Loan Officer Assistant

This is a fully remote position, open to applicants in Philippines.

📋 Description

• Assist loan officers in collecting, organizing, and reviewing client documentation pertinent to real estate financing.

• Evaluate loan applications for completeness and correctness before submission.

• Keep precise and current loan files and client records.

• Monitor loan schedules and ensure all tasks are completed within critical deadlines.

• Prepare documentation to facilitate seamless loan funding and closing processes.

• Communicate with clients to provide updates, respond to inquiries, and request further information.

• Serve as an intermediary between borrowers, loan officers, underwriters, and processors.

• Uphold professional, timely, and clear communication with borrowers and referral partners.

• Foster positive borrower experiences through consistent follow-ups and updates.

• Collaborate with underwriters and internal teams to ensure prompt loan processing.

• Identify and address any missing or incorrect information proactively.

• Assist the loan officer in managing multiple loan files concurrently.

• Help schedule appointments, meetings, and follow-ups.

• Maintain accurate tracking of loan applications and related communications.

• Generate reports on loan statuses and key performance indicators.

• Aid in marketing initiatives to bolster lead development and referral activities.

• Perform additional administrative tasks to enhance team productivity and operational efficiency.

⛳️ Requirements

• Understanding of the loan lifecycle from application to closing.

• Familiarity with various loan types (mortgage, personal, auto, commercial).

• Knowledge of borrower documentation, income verification, credit reports, and loan conditions.

• Working knowledge of lending regulations (TILA, RESPA, ECOA, HMDA).

• Experience with loan processing systems, CRM platforms, and automated underwriting systems (AUS).

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health, dental, and vision insurance.

• Opportunities for professional development and career advancement.

• Supportive and inclusive work environment.

• Flexible work hours and remote work options.