Benefits:
401(k) matching
Competitive salary
Dental insurance
Health insurance
Paid time off
Vision insurance
We are seeking an experienced Small Business Hard Money Loan Processor to manage business-purpose loan files from application through funding. The ideal candidate is organized, detail-oriented, and experienced in coordinating with borrowers, brokers, underwriters, title companies, attorneys, and other parties to ensure accurate, compliant, and timely closings.
Responsibilities
Manage loan files from application through underwriting, closing, funding, and post-closing.
Review loan applications for completeness, accuracy, and eligibility.
Collect, verify, and organize borrower and business documentation.
Analyze borrower financial information, including cash flow, debt, liquidity, credit, collateral, and repayment ability.
Calculate key metrics such as debt-service coverage ratio, debt to income ratio, LTV, and CLTV.
Order title reports, insurance, lien searches, background checks, and other third-party reports.
Identify missing documentation and submit complete loan packages to underwriting.
Communicate loan conditions and follow up with borrowers and brokers to satisfy outstanding requirements.
Coordinate closings with title companies, escrow officers, attorneys, and insurance providers.
Review closing documents and confirm all approval conditions are met before funding.
Maintain accurate records in the loan origination system, CRM, and document management platform.
Track loan pipelines and ensure deadlines and closing dates are met.
Follow company policies and lending regulations, including fraud prevention and compliance requirements.
Assist with post-closing activities, including trailing documents, collateral files, recorded instruments, payoff requests, collections, reconveyances, and construction draw administration.
Qualifications
Minimum two years of loan processing experience, preferably in private lending, hard money, or small-business lending.
Experience processing business-purpose loans such as fix-and-flip, bridge, rental property, commercial real estate, working capital, or equipment-secured loans.
Knowledge of business entities, including LLCs, corporations, partnerships, trusts, and personal guarantees.
Experience coordinating multi-state transactions.
Understanding of asset-based underwriting, title, liens, insurance, appraisals, and closing requirements.
Familiarity with fraud prevention, and lending compliance standards.
Experience working with brokers, borrowers, title companies, and closing attorneys.
Knowledge of construction draws, inspections, budgets, lien waivers, and disbursement tracking is preferred.
Strong organizational, analytical, and communication skills with exceptional attention to detail.
Proficiency with Microsoft Office, Excel, loan origination systems, CRM software, and electronic document management.
Ability to manage multiple deadlines while handling confidential information professionally.
High school diploma or equivalent required.
Notary and/or NMLS license preferred but not required.
Benefits
Competitive compensation
Medical, dental, and vision insurance
Paid vacation, holidays, and sick leave
Retirement plan with employer contribution
Opportunity to play a key role in helping small businesses and real estate investors secure financing