Loan Processor Job at MCapital Holdings, LLC

MCapital Holdings, LLC Remote

Qualifications
High school or equivalent (Preferred)
Loan Processing experience: 1-3 years (Preferred)
Bilingual a PLUS

Primary Job:
Prepare loan submissions received from Loan Officers for Underwriting within MCapital and or other lending institutions. Submit, track, and follow up on all documentation required to close loans.

Essential Duties and Responsibilities:
Review/Update files via CaptaSoft (lead & file management)
Review submissions for completeness of documentation required for loan approval
Prepare/Review Initial Disclosures
Submit all eligible files through DU/LP for automated approval prior to submitting to broker partners and or MCapital.
Point of contact for Loan Officer and/or Borrower
Obtain and review needed documentation for final approval. Follow up and work with Loan Officer/Borrower through funding on any items needed to close loans
Ensure all borrowers receive final documentation in escrow prior to signing loan docs
Closing Disclosure Review
Follow through in obtaining broker check and other documentation needed for closing
Close out files after funding to meet the standards of our Quality Control Department, work on any files with missing documentation or those that may need corrections to make sure that all files meet MCapital standards for Quality Control
Conduct weekly pipeline review meetings with Loan Officers/Joey Garcia (VP of Production/Processing)
Maintain current posted turn times and customer service levels
Develop and maintain current procedures for all functions within the Loan Processor position
Additional projects as assigned

Qualifications/Requirements:
Commitment to company values, policies and procedures
Excellent interpersonal communication skills
Customer Service – the ability to provide and maintain effective and positive communication
Adaptability – an ability to quickly learn new or different techniques, products and computer programs
Problem Solving – an ability to effectively analyze and resolve problems at a functional level
This person must live our culture every day! (Respect, Transparency, Ethical)
Other duties as assigned
Strong knowledge of multiple loan programs including FHA/VA, Conventional, ACCESS, USDA DU/LP, Jumbo
Strong interpersonal and customer service skills required; ability to work with diverse base of contacts (Loan Officers, clients, agents, lenders, title companies, etc.)
Detail-oriented individual with strong organizational and multitasking skills
Computer skills required include Word, Excel, Outlook (e-mail), Encompass (mortgage origination software), and or Calyx Point.
Strong mathematical aptitude, ability to calculate income via W-2/Tax Returns
Ability to work under pressure and meet stringent deadlines on a consistent basis

Embrace the MCapital Culture “Experience That Matters”:
100 years of combined experience in business.
Reliable deal flow / Pipeline
Multiple lending spaces to learn (Traditional, Private equity, Private Money, and Commercial)
Training available in all divisions
Increase MCapital’s workforce diversity
Increase the diversity of the communities we serve

Live in our values everyday- Respect~ Transparency~ Ethical!

Job Type: Remote / Contract
Benefits:
Weekly pay!
Dedicated Processing Manager
Ability to work directly with owners
Flexible schedules
Training
Physical Setting:
Remote
Schedule:
TBD (Monday to Friday)
Add details
Education:
High school or equivalent (Preferred)
Experience:
Loan Processing: 1-3 years (Preferred)
Work Location:
One location
Work Remotely:
Yes

Job Types: Full-time, Contract

Pay: Up to $100,000.00 per year

Physical setting:

  • Office

Supplemental pay types:

  • Commission pay

Education:

  • High school or equivalent (Preferred)

Work Location: Remote




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