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Ascent Developer Solutions · 19 hours ago

Loan Processor

Encino, CA

Full-time

Hybrid

Entry, Mid Level

$28.85/hr - $43.27/hr

Ascent Developer Solutions is a leading private lending platform focused on real estate development. The Loan Processor plays a key role in ensuring loans are processed accurately and efficiently, collaborating with various stakeholders to manage the loan pipeline from application to funding.

Financial ServicesReal Estate Investment

Responsibilities

Update loan data and documentation in our Loan Origination System (LOS) to ensure timely, accurate and detailed records

Manage loan pipeline for both efficiency and compliance to internal standards and/or SLA

Obtain, review, and organize files necessary for borrower entity, property, and loan documentation, including, but not limited to entity documentation, sponsor financial statements, construction budgets, plans and permits

Order, review and organize third-party documentation, including property profiles, title insurance, credit reports, tax transcripts, credit supplements, property questionnaires, subordination requests, and title work

Facilitate and support interactions between Sponsor applicants, loan officers, agents, and underwriters toward a timely approval, closing and funding

Recommend and implement best practices as part of Ascent's dedication to creating an industry-leading customer experience

Qualification

Residential Construction experienceCommercial CRE operationsLoan processing workflowsFinancial software proficiencyAttention to detailInterpersonal skillsWritten communication

Required

Good knowledge of operational risk and loan processing workflows

Exceptional attention to detail and adherence to internal standards

Strong interpersonal and written communication skills

Proficiency in financial software tools, including standard LOS and servicing platforms

Preferred

Experience in both Residential Construction and commercial CRE operations, risk assessment and QC, preferably in a financial services or lending institution

Familiarity with business purpose and/or construction loan underwriting