganville, NJ

    On The Money Talent is proud to represent a powerhouse in the mortgage industry-one of the nation's top 3 retail mortgage lenders, with nearly 600 branches across all 50 states. This exceptional company has been celebrated as one of America's fastest-growing private businesses and is renowned for its award-winning culture. Why Choose This Opportunity? Our client is committed to supporting their employees' success with: Competitive Compensation Plans Comprehensive Benefits Package, including: Medical, dental, and vision coverage. 401(k) plan. Company-provided short-term disability insurance. Employee Assistance and Wellness programs. Position: Outside Loan Originator (Outside LO) As an Outside LO, you will play a pivotal role in originating real estate mortgage loans across New Jersey and surrounding markets while maintaining your NMLS license as required under the S.A.F.E. Act of 2008. Key Responsibilities: Generate Mortgage Leads: Build strong relationships with real estate agents and referral partners. Analyze Loan Markets: Develop referral networks to locate loan prospects. Client-Focused Consultations: Meet with applicants to assess financial status, answer questions, and guide them through loan options and the application process. End-to-End Loan Management: Prepare complete loan applications with all required documentation and work closely with processing and underwriting teams to resolve issues. Community Engagement: Participate in lead-generating activities such as attending closings, open houses, seminars, and training sessions. Customer Service Excellence: Respond to customer inquiries, resolve complaints, and maintain communication with referral sources and real estate partners. What We're Looking For: NMLS License: Required under the S.A.F.E. Act of 2008. Mortgage Expertise: Thorough knowledge of mortgage products, programs, underwriting policies, and procedures. Sales Drive: Experience proactively soliciting new business. Strong Analytical Skills: To evaluate credit requests and market trends. Exceptional Communication Skills: Ability to connect with diverse communities and stakeholders. Technical Proficiency: Proficient in Microsoft Office applications; Encompass experience preferred. Why You'll Succeed Here: This company offers mortgage coaching to help you sharpen your skills and grow your business. With a proven culture of support, state-of-the-art technology, and robust resources, you'll have everything you need to thrive in your role. Ready to take your mortgage career to the next level? Apply now and join a winning team dedicated to helping you succeed!
    $42k-66k yearly est. 60d+ ago
  • In-Office Mortgage Processor

    National Mortgage Staffing 3.9company rating

    Loan Processor Job In Piscataway, NJ

    About the Company: Our client, a well-established mortgage company in Piscataway, NJ, is seeking an experienced Mortgage Loan Processor to join their team. They specialize in providing a wide range of loan products, including Conventional, FHA, and VA loans, and are dedicated to delivering a seamless loan experience for their customers. Job Overview: The Mortgage Loan Processor will be responsible for reviewing and processing mortgage loan applications, ensuring all documentation is complete and compliant with lending guidelines. This individual will work closely with loan officers, underwriters, and borrowers to facilitate timely and efficient loan closings. Key Responsibilities: Review and process loan applications for Conventional, FHA, and VA loans while ensuring compliance with lending guidelines and regulations. Gather, verify, and organize all required borrower documentation, including income, assets, credit, and title documents. Order and review third-party reports such as appraisals, credit reports, and title work. Communicate with loan officers, underwriters, and closing departments to resolve any conditions or outstanding issues. Maintain accurate and up-to-date loan files, ensuring all information is properly documented in the loan origination system. Monitor loan pipelines and ensure all files are progressing within established timelines. Stay current with industry regulations, lender guidelines, and compliance requirements. Provide excellent customer service by keeping borrowers and referral partners informed throughout the loan process. Qualifications & Requirements: 2+ years of experience in mortgage processing, preferably with Conventional, FHA, and VA loans. Strong knowledge of mortgage guidelines, underwriting requirements, and loan documentation. Experience working with loan origination systems (LOS) and mortgage software. Detail-oriented with excellent organizational and time-management skills. Strong communication skills and the ability to work in a fast-paced, deadline-driven environment. Ability to multi-task and manage multiple loan files simultaneously. Understanding of TRID, RESPA, and other mortgage compliance regulations. Salary: 50-60k DOE Thank you for your interest! If your background aligns with our clients needs, one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters. Unfortunately due to high volumes of applicants, we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
    $36k-46k yearly est. 43d ago
  • Consumer Loan Specialist

