Leverage Companies→
Mortgage Loan Processor at Leverage Companies in Newark, NJ
Entry LevelHybridFull-timeNewark, NJ$90k–$120k/yr
Skills
mortgage loan processingdscr loan structuringnon-qm lendinginvestor lendingportfolio managementproperty valuationinvestment analysisfinancial modelingpricing analysisrisk managementdata analysis
Job Description
Summary: Leverage Companies is a private real estate lender focused on providing innovative lending solutions. The Mortgage Loan Processor will manage a pipeline of mortgage loan files, ensuring accuracy and compliance while handling complex loan scenarios in a fast-paced environment.
Responsibilities:
- Execute and oversee the processing of loan transactions, ensuring accuracy and compliance with internal policies and regulatory standards primarily focused on document collection and verification
- Collaborate with various teams to streamline processing workflows and identify opportunities for efficiency improvements
- Conduct comprehensive pricing analysis on various loan products to support informed decision-making
- Stay abreast of market trends, competitive pricing, and economic indicators to adjust pricing strategies accordingly
- Serve as a primary point of contact for assigned client accounts, addressing inquiries, providing updates, and ensuring overall client satisfaction
- Collaborate with clients to understand their financial goals and tailor solutions to meet their individual needs
- Utilize analytical tools and software to extract, analyze, and interpret financial data, providing insights for strategic decision-making
- Generate regular reports for internal and external stakeholders, highlighting key performance indicators and trends
- Work closely with the underwriting team to identify potential risks associated with processing and pricing activities
- Develop and implement risk mitigation strategies to safeguard the interests of the company
Required Qualifications:
- 1+ years of proven experience and success track record in private/non-QM/DSCR/investor lending
- Documented track record of consistent (over)production, such as files volume
- Demonstrated expertise in complex DSCR loan structuring, portfolio management, and navigating intricate lending scenarios
- In-depth knowledge of market trends, property valuation, and investment analysis
- High personal standards and ownership mentality
- Strong analytical, financial modeling, leadership, communication, and mentoring skills
Required Skills: Mortgage Loan Processing, DSCR Loan Structuring, Non-QM Lending, Investor Lending, Portfolio Management, Property Valuation, Investment Analysis, Financial Modeling, Pricing Analysis, Risk Management, Data Analysis
Benefits: No Gimmicks: An aggressive, production-based commission structure with an uncapped upside., The Platform: Benefit from an 85%+ close rate and massive borrower loyalty., Lead Flow: Access to a proven AI-driven marketing and follow-up funnel that feeds you real opportunities, not just 'noise'.
Benefits
No Gimmicks: An aggressive, production-based commission structure with an uncapped upside.
The Platform: Benefit from an 85%+ close rate and massive borrower loyalty.
Lead Flow: Access to a proven AI-driven marketing and follow-up funnel that feeds you real opportunities, not just 'noise'.