Loan Processor
- Location
- Borough Park, Brooklyn, NY
- Work type
- Full time
- Posted
- 2026-07-16
Job description
Loan Processor : Full-Time
The Loan Processor supports the mortgage lending team by gathering, verifying, and organizing borrower documentation to move home loans from application to closing. The Loan Processor is the main point of contact between borrowers, loan officers, underwriters, and third parties like banks, appraisers, and title companies.
Key Responsibilities
- Collect & Organize Documentation
Request income, asset, ID, and property docs from borrowers
Review files for missing signatures, pages, or errors
Upload and organize documents in the loan origination system
- Verify Information
Confirm employment and income via VOE forms, paystubs, W-2s, tax returns
Order credit reports, appraisals, title work, and insurance
Check bank statements for large deposits or red flags
- Communication
Act as liaison between borrower, loan officer, underwriter, and vendors
Answer emails/calls from borrowers and banks about loan status or doc needs
Send timely updates and requests to keep all parties informed
- Compliance & Accuracy
Ensure all docs meet TRID, RESPA, HMDA, and company guidelines
Prep complete files for underwriting review Meet deadlines — purchase contracts have hard closing dates
- Problem-Solving
Flag issues early: missing docs, income gaps, credit problems Work with loan officer to resolve conditions from underwriting
Qualifications
Strong attention to detail
Excellent written/verbal communication skills
Proficient in Microsoft Office, email, and general computer use
Ability to handle confidential financial info with integrity
Work well under deadlines in a fast-paced environment
Send your resume: [email protected] or call (347) 853-0097
