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Royal Business Bank · 10 hours ago

Loan Processor

Los Angeles, CA

Full-time

Onsite

Entry Level

$50K/yr - $62K/yr

1+ years exp

Royal Business Bank is a rapidly growing bank that offers a comprehensive suite of banking services. They are seeking a Loan Processor responsible for routing mortgage loan files, ensuring all documentation is complete and compliant for approval and closing.

BankingCommunitiesFinancial ServicesOnline Portals

Growth Opportunities

No H1B

Hiring Manager

Queena Xu

Responsibilities

Communicate with borrowers, underwriters and loan officers to assemble file for underwriting

Ensure that all of the documentation necessary to obtain loan approval has been received, reviewed and updated

Review all files for completeness and accuracy prior to loan submission

Review items needed on conditional approval

Obtain and verify all underwriting and funding conditions

Submit loan for final approval to underwriting

Maintain a pipeline of loans and is responsible for the timely and compliant flow of loans until closing

Perform other duties as assigned

Qualification

Mortgage loan processingFNMA guidelinesFHA guidelinesEffective communicationTime managementOrganizational skillsComputer literateBilingual (English/Mandarin)

Required

High school diploma or equivalent

Minimum 1-2 years of current mortgage loan processing experience

Computer literate

effective verbal and written communication skills

excellent time management and organizational skills

knowledge of FNMA, FHLMC, VA and FHA guidelines

Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future

Preferred

AA degree

bilingual (English/Mandarin)

Benefits

Medical insurance

Vision insurance

Dental insurance

401(k)

Disability insurance

Company

Royal Business Bank

Since opening our first branch in Los Angeles in 2008, Royal Business Bank has grown rapidly by adding branches in California, Nevada, New York, New Jersey, Illinois, and Hawaii.

Founded in 2008

Los Angeles, California, USA

201-500 employees

https://www.royalbusinessbankusa.com

Funding

Current Stage

Public Company

Total Funding

$58.96M

Key Investors

Community Development Financial Institutions Fund

2023-04-10Grant· $4.96M

2017-07-31IPO

2013-07-05Series Unknown· $54M

Leadership Team

Lynn M. Hopkins

Chief Financial Officer

Diana Hanson

SVP, Chief Accounting Officer

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