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Anchor Loans · 3 months ago

Loan Account Coordinator

United States

Full-time

Remote

New Grad, Entry Level

$26/hr - $30/hr

Anchor Loans is the nation’s leading private, direct lender to experienced residential real estate investors and builders, specializing in bridge loans and construction financing. The Loan Account Coordinator serves as the primary liaison between borrowers, loan officers, and internal departments to ensure smooth and efficient loan processing from application to closing.

Financial ServicesPayments

Responsibilities

Establish and maintain relationships with clients and referral partners to retain existing business and attract new

Enter prospective new loan applications into the loan origination system. Prepare Estimated Settlement Statements and LOI’s as necessary on all loan structures

Reconcile and organize all application information received and review items for qualification

Order and secure all third-party documents such as title, credit reports, appraisal and any other items required on the loan files

Act as a liaison between clients, internal staff, brokers, title companies, etc. to respond to inquiries, provide status updates and obtain all necessary documentation required for the file

Manage a loan pipeline of 20 to 25 loans, resolving any problems or conditions in an expeditious manner as the file moves through the process, from initial receipt through funding

Prepare and review mortgage loan files to ensure compliance with investor guidelines. Submit files outside of guidelines to Credit Committee for approval

Ensure that all loan files submitted to underwriting are complete and accurate. This requires pre-underwriting of the borrower and loan file. (Loan structure, loan terms, cash reserves, borrower experience, escrow/title documentation, and initial evaluation of risk)

Perform related duties and special projects as assigned

Qualification

Loan processing experienceInterpersonal communicationOrganizational skillsTime managementMultitasking ability

Required

Experience as a loan processor preferred

Superb interpersonal, written and verbal communication

Ability to provide exemplary service to clients and co-workers

Excellent organizational and time management skills with attention to detail

Ability to manage multiple tasks and deadlines simultaneously to maintain a high-volume workload in a fast paced, deadline driven environment

Candidates should have a strong ability to prioritize and multitask without being micro-managed to meet multiple deadlines and work well in a team environment