    Mariner Finance 4.1company rating

    Loan Processor Job In Hamilton, NJ

    Are you a goal-oriented individual? Are you looking to start your career at an industry-leading consumer finance organization with an award-winning service team that has ample opportunity for career growth? If you answered yes to these questions, our Consumer Loan Specialist position, sounds like a fit for you. Apply with Mariner Finance today! Consumer Loan Specialist Reports To Branch Manager FLSA Status Non- Exempt Schedule: Full-time, 40 hours Monday through Friday. Saturday hours required seasonally and as business needs require. Work hours will depend on the business hours of the time zone serviced. To the extent permitted by law, the Company may, in its sole discretion, change the work schedule to address business needs. In This Role, You Will: Support branch operations by learning functions of consumer finance and demonstrating proficiency by meeting or exceeding your individual sales and delinquency targets/goals. You will primarily support sales and collections efforts of the branch through respectful, compassionate, and efficient customer service. Prepare to take on increasing responsibilities as you grow in this role and continue growing your career with Mariner Finance! Responsibilities and Essential Duties: Provide exceptional customer service by proactively solving problems, presenting loan solutions based on customer needs, and enthusiastically presenting all available sales products. Process credit loan applications. Analyze credit & financial information for current and potential customers. Proactively contact customers with past due balances to offer possible solutions and resolve delinquency. Achieve consistent results by meeting or exceeding expected individual and branch goals related to the sale of company products and services. Learn Federal, State, and Local Application Consumer laws to ensure compliant actions. Maintain a cash drawer, including processing payments and delivering daily deposits to specified financial institutions as required. May perform additional functions depending on market demand and branch staffing in order to provide consistent quality customer service. Required Qualifications: Minimum of one (1) year of experience in a customer service or sales position. High school diploma or equivalent. Reliable transportation required. Excellent written and verbal communication skills with the ability to communicate effectively with customers and company personnel. Working knowledge of Microsoft Office or similar programs with the ability to learn financial services programs. Ability to complete essential duties/functions in a timely, accurate manner. Demonstrated problem-solving skills and interpersonal skills in demanding situations. Must obtain applicable, required licenses to sell insurance products offered to customers by the branch. Must perform work related tasks at the assigned branch location except in the event of an emergency as determined by the company in consultation, as necessary, with applicable regulatory agencies. Preferred Qualifications: Cash Handling, selling and/or collecting experience. Some college coursework. Bilingual fluency in Spanish/English. Physical Demands: While performing the duties of this job, the employee is frequently required to sit for extended periods; reach with hands and arms; operate computer and phone systems; and tal
    $28k-63k yearly est. 13d ago
  • Loan Officer

    Caliver Beach Mortgage

    Loan Processor Job In Newark, NJ

    Do you have strong relationship building skills? Have you built your business largely on referrals? Are you an entrepreneur at heart? If so, then we have an exciting opportunity for you. Become your own boss at Caliver Beach Mortgage!! Description: · Run your business remotely on a P&L basis under the umbrella of Caliver Beach Mortgage! · Uncapped commissions! · Loan products for all borrower types! · Add additional LO's to your team OR act as an individual LO! · Licensed in 28 states and growing! · Administrative, operational and compliance support provided by Corporate! Successful Candidate Attributes: · Proven track record developing referral partner relationships with Realtors, CPA's, Financial Planners, etc. · Maintains a database of past clients for marketing purposes. · History of closing at least 3-5 units per month. Loan Officer Requirements: · An active NMLS/MLO license (required). · Strong knowledge of lending regulations and industry best practices. · Exceptional interpersonal and communication skills. · Analytical mindset with the ability to assess complex financial information. · Sales-oriented mindset with a commitment to achieving targets. · Detail-oriented and organized. · Proficient in relevant software and tools. Caliver Beach Mortgage, LLC is an equal opportunity employer. We are committed to diversity and inclusion in our workplace..
    $42k-66k yearly est. 60d+ ago
  • Loan Closing Specialist

