Junior Loan Processor (HELOC) $40k-$50k Plus Monthly Bonus

We are a client-focused financial institution committed to helping homeowners access the equity in their homes with efficiency, precision, and care. Our team excels through collaboration, meticulous attention to detail, and the delivery of exceptional service throughout every stage of the lending process.

Position Overview

As a Junior Processor , you will manage the end-to-end processing of Home Equity Line of Credit applications across both retail and wholesale channels. You will collaborate closely with loan officers, underwriters, external third-party partners, and clients to ensure all documentation is accurate, complete, and fully compliant with regulatory requirements.

Key Responsibilities

●     Review and verify borrower information, including credit reports, income, credit and asset documentation, as well as property details to ensure accuracy and completeness.

●     Prepare and submit complete loan files to Underwriting to obtain approval and achieve Clear to Close upon initial review.

●     Communicate with applicants to request any outstanding documentation and provide status updates at regular intervals (every 24–48 hours).

●     Prepare and provide weekly pipeline updates to Loan Officers, clearly communicating the status of each loan file.

●     Respond to all emails within the same business day. Urgent matters should be addressed immediately upon receipt.

●     Facilitate communication with external third-party partners, including but not limited to appraisal management companies, title companies, and insurance agencies.

●     Ensure full compliance with applicable lending regulations, internal policies, and investor guidelines.

●     Maintain accurate and up-to-date records while consistently meeting established processing timelines.

●     Consistently maintain a pipeline of 30-40 files while achieving a closing volume of 20-30 transactions

Qualifications

●     2+ years of mortgage or HELOC processing experience preferred.

●     Strong knowledge of lending regulations and documentation requirements.

●     Excellent organizational skills with high attention to detail.

●     Proficient in loan origination systems and Microsoft Office Suite.

●     Strong communication and customer service skills.

Benefits

●     Competitive salary $40,000-$50,000 annually with a monthly bonus structure

●     Health, dental, and vision insurance

●     Paid time off and holidays

●     401(k)

●     Professional development opportunities