Loan Analyst

Skills

About the Role

You will process loans and get them ready for an underwriting decision. You'll work with third parties, borrowers, and mortgage brokers to keep the loan process smooth, act as the primary customer contact, review documents against credit policy, and meet your quotas while collaborating cross-functionally.

Requirements

• Associate's or Bachelor's degree or equivalent experience in business (preferred)
• 1-2 years as Loan Analyst or Processor, or 2-3 years in mortgage lending
• Strong computer skills including Microsoft Word, Excel, and Google Suite
• Ability to define problems, collect data, and draw valid conclusions
• Outstanding verbal and written communication skills
• Openness to feedback and ability to follow a proven process
• Adhere to company security policies and complete security awareness training
• Flexibility in a dynamic environment

Responsibilities

• Analyze loan applications, collect essential documents, and obtain third-party reports
• Contact customers and third parties by phone, email, and text for documents and information and provide proactive status updates
• Serve as primary point of contact for customers during processing and underwriting
• Review and analyze documents against credit policy to prepare loans for underwriting
• Meet and exceed daily and monthly quotas for new application reviews
• Identify roadblocks or credit policy issues and work with sales and operations teams
• Work with cross-functional team to meet processing and funding goals
• Contribute to cross-functional projects such as testing systems, training new hires, and reporting
• Attend team meetings and give feedback

Benefits

• Medical, dental, and vision coverage with 100% employer-paid premiums on select plans
• HSA, FSA, Dependent Care FSA, 401(k), and commuter benefits
• Employer-paid life and disability insurance
• 11 observed holidays and PTO plan
• Up to 12 weeks of paid family leave
• Continuing education reimbursement