    Integrated Resources 4.5company rating

    Loan Processor Job In Newark, NJ

    Integrated Resources, Inc., is led by a seasoned team with combined decades in the industry. We deliver strategic workforce solutions that help you manage your talent and business more efficiently and effectively. Since launching in 1996, IRI has attracted, assembled and retained key employees who are experts in their fields. This has helped us expand into new sectors and steadily grow. Job Description This is a loan closing position responsible for coordinating document flow and loan closings for a growing portfolio of secured solar loans with a stable Fortune 500 utility company located in New Jersey. The successful candidate must be familiar with closing residential and commercial loans and must work well in a fast-paced environment. Key Duties · Communicate with loan customers as to closing procedures and answer customer generated questions and interact regularly with state agencies, legal department, and solar contractors. · Coordinate document flow and gather due diligence from closing attorney, borrowers and solar contractors · Review documentation received, solar technical data and site inspection reports for accuracy · Schedule loan closings with borrower · Calculate final loan amount based upon solar technical data and loan commitment amount. · Prepare funding information sheets detailing wiring information and disbursal of loan proceeds · Coordinate with Accounts Payable to process loan disbursals · Organize closing documentation, files and records Essential Qualifications: · Bachelor's degree or equivalent experience. · Minimum of 3 years of loan processing and/or loan closing experience · Knowledge of, or ability to learn quickly, the technical aspect of solar system production · Experience with records and file management · Strong computer skills; in-depth knowledge of MS Office (Word, Excel) and SharePoint Desired: · Basic knowledge of NJ SREC market · Previous experience working in the solar industry with familiarity with technical aspects of solar system generation Manager Must have · Documentation reading · Loan closing residential/commercial · SharePoint, power point, Excel preferred · Solar or utility exp preferred Qualifications Essential Qualifications: · Bachelor's degree or equivalent experience. · Minimum of 3 years of loan processing and/or loan closing experience · Solar or utility exp preferred Additional Information Kind Regards, Pramod Kumar Technical Recruiter Integrated Resources, Inc. DIRECT # - 732-844-8730
    $27k-41k yearly est. 60d+ ago
  • Consumer Loan Processor

    First Financial Federal Credit Union 3.8company rating

    Loan Processor Job In Freehold, NJ

    First Financial Federal Credit Union is a not-for-profit financial cooperative providing banking products and services to its members in Monmouth and Ocean County. Our goal is make a first rate difference in our Member's lives by providing the highest level of quality products and personalized services while maintaining financial integrity and stability. We have been putting people first and enriching our Member's lives since 1936 by identifying their needs and providing trustworthy and value added solutions. First Financial Federal Credit Union is a technology driven organization with efficient systems and easy to deliver products. We are par with community banks and can provide you with the kind of environment where your skills and talents can make a difference that will be noticed. Job Description Summary: This position is responsible for interviewing consumer and mortgage loan applicants, and originating and processing consumer and mortgage loan applications. Responsibilities: Understands and follows all Bank Secrecy Act regulations. Registers for NMLS and completes required training. Gathers background information on loan applicants by interviewing loan applicants at the branch locations or by phone. Pulls credit reports for all accounts, verifies debts, estimates monthly payments for any outstanding debts not listed, and adds them to debts on application. Coordinates closings with attorneys, title companies and branches for consumer loans. Inputs approved mortgage and consumer loans onto the data processing system and funds the loan closings. Quality control of appraisals, title updates, plot plans and surveys for mortgages. Prepares closing documents as necessary. Reviews returned closing packages for accuracy and compliance. Follows-up on pending documentation to ensure the completion of the file. Answers member phone inquiries for mortgage or consumer loan information or maintenance. Booking and funding of loans. Submits loans to Freddie Mac using loan prospector software. Coordinates subordination requests for approval by the Vice President of Lending. Collects, audits and submits HMDA information quarterly and annually. Handles loan servicing including escrow and PMI disclosures and analysis. Makes calls/cross sells additional loan products. Note: The list of essential functions is not exhaustive. It may be supplemented as necessary from time to time. Additional Functions: Supports the consumer loan staff. Qualifications Qualifications: HS Diploma or equivalent 1 year to 2 years similar or related experience. Proficient in MS Office, especially Excel. Good organizational skills and able to multitask. Strong interpersonal skills. Ability to comprehend simple instructions, short correspondence and memos. Able to apply common sense understanding to carry out detailed written or oral instructions. Ability to research, collect, and analyze data. Creative at problem solving and developing alternative solutions. Accuracy and attention to detail. Strong verbal communication skills. Able to present information in one-on-one and small group situations. Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions. Good basic math skills. Additional Information As a First Financial employee, you'll enjoy a challenging work environment. We offer a great benefits package including Medical, Dental, Rx, Vision, Life Ins., Retirement Plans, Vacation, Sick and Personal. All your information will be kept confidential according to EEO guidelines.
    $38k-47k yearly est. 16d ago
  • NB1345 - SBA Loan Specialist

