Loan Administrator

RippedBoxStation; Philippines; On-site; PHP 334,800 - 558,000; Full time

Job summary

A private lending company located in the Philippines is seeking an experienced individual to manage mortgage applications and underwriting processes. The ideal candidate should have a strong background in loan administration and mortgage risk analysis. Responsibilities include evaluating mortgage applications, conducting risk assessments, and ensuring compliance with regulations. The position demands excellent communication and organizational skills, as well as proficiency in various software applications to effectively handle documentation and client interactions.

Qualifications

• Experience in mortgage processing and underwriting is required.
• Understanding of mortgage risk analysis is essential.
• Proficiency in relevant software applications is necessary.
• Excellent English communication skills are mandatory.

Responsibilities

• Evaluate mortgage applications based on lending criteria.
• Conduct risk assessments on borrower profiles.
• Structure mortgage deals to align with guidelines.
• Prepare and issue necessary mortgage documents.
• Maintain compliance with mortgage lending regulations.

Skills

Loan administration experience

Mortgage underwriting knowledge

Proficiency in MS Office

Data entry and validation skills

Strong communication skills

Organizational skills

Negotiation skills

Ability to work under pressure

Reliability and adaptability

Tools

MS Office (Office 365)

DocuSign

Google Drive

Job description

Responsibilities

• Evaluate mortgage applications based on private lending criteria, including the marketability of residential and commercial properties.
• Conduct risk assessments by analyzing borrower profiles, credit reports, income, assets, equity positions, financial statements, and appraisals.
• Structure mortgage deals in alignment with lending guidelines and risk tolerance.
• Prepare and issue Letters of Intent (LOIs), mortgage commitments, and related documentation, and follow up on outstanding conditions.
• Collect, verify, and validate data from multiple sources to ensure accuracy in underwriting decisions.
• Review funding packages to ensure alignment with Commitment Letters, legal requirements, and internal approvals.
• Track and manage funding conditions, including insurance, registrations, AML documentation, and third-party deliverables.
• Coordinate wire requests and fund disbursements, ensuring all internal sign-offs are completed prior to release.
• Maintain accurate and organized loan files and system records for auditing and compliance purposes.
• Complete post-closing activities, including checklists, system updates, audits, and final reporting for funded deals.
• Liaise with mortgage brokers, lawyers, appraisers, insurers, and internal teams to support smooth and timely closings.
• Ensure compliance with federal, provincial, and local mortgage lending regulations.
• Contribute to process improvement initiatives, including refining templates, checklists, trackers, and procedures.

Job Requirements

• Previous experience in loan administration, mortgage underwriting, or mortgage processing, preferably within private lending.
• Strong understanding of mortgage risk analysis principles, including creditworthiness, LTV ratios, and property valuation.
• Proficiency in MS Office (Office 365), Outlook, OneDrive, DocuSign, and Google Drive.
• Strong data entry, validation, and reconciliation skills across multiple systems.
• Excellent written and verbal English communication skills, with the ability to communicate professionally with internal and external stakeholders.
• Highly organized and process-driven, with exceptional attention to detail where accuracy is prioritized over speed.
• Strong negotiation and conflict-resolution skills.
• Ability to work effectively under pressure, manage high-volume workloads, and meet strict timelines.
• Adaptable, reliable, and able to work independently once trained.
• Willingness to learn and apply private mortgage lending concepts and regulatory requirements.

Other Requirements

• Comfortable working in a Windows-based PC environment.
• Ability to manage multiple files simultaneously in a structured and methodical manner.
• Strong service orientation with a focus on relationship management and service excellence.
• Reliable, accountable work style suited for roles requiring precision, compliance, and documentation accuracy.