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We are looking for a dedicated and detail-oriented Loan Processor to join our team in Sunnyvale, California. In this Contract-to-Permanent role, you will play a pivotal part in ensuring the accurate and efficient processing of real estate loans while maintaining compliance with regulatory standards. This position offers the opportunity to collaborate closely with team members and applicants to deliver an exceptional lending experience.
Job Responsibility:
Review loan applications to ensure all required information and documentation are complete and accurate
Verify and validate supporting documents such as income statements, credit reports, appraisals, and title work
Input loan details into the organization's system, ensuring compliance and accuracy
Communicate proactively with loan officers, underwriters, and applicants to facilitate smooth loan processing
Address member inquiries and provide clear guidance throughout the loan process
Ensure all loan files meet organizational policies as well as state and federal regulations
Collaborate with the lending team to streamline workflows and improve operational efficiency
Monitor loan progress and provide regular updates to management on application status and key metrics
Generate detailed reports on loan processing activities, including timelines, volumes, and pending applications
Participate in training sessions to stay current on compliance requirements and industry practices
Requirements:
High school diploma or equivalent required
At least 2 years of experience in residential loan processing, preferably in a credit union or community bank setting
Strong knowledge of mortgage loan program guidelines, including VA and conventional loans
Exceptional organizational skills with the ability to manage multiple tasks effectively
Proficient in verbal and written communication, ensuring clarity and professionalism
Familiarity with loan origination software and standard office applications such as Microsoft Office
Understanding of compliance regulations and guidelines within the lending industry
Nice to have:
An associate's or bachelor's degree in business, finance, or a related field is preferred
Previous experience in mortgage processing, closing, lending, or origination is highly desirable
What we offer:
Medical, vision, dental, and life and disability insurance
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