    Northfield Bank 4.3company rating

    Loan Processor Job In Rahway, NJ

    Northfield Bank is a full service bank with 38 branch locations throughout New Jersey; and Staten Island and Brooklyn, New York. With a history dating back to 1887, our growth continues through expansion of our presence in local communities and in our Product and Service offerings. Over 300 employees with diverse backgrounds and cultures have come together to make Northfield Bank what it is today. The Bank believes in providing all employees with the opportunity to reach their career potential and encourages advancement within the organization. For more information, please visit ******************* Job Title: SBA Loan Specialist Job Location: Rahway, NJ Job Status: Full-Time Job Summary Primarily will be responsible for supporting and coordinating all aspects of commercial and real estate loan closings and loan portfolio management. Daily responsibilities will include but not limited to supporting Relationship Managers, Portfolio Managers and Team Leaders for loans within the portfolio and new loan originations through loan inputs, payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline and files, etc. Responsibilities Include: Process all new loan request (i.e. credit reports, flood searches, OFAC, Lexis-Nexis, tax searches, Relationship work ups, 4506T, UCC searches, municipal searches, collateral searches, other property searches and any additional reports related to loan requests) Enter loans into origination system Organizes, scans, and maintains all Loan files for Dept. throughout life of loan Contacts applicants to request any required outstanding documentation Orders all appraisals, environmental and engineer reports and monitors progress until completion Tracks all fees and good faith deposits collected Prepares documentation required to obtain commitment letters from Closing Dept., reviews commitments for accuracy, and monitors all stages until loan closes Coordinates closings with the attorneys and prepares final Bank paperwork for loan origination Verify that loan is input into Bank core processing system correctly Maintains all construction files and monitors builders risk insurance, permits and title continuations Orders all site inspections Prepare and submit invoices for processing Prepares all documentation for construction advances and line of credit advances and paydowns Assists Portfolio Manager with all Department Internal Reports including but not limited to past due reports, monthly loan trial balance, new loans closed, pay offs and deposit reports Follow-up with borrowers on post-closing loan undertakings and escrows Handles and services customers with any telephone inquiries regarding new and existing accounts (ACH payments, wire transfers, deposit and loan balances, releases, payoff letters, tax issues, insurance, etc.) Adheres to Bank policies and procedures Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. (Senior) SBA Loan Specialist Job Summary: Primarily will be responsible for supporting and coordinating all aspects of SBA loan servicing. Daily responsibilities will include but not limited to the oversight and review of SBA loans, input or callback of loan servicing activities such as payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline, reviewing and obtaining expired insurance, preparing files that have been paid in full, etc. Responsibilities Include: Process Loan payoffs and complete tasks on related checklists including but not limited to collateral release, member communication, and servicing Review various loan reports and related documentation on a daily, weekly, and monthly basis to ensure accuracy of information recorded in the core lending system. Responsible for accurate report retention Prepare loan documentation for audits, regulatory and other loan reviews Review, scan, and upload files at closing Maintain E-Tran procedures, perform service requests, and obtain authorizations Prepare files that have been paid in full Adheres to Bank policies and procedures Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. Core Competencies : Productivity - Generates high levels of output. Consistently meets workload demands. Consistently meets deadlines. Efficient at multi-tasking and demonstrates organization skills. Strives for results and efficiency. Analytical Skills - Ability to take large volumes of data and then analyze trends and produce a result. Ability to breakdown complex problems into simpler, more manageable components. Ability to gather all information necessary to solve a problem, recognize underlying issues based on data and trends, and organize all relevant information to provide insight and ideas on how to draw appropriate conclusions that will help the solve problem. Accuracy - Ensures that work is complete and without error. Verifies information. Interpersonal Skills - Demonstrates behavior in alignment with our Code of Conduct. Possesses a positive attitude and enthusiasm towards customer interactions, job duties and work performance. Is approachable, warm, friendly and open-minded. Is capable of adjusting communication style to effectively interact with both internal and external client. Preferred: Professionalism - Sets a good example in every aspect of work performance including behavior, appearance and communications. Interacts with colleagues and customers in a courteous and respectful manner. Possesses high ethical standards and maintains confidentiality when needed. Exhibits a positive professional impression through appropriate business attire in compliance with the company dress code. Demonstrates ability to withstand pressure and to remain calm in crisis situations. Job Requirements : 3-5 years experience in SBA lending or related fields Excellent written and oral communications skills Ability to manage priorities and workflow Versatility, flexibility, and a willingness to work within constantly changing priorities Proficiency in Microsoft Office Suite Strong interpersonal skills Good judgement with the ability to make timely and sound decisions Ability to effectively present information and respond to questions **Northfield Bank is an Equal Employment Opportunity Employer M/F/Disability/Protected Veteran**
    $50k-85k yearly est. 23d ago
  • In-Office Mortgage Coach/Loan Officer Trainer

