Job Description

Our institution is experiencing rapid growth! Job Summary: Our Team Loan Processor (the “LP3” or “Loan Partner 3”) is responsible for timely and high-quality loan processing from Contract/Lock to Funding/Post-Closing. The LP3 collaborates with the Loan Officer (LO), and licensed Loan Partner Two (aka LOA or LP2), Team Captain, loan underwriters, borrowers, and other key stakeholders to review and submit high-quality loan applications to underwriting. This position requires extensive knowledge of investor guidelines, strong attention to detail, expertise in analyzing cash, credit, capacity (income), and collateral, and proactive communication to minimize underwriting conditions and enhance the borrower experience. The first and most critical of our Team Core Values is a High Quality, Consistent, and Repeatable FIRST CLASS Borrower and referring Realtor experience. The Lucrezia Loan Team: We are a high-volume BROKER shop closing between 20-30 loans per month and growing to 30 – 40 loans per month within 12 months. We value work/life harmony, and our ideal processor for this position is someone who will retire with us after a long, lucrative career, and all while living a life of gratitude and abundance as we work hard and love what we do to help others in their home ownership journey. We host fun and engaging team offsite visits, parties, and growth events. We participate in professional coaching to help all team members become the best versions of themselves, both in the workplace and at home.  This position comes with the potential to receive an assistant to support our ideal candidate with 3rd party items and perform other tedious tasks that slow down a GREAT processor. Our compensation package offers stability, security, and growth with the potential to earn well over $100,000.  If you are a detail-oriented processor with a track record of accurate and timely mortgage approvals, we invite you to apply today! Responsibilities: Core Duties & Key Measurements Pre-Underwrite: • Review ALL loans within 1 business day of receipt (or per LO directives) • Review 5 loans daily (or per LO directives) • Submit ALL loans within 3 business days of receipt • 3 underwriting submissions daily • 95%+ of initial CLAs must have 10 or fewer conditions Post-Underwrite: • Two-touch Clear to Close (CTC) maximum • 95%+ of all loans close on time Post-Fund: • All post-funding issues are answered the same day • Execute same-day closing check-in with borrower and realtor, and post-funding thank you appreciation call Essential Duties of this Position Pre-Underwrite • Verify that the initial loan file is complete using the pre-underwrite checklist • Request any additional documentation from Borrower on cash, credit, and capacity (income) for a complete loan submission, and ensure the borrower returns items within 24 hours • Initiate ALL third-party items (or direct LP3A to do so, if applicable) • Submit high-quality loans for preliminary underwriting without over-analyzing Post-Underwrite: • Analyze the Conditional Loan Approval (CLA) to ensure all conditions are clear • Confirm outstanding CLA items have NOT already been received before reaching out to external parties (avoid duplicate requests to borrowers) • Request conditions in layman’s terms that are easy for borrowers to understand • Thoughtfully review & submit all conditions to underwriting • Proactively communicate with LP2 (via phone or face-to-face) on better submission practices • Send all Clear to Close (CTC) requests via email to the loan team (including Opener) • Review ICD and CDs to ensure accuracy vs. the original Loan Estimate (LE) Post-Fund: • Monitor pending closed loans for funding authorization • Ensure Signed docs from the Settlement agent are received, and ensure the broker check/wire is correct and received • Clear any post-funding conditions as required • Support LO, LP1, LP2, and borrowers with any post-funding questions Additional Responsibilities: • Collaborate with BOM to improve the LP2 submission checklist for efficiency • Attend virtual Daily Team Meetings, Weekly Team Meetings (WTM) to review the entire loan pipeline, and receive training • Attend in person in Michigan or NY quarterly team meetings and yearly team meetings for team collaboration, celebration, and team/process growth and improvement. • Log all crucial communication in LOS Conversation / Notes Log • Build relationships with closing, funding, post-closing, and QC teams through periodic visits & training sessions • High-quality borrower & third-party communication is required, differentiating this role from a traditional Loan Processor Qualifications: Other Standard Job Requirements • Must be fluent in written and conversational Spanish • High school diploma or equivalent • Minimum 3 years of underwriting or processing experience in the BROKER channel • 40+ hours per week commitment • Proficient in DU/DO and LP, and NON-QM • Major Loan Origination Systems (LOS) expertise (ARIVE, Encompass, Calyx Point, etc.). • Strong understanding of investor guidelines • Microsoft Office Suite proficiency (Word, Excel, PowerPoint) • Google Business Suite, Google Sheets, Google Docs, Notion proficiency • Excellent verbal and written communication skills • Strong time management ability to work under pressure • Detail-oriented with a strong sense of accountability • Team player with the ability to collaborate across corporate branch levels • Completion of all required regulatory and compliance training About Company: I’m Philip Lucrezia, a retired real estate attorney, licensed home builder, and mortgage broker with over 17 years of experience in the real estate and finance industry. Since 2017, I’ve been helping clients secure smart mortgage solutions. At Go Rascal, we offer custom-fit loan products for every type of borrower. With deep roots in New York and New Jersey, I’ve built a reputation for creative financing strategies and a relentless commitment to service. My team serves a diverse client base and communicates fluently in Spanish, Italian, and Polish. We specialize in complex deals that many other lenders can’t handle. We are built on transparency, discipline, efficiency, and results. We run lean, move fast, and stay focused on creating wins for clients and referral partners. I’m looking to grow the team with professionals who are hungry to learn, eager to perform, and driven by purpose. If you’re someone who thrives in a high-performance, high-impact environment, I’d love to connect.

Job Tags

Contract work, Work at office,

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