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About World Business Lenders ((link removed))
World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States. With its unique business model, and disciplined approach to underwriting and risk management, WBL is committed to creating a pre-eminent brand that focuses on helping small businesses identify opportunities to grow. As a matter of corporate governance, the company is steadfast in maintaining diversity in its workforce and boardroom, embracing its social responsibility, and strengthening its ties to the communities it serves. YOU MUST LIVE IN NEW JERSEY
About the Job:
The Loan Processor will be responsible for ensuring all critical deadlines are met, completing their responsibilities as it pertains to completing loan disclosures, processing all loans timely and meeting established Service Level Agreement (SLAs). This position will also be responsible for maintaining exceptional communication with both internal and external customers/borrowers, and for taking the initiative to investigate, research and resolve any issues that may arise.
Additionally, this individual will work closely with Sales, Underwriting, Valuation and Closing departments to ensure that all loan conditions are submitted timely, loan quality expectations are met, and that files move to closing with as few U/W touches as possible.
Responsibilities
- Act as point of contact and liaison between borrowers and internal departments (Sales, Underwriting, Valuation and Closing).
- Perform a general evaluation of all loan applications and related documents.
- Review, manage and prioritize loans to meet ALL closing dates.
- Maintain a working pipeline of 10-20 loans.
- Review credit, income, asset documentation, transcripts, title, appraisal and any other required documentation for the packages.
- Verify loan packages for accuracy and completeness of conditions required for the loan.
- Communicate clearly with the borrower using the most effective medium to obtain information/documents and answer any questions or concerns.
- Adhere to established SLAs, policies, and procedures to ensure effective pipeline management.
- Performs other duties as may be assigned or required.
Requirements
- YOU MUST LIVE IN NEW JERSEY
- Bachelors Degree (four-year college or technical school) Preferred, Field of Study: Finance, Economics or a related field
- 2-4 years experience as a Processor in a mortgage lending organization (residential or commercial) required
- Residence in New Jersey.
- Exceptional customer service and communication skills
- Ability to prioritize effectively and meet deadlines
- Excellent attention to detail
- Ability to analyze a loan file and determine what is needed/required
Benefits
Compensation package $50,000-$60,000 DOE
Vacation/holiday pay and 401(k) Plan with company match; comprehensive benefits package (Medical/Dental/Vision coverage, Life/Accident/Short-Term Disability insurance); Employee Assistance Program (EAP)
EOE M/F/D/V/SO
World Business Lenders does not sponsor work visas for this position.
World Business Lenders participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the United States.
World Business Lenders, LLC