    National Mortgage Staffing 3.9company rating

    Loan Processor Job In Piscataway, NJ

    The Mortgage Coach will be responsible for training, coaching, and mentoring loan officers to improve their performance, enhance their sales strategies, and increase loan volume. This individual will work closely with leadership to set production goals, track progress, and hold loan officers accountable for achieving success. The ideal candidate has extensive mortgage industry experience, a passion for coaching, and a proven ability to develop high-performing loan officers. Key Responsibilities: Loan Officer Training & Development: Provide ongoing training, coaching, and mentorship to new and experienced loan officers to improve their skills and production levels. Develop and implement structured onboarding and training programs for newly hired loan officers. Conduct regular coaching sessions, role-playing exercises, and skill-building workshops focused on sales, prospecting, and customer service. Performance Management & Accountability: Set clear, measurable goals for each loan officer and provide guidance on how to achieve them. Monitor and analyze loan officers' pipeline, conversion rates, and key performance indicators (KPIs). Hold loan officers accountable for meeting production targets through one-on-one coaching, check-ins, and progress reviews. Identify areas of improvement and create personalized action plans to help loan officers overcome challenges. Sales & Business Development Coaching: Teach loan officers effective prospecting techniques to generate leads and build strong referral networks. Provide guidance on building relationships with realtors, builders, and financial advisors to expand their client base. Train loan officers on consultative selling, objection handling, and customer experience strategies to improve closing rates. Share best practices for marketing, social media presence, and leveraging CRM tools for business growth. Motivation & Team Culture: Foster a high-performance, motivational culture that encourages collaboration, competition, and continuous improvement. Celebrate wins and recognize top performers through incentives, rewards, and recognition programs. Lead weekly or monthly sales meetings, mastermind sessions, and training workshops to keep the team engaged and informed. Qualifications & Requirements: 5+ years of experience in the mortgage industry as a loan officer, sales manager, or trainer/coach. Strong understanding of loan products, guidelines, compliance, and the mortgage sales process. Proven ability to coach, mentor, and develop loan officers to improve performance and productivity. Excellent communication, leadership, and motivational skills. Strong analytical skills with the ability to track performance metrics and identify areas for improvement. Experience working with CRM systems, loan origination software, and sales tracking tools. Total Comp- $50k-120k- Base plus incentive Thank you for your interest! If your background aligns with our clients needs, one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters. Unfortunately due to high volumes of applicants, we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
    $34k-55k yearly est. 7d ago

Learn More About Loan Processor Jobs

How much does a Loan Processor earn in Monroe, NJ?

The average loan processor in Monroe, NJ earns between $32,000 and $64,000 annually. This compares to the national average loan processor range of $28,000 to $50,000.

Average Loan Processor Salary In Monroe, NJ

$45,000

What are the biggest employers of Loan Processors in Monroe, NJ?

The biggest employers of Loan Processors in Monroe, NJ are:
  1. First Financial Federal Credit Union
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