Sr Loan Processing Analyst/ POD Owner

Job Summary:

As a Sr Loan Processing Analyst, you'll play a critical role in facilitating the loan validation process from application to closing. This role involves gathering, verifying, and reviewing all necessary documentation to ensure loan files are complete and compliant with internal policies and regulatory requirements. This role needs to manage a small team of 4-5 members

Key Responsibilities:

• Review and validate loan applications for completeness and accuracy
• Collect and analyze loan documents such as bank statements, title documents, credit reports, and property appraisals
• Communicate with Loan Officer & Account Managers to request missing information and provide updates
• Ensure loan files comply with company policies, investor guidelines, and regulatory requirements
• Prepare loan files for underwriting and coordinate with underwriters for approvals
• Identify potential issues or red flags and escalate when necessary
• Track and manage pipeline to ensure loans meet closing timelines

Required Qualifications:

Educational:

• Degree level

Experience:

• At least 3 years of experience as a loan processor or in a similar role.

Skills and Competencies:

• Strong understanding of mortgage lending procedures and loan products
• Detail-oriented with the ability to multitask and work in a deadline-driven environment
• Excellent organizational, and problem-solving skills
• Excellent communication and customer service abilities
• Proficiency with any CRM and document management software

Preferred Qualifications:

• Experience with Non-QM or investor-based loan products
• Prior experience in mortgage loan processing is highly